Overview
Remote
On Site
USD 142,320.00 - 213,480.00 per year
Full Time
Skills
FOCUS
Development Testing
Risk Management
Distributed Computing
Release Management
Credit Risk
Workflow
Test Suites
Regression Analysis
Impact Analysis
Testing
Optimization
Documentation
Front Office
Quantitative Analysis
Evaluation
Business Process
Python
Analytics
Pricing
Microsoft Windows
Linux
Scripting
Unix
Shell
Korn Shell
Bash
DevOps
Software Development Methodology
Continuous Integration
Continuous Delivery
Git
Jenkins
Analytical Skill
Conflict Resolution
Problem Solving
English
C++
Equities
Commodities
FX
Derivatives
Basel
Stress Testing
Finance
Statistics
Numerical Analysis
Monte Carlo Method
Probability
Calculus
Computer Science
Mathematics
Physics
Application Development
Insurance
Law
Accessibility
Job Details
The Analytical Calculation Engine (ACE) Development Team is a group within Citi Financial Risk Technology, responsible for developing and implementing the applications used for derivatives credit risk and exposure calculations Firm-wide.
The team's primary focus is the development, testing, deployment, and maintenance of the production derivatives credit risk application, used for internal risk management and regulatory capital purposes.
The Counterparty Credit Risk Senior Application Developer position is a senior role that will interface closely with Quant and Front Office technology teams to integrate pricing models and workflow enhancements within the ACE application. There will be exposure to a wide range of technological frameworks, including distributed computing architecture.
The role will involve tasks such as:
Qualifications:
Advantage:
Education:
Master's degree or equivalent in computer science, mathematics, engineering or physics.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Job Family Group:
Technology
Job Family:
Applications Development
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$142,320.00 - $213,480.00
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.
Anticipated Posting Close Date:
May 02, 2025
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.
The team's primary focus is the development, testing, deployment, and maintenance of the production derivatives credit risk application, used for internal risk management and regulatory capital purposes.
The Counterparty Credit Risk Senior Application Developer position is a senior role that will interface closely with Quant and Front Office technology teams to integrate pricing models and workflow enhancements within the ACE application. There will be exposure to a wide range of technological frameworks, including distributed computing architecture.
The role will involve tasks such as:
- Developing and maintaining the Counterparty Credit Risk applications, leveraging in-house Python and C++ model libraries.
- Supporting and improving CI/CD (build, testing and release management) of the credit risk application.
- Contributing to the codebase to optimize performance and consolidate the workflow across asset classes.
- Extending existing test suites, including unit, regression, and integration tests. Performance and memory profiling. Assisting in the execution of impact analysis testing runs.
- Identifying and developing calculation optimization improvements
- Working on documentation.
- Working with Front Office teams to integrate quant library/technology enhancements into the codebase.
- Utilizing in-depth specialty knowledge of applications development to analyze complex problems/issues, provide evaluation of business process, system process, and industry standards, and make evaluative judgements.
- Serving as advisor or coach to new or lower-level developers.
- Exercising independence of judgement and autonomy.
- Acting as SME to senior stakeholders and /or other team members.
Qualifications:
- Expert in Python
- Ability to write clean, tested highly efficient code.
- Proven track record of developing and supporting analytics library for derivatives pricing and risk.
- Experience developing software for Windows and Linux.
- Good command of scripting using UNIX Shell (ksh, bash, etc).
- Experience working collaboratively within development teams.
- DevOps experience, deep understanding of SDLC and CI/CD (GIT, Jenkins preferable).
- Outstanding analytical and problem-solving skills.
- Thorough and detailed approach to accuracy are essential.
- Ability to follow procedures and operate within strict guidelines.
- Excellent verbal and written English.
- Ability to take ownership and proactively follow up on issues.
- Ability to work in a team and to work well under pressure.
Advantage:
- Good knowledge in C++.
- In-depth knowledge of Rates, Credit, Equities, Commodities, FX derivatives.
- Experience working on Regulatory based projects such as Model Risk, Basel, Stress Testing, FRTB, CCAR is an advantage.
- Solid mathematical finance and statistical analysis skills.
- Familiarity with Numerical analysis/Monte-Carlo methods.
- Knowledge of probability and stochastic calculus.
Education:
Master's degree or equivalent in computer science, mathematics, engineering or physics.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Job Family Group:
Technology
Job Family:
Applications Development
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$142,320.00 - $213,480.00
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.
Anticipated Posting Close Date:
May 02, 2025
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.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.