Margin Java Tech Lead, Senior Vice President

Posted Yesterday
Be an Early Applicant
2 Locations
Hybrid
177K-265K Annually
Senior level
Financial Services
The Role
Leads development of strategic margin and cross-asset risk systems for OTC derivatives. Designs Java applications and distributed microservices, integrates VaR, SIMM, and credit stress models, oversees production releases, ensures software quality and architecture compliance, and mentors developers. Collaborates with quantitative, risk, trading, operations, and technology teams while managing complex engineering initiatives, regulatory requirements, and risk controls.
Summary Generated by Built In

We’re currently looking for a high caliber professional to join our team as Margin Java Tech Lead – SVP – C14 based in Jersey City or Tampa.

Cross Asset Risk & Margin technology teams actively develop and enhance a set of 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 Margin Java Tech Lead is a senior level position responsible for establishing and implementing new or revised application system design 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 design/architecture, 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:

  • 8+ years of relevant experience in Apps Development role with hand on coding
  • Must have domain knowledge of OTC Margining
  • Understanding of Risks (Greeks), risk calculation models like VaR/SIMM and ability to work with Quant team on risk model integration
  • Demonstrated thought leadership in designing complex and distrusted systems
  • In depth knowledge of Java, Spring, Kafka, Distributed Cache/Systems (e.g. Apache Ignite)
  • Hads on experience with developing code using Co-pilot or similar tools
  • 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
  • UI tech stack knowledge will be an advantage
  • Experience with designing and developing ML/GenAI solutions will be an advantage
  • Repo & TBA Margining Knowledge will be an advantage


Education:

• A completed Bachelor’s in Computer Science, Mathematics or equivalent.

• A Master’s degree in preferred


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Job Family Group: Technology

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Job Family:Applications Development

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Time Type:Full time

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Primary Location:Jersey City New Jersey United States

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Primary Location Full Time Salary Range:$176,720.00 - $265,080.00


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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Most Relevant Skills Please see the requirements listed above.

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Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

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Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.


Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.


Illinois residents – AI Notice and Right

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.

Skills Required

  • 8+ years of relevant applications development experience with hands-on coding
  • Domain knowledge of OTC margining
  • Understanding of Greeks, VaR, SIMM, and risk calculation models, with ability to integrate risk models with quantitative teams
  • Thought leadership designing complex distributed systems
  • In-depth knowledge of Java, Spring, Kafka, and distributed cache or systems such as Apache Ignite
  • Hands-on experience developing code using GitHub Copilot or similar tools
  • Hands-on experience with relational databases such as Oracle
  • Experience with microservices architecture
  • API-first design and implementation using REST, WebSocket, and gRPC
  • Experience building applications on Docker, Kubernetes, or OpenShift
  • Experience implementing design patterns and enterprise-level architecture
  • Strong analytical, troubleshooting, and problem-solving skills
  • Excellent verbal and written communication skills
  • Ability to work independently and collaboratively
  • Ability to multitask and prioritize effectively
  • Strong organizational and project management skills
  • Bachelor's degree in Computer Science, Mathematics, or equivalent
  • Master's degree
  • UI technology stack knowledge
  • Experience designing and developing ML or Generative AI solutions
  • Repo and TBA margining knowledge
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The Company
HQ: New York, NY
226,610 Employees
Year Founded: 1998

What We Do

Citigroup is a global diversified financial services holding company serving consumers, corporations, governments and institutions. It provides consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. Operating across nearly 160 countries and jurisdictions, Citi aims to be a leading partner for institutions with cross-border needs, a global wealth manager, and a valued personal bank in the United States.

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