IB Tech – Credit Derivatives — Senior Developer — VP — Based in New York recruitment
J.P. Morgan's focus on being the world's most successful financial services institution starts with Technology - the driving force that gives us our leading edge.
Ongoing $billion investment in the firm's technological future means that by joining J.P. Morgan, you'll have a front-row seat to product innovation, and work on complex solutions to the most difficult financial problems.
The teamInvestment Bank Markets Technology provides end to end technology solutions for the firm's Investment Banking, Sales Trading and Risk Management business areas.
Pyramid is a strategic platform for processing and risk managing derivatives in the Investment Bank.
It is used by Credit Hybrids, Equity Derivatives, Commodity Exotics and Interest Rate Hybrids businesses globally.
The trade processing suite is responsible for trade capture, event position management, and feeds to downstream systems such as accounting and legal documentation.
Products range from high volume listed products to highly complex over-the-counter structured derivatives.
The platform uses a range of technologies including Java, C#/.net, C , and Sybase/SQL on Windows and Linux platforms.
This is an opportunity to join an award winning technology team with strong business sponsorship to deliver revenue enhancing technology and industry wide transformation.
The roleHands on lead engineer to build out derivatives trade management functionality for the Credit Derivatives flow business and to execute the migration of a large flow business onto the platform. The candidate will face the business sponsors and drive the transformation of the platform to deliver their agenda. The build-out of the credit flow business is a very high profile project with requirement for strong drive and commitment in a focused, self contained team.
Key Responsibilities
Understand business requirements
Deliver business functionality on the platform (booking service , data structures , downstream).
Partner with Technology and Operations groups during Onboarding of flow business.
Ensure solutions conform to best practice design principals and meet capacity and resilience as well as functional requirements.
Agree test strategy and co-ordinate test execution with business users.
Take ownership for resolution of any production issues post implementation.
Liaise with global Project Managers on end-to-end delivery.
Report progress to senior management. Good communication skills will be paramount.
Qualifications
RequirementsWe are looking for a highly talented and driven technologist who has a track record of delivering outstanding solutions in an investment bank or other fast-paced industry where first class solutions are the norm.
Essential skills
Typically 5-10 years hands-on experience and expert on Java server side.
Track record of working on distributed systems and service-oriented architecture with complex system interactions.
Experience working in a large scale complex end to end trading platform.
Strong understanding of credit derivatives economics (CDS , index swaps) and end to end processing (credit events , novations , allocations , successor events...)
Strong experience on Java messaging FIX / FPML
Relational database experience and SQL.
Experience of JMS and AMQ
Strong skills on OO design patterns
Strong communication and team-working skills.
Computer science background with an intellectual rigour.
Proven track record of ownership and delivery.
Desirable skills
Credit Derivatives product knowledge: flow, exotics hybrids.
Experience and working knowledge of JUnit, Maven, Tomcat, C#.
Agile development techniques
EducationTo degree level, ideally in a computer science, mathematical or engineering discipline
JPMorgan offers an exceptional benefits program and a highly competitive compensation package.JPMorgan is an Equal Opportunity Employer.