Sr. Python Developer with Market Risk Experience - JPMC

PRI Global

$120K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Python development with a focus on market risk
  • Strong background in linear algebra, statistics, and time series analysis
  • Proficient in quantitative analytics and risk calculation methodologies
  • Experience with implementing analytics in risk engines for valuation and risk measures
  • Understanding of equity and fixed income products, including derivatives and portfolio analysis

Responsibilities

  • Conduct simulations to assess product performance under various conditions
  • Evaluate performance metrics like load capacity and stability based on simulations
  • Identify design optimization opportunities through simulation data analysis
  • Generate detailed reports and technical justifications from simulation findings
  • Collaborate with engineering teams to integrate simulation results into designs
  • Ensure compliance with industry standards and regulations

Benefits

  • Support for continuous learning and professional development
  • Collaborative work environment with interdisciplinary teamwork
  • Access to advanced simulation software and technologies
  • Opportunities to work on innovative engineering challenges
  • Engagement in high-stakes financial product analysis
Full Job Description
Job Title: Sr. Python Developer with Market Risk Experience

Location: New York City, NY/ Jersey City, NJ - 4 Days onsite role

Job Description:
• Knowledge: Linear Algebra, statistics, and time series analysis
• Technical: Proficient in Quants, Python, Analytics
• Experience implementing analytics in risk/calc engine to generate valuation, return and 1st order risk measures.
• Good understanding of equity and fixed income products, Exchange traded derivates, portfolio analysis, fund accounting, and NAV calculation.

Key Responsibilities:
• Simulation and Analysis: Conducting simulations using specialized software to analyze product behavior under different conditions.
• Performance Evaluation: Assessing factors like load capacity, stability, and material resilience based on simulation results.
• Design Optimization: Identifying areas for improvement in product design by analyzing simulation data and suggesting modifications.
• Report Generation: Preparing detailed reports, calculations, and technical justifications based on simulation results.
• Collaboration: Working closely with other engineering disciplines (e.g., mechanical, civil, process) to integrate simulation results into the overall design process.
• Compliance: Ensuring calculations and analyses adhere to relevant industry standards and codes.
• Tools and Technologies:
• Simulation Software: Often utilizes specialized software like CAESAR II, Pipestress, or similar tools for specific engineering domains.
• CAD/CAE: May use computer-aided design (CAD) and computer-aided engineering (CAE) software for modeling and analysis.
• Programming: May involve programming skills (e.g., Python) for scripting and automating calculations.
• In essence, Calculation Engineers bridge the gap between theoretical design and practical application by using computational methods to predict and optimize the performance of engineered systems.

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