Market Data Engineer

Market Data Engineer at RAPS Consulting Inc Market Data Engineer at RAPS Consulting Inc in Newark, New Jersey Posted in about 23 hours ago.

Type:

full-time

Job Description:

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 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) 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