Team Background
The Derivatives Credit Risk Technology Team is responsible for delivering Counterparty Credit Risk Management software solutions to Citi’s Risk organization which manages Citi’s exposure to financial institutions, governments and corporates that trade with Citi. The team builds and maintains software used to compute metrics that help mitigate Citi’s exposure to counterparty default. The solutions include consumption of trades, collateral, market data, counterparty and security reference data from over 50 sources, and the computation of optimal margin allocation for portfolios and trades, haircut for security and cash collateral, trade and collateral liquidity, collateral concentration levels and wrong way risk, amongst others that feed into the computation of Pre-Settlement Risk (PSE), Settlement Risk, Exposure at Default (EAD) and Risk Weighted Assets (RWA).
Responsibilities:
- Deliver advanced technology projects as an individual contributor providing expertise in the full software development lifecycle, from concept and design, development, to testing and deployment. Opportunities available to expand responsibilities to a team leadership position based on leadership potential and performance.
- Provide technical leadership on projects implemented by the wider team of Software Engineers/Analyst Developers using advanced knowledge of application development. Ensure application design adheres to the appropriate architectural and design patterns in the systems.
- Utilize advanced knowledge of engineering process and develop standards for coding, testing, debugging and productionization.
- Collaborate effectively with a large global team of software engineers, business analysts, dev-ops and support staff to deliver software solutions for the business.
- Advance the derivatives exposure processing software infrastructure by continuously adopting new technologies where appropriate to solve business problems while adhering to Citi’s architectural guidelines. Build bespoke solutions where necessary to perform risk and capital exposure impact analysis on data sets comprising millions of records.
- Serve as advisor or coach to mid-level/junior developers and analysts, helping build the overall engineering capabilities of the team.
- Appropriately assess risk when decisions are made, demonstrating particular 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Ideal background
- Core Java experience developing robust, scalable, and maintainable applications applying Object Oriented Design principles.
- Experience working in the Capital Markets domain. Good understanding of Derivatives and Risk management is as significant advantage.
- Experience with Agile software development processes with a strong emphasis on test driven development.
- Understanding of Java internals such as class loading and memory management.
- Demonstrated capacity to build sophisticated tooling for development and production team use.
- Good to have
- Experience re-engineering large monolithic applications to microservices.
- Experience re-engineering complex franchise critical applications to new platforms.
Qualifications:
- Java Core with extensive hands-on experience with concurrent programming.
- Spring Framework including Core, Integration, Batch, JDBC, Hibernate.
- Distributed Caching frameworks such as Gemfire, Oracle Coherence, Redis or equivalent.
- Cloud computing technologies with practical experience working with containers, microservices and large datasets (Docker, Kubernetes).
- Databases - RDBMS preferably Oracle, NoSQL preferably MongoDB.
- Familiarity with Linux environment including scripting skills.
- SDLC/Dev Ops - Git/BitBucket, CI/CD pipeline frameworks such as Jenkins, SonarQube, JIRA, Any secure coding toolkits.
Education:
- Bachelor’s degree/University degree or equivalent experience
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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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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