Lead Software Engineer - Rates Risk

ZipRecruiter; England; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading financial services firm seeks a RAD Engineer to design and maintain risk management tools within the Rates division. The role requires expertise in Python and Excel, along with a solid understanding of interest rates trading. Candidates should be proactive problem solvers with strong communication skills, able to work effectively under pressure in a collaborative environment.

Qualifications

• Proficient advanced experience in financial markets concepts.
• Ability to adapt quickly to changing priorities and conditions.
• Experience working on a trading floor.

Responsibilities

• Design, create, and maintain Front Office risk management tools.
• Analyze technical and financial challenges and propose solutions.
• Work in the full development life cycle of RAD applications.

Skills

Python delivery experience

Excel delivery experience

Good communication

Creative problem solver

Time management

Education

Formal training in Financial markets

Job description

Job DescriptionJob Description

As a RAD Engineer at JPMorgan Chase within the Rates division, you will be contributing to the world's largest interest rate derivatives franchise. Your responsibilities will encompass the design, creation, and maintenance of Front Office risk and P&L management tools, which are primarily utilized by our Linear interest rates trading business. These tools are predominantly developed in Excel with Athena (Python), real-time Market data, and Quant library add-ins. As we transition towards more Athena-based logic, your Python scripting expertise will be crucial. In this fast-paced setting, your comprehension of interest rates trading and your responsible, analytical approach to programming will be instrumental in maintaining our market leadership.

Job responsibilities

• Sit with and facing off to numerous, often senior, traders, who cover the currencies of developed economies.
• Work in the full development life cycle, i.e. requirements gathering, analysis, design, implementation, support of RAD application portfolio.
• Build relationships with Front Office users, Quant Researchers, other teams in Rates/Macro Technology, and Finance.
• Maintain and enhancing the RAD toolset.
• Analyze challenges facing the business, both technical and financial in scope, and requiring a thorough understanding of both aspects in order to propose the most appropriate solutions.
• Architect, engineer/develop, and maintain complex financial calculations and technical solutions for the business, and for partners in technology and quantitative research, for the toolkit which is used to risk manage, understand, and predict P&L on complex interest rate risk
• Act as part of the support rota, support and debug time-critical issues reported by our partners in the business, technology, or finance, then implement or propose solutions that ensure they do not resurface in the future.
• Work effectively as representative of immediate team, as part of ad hoc teams working on larger projects, covering changes to such things as regulatory requirements, risk management framework, and technical systems, to ensure the toolkit meets requirements.

Required qualifications, capabilities, and skills

• Formal training or certification on Financial markets knowledge concepts and proficient advanced experience
• Excel delivery experience
• Python delivery experience
• Adjusts quickly to changing priorities and conditions. Copes effectively with complexity and change. Learns technologies and patterns quickly.
• Good communication, relationship-building skills
• Creative problem solver
• Excellent time management
• Ability to work under pressure and to tight deadlines
• Self-starter
• Flexible, conscientious, professional, enthusiastic

qualifications, capabilities and skills

• Interest Rates Derivative knowledge
• Risk and P&L knowledge
• Experience working on trading floor

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on and at our company. We do not discriminate on the basis of any protected attribute, including , , , , , , , expression, , marital or veteran status, or , or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' practices and beliefs, as well as mental health or physical needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.