Data Engineer (Market Data)

RAPS Consulting Inc

Newark, NJ

JOB DETAILS
SKILLS
Agile Programming Methodologies, Amazon Web Services (AWS), Analysis Skills, Apache Kafka, Apache Spark, Application Programming Interface (API), Bond Market, Capital Markets, Cataloguing, Communication Skills, Computer Science, Continuous Deployment/Delivery, Continuous Integration, Cross-Functional, Data Management, Data Modeling, Data Quality, Data Recovery, Data Storage, Data Warehousing, Database Design, Database Extract Transform and Load (ETL), Decision Support, Derivatives, DevOps, Finance, Fixed Asset Management, Fixed Income Investments, GCP (Good Clinical Practices), Identify Issues, Investment Management, Java, Microsoft Windows Azure, Needs Assessment, Portfolio Analysis, Pricing, Problem Solving Skills, Python Programming/Scripting Language, Reconciliation, Regulatory Reports, Regulatory Requirements, Risk, Risk Analysis, SQL Databases, Scala Programming Language, Scalable System Development, Security Monitoring, Structured Data, Technical Delivery, Unstructured Data
LOCATION
Newark, NJ
POSTED
30+ days ago

Job Title: Data Engineer (Market Data)
Location: Newark, NJ (Hybrid 2 to 3 days onsite per week)
Duration: 12 24 Months

Domain Investment Banking


Role Summary
We are seeking a Data Engineer with strong expertise in Market Data to support Fixed Income / Asset Management platform. The role focuses on building scalable data pipelines, integrating external market data sources like Bloomberg and Reuters, and ensuring high-quality data for trading, risk, and analytics systems.
You will work closely with portfolio managers, analysts, and technology teams to deliver robust data solutions supporting investment decision-making.

Key Responsibilities
Data Engineering & Pipeline Development
  • Design, build, and maintain scalable data pipelines and ETL processes for market and reference data
  • Ingest data from external vendors such as Bloomberg, Refinitiv (Reuters), Aladdin, etc.
  • Handle structured and unstructured data (APIs, flat files, streaming feeds)
Market Data Management
  • Manage security master, pricing, and reference data across asset classes (Fixed Income, Derivatives, etc.)
  • Ensure data quality, validation, and reconciliation across multiple data sources
  • Monitor and troubleshoot data discrepancies impacting downstream systems
Data Architecture & Modeling
  • Develop data models, schemas, and data warehouses/lakehouses
  • Optimize data storage and retrieval for performance and scalability
  • Implement data lineage, cataloging, and governance frameworks
Collaboration & Business Alignment
  • Work with trading desks, risk teams, and portfolio managers to understand data needs
  • Support analytics, reporting, and regulatory requirements
  • Partner with cross-functional teams in Agile environments

Required Skills & Experience
Core Technical Skills
  • Strong experience in Python / Java / Scala
  • Advanced SQL and database design skills
  • Hands-on experience with:
    • Data Warehousing / Data Lakes
    • ETL tools & frameworks
    • APIs & data ingestion pipelines
Market Data Expertise (MUST HAVE)
  • Strong experience with:
    • Bloomberg (B-Pipe, APIs, Terminal)
    • Reuters / Refinitiv Eikon / Elektron
  • Deep understanding of:
    • Fixed Income instruments (Bonds, MBS, ABS, Derivatives)
    • Pricing, yields, curves, and market conventions
Big Data & Cloud (Preferred)
  • Apache Spark / Kafka
  • AWS / Azure / GCP
  • Data Lake / Lakehouse architectures
Other Requirements
  • Strong problem-solving and analytical skills
  • Experience working in Investment Management / Capital Markets domain
  • Excellent communication and stakeholder management

Nice to Have
  • Experience with Aladdin or similar OMS platforms
  • Knowledge of data governance tools (e.g., Purview)
  • Exposure to DevOps / CI-CD pipelines

Education
  • Bachelor's or Master's degree in Computer Science, Finance, Engineering, or related field

About the Company

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RAPS Consulting Inc