Margin Java Tech Lead, Senior Vice President

Citi • Jersey City, NJ

9d • $176,720 - $265,080

About The Position

The Margin Java Tech Lead is a senior-level position responsible for establishing and implementing new or revised application system designs and programs in coordination with the Technology team. The role leads application systems analysis, design, and programming activities, and manages a team carrying out engineering work involving the design, acquisition, and deployment of hardware, software, and network infrastructure.

Cross Asset Risk & Margin technology teams develop and enhance strategic, regulation-driven systems and services that affect how Citi Capital Markets manages trading risks, including market and counterparty credit risks. The team calculates margin requirements for OTC bilateral derivatives and optimizes client margin requirements by considering offsets across financial products using models such as VaR, SIMM, and Credit Stress. Its systems support traders, salespeople, risk managers, financial controllers, and operations staff.

Requirements

• At least 8 years of relevant experience in an Applications Development role, including hands-on coding.
• Domain knowledge of OTC margining.
• Understanding of risks (Greeks) and risk calculation models such as VaR and SIMM, and ability to work with the Quant team on risk model integration.
• Demonstrated thought leadership in designing complex distributed systems.
• In-depth knowledge of Java, Spring, Kafka, and distributed cache/systems such as Apache Ignite.
• Hands-on experience developing code using Copilot or similar tools.
• Hands-on experience with relational databases such as Oracle.
• Extensive exposure to microservices architecture.
• API-first design and implementation experience using REST, WebSocket, and gRPC.
• Experience building applications on cloud platforms using technologies such as Docker, Kubernetes, or OpenShift.
• Proven implementation of design patterns and enterprise-level architecture.
• Strong analytical, troubleshooting, and problem-solving skills.
• Excellent verbal and written communication skills.
• Ability to work independently and as part of a team.
• Ability to multitask and prioritize tasks effectively.
• Strong organizational and project management skills.
• Completed bachelor’s degree in Computer Science, Mathematics, or equivalent.

Nice To Haves

• A master’s degree is preferred.
• Knowledge of UI technology stacks.
• Experience designing and developing ML/GenAI solutions.
• Repo and TBA Margining knowledge.

Responsibilities

• Provide expertise in application design and architecture, programming, and ensure application designs adhere to the overall architecture blueprint.
• Use advanced knowledge of system flows and develop standards for coding, testing, debugging, and implementation.
• Develop comprehensive knowledge of how business areas, including architecture and infrastructure, integrate to accomplish business goals.
• Guide the team in establishing design standards that improve development workflow efficiency and product rollout.
• Take ownership of planning and executing smooth production releases.
• Oversee software quality and system modifications.
• Advise or coach mid-level developers and analysts, allocating work as necessary.
• Analyze existing operations to identify risks and redundancies.
• Conduct comprehensive assessments and develop solutions.
• Liaise with team members and management to ensure projects meet application development and governance standards.
• Keep up to date with industry trends and developments.
• Resolve high-impact problems and projects through in-depth evaluation of complex business processes, system processes, and industry standards.
• Assess risk in business decisions; support compliance with applicable laws, rules, and regulations; adhere to policy and sound ethical judgment; and escalate, manage, and report control issues transparently.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including planned vacation, unplanned sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior