Data Engineer (Market Data)

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