Full-Time Head of Market Data
BHFT is hiring a remote Full-Time Head of Market Data. The career level for this job opening is Expert and is accepting Dubai, United Arab Emirates based applicants remotely. Read complete job description before applying.
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Role OverviewWe are seeking a visionary and technically skilled Head of Market Data to lead the design, development, and evolution of our market data infrastructure. This individual will play a pivotal role in shaping our data architecture, ensuring the seamless acquisition, storage, and accessibility of high-quality historical market data for trading and research teams.
The ideal candidate is both a strategic leader and a hands-on expert, with deep knowledge of L1-3 exchange data and the ability to architect fast, scalable, and high-performance data solutions.
Job Description
- Strategic Leadership
- Define the vision and strategy for the company’s market data systems, ensuring alignment with trading and research objectives.
- Lead, mentor, and grow a high-performing market data engineering team.
- Data Platform Architecture
- Architect high-performance, scalable data platforms and lakes capable of managing large-scale historical market data, including data normalization and storage optimization.
- Develop solutions for efficient user APIs, ensuring seamless access to data for backtesting, research, and analytics.
- Historical Data Management
- Oversee the design and maintenance of systems for acquiring, cleansing, and storing historical market data from exchanges, brokers, and data vendors.
- Implement robust processes for data validation, normalization, and versioning to ensure accuracy and integrity.
- Ensure the reconciliation of data changes, including handling corrections to past data and adapting to changes in exchange formats.
- Collaboration and Stakeholder Engagement
- Partner closely with quantitative researchers, traders, and other stakeholders to understand data requirements and optimize systems for strategy development and backtesting.
- Establish strong relationships with market data providers, ensuring robust integrations and consistent data availability.
- Ensure market data solutions support exchange-traded options, cash equities, and futures, optimizing systems for these asset classes’ unique data requirements.
- Operational Excellence
- Drive the scalability and performance of data systems to accommodate growing data volumes and evolving organizational needs.
- Optimize data storage costs while maintaining high levels of performance and reliability.
- Ensure compliance with regulatory requirements and support data retention and reporting audits.
Required Skills and Experience:
- Proven leadership experience in managing and developing market data systems.
- Hands-on expertise with L1-3 exchange data, including addressing challenges such as cleansing and normalization.
- Strong programming skills in Python and Go, or Rust.
- Deep knowledge of market data formats and APIs.
- Expertise in distributed data systems and ETL processes.
- Advanced proficiency in SQL.
- Extensive experience with Linux/Unix systems.
- Bachelor’s degree in Computer Science, Engineering, or a related field.
Preferred Qualifications:
- Experience working with unstructured datasets and alternate data sources.
- Proficiency with cloud storage platforms and cost-performance optimization.
- Familiarity with data governance and compliance standards.
- Knowledge of containerization and orchestration tools.
- Exposure to machine learning workflows.