Application Development Lead, Margin and Risk, Vice President
Citigroup
- Location
- Jersey City New Jersey United States
- Work model
- On-Site
- Level
- Staff
- Posted
- 1d ago
Skills
About this role
Equities Technology at Citi is undertaking a bold, multi‑year transformation to build a best‑in‑class global platform across execution, prime, clearing and cross‑product margining. We are re‑engineering our technology estate to achieve world‑leading performance and resiliency, enabling new capabilities in advanced execution, global market connectivity, and modernized post‑trade, clearing and margin processes. Our ambition is to deliver a seamlessly integrated, highly automated platform that drives outstanding client outcomes and accelerates growth across our global franchise. As part of the team, you’ll collaborate closely with high‑caliber engineers and deeply engaged business and product partners - working together to define and deliver the next generation of Equities technology at Citi. We’re currently looking for a high caliber professional to join our team as Application Development Lead, Margin and Risk, Vice President based in Jersey City, NJ USA. Candidate must have Margin and/or Risk experience. Cross Asset Margin technology teams actively develop and enhance a set of co-operative, strategic systems and services which are regulatory driven and have a direct bearing on how Citi Capital Markets manages risk arising from trading, including both market and counterparty credit risks. We are responsible for calculating margin requirements for OTC bilateral derivatives and optimizing margin requirements for clients by considering offsets across various financial products using models like VaR, SIMM and Credit Stress. We support traders, salespeople, risk managers, financial controllers and operations staff. The Lead Java Developer is a senior level position responsible for establishing and implementing new or revised application systems and programs in coordination with the Technology team. The overall objective of this role is to lead applications systems analysis, design and programming activities. This is a senior technical position responsible for accomplishing results through the management of a team to drive a variety of engineering activities including the design, acquisition and deployment of hardware, software and network infrastructure in coordination with the Technology team.
Responsibilities
Provide expertise in area and advanced knowledge of applications programming and ensure application design adheres to the overall architecture blueprint. Utilize advanced knowledge of system flow and develop standards for coding, testing, debugging, and implementation. Develop comprehensive knowledge of how areas of business, such as architecture and infrastructure, integrate to accomplish business goals. Guide team to establish design standard, improving efficiency of development workflow and product rollout. Take ownership of smooth Production releases planning and execution Oversee software quality and system modifications Serve as advisor or coach to mid-level developers and analysts, allocating work as necessary. Analyze existing operations to identify risks and redundancies Conduct comprehensive assessments to develop solutions Liaise with team members, management to ensure projects are completed to application development and governance standard Keep up-to-date with industry trends and developments Resolve variety of high impact problems/projects through in-depth evaluation of complex business processes, system processes, and industry standards Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications
6-10 years of relevant experience in Apps Development role with hand on coding Demonstrated thought leadership in designing