Junior Tech - Town of Florida - ICAP

Description

Overview

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and data distribution through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong and work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

About ICAP

ICAP, part of the TP ICAP group, provides a wide variety of execution and information services to wholesale market participants. We offer broking services covering a wide range of asset classes, including Commodities, Credit, Equities, FX, Money Market Funds and Rates. For each asset class, ICAP offers e-trading capability, giving clients the option to enter prices and execute trades directly via one of our hybrid electronic trading systems, or to engage with brokers who can identify and negotiate trades.

Role Overview

This graduate opportunity sits at the intersection of technology and trading within the ICAP Relative Value (ICRV) Fixed Income execution team. It is designed for a technology-driven analyst who wants to build and own the robust tools and data capabilities that power the desk, while gaining first-hand exposure to trade execution. The role operates on a 70/30 split: approximately 70% of your time will focus on technology, analytics, and tooling, while the remaining 30% provides a guided rotation into execution workflows. During this rotation, you will undertake a year-long training program and complete the necessary exams to become a fully registered broker. You will collaborate daily with international colleagues to drive the desk's performance.

The position emphasises designing and maintaining Excel-based applications, data pipelines, and analytics tools that drive the desk's decision-making, while supporting day-to-day trading operations. The right candidate is autonomous, detail-oriented, and comfortable with data. We are looking for someone motivated to learn how technology and execution intersect in fixed income markets, who possesses strong communication skills and the ability to work under pressure in a small team. This is an exciting opportunity to be part of a highly experienced team and would be perfect for somebody looking to start their career in Financial Services.

Development Programme

Phase 1 – Execution Learning & Training (Months 0–3):

• Build a practical foundation in the fixed income execution lifecycle, controls, and desk workflow— while completing licensing requirements.
• You will absorb the fundamentals of Fixed Income (Bonds, IR Futures, Options) and the relative value concepts that drive our business. Simultaneously, you will map out our technical infrastructure, learning how our tools ingest data and inform strategy.
• You will have the ability to navigate the desk's workflow and identify optimizations.

Phase 2 – Execution Rotation (Months 3–9):

• Apply Phase 1 learning in supervised production workflows, focusing on operational discipline and risk controls.
• A guided rotation into live execution workflows. You will perform supervised trade input, reconciliation, and quote support.
• You will use this user experience to re-engineer our tools, applying your first-hand trading experience to fix pain points in the technology stream.

Phase 3 – Data & Engineering Track (Months 9+):

• Learn and apply technology foundations to build scalable, reliable tools and data capabilities for the desk.
• With your exams complete and market knowledge secured, you will pivot to deeper data engineering.
• Leading initiatives in development, optimization, and exploring advanced languages (Python/VBA) to future-proof the desk's capabilities.

Workplace: On site in Florida, 5 days in-office

Role Responsibilities

Technology

• Design, build, and maintain robust Excel-based applications that power the desk's pricing, valuation, and risk management, utilizing advanced formulas, data models, and VBA.
• Architect reproducible workflows to ingest, clean, and validate market and trade data, ensuring the desk has access to accurate, real-time analytics for decision-making.
• Create and maintain a library of BPMN diagrams to visualise and document desk workflows, helping to map out current trading processes and new technical developments.
• Analyse daily workflows to identify manual inefficiencies and build automated tools to speed up these processes.
• Assist in integrating desk-specific tools with the team's core trading systems, helping to maintain data feeds, spec connections, and test feature changes.

Trade Execution

• Ensure timely input of trades into trading systems.
• Resolve trade queries and discrepancies in a timely manner.
• Identify trade opportunities and calculate strategies.
• Keep trade records up to date.
• Give live quotes to traders through messaging systems.
• Monitor markets and follow financial news and developments.
• Liaise with clients, via telephone and face to face, to provide a reliable and efficient broking service.
• Fulfil additional / ad hoc duties as required to meet the needs of the business.

Experience / Competencies

Essential

• Educated to a degree level – ideally with a technology based or highly numerical/analytical degree, with elements of finance.
• Demonstrable passion for data with the ability to interpret complex quantitative information and explain it to non-technical audiences.
• Software development skills – any programming language, any environment; ability to produce scripts, macros, etc valuable.
• Advanced Microsoft Excel skills (formulas, lookups, pivot tables, data modelling; VBA essential).
• Foundational understanding of global financial markets and fixed income concepts (government bonds, interest rate products; equity exposure beneficial).
• Clear, concise written and verbal communication; able to document processes and collaborate within a small, high performing team.
• Excellent attention to detail, disciplined approach to data validation, and commitment to operational risk controls.
• Comfortable working to deadlines in a fast-paced environment; calm under pressure.

Desired

• Additional language skills (verbal and written).
• Solid understanding in statistics
• Prior experience supporting front office trading desks or execution workflows.
• Exposure to Python and/VBA is beneficial; SQL familiarity helpful. R experience is also a plus.
• Solid understanding of AI models provided by marque brands.

Role Band & Level

• Professional, 5

Annual Salary

• $65,000 - $70,000

Along with a competitive salary, you'll have the opportunity to earn a performance bonus aligned with business and personal results. Employees in this position are eligible for quarterly performance bonuses based on achievement of key performance indicators. Alongside a competitive salary, you'll have the chance to earn a performance bonus tied to measurable results.

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. Our Talent Acquisition team is here to assist you in recognizing how your unique skills and abilities can be a valuable contribution.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. TP ICAP Accord - our Employee Network - is central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

USA North Federal Highway Suite 307 - Boca Raton, FL