Senior Backend Python Developer

Job Title: Senior Backend Python Developer Duration: 18 Month W2 Contract Location: Jersey City | NYC Required Pay Scale: $60-$70/hour Senior Backend Python Developer – Global Markets SurveillancePosition OverviewWe are seeking a Senior Backend Python Developer to support a high-profile Global Markets Supervisory and Surveillance program within a major financial institution. The team is working on a large-scale Operational Excellence (OpEx) initiative, which represents approximately one-third of the organization’s funding for the year.

The primary focus will be the retirement of an existing vendor surveillance platform and the migration/consolidation of its functionality into an enterprise supervisory platform. This is a critical, high-visibility initiative spanning multiple lines of business , with significant backend development, frontend integration, alert generation, and business-user interaction.

The ideal candidate will have strong Python and REST API development experience , with a predominantly backend background and experience working with both relational and object-oriented/object databases.

Key Responsibilities

• Design, develop, and enhance backend applications and services using Python .
• Build and maintain REST APIs supporting global markets supervisory and surveillance capabilities.
• Contribute to the migration and consolidation of functionality from a legacy/vendor surveillance platform into a centralized supervisory platform.
• Develop functionality supporting alerts, surveillance workflows, monitoring, and supervisory processes .
• Work across multiple lines of business and collaborate closely with technology, product, compliance, risk, and business stakeholders.
• Support frontend teams by providing reliable backend services and APIs.
• Work with both relational and object-oriented/object databases .
• Participate in application enhancements, implementations, migrations, upgrades, and platform modernization initiatives.
• Investigate and resolve production issues and incoming support requests.
• Contribute to audit remediation and regulatory-related technology initiatives , including self-identified and audit-identified items.
• Translate business requirements into scalable technical solutions.
• Participate in code reviews, testing, troubleshooting, and continuous improvement.
• Work in an Agile/enterprise development environment and communicate effectively with technical and business teams.

Required Skills & ExperienceTop 3 Requirements

1. Python – Strong hands-on development experience.
2. REST APIs – Experience designing, developing, and integrating RESTful services.
3. Backend Development – Strong backend engineering experience with exposure to:
   • Relational databases
   • Object-oriented/object databases
   • API development and service-oriented architectures

Experience Level

• 6–15 years of professional software development experience .
• Strong experience taking ownership of backend development responsibilities and delivering enterprise-scale applications.
• Experience working on implementation, enhancement, migration, modernization, or upgrade projects.

Preferred / Nice-to-Have Experience

• Experience within the financial services or capital markets industry .
• Experience supporting Global Markets, Fixed Income, Risk, Pricing, Trading, or Surveillance applications.
• Understanding of financial-market workflows and business processes.
• Experience developing applications that generate, process, or manage business and regulatory alerts .
• Experience working with different business users and translating their requirements into technology solutions.
• Quartz experience is a plus but not required .
• Experience with large financial institutions, major technology organizations, FAANG/FANG companies , or well-known fintech organizations is desirable.

Project / Domain ExperienceCandidates with experience in any of the following areas are particularly relevant:

• Global Markets Surveillance
• Supervisory platforms
• Trade or transaction monitoring
• Fixed Income applications
• Risk applications
• Pricing applications
• Regulatory technology
• Alerting and monitoring platforms
• Platform migration/consolidation
• Legacy platform retirement
• Enterprise application modernization
• Audit remediation
• Regulatory …