At a Glance
- Tasks: Lead the development of innovative algo trading strategies and execution platforms.
- Company: Join J.P. Morgan, a global leader in financial services.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Why this job: Make a real impact in a fast-paced environment with cutting-edge technology.
- Qualifications: Expertise in algo trading and software engineering required.
- Other info: Dynamic team with a focus on diversity and inclusion.
The predicted salary is between 72000 - 108000 £ per year.
If you are looking for a game-changing career, working for one of the world's leading financial institutions, you've come to the right place. As a Principal Software Engineer at JPMorgan Chase within the Electronic Client Services Algo execution team, your mission is to direct the evolution of our offering and the creation of next-level solutions that improve on existing workflows and also drive business expansion. The success of our product and our market-leading position means that it is a high-paced environment with direct exposure to the desk. Based in London, you will work closely with the global algo trading technology team and directly interface with business leadership in the ECS. Your leadership, technical expertise, and problem-solving skills will directly influence business outcomes, priorities, and address a broad range of business growth opportunities using diverse technologies and applications. You will have responsibility over the entire product ranging from development and delivery to supporting the trading desk.
The EMEA Electronic Client Services (ECS) Algo execution team has the critical role of implementing the low-touch automated execution strategies in the cash equities space. This role offers an exciting opportunity to work in algorithmic execution strategies in a market-leading environment that constantly innovates and strives for excellence. As a member of our global team, you will work with all stakeholders in the space: desk, quantitative research, and traders. We are responsible for implementing all aspects of automated trading algorithms, including the implementation of new strategies/behaviors, new quantitative models, and for the introduction/use of trading signals.
Job responsibilities
- Directs, designs, reviews, and develops algo trading strategies and execution platforms
- Enhances existing strategies to improve performance
- Develops and supports a continuous integration and continuous deployment strategy
- Develops and maintains automated testing and simulations
- Develops scalable real-time processing solutions using agile methodologies
Required qualifications, capabilities, and skills
- Formal training or certification on Algo trading Software Engineering concepts and expert applied experience.
- Advanced experience leading technologists to manage, anticipate and solve complex technical items within your domain of expertise
- BS/BA/BEng and MSc degree or equivalent experience
- Knowledge of equities trading in global markets
- Proven experience in low latency, real-time, scalable trading systems, specifically in algo strategies, and electronic trading
- Strong knowledge and experience in FIX, Market Data, Analytics and OMS
- Expert in core Java
- Experience in building/dealing with high throughput messaging APIs, middleware products and low latency market data feed handlers
- Proficiency in KDB+/Q for analytics
Preferred qualifications, capabilities, and skills
- Technical knowledge of Python, shell scripts in Linux/Unix environment will be considered favourably
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 diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
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.
Principal Software Engineer - Algo Trading employer: J.P. Morgan
Contact Detail:
J.P. Morgan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Software Engineer - Algo Trading
✨Tip Number 1
Network like a pro! Reach out to folks in the algo trading space, especially those at JPMorganChase. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Show off your skills! If you’ve got a portfolio of projects or contributions to open-source algo trading tools, make sure to highlight them. We want to see what you can do beyond the CV!
✨Tip Number 3
Prepare for technical interviews by brushing up on your core Java and algo strategies. Practice coding challenges and be ready to discuss your thought process. We love seeing how you tackle problems!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Principal Software Engineer - Algo Trading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Software Engineer role. Highlight your experience in algo trading and software engineering, and don’t forget to mention any relevant projects or technologies you've worked with that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about algorithmic trading and how your skills can contribute to our team. Be sure to reference specific aspects of the job description to show you’ve done your homework.
Showcase Your Technical Skills: Since this role requires strong technical expertise, make sure to highlight your proficiency in core Java, FIX, and any other relevant technologies. If you have experience with KDB+/Q or Python, definitely include that too!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s straightforward, and you’ll be able to track your application status easily. Plus, we love seeing candidates who take the initiative to apply directly!
How to prepare for a job interview at J.P. Morgan
✨Know Your Algorithms
Brush up on your knowledge of algorithmic trading strategies and execution platforms. Be ready to discuss specific examples of how you've directed or developed algo strategies in the past, as this will show your expertise and relevance to the role.
✨Showcase Your Technical Skills
Prepare to demonstrate your proficiency in core Java and any experience with KDB+/Q. Bring examples of projects where you built high throughput messaging APIs or worked with low latency market data feeds, as these are crucial for the position.
✨Understand the Business Context
Familiarise yourself with the current trends in equities trading and how they impact algo execution. Being able to discuss how your technical solutions can drive business outcomes will impress the interviewers and show that you understand the bigger picture.
✨Engage with Stakeholders
Since this role involves interfacing with various stakeholders, prepare to talk about your experience working with traders, quantitative researchers, and business leadership. Highlight your communication skills and how you've successfully collaborated in a team environment.