Financial Engineer

New York City, NY - USA

Monthly Salary: Not Disclosed

Posted on: 18 hours ago

Vacancies: 1 Vacancy

Job Summary

About Our Client

Our client is redefining the infrastructure behind one of the largest and most complex markets in the world: OTC derivatives.

This market moves trillions of dollars daily yet much of the underlying technology has remained largely unchanged for decades. Our client is building a modern AI-native platform designed to power the next evolution of financial servicescombining deep financial engineering with a modern cloud stack and world-class developer experience.

The founding team comes from tier-one banks hedge funds and trading firms where they previously built and operated some of the most sophisticated systems in the industry. Today they are applying that expertise to create infrastructure capable of processing the most complex transactions across global financial marketsat scale with precision and with a focus on long-term impact.

Their clients include some of the most sophisticated banks hedge funds and asset managers in the world. The problems are technically challenging the data is dense and the systems being built will influence how this market operates for decades.

Technology Environment

This is a modern cloud-native engineering organization:

Serverless cloud-native architecture by design
Infrastructure as Code (IaC)
Backend services written primarily in Python and Java
Frontend built with TypeScript and React
Heavy use of modern AI tooling and foundation models
Fully automated SDLC with rapid intraday deployments
Strong emphasis on reliability observability and developer velocity

About the Role

As a Financial Engineer you will play a hands-on role in building and scaling analytics and models for OTC derivatives across asset classes.

Youll focus on translating complex financial instruments into robust production-grade systemsowning everything from pricing logic to trade lifecycle workflows. This role sits at the intersection of financial engineering software engineering and modern AI-enabled infrastructure.

Youll collaborate closely with platform engineers AI engineers and domain experts to integrate models into a broader capital markets platform used by institutional clients.

This role is onsite in New York City.

What Youll Be Working On

Modeling OTC derivatives from vanilla to exotic products across asset classes
Implementing trade lifecycle logic including:
- Cash flow calculations
- Position management
- Trade state transitions
Designing and validating pricing and analytics workflows
Integrating financial models into scalable backend services
Collaborating cross-functionally with engineering product and domain specialists
Ensuring accuracy transparency and robustness in financial calculations

Required Qualifications

Bachelors degree in Financial Engineering Computer Science Mathematics Physics or a related field
Practical experience with:
- Quantitative modeling
- Statistics and linear algebra
- Financial data analysis
Strong understanding of derivatives and financial engineering concepts
Proficiency in Python
Strong problem-solving and communication skills
Ability to work effectively with cross-functional engineering teams
Willingness to work onsite in NYC

Bonus Qualifications (Nice to Have)

Deep expertise in OTC derivative pricing and modeling across multiple asset classes
Familiarity with ISDA concepts and data models (e.g. CDM FpML)
Strong understanding of:
- Trade lifecycle management
- Position and exposure management
Experience implementing or validating pricing models in production
Knowledge of collateral management margining and settlement processes
Experience with electronic trading and protocols (e.g. FIX clearing workflows)
Exposure to Generative AI applications in finance (e.g. OpenAI Anthropic Gemini)

Why This Role Stands Out

Work on foundational infrastructure not surface-level features
Solve genuinely hard problems at the intersection of finance and technology
Join a team with deep domain credibility and long-term vision
Build systems that will shape how institutional markets operate in the future

About Nxt Level Recruiting

Nxt Level Recruiting partners with high-growth venture-backed companies to help them build world-class engineering and leadership teams. We specialize in identifying top-tier talent for technically demanding roles where precision ownership and impact matter.

Required Experience:

About Our ClientOur client is redefining the infrastructure behind one of the largest and most complex markets in the world: OTC derivatives.This market moves trillions of dollars daily yet much of the underlying technology has remained largely unchanged for decades. Our client is building a modern ...