Full-Time

Senior Network Engineer

Hybrid Cloud Networking

Posted on 8/28/2024

Trumid

Trumid

201-500 employees

Electronic trading platform for corporate bonds

Compensation Overview

$200k - $230k/yr

Senior

Remote in USA

Category
Cybersecurity
Network Administration
IT & Security
Required Skills
TCP/IP
Computer Networking
Requirements
  • 7+ years of technical experience in building or managing large-scale data center and cloud services in network design, development, and automation.
  • Hands-on experience in BGP (Border Gateway Protocol), MPLS (Multi-Protocol Label Switching) VPN (Virtual Private Networks), Anycast routing, VLAN/Spanning Tree, TCP/IP (Transmission Control Protocol/Internet Protocol), DNS (Domain Name Services), network security, and virtualization core technologies.
  • Experience in designing and implementing secure network architectures.
  • Experience deploying and troubleshooting key cloud network technologies such as Express Route, Load Balancer, Application Load Balancers, and Firewall across multiple cloud platforms.
  • Experience managing routing policies for diverse and multiple providers, high-capacity IP transit, private peering, and public exchange point interconnections.
  • Proven experience in multi-cloud environments, with a deep understanding of the unique challenges and opportunities they present.
  • Strong project management skills with the ability to coordinate complex initiatives across teams and stakeholders.
  • A foundational understanding of software development practices, including knowledge of Infrastructure as Code (IaC) best practices.
Responsibilities
  • Architect, design, and operate on the hybrid networking platform, integrating both cloud and hardware (routers) in a multi-cloud environment.
  • Collaborate with internal and external teams, as well as industry partners, to ensure that customer and business requirements are met while upholding our Service Level Agreement (SLA).
  • Leverage and expand your expertise in large-scale networking across multiple cloud platforms, driving efforts to enhance the resilience, performance, and security of our networking solutions.
  • Develop reliable, scalable, and high-performance network designs and produce design documents and implementation plans for networking solutions across multiple cloud environments.
  • Propose modifications and improvements to network technologies based on existing and emerging industry knowledge to contribute to the design, implementation, and operation of reliable, scalable, and high-performance networks.
  • Analyze traffic patterns across complete network infrastructures, including multi-cloud environments, to identify needs to modify capacity.
  • Continuously review the network architecture to identify risks and determine improvements, as well as measures to ensure the highest network security across all cloud platforms.
  • Operate networking solutions with the highest quality bar and invest in developing and deploying robust automation tools that increase engineering efficiency, minimize operational burden, and reduce human errors, while optimizing the utilization of infrastructure and resources.
  • Define telemetry analytics and quality metrics to drive new data collection instrumentation that can improve the detection and troubleshooting of problems.
  • Troubleshoot and repair complex multi-layer incident issues.
  • Stay updated with industry trends and best practices in cloud networking, security, and automation.
  • Champion best practices for infrastructure as code and network automation, driving improvements in our overall networking strategy.

Trumid Financial LLC specializes in electronic trading of corporate bonds through its platform, Market Center 2.0. This platform connects various credit market participants, allowing them to trade corporate bonds directly and anonymously, which enhances the trading experience. Trumid primarily serves institutional clients like asset managers and hedge funds, providing them with liquidity, or the ability to buy and sell assets easily without impacting their prices. Unlike many competitors, Trumid's platform is designed to be user-friendly and efficient, addressing the challenges of a market often lacking in liquidity. The company generates revenue through transaction fees on trades and has introduced a data product that offers market insights, further improving the trading experience. Trumid has experienced significant growth, with a notable increase in daily trading activity and market share, positioning itself as a leader in the digitization of bond trading.

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$663.3M

Headquarters

New York City, New York

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Trumid's daily trade volumes nearly doubled over the past year.
  • The platform's user trading increased by 80% year-over-year.
  • Trumid's new data product provides an additional revenue stream.

What critics are saying

  • Increased competition from MarketAxess and Tradeweb could impact Trumid's market share.
  • Potential regulatory changes may impose additional compliance costs on Trumid.
  • Reliance on large institutional clients poses a risk if they shift to competitors.

What makes Trumid unique

  • Trumid's Market Center 2.0 offers direct, anonymous corporate bond trading.
  • The platform's new data product enhances market insights and client trading experience.
  • Trumid's focus on product design optimizes the credit trading experience.

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Benefits

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
PR Newswire
Mar 7th, 2025
Trumid Reports February Performance

Electronic bond trading platform announces monthly activityNEW YORK, March 7, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for February 2025.February Highlights:

PR Newswire
Feb 7th, 2025
Trumid Reports January Performance

Electronic bond trading platform announces monthly activityNEW YORK, Feb. 7, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for January 2025.January Highlights:

PR Newswire
Jan 10th, 2025
Trumid Reports December And Full Year 2024 Trading Highlights

Electronic bond trading platform announces monthly activity and year-end highlightsNEW YORK, Jan. 10, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for December 2024 and full year-ending December 31, 2024. Mike Sobel, Co-CEO President of Trumid said, "2024 was Trumid's best year yet. Platform activity surged, driven by engagement from our integrated network and client adoption of Trumid's full suite of trading protocols. A record $1.4 trillion of volume traded on Trumid in 2024, up 62% year-over-year, and representing material market share gain."

