£585 Per day
Inside
Hybrid
London Area, United Kingdom
Summary: The KDB Engineer role involves working within a financial services environment, specifically in the Algorithm Trading team, to develop and analyze pricing, trading, hedging, and risk management algorithms for Fixed Income products. The position requires deep experience with Q/KDB+ and involves close collaboration with traders and stakeholders to ensure compliance and effective deployment of trading algorithms. The role also includes responsibilities for application design, development, and maintenance, as well as compliance monitoring and technical support. This is a contract position based in London, requiring three days a week in the office.
Key Responsibilities:
- Liaise with traders to understand requirements and leverage solutions from other product lines within Algo Flow trading.
- Help monitor the deployment of new and modified trading algorithms to ensure compliance with the firm’s obligations.
- Design, develop, test and deliver application changes to meet the needs of the Algo trading desks, including API and schema design.
- Design dashboards in Altair Panopticon to monitor trading algorithms.
- Perform ad-hoc statistical analysis of algorithm performance, behavior, market data, and client behavior.
- Maintain and evolve KDB systems.
- Develop compliance monitoring tools.
- Provide technical assistance and 3rd line support to internal Production Support teams.
- Participate in software releases, which may occur out of hours/weekends.
- Comply with all applicable legal, regulatory, and internal Compliance requirements.
- Maintain appropriate knowledge to ensure full qualification for the role.
- Complete all mandatory training as required to maintain competence.
Key Skills:
- Deep experience with Q/KDB+ in a similar environment.
- Experience with the TorQ framework for KDB+ is advantageous.
- Front office knowledge of the Fixed Income business or quantitative finance.
- UNIX/Linux OS knowledge.
- Knowledge of software delivery processes, methodologies, and test strategies.
- Familiarity with qspec and qunit frameworks is useful.
- Knowledge of Altair Panopticon is a distinct advantage.
- Clear communication and systematic reasoning skills.
Salary (Rate): £585 per day
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: IT
Job Title: KDB Engineer
Location: London - 3 days per week in the office
Salary/Rate: Up to £585 per day INSIDE IR35
Start Date: 26/08/2025
Job Type: Contract
Company Introduction
We have an exciting opportunity now available with one of our sector-leading financial services clients! They are currently looking for a skilled KDB Engineer to join their team for an initial 6-month contract.
Mission of the Algorithm Trading team in the front office environment is to help develop and analyse the Pricing, Trading, Hedging and Risk Management algorithms for Fixed Income products. This role is within a small KDB+ development team focused on pricing and risk management for the Algo Trading desks. The team has short feedback cycles, frequent deliveries of hours to days, direct contact to stakeholders and the trading desk.
Your core attributes will include:
- Clear communication & systematic reasoning.
- Deep experience with Q/KDB+ working in a similar environment, experience with TorQ framework for KDB+ advantageous.
- Have front office knowledge of the FI business or quantitative finance.
- UNIX/Linux OS knowledge.
- Knowledge about software delivery processes and methodologies and test strategies.
- Familiarity with qspec and qunit frameworks useful.
- Knowledge of Altair Panopticon would be a distinct advantage.
Key Responsibilities
- Liaise with traders to understand requirements and draw parallels with and leverage on solutions in other products lines within Algo Flow trading.
- Help monitor the deployment of new and modified trading algorithms to ensure we are compliant with the firm’s obligations and that the release process is strictly adhered to.
- Design, develop, test and deliver application change to meet the needs of the Algo trading desks – this will include both API and schema design, and a significant amount of work on real-time KDB+ processes.
- Design dashboard in Altair Panopticon to monitor the trading algorithms.
- Perform ad-hoc statistical analysis of algorithm performance, behavior, market data, client behavior.
- KDB maintenance and evolution
- Compliance monitoring tool development
- Provide technical assistance and 3rd line support to internal Production Support teams.
- Participation on software releases which may be performed out of hours/weekends.
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role.
- Complete all mandatory training as required to attain and maintain competence.