1. A method of load balanced data processing performed on an application message transmitted between compute nodes of a parallel computer, the method comprising: identifying, by an origin compute node, an application message for transmission to a target compute node, the message to be processed by a data processing operation; determining, by the origin compute node, origin sub-operations used to carry out a portion of the data processing operation on the origin compute node; determining, by the origin compute node, target sub-operations used to carry out a remaining portion of the data processing operation on the target compute node; processing, by the origin compute node, the message using the origin sub-operations; and transmitting, by the origin compute node, the processed message to the target compute node for processing using the target sub-operations.