RiDiK (a Subsidiary Of CLPS. Nasdaq: CLPS) Hiring! Full Time Back End Developer in - Ricebowl

Role: Senior Backend Developer - Derivatives Domain

Location: MBFC

Experience: 10+ Years Total (3–5 years specifically in Derivatives)

1. The Core Mission

You will build and maintain the backend systems that handle complex financial instruments. Your main goal is to translate trading and risk business rules into fast, reliable, and scalable software. You will act as the bridge between the engineering team and the traders/risk managers.

2. Must-Have Experience (Non-Negotiable)

• General Coding: 10+ years of professional backend development experience.
• Derivatives Domain: 3–5 years of hands-on work in financial derivatives.
• Product Knowledge: You must understand these specific products:
• Vanilla Options: Calls and Puts.
• Strategies: Spreads, combinations, volatility plays.
• OTC Derivatives: Swaps, forwards, exotic options.
• Structured Products: Capital-protected notes, yield enhancers, etc.
• Industry Background: Experience in banking, capital markets, or tier-1 financial institutions.
• Scale: Proven track record of delivering large-scale enterprise applications in production.

3. What You Will Actually Do

A. Backend Engineering & Data

• Design databases and data models that can handle complex financial instruments, trades, and cash flows.
• Build high-performance APIs (REST/gRPC) for trading platforms, market data, and risk systems.
• Create event-driven architectures for real-time trade processing.
• Ensure data integrity and system performance.

B. Derivatives Logic Implementation

• Translate financial requirements into code.
• Implement pricing models and calculate "Greeks" (Delta, Gamma, Vega, Theta, Rho).
• Build systems for the full trade lifecycle: booking, validation, settlement, and reconciliation.
• Handle regulatory reporting (MAS, EMIR, Dodd-Frank).
• Integrate with market data providers and clearing houses.

C. Leadership & Collaboration

• Work closely with Quants, Traders, and Risk Managers to ensure the tech matches business needs.
• Mentor junior developers.
• Participate in Agile ceremonies (sprints, stand-ups).
• Help with cloud deployment (AWS/Azure/GCP) and production support.