Director, Pricing and Market Data Technology

We are seeking a senior technology and Subject matter leader to strengthen our Pricing organisation in India. The role combines front-office pricing technology, quantitative understanding and real-time market-data expertise. The successful candidate will work closely with traders, quants and technology teams to lead the development of resilient, high-performance pricing & market-making platforms across multiple asset classes.

This is a hands-on leadership position requiring sufficient technical depth to engage directly with developers, quantitative analysts, traders and architects, while also providing strategic leadership across the wider pricing technology landscape.

The ideal candidate will combine strong software-engineering expertise with a deep understanding of financial markets, pricing models, real-time market data and front-office trading workflows.

• Provide senior technical leadership for pricing and market-data platforms supporting front-office trading businesses.
• Own the architecture of real-time pricing services and market-data infrastructure.
• Work closely with front-office trading desks, quantitative analysts, risk teams and developers to translate business and quantitative requirements into robust production solutions.
• Lead the design and development of HA, low-latency and scalable pricing systems.
• Ensure systems can operate effectively during periods of extreme market activity, including high-volume market-data bursts and data-storm scenarios.

• Pricing & Market Making theory and practice
• Pricing models and financial mathematics
• Quantitative libraries and pricing engines
• Real-time and intraday pricing
• Front-office exposure, Risk and Hedging

The strongest candidate is likely to have 15+ years of capital-markets technology and domain experience, with a significant proportion spent supporting front-office trading and pricing environments. Preferably experience should be in western markets rather than domestic Indian ones

We would particularly value someone who can operate across four disciplines:

• C++, C#, Java, Python
• Refinitiv / LSEG market-data technology (formerly known as TREP)

• Low-latency system design including hardware optimisation
• Multi-threaded and concurrent programming
• High-throughput real-time systems
• Data-storm and burst-volume handling
• Resilient and fault-tolerant architectures
• Calculation graphs

The candidate should have substantial experience working within a front-office capital-markets environment.

Preferred backgrounds in order of importance:

• Tier 1 investment banks or Sell-side financial institutions
• Inter-dealer brokers such as ICAP or BGC
• Electronic trading or institutional brokerage businesses

The successful candidate should have experience working directly with:

• Traders
• Quantitative analysts
• Front-office technology teams
• Market-data specialists

And have product experience of:

• Rates, Fixed Income, Spot and Medium-term FX, Commodities
• Instruments - Cash, Securities, Futures, Options, Strategies, Structured Products
• Exchange Traded and OTC

Experience in the commercial and governance aspects of market data would significantly strengthen a candidate or if they are able to demonstrate the ability to grow into this area.

• Management of a large market-data budget, potentially in the region of US$70 million
• Negotiation with major market-data and feed vendors
• Vendor contract management, Market-data procurement and commercial optimisation
• Direct engagement with exchanges for Real-time, non-display and Derived-data licensing
• Exchange reporting obligations
• Management of exchange and vendor audits
• Market-data inventory and entitlement management
• Invoice approval and reconciliation
• Cost allocation and attribution across businesses, desks and legal entities

This part of the role requires the ability to bridge the gap between technology, financial markets, licensing and commercial management.