Margin Java Tech Lead, Senior Vice President

Description

You will join as Margin Java Tech Lead, a Senior Vice President role at grade C14, based in Jersey City or Tampa.

The Cross Asset Risk and Margin technology group builds and improves regulated systems that shape how the firm's capital markets business manages market and counterparty credit risk from trading.

The group calculates margin for over-the-counter bilateral derivatives and optimizes client margin by netting offsets across products, using VaR, SIMM and Credit Stress models. Its users include traders, salespeople, risk managers, financial controllers and operations staff.

This senior technical role leads application analysis, design and programming. You will manage a team across engineering work, including designing, sourcing and deploying hardware, software and network infrastructure in coordination with the Technology group.

Responsibilities

• Own application design and architecture, and make sure designs follow the overall architecture blueprint.
• Set standards for coding, testing, debugging and implementation, and raise development efficiency and rollout speed.
• Plan and run production releases from start to finish.
• Oversee software quality and system changes.
• Coach mid-level developers and analysts and assign their work.
• Examine current operations to find risks and duplication, then carry out assessments that lead to solutions.
• Coordinate with team members and management so projects meet application development and governance standards.
• Understand how business areas such as architecture and infrastructure work together to reach business goals.
• Resolve high-impact problems by thoroughly evaluating complex business processes, system processes and industry standards.
• Keep current with industry trends and developments.
• Weigh risk in business decisions with the firm's reputation in mind, follow laws, rules and policy, use sound ethical judgment, and report and escalate control issues openly.

Requirements

• At least 8 years of relevant applications development experience, including hands-on coding.
• Deep knowledge of OTC margining.
• Understanding of risk sensitivities (Greeks) and risk models such as VaR and SIMM, and the ability to work with the quant team on integrating risk models.
• Proven thought leadership in designing complex, distributed systems.
• In-depth knowledge of Java, Spring, Kafka and distributed caching or systems such as Apache Ignite.
• Hands-on experience writing code with Copilot or similar tools.
• Hands-on experience with relational databases such as Oracle.
• Substantial exposure to microservices architecture.
• API-first design and implementation using REST, WebSocket and gRPC.
• Experience building applications on cloud platforms such as Docker, Kubernetes or OpenShift.
• Proven record of implementing design patterns and enterprise-level architecture.
• Strong analytical, troubleshooting and problem-solving skills.
• Excellent verbal and written communication skills.
• Able to work independently and as part of a team.
• Able to juggle multiple tasks and set priorities effectively.
• Strong organization and project management skills.
• Advantage: knowledge of UI technology stacks.
• Advantage: experience designing and developing ML or GenAI solutions.
• Advantage: knowledge of repo and TBA margining.
• Completed bachelor's degree in computer science, mathematics or an equivalent field.
• Preferred: master's degree.

Conditions

Full-time position.

Primary location is Jersey City, New Jersey, United States, with the role also open in Tampa.

Salary range for the primary location is $176,720.00 to $265,080.00.

Eligible employees may receive discretionary and formulaic incentive and retention awards.

Automated tools, including AI, help match skills to roles, but people make all hiring decisions.

The company's equal employment opportunity policy applies.

Benefits

• Medical, dental and vision coverage.
• 401(k) plan.
• Life, accident and disability insurance.
• Wellness programs.
• Paid vacation, sick leave and holidays.
• Offerings may vary by jurisdiction, job level and date of hire.