Electronic Trading Support Analyst

  • Competitive
  • New York City, NY, USA New York City NY US
  • Festanstellung, Vollzeit
  • Bank of America Corporation
  • 18 Jul 18 2018-07-18

Electronic Trading Support Analyst

Job Description:

• Join a regional based team responsible for ensuring the smooth running of production Equity trading regionally responsible for the Americas.
• Provide day-to-day application support to front-office trading systems, which includes monitoring all kinds of high-touch, low-touch and co-location flows, managing client and market connectivity, answering user queries, monitoring applications, release of changes to production environment and post-release checking.
• Located on the trading floor. Interact closely with regional and global business users (traders and operations staff) and other groups in Technology to ensure issues are addressed and communicated in a timely manner.
• Troubleshoot production issues to identify root causes and track issues to their completion.
• Work closely with developers and business analysts to plan system rollout and application updates, provide feedback on production system performance, and investigate production problems and identify solutions.
Job Description
• Join a regional based team responsible for ensuring the smooth running of production Equity trading regionally. T his is a Electronic trading support role with hands on Equity Algorithmic trading exposure.
• Provide day-to-day application support to front-office trading systems, which includes monitoring all kinds of high-touch, low-touch and co-location flows, managing client and market connectivity, answering user queries, monitoring applications, release of changes to production environment and post-release checking.
• Located on the trading floor. Interact closely with regional and global business users (traders and operations staff) and other groups in Technology to ensure issues are addressed and communicated in a timely manner.
• Troubleshoot production issues to identify root causes and track issues to their completion.
• Work closely with developers and business analysts to plan system rollout and application updates, provide feedback on production system performance, and investigate production problems and identify solutions.
• Manage serious outages in production by interfacing between business, developers, infrastructure teams and management. Main tasks include: provide communication, take remedial actions to resolve outage, provide information to business to alleviate knock-on impact, work on post-mortem and follow-up actions for root cause identification, recurrence prevention, and any improvement in problem detection and resolution.
• Candidates should be prepared to work out of normal business hours on a rota basis such as on weekends, or early morning shifts according to business needs.
• Proactively identify and resolve potential production problems in all trading systems and escalate them to relevant parties if necessary. Suggest improvements to existing processes for support both locally and globally
• Provide performance and capacity monitoring and planning to the platform to ensure the applications are running in healthy state and enough capacity to handle volatile market volumes

Soft skills
1. High energy
2. Great communication skills
3. Strong analytical skills.
4. Strong problem solving skills
5. Ability to perform at the highest level under pleasure is essential.

Technical skills
1. Strong UNIX command line skills
a. Need to understand grep, awk, sed etc
b. Comfortable with shell scripting
2. Good Perl scripting skills.
3. Proven record of automation.
4. Strong understanding of low latency trading systems
5. Strong understanding of redundant, high availability design concepts as pertaining to equity trading systems.
6. Good understanding of Tibco/EMS and other transport systems

Business exposure required
1. Strong equity trade support experience
2. Intimate understanding of Algo trading systems.
a. Should be able to explain in great detail VWAP/POV strategies at the least
b. Understand passive Vs aggressive orders and the reasons for using the same
c. Should be able to articulate the difference between Lit Dark and Gray liquidity.
3. Strong understanding of Crossing systems
a. Should be able to explain midpoint liquidity, price improvement, make Vs take.
4. Excellent understanding of Equity trading regulation (below two at the minimum)
a. Explain RegNMS
i. ISO
ii. NBBO
Required Job Skills

Educational requirements
Bachelor's degree with 4+ years of experience is required. Masters degree is preferred.

Shift:
1st shift (United States of America)

Hours Per Week:
40