Application Development Lead, Margin and Risk, Vice President

Citi•Jersey City, NJ

About The Position

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.

Requirements

6-10 years of relevant experience in Apps Development role with hand on coding
Demonstrated thought leadership in designing complex and distrusted systems
In depth knowledge of Java, Spring, Kafka, Distributed Cache/Systems (e.g. Apache Ignite)
Hands on experience on relational databases like Oracle
Great exposure to microservices architecture. API first design thinking and implementation using Rest, websocket and gRPC
Experience with building applications on cloud platform such as Docker, Kubernetes or OpenShift
Proven implementation of design pattern 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 multi-task and prioritize tasks effectively.
Strong organizational and project management skills
Understanding of Risks (Greeks), risk calculation models like VaR/SIMM preferred and ability to work with Quant team is preferred.
Bachelor's degree in Computer Science, Mathematics or equivalent; master's degree in preferred

Nice To Haves

Any experience with NoSQL databases like MongoDB is preferred
Experience with Python is preferred
UI tech stack knowledge will be advantage

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.

Benefits

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
For additional information regarding Citi employee benefits, please visit citibenefits.com.
Available offerings may vary by jurisdiction, job level, and date of hire.

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