Sr. Core Java Developer with Market Risk (26-01126) -

Job Title

Sr. Core Java Developer with Market Risk

Location

New York, NY and Jersey City, NJ and Connecticut (Hybrid)

Duration

Contract

Job Description

• We are seeking an experienced Senior Core Java Developer with strong Market Risk domain expertise to support technology delivery for the FRTB (Fundamental Review of the Trading Book) regulatory program within an investment banking or capital markets environment.
• The ideal candidate will have hands-on experience developing enterprise Java applications, distributed data processing solutions, and large-scale risk-data pipelines.

Key Responsibilities

• Design, develop, and maintain enterprise applications using Core Java.
• Build and optimize data processing pipelines for market risk calculations and regulatory reporting.
• Develop distributed data processing solutions using Apache Spark.
• Implement data validation, aggregation, and transformation logic for large-scale risk datasets.
• Work with risk-data platforms and existing market risk technology systems.
• Support regulatory controls, data quality, and FRTB compliance initiatives.
• Collaborate with business, technology, and risk teams to deliver scalable solutions.

Required Skills

• Strong hands-on experience in Core Java development.
• Experience with Apache Spark for distributed data processing and large-scale data transformations.
• Prior experience in Market Risk technology within investment banking or capital markets.
• Experience with Snowflake or Databricks for data engineering, SQL transformations, and analytical workloads.
• Strong understanding of enterprise application development, APIs, business logic, and system integration.

Preferred Skills

• Python for data analysis, automation, validation scripts, and testing.
• Experience with FRTB regulatory programs and risk-data processing.
• Knowledge of market risk calculations, data aggregation, and regulatory controls.