We are looking for a Software Development Manager to serve as the overall engineering leader for Derivatives. This is a senior, hands-on technical leadership role — responsible for driving the engineering architecture, technical direction, and delivery of derivatives capabilities across the platform. This role sits at the intersection of software engineering and derivatives domain expertise, covering trade lifecycle management, valuation/pricing, and downstream processing across FX, Interest Rate, Credit, Equity, and Commodity derivatives. You will architect and build systems that are correct, auditable, and performant at scale, working closely with quants, traders, operations, and risk teams.

Key Responsibilities

• Design and build scalable, resilient systems for derivatives trade capture, lifecycle event processing (resets, fixings, exercises, novations, terminations, amendments), and downstream settlement/confirmation workflows.
• Own architecture decisions for pricing and valuation services, including integration with pricing libraries/models and market data feeds for FX, IR, Credit,



Equity, and Commodity derivatives.
• Build and maintain data models and event-driven pipelines that support accurate position keeping, P&L;, and risk reporting across the trade lifecycle.
• Partner with quant and risk teams to translate valuation and pricing logic into robust, testable, production-grade code.
• Drive engineering best practices: system design reviews, code quality, test automation, observability, and performance tuning for high-throughput, low-latency workflows.
• Collaborate with operations and business stakeholders to understand STP requirements, exception handling, and reconciliation needs across the trade lifecycle.
• Mentor engineers, contribute to technical roadmap decisions, and raise the bar on engineering rigor across the team.
• Contribute to hedge accounting workflows where applicable, including effectiveness testing support.

Qualifications

Technical

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📌 Software Development Manager (Mumbai)
🏢 Clearwater Analytics
📍 Mumbai