CIBC

e-FI Development Lead (FICC eTrading Technology)

CIBC$200K — $290K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Java development
  • Strong understanding of Fixed Income markets and trading systems
  • Experience with low latency programming techniques for trading applications
  • Proficiency in using the Spring Framework (Spring Boot and Spring MVC)
  • Strong SQL skills and experience with relational or NoSQL databases
  • Familiarity with messaging protocols like FIX, JMS, or MQ
  • Experience with CI/CD tools and testing frameworks such as JUnit or Mockito

Responsibilities

  • Design and develop high-performance eTrading systems for US Treasury/Rates
  • Provide technical direction and mentorship to development teams
  • Collaborate with stakeholders to gather requirements and deliver solutions
  • Ensure compliance with regulatory standards and internal risk policies
  • Drive code quality initiatives through regular reviews and automated testing
  • Lead the resolution of high-impact production incidents and implement long-term fixes
  • Contribute to project planning and resource allocation

Benefits

  • Comprehensive Medical, Dental, and Vision plans
  • Health Savings Account
  • Life and Disability Insurance
  • Paid Time Off including Sick Leave and Vacation
  • 401(k) retirement plan
  • Parental Leave
  • Special perks unique to team members
Full Job Description

What you'll be doing

The E-FI Lead Java Developer will be responsible for designing, developing, and maintaining high-performance electronic US Treasury/Rates trading systems. This role combines deep technical expertise in Java with a solid understanding of Fixed Income markets to deliver reliable, scalable, and low-latency solutions that support the bank’s trading and risk management objectives. The successful candidate will work closely with traders, business analysts, and technology teams to deliver innovative solutions that enhance trading capabilities, ensure regulatory compliance, and drive business growth.

You will have the flexibility to manage your work activities within a hybrid work arrangement. Details on your work arrangement will be discussed at the time of your interview.

How you'll succeed

  • Technical Leadership: Provide technical direction and mentorship to the development team, ensuring best practices in software design, coding standards, and architectural decisions.

  • Solution Delivery: Oversee and be very hands on for the end-to-end delivery of robust, scalable, and low-latency eTrading solutions, ensuring alignment with business objectives and regulatory requirements.

  • Stakeholder Collaboration:Work closely with traders, business analysts, product owners, and other technology teams to gather requirements, clarify objectives, and deliver fit-for-purpose solutions.

  • Code Quality & Review: Drive a culture of code excellence through regular code reviews, automated testing, and continuous integration, ensuring maintainability and reliability, Innovation & Continuous Improvement: Identify and implement opportunities to improve system performance, reliability, and scalability. Stay abreast of industry trends and emerging technologies.

  • Risk & Compliance:Ensure all solutions comply with internal risk management policies, security standards, and regulatory requirements.

  • Incident Management & Support:

  • Lead the resolution of high-impact production issues, perform root cause analysis, and implement long-term fixes to prevent recurrence.

  • Project Planning: Contribute to project planning, estimation, and resource allocation to ensure timely and successful delivery of initiatives.

CROSS-FUNCTIONAL RELATIONSHIPS

  • Trading Desk: Collaborate closely with traders to understand business requirements, trading strategies, and operational needs.

  • Product Management: Partner with product managers to prioritize features, align technology solutions with business goals, and deliver value to clients.

  • Business Analysts: Work with business analysts to clarify requirements, assess feasibility, and translate business needs into technical specifications.

  • Risk & Compliance Teams: Coordinate with risk management and compliance teams to ensure all solutions adhere to internal policies and regulatory standards.

  • Quality Assurance (QA): Engage with QA teams to develop and execute comprehensive testing strategies, ensuring system reliability and performance.

  • Infrastructure & DevOps: Collaborate with infrastructure and DevOps teams to optimize deployment pipelines, automate processes, and ensure system scalability and resilience.

  • Support & Operations: Work with production support and operations teams to manage incident resolution, monitor system health, and implement improvements.

  • Other Technology Teams: Partner with other technology groups (e.g., data, security, client connectivity) to deliver integrated, end-to-end solutions.

JOB DIMENSIONS

  • Lead development streams of work and interact with global team members

  • Own and be accountable for various streams of work from feature development, enhancements to production fix

  • Inform and solicit feedback for design and architecture, incorporating resiliency and high availability

  • Interface regularly with technology and business stakeholders

Who you are

  • You bring expertise in Java (Core & Advanced): Strong proficiency in Java, including multi-threading, collections, and concurrency.

  • FI Trading Systems: Experience developing, maintaining, or supporting electronic foreign exchange (E-FI) trading platforms.

  • Messaging Protocols: Familiarity with FIX protocol, MQ, JMS, or similar messaging solutions.

  • API Development: Experience with RESTful and/or SOAP web services.

  • Low Latency Programming: Understanding of techniques for minimizing latency in trading applications.

  • Spring Framework: Proficiency with Spring Boot, Spring MVC, and related technologies.

  • Database Technologies: Strong SQL skills; experience with relational databases (e.g., Oracle, SQL Server, PostgreSQL) and/or NoSQL solutions.

  • Distributed Systems: Understanding of distributed computing concepts and technologies (e.g., microservices, caching, clustering).

  • Testing Frameworks: Experience with JUnit, Mockito, or similar testing tools.

  • CI/CD: Familiarity with continuous integration and deployment tools (e.g., Jenkins, TeamCity, Git)

Doman Knowledge:

  • Fixed Income Markets: Solid understanding of Rates products, trading lifecycle, and market conventions.

  • Order Management: Knowledge of order routing, execution, and trade booking flows.

  • Risk Management: Familiarity with pre-trade and post-trade risk controls in electronic trading

Soft Skills:

  • Analytical Thinking: Strong problem-solving and analytical abilities.

  • Communication: Excellent verbal and written communication skills; ability to collaborate with traders, business analysts, and other developers.

  • Agility: Ability to work in a fast-paced, dynamic environment with changing priorities.

  • Teamwork: Experience working in Agile/Scrum teams.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000 - $290,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees’ needs, including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidaysand 401(k), in addition to other special perks reserved for our team members.

#LI-TA

Job Location

NY-New York, 300 Madison Ave Fl 5

Employment Type

Regular

Weekly Hours

40

Skills

Application Dev

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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