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Associate Software Engineer, Calcs

AT MarketAxess
MarketAxess

Associate Software Engineer, Calcs

New York, NY

About Us 

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There. 

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The Role

We are seeking a Software Engineer, Associate to join the MKTX Bond Calcs team who has a passion for financial calculations and an expertise in Core Java. This person will work closely with various stakeholders, such as calcs analysts, business units, and technology teams, to ensure effective data operations and support the organization's overall data needs.  

You should be passionate about technology, software engineering, code quality, code testability, and innovatively addressing business problems. You will work with the team to collaborate on software solutions and architecture and ensure exceptional software engineering practices, and good documentation. It's essential to be willing to take on new skills to meet the shifting demands of accelerating our modernization efforts. 

We embrace a culture of collaboration and experimentation while striving and encouraging all team members to focus on continuous improvement and learning. We openly welcome diverse perspectives and people who are not afraid to challenge assumptions and prior ways of working.  Otherwise, how do we innovate, learn and grow as a team and individuals? 

How You'll Help Take Us There

  • Design and develop high performance and scalable bond calculation systems and services both on-prem and in the Cloud (AWS) 
  • Analyze and implement bond calculation functions for both Domestic, EU, and Emerging Markets (e.g. price, yield, spread, discount margin, accrued interest, etc.). 
  • Design and develop systems to manage Bond Reference Data. 
  • Collaborate with product managers to align data development with overall product goals. 
  • Define and enforce coding standards and best practices within the team and across the organization. 

What We’re Looking for  

  • 2+ year of experience within software engineering, preferably with prior Java experience 
  • Strong mathematical aptitude 
  • Basic SQL Query Skills (Microsoft SQL, Oracle SQL) 
  • Excellent problem-solving skills and the ability to thrive in a fast-pace, dynamic environment  
  • Strong communication skills and the ability to collaborate effectively with cross-functional teams  
  • BS/MS degree in Computer Science, Engineering or a related subject 
  • Experience with Agile methodologies and working in Agile teams 
  • Interest in Financial Markets 
  • Must be legally authorized to work in the United States permanently without employment visa sponsorship required now or in the future 

Additional Qualifications 

  • Prior Fixed Income product/analytics knowledge 
  • Working experience in AWS cloud native services and Enterprise or cloud-based DBMS such as Oracle and SQL Server  
  • Experience with Java ecosystem software such as Spring Boot, Junit 
  • Prior experience decomposing monolith into microservices and containers 

What You Can Expect from Us

  • Hybrid Environment: Our employees enjoy a mix of working in the office and from home
  • Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks
  • Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days
  • Generous Parental Leave: Up to 20 weeks fully paid leave
  • 401(k): Dollar-for-dollar employer match up to $17,500
  • Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discount
  • Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more
  • Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location
  • Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers
  • Core benefits: Highly competitive medical, dental, and vision programs

For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is $95,000 USD to $125,000 USD. Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives, equity, and other benefit programs.

MarketAxess Corporation and its affiliates provide equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying.

All of your information will be kept confidential according to EEO guidelines.

Client-provided location(s): New York, NY, USA
Job ID: 4409866006
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • FSA
    • HSA With Employer Contribution
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Stock Purchase Program
    • Performance Bonus
    • Pension
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Lunch and Learns
    • Internship Program
    • Associate or Rotational Training Program
    • Access to Online Courses
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Founder led
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at MarketAxess.