Securities Services - Senior FX Quantitative Engineer for Risk as a Service - Vice President

JP Morgan

Location: Greater London

Job Type: Full time

Posted


About J.P. Morgan Corporate & Investment Bank

J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $30 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Securities Services

Securities Services, a division of J.P. Morgan’s Corporate Investment Bank, is a global industry leader with $30 trillion in assets under custody. J.P. Morgan provides innovative custody, fund accounting, and administration services to the world's largest institutional investors, alternative asset managers, and debt and equity issuers. J.P. Morgan's Securities Services business comprises Custody, Accounting, Transfer Agency, Trading Services, Middle Office outsourcing, Foreign Exchange, and other activities related to servicing assets for traditional and alternative funds. It leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk, and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services investments around the world.

The Opportunity:

As a quant developer in the Risk as a Service team the successful applicant will join a leading, entrepreneurial and collegial team that is responsible for the development of innovative pricing, risk and trade management tools across all asset classes and financial instruments.

This is an exciting position for a talented and energetic quant engineer who thrives on new challenges, possesses true entrepreneurial spirit and enjoys working in a fast-paced, client-facing environment.

You will:

  • Work on some of the most complex problems imaginable at the intersection of two dynamic industries: finance and technology
  • Be part of a new business initiative within JPM that will create a significant revenue stream for the firm and influence the commercialization and go-to-market strategy of the service
  • Partner closely with our clients (hedge funds, private banks, asset managers) to understand their needs in order to shape the product roadmap
  • Interact with other high-performing teams within JPM to inspire innovation and champion change throughout the bank

Responsibilities:

The candidate will partner with our Product Managers, UX, Sales, Trading, Quantitative Research, Strategy and Clients in delivering the Product. Responsibilities include the following:

  • Drive client acquisition efforts by explaining how Risk as a Service solves clients' risk management problems as well as explaining valuation and risk behavior
  • Adopt, improve, extend, document and support valuation and risk models used by different internal lines of business to be suitable for consumption by external customers
  • Implement and support external control frameworks around valuation and risk

Candidate Capabilities:

This role requires a wide variety of strengths and capabilities, including:

  • Degree in Engineering or Mathematics or equivalent experience
  • Excellent analytical and problem-solving abilities
  • Prior experience in standard risk and valuation models (either front office or model validation) FX asset class
  • Strong collaborative team player with excellent written and oral communication skills
  • Dedication to team effort – “whatever it takes” multi-tasking and perseverance with cross-functional partners
  • Passion for user-centric design
  • Quick learner with strong attention to detail
  • Experience with modern software engineering practices: code review, test-driven development, continuous integration, agile methodologies
  • Ability to collaborate with high-performing teams and individuals throughout the firm to accomplish common goals
  • Proficiency in Python
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