Software Engineer [Multiple Positions Available]

JPMorgan Chase & Co.•Jersey City, NJ

5h•Onsite

About The Position

Duties: Develop consistent and opinionated architecture for generating cross-line of Business (LOB) Intraday Risk, End-of-Day (EOD) Risk, and Profit and Loss (PnL) reports. Design and implement a cross-LOB risk aggregation and pivoting framework such as Synergy to provide efficient real time presentation of risk views to client applications. Coordinate with the global development team and participate in application development, including gathering requirements, specification, project planning, and release management of RiskPivot and Flashing to support Risk and Pnl Management and real-time reporting requirements. Work closely with both Line of Business Quantitative Research (LOB QR) and Quantitative Risk Analytics and Architecture (QRAA) teams to integrate strategic Financial Network risk models into Vita for both Risk and PnL. Facilitate the Athena adoption program for Credit intraday risk. Engage and commit to cross-LOB migration to RAPPS as the solution for real-time risk aggregation and presentation of risk views to client interfaces. Oversee Intraday Risk to ensure real-time monitoring and mitigation of potential financial exposures, implementing and executing risk pivoting strategies to adapt to changing market conditions and optimize risk management processes. Enhance and support Front Office Supervision and Prudential Regulation Authority to enable supervisors to monitor trading risk throughout the day through risk limits and intraday alerts.

Requirements

Master's degree in Computer Science, Applied Computer Science, Engineering, or related field of study plus 3 years (36 months) of experience in the job offered or as Software Engineer, Applications Developer, IT Consultant, Java Developer, or related occupation. The employer will alternatively accept a Bachelor's degree in Computer Science, Applied Computer Science, Engineering, or related field of study plus 5 years (60 months) of experience in the job offered or as Software Engineer, Applications Developer, IT Consultant, Java Developer, or related occupation.
Experience utilizing risk methodologies used by credit trading desk including Credit Value Adjustment (CVA) and stress testing to effectively assess and manage credit risk exposure ensuring compliance with regulatory requirements and optimizing risk-adjusted returns
Experience utilizing risk sensitives used by credit trading desk such as Delta, Gamma, Vega, or credit spread sensitivities, to accurately measure and manage the impact of market movements on credit portfolios
Experience building large scale distributed systems for real-time and end of day risk generation
Experience utilizing advanced computing frameworks and technologies including Realtime data streaming based on in- memory cache and queue based framework, distributed parallel computing technologies, microservices driven load balances architecture with sustained resiliency capability to ensure high availability, scalability, and performance, enabling timely and accurate risk assessment and reporting across diverse financial instruments and portfolios
Experience utilizing fixed income markets with credit products, including corporate bonds, credit default swaps (CDS), CDS indices, structured loan, ETF, Bond credits and loans
Experience working closely with front office teams and quantitative research departments to enhance and update risk applications, integrating advanced quantitative models and aligning risk tools with business objectives
Experience investigating pricing and risk anomalies in real-time and end-of-day risk reports working collaboratively with cross-functional teams to enhance the effectiveness of risk reporting processes
Experience developing technology solutions to support complex risk and pricing models
Experience utilizing derivatives analytics encompassing Mark-to-Market valuation, CR01 and CSW10 (credit spread widening measures), 5-year equivalent calculations, and Default Exposure to zero and Recovery analysis
Experience conducting detailed Profit & Loss explanations providing insights into the financial performance and risk exposure of derivative portfolios.

Responsibilities

Develop consistent and opinionated architecture for generating cross-line of Business (LOB) Intraday Risk, End-of-Day (EOD) Risk, and Profit and Loss (PnL) reports.
Design and implement a cross-LOB risk aggregation and pivoting framework such as Synergy to provide efficient real time presentation of risk views to client applications.
Coordinate with the global development team and participate in application development, including gathering requirements, specification, project planning, and release management of RiskPivot and Flashing to support Risk and Pnl Management and real-time reporting requirements.
Work closely with both Line of Business Quantitative Research (LOB QR) and Quantitative Risk Analytics and Architecture (QRAA) teams to integrate strategic Financial Network risk models into Vita for both Risk and PnL.
Facilitate the Athena adoption program for Credit intraday risk.
Engage and commit to cross-LOB migration to RAPPS as the solution for real-time risk aggregation and presentation of risk views to client interfaces.
Oversee Intraday Risk to ensure real-time monitoring and mitigation of potential financial exposures, implementing and executing risk pivoting strategies to adapt to changing market conditions and optimize risk management processes.
Enhance and support Front Office Supervision and Prudential Regulation Authority to enable supervisors to monitor trading risk throughout the day through risk limits and intraday alerts.