IB Tech – Credit Trading Strategies – Developer – VP – NY recruitment
J.P. Morgan is a leader in financial services, offering innovative and intelligent solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years and we keep their interests foremost in our minds at all times. This combination of product strength, intellectual capital and character sets us apart as an industry leader. J.P. Morgan is part of JPMorgan Chase Co. (NYSE: JPM), a global financial services firm with assets of $2.0 trillion.
The teamThe Credit Analytics Trading Strategies (STRATS) team are a highly-skilled desk aligned team of quantitative developers responsible for a comprehensive suite of pre-trade analytical tools used by the Credit Trading business globally. This extensive suite covers theoretical pricing, real time risk, PnL predict, scenario analysis, credit event exposure and relative value analysis. Products covers include corporate bonds, single name CDS, index CDS index CDS options.
The RoleThe role requires an experienced self-starter with deep technical knowledge, superb business understanding and excellent communication skills who is comfortable working directly with credit trading desk on a daily basis in a high pressure, challenging and dynamic working environment.
Key Responsibilitieso
Develop new applications enrich existing applications with minimal supervision in an environment where requirements are often pithy, time to market is critical and comprising on quality or longevity are not an option.o
Build strong relationships founded on trust, integrity delivery with our partners on the trading desk, research, QR, market risk, operations technology.o
Porting of legacy analytical tools into JPM's next generation strategic analytics platform called Athena using Python JPM's proprietary credit analytics libraries.o
Manage multiple high profile deliveries simultaneously with the decisiveness to switch focus instantly as market events dictate.o
Lead by example by guiding junior members through can do attitude, best practice demonstration, sharing business knowledge debating technical solutions.
Qualifications
o
In-depth understanding of credit derivatives cash bonds; how they are priced, how why they are traded, how why risk is measured managed. Knowledge of other asset classes may be considered if knowledge is deemed to be suitably transferable.o
5 years in a trading floor environment delivering outstanding technical solutions facilitating tangible
revenue generation.o
Exposure of working in a dynamic demanding trading floor environment requiring daily interaction with traders.o
Superb organizational skills, decisive priority management, strong teamwork ethic,
excellent verbal written communication skills, ability to think locally execute globallyo
A keen interest in the financial markets with an awareness of sentiments major market eventso
Experience of building on top of analytics libraries for pricing risk management.o
Deep understanding of Excel/VBA, C#, Java, SQL Server, Python ( PERL or Ruby etc also considered )o
Ability to own the entire software development cycle from requirements gathering right through to eventual release subsequent support.
Education:BS and/ or MS in Computer Science, Math or engineering discipline or equivalent
JPMorgan Chase
Co. offers an exceptional benefits program and a highly competitive compensation package.JPMorgan Chase Co.
is an Equal Opportunity and Affirmative Action Employer, M/F/D/V