Crowdfund Insider
Apr 9th, 2024
Trumid, A Fixed Income Electronic Trading Platform, Reports Latest Performance

Trumid is reporting the latest March performance and Q1 2024 trading highlights.Trumid, an electronic bond trading platform, has shared its monthly and quarterly activity in a new blog post.Trumid, a financial technology company and fixed income electronic trading platform, reveals its latest trade volume and user participation highlights for March and Q1 2024.According to Trumid, the March Highlights are as follows:Reported average daily volume (ADV) of $5.5B, up 72% year-over-year.Overall market share up 43% year-over-year across U.S. high yield and investment grade corporate bonds.Pronounced high yield network activity continued with high yield ADV up 44% versus March 2023.Trumid PT and RFQ set new highs for traded volume and user engagement as a record number of counterparties traded each day in both protocols.51% more users traded daily on the platform compared to a year ago. Over 1,300 traders transacted on Trumid for the third consecutive month.Q1 2024 Highlights shared by Trumid:Record traded volume and user engagement translated into record overall market share in each of Trumid’s individual trading protocols and across all Trumid traded market segments – Investment Grade, High Yield, and Emerging Market bonds.Average daily volume was up 79% versus Q1 2023.A record number of unique users executed a trade across one or more of all Trumid protocols.Trumid PT markets its fifth consecutive quarter of sequential growth “with record traded volume, up around 90% quarter-over-quarter.”A record number of counterparties traded each day and over 300 PT lists traded in the quarter.Trumid RFQ reports its third consecutive quarter of sequential growth “with record traded volume, up nearly.”40% quarter-over-quarter. Over 500 users initiated “a Trumid RFQ in Q1 and over 600 users responded to an RFQ in Q1.”The daily average number of users trading in Trumid RFQ “has grown over 3x since the launch of Trumid Disclosed RFQ in May 2023.”Trumid Swarms and Trumid Attributed Trading (AT) posted “a record quarter for traded volumes and number of clients executing trades. Buyside participation drove growth, with the number of users trading up 43% year-over-year in AT and more than 130% in Swarms.”In the context of a busy new issue calendar, Trumid continued “to strengthen its new issue market share. Across both investment grade and high yield, Trumid accounted for a record average of 38% of all new issue secondary traded volume in the first two days of trading.”Trumid’s strong high yield momentum from 2023 “continued into the first quarter of 2024 with record user engagement driving high yield ADV and market share to record highs.”Trumid’s high yield ADV was “up 37% year-over-year and market share up 31% year-over-year

Crowdfund Insider
Feb 12th, 2024
Digital Bond Trading Platform Trumid Shares Latest Updates

Trumid recently reported its January performance.The electronic bond trading platform announced “record” monthly activity.Trumid, a financial technology company and fixed income electronic trading platform, reports record trade volume and user participation highlights for January 2024.January Highlights shared by Trumid are as follows:Record reported average daily volume (ADV) of $6.4B, up 90% year-over-year.Record overall market share, up 70% year-over-year.Record client engagement with 52% more users trading each day compared to a year ago.Over 1,300 traders transacted on Trumid in January.Trumid clients were more active than ever on the platform, as strong activity growth from the end of 2023 accelerated into 2024.Record volume and user engagement in “each of Trumid’s individual trading protocols and across all Trumid traded market segments – Investment Grade, High Yield, and Emerging Market bonds.”Trumid RFQ enjoyed its eighth consecutive month of sequential growth, “with traded volume up nearly 50% month-on-month.”As noted in the update, buyside engagement continues “to grow, with 150 buyside traders responding to Trumid RFQs in January alone. Over 1,100 unique users have executed an RFQ trade since launch.”Trumid PT had record trade volume and user engagement, “representing the growing use of PT for rebalancing, resetting positions, and taking profits.”Trumid Swarms and Trumid Attributed Trading (AT) enjoyed a record month “for traded volumes and number of clients executing trades.”Buyside participation drove growth, “with the number of users trading up 50% year-over-year in AT and more than 100% in Swarms.”Trumid continued to strengthen its new issue market share “with increased user participation and record average daily trading volumes.”Trumid accounted for “an average of 37% of new issue secondary traded volume in the first two days of trading.”Trumid saw pronounced activity “in high yield, particularly amid a busy calendar, with a record number of users finding valuable network liquidity in grey and new issue trading.”Trumid’s January high yield volume was up 23% year-over-year, “despite overall high yield market volume and electronic high yield volume remaining relatively flat.”As covered, Trumid is a financial technology company and fixed income electronic trading platform focused “on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds.”Trumid optimizes the credit trading experience “by combining agile technology and market expertise, with a focus on product design.”The result is a differentiated ecosystem of protocols and trading solutions “delivered within one intuitive platform.”Trumid Financial LLC is regulated by the SEC and is a member of FINRA and SIPC

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