Java Software Engineer - Derivatives

Reports to: Head of Data & Digital Solutions

Location: London

Role Overview

• This role sits within a global Data & Digital Solutions team and focuses on supporting industry adoption of a common data and process model and its associated digital regulatory reporting extensions.
• The model provides a standardised, codified representation of financial transactions, lifecycle events, agreements, and processes, and is a key initiative driving the digital transformation of financial markets.
• Based in London, the role involves close collaboration with global market participants, technology providers, and industry bodies. You will contribute to model analysis, hands-on development, data mapping, and the resolution of technical queries related to both the data model and its supporting Java-based codebase.

Key Responsibilities

Technical Delivery & Model Adoption

• Support member firms and external stakeholders in implementing the common data model and regulatory reporting extensions
• Develop deep subject matter expertise across the data model and associated solutions
• Deliver hands-on development primarily in Java, with some exposure to Python
• Work with:
• Domain-specific and functional languages
• Build, release, and testing best practices
• Git Hub-based development and issue management
• Assist firms with business analysis, proprietary model mapping, and integration with other industry standards (e.g. FpML), with a focus on collateral management and regulatory reporting use cases
• Contribute to data model extensions driven by industry and stakeholder feedback

Stakeholder & Industry Engagement

• Represent the organisation and its member base in technical discussions with market participants, vendors, and industry working groups
• Participate in technical forums to propose, review, and validate modelling enhancements, including within open-source environments
• Review and validate technical contributions submitted by external parties
• Collaborate with other industry technical leads and service providers to prioritise and deliver releases

Product, Documentation & Governance

• Support the maintenance of a product development roadmap driven by stakeholder requirements
• Translate business and technical needs into clear, well-structured agile user stories
• Produce technical and user documentation for newly developed functionality
• Participate in governance activities including sprint planning, checkpoints, and contribution reviews

Project & Relationship Management

• Support delivery of the overall adoption strategy for the data model and regulatory reporting solutions
• Manage implementation-support initiatives with multiple stakeholders
• Ensure implementation insights and requirements are captured and fed back into product planning
• Build and maintain strong working relationships with:
• Buy-side and sell-side institutions
• Industry subject matter experts
• Vendors, trade bodies, and third-party service providers

Qualifications

• Bachelor’s degree in any discipline (Computer Science, Engineering, or Technology preferred)
• Additional technology or business analysis qualifications are advantageous
• Strong ability to gather, analyse, and document functional and technical requirements
• Experience working with JSON, XML, DSLs, and FpML
• Proficiency with modern IDEs and code editors (Intelli
  
  J, VS Code, Eclipse)
• Financial data modelling of products, transactions, and lifecycle events
• Excellent written and verbal communication skills
• Proven ability to learn complex technical and business domains quickly
• Strong stakeholder engagement and relationship-management capability
• Highly organised, detail-oriented, and comfortable balancing multiple priorities
• Proactive, collaborative, and delivery-focused

Technical Requirements (Essential)

• Working knowledge of Python (secondary)
• Solid Git Hub workflow experience (branches, pull requests, merging, issue management)
• Experience with integrated development environments (IDEs)
• Working knowledge of XML (FpML) and JSON

Experience

• 5+ years’ experience in financial services
• Background in derivatives trade processing within a software engineering or technical role

Highly Relevant Experience

• Trade processing system implementation
• Modelling of derivatives products and lifecycle processes
• Exposure to collateral management and/or regulatory reporting within financial institutions
• Experience working with industry-wide data models or regulatory reporting frameworks
• Exposure to open-source technologies and collaborative development environments