At a Glance
- Tasks: Lead a team to develop innovative credit risk hedge decision systems.
- Company: Join a leading financial institution with a focus on technology and innovation.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on collaboration and continuous improvement.
- Why this job: Make a real impact in finance by driving cutting-edge technology solutions.
- Qualifications: Proven leadership in software development and strong expertise in financial markets.
The predicted salary is between 70000 - 90000 £ per year.
Treasury and FP&A Technology is seeking a highly accomplished and experienced Senior Engineering Manager to lead the Loan Portfolio Mitigation Application (IRIS). The successful candidate will lead a team of software developers, overseeing the design, development, and implementation of sophisticated credit risk hedge decision systems. This leadership role requires a deep understanding of financial markets, quantitative methodologies, robust software engineering principles, and proven management capabilities to drive strategic initiatives in trading, risk management, and hedging.
This is a senior technology leadership role that demands deep technical mastery, sharp business acumen, and a proven track record of architecting and delivering complex, enterprise-grade solutions at scale. The ideal candidate is a practitioner‑leader who does not just direct from the sidelines, but actively engages in technical design, architectural decision‑making, and hands‑on development. You will serve as the definitive technology authority for IRIS, owning end‑to‑end solutioning from requirements through to production, while simultaneously driving multiple high‑performing Agile Scrum teams with pace and precision.
A strong grounding in financial engineering is essential — the IRIS platform is, at its core, a sophisticated financial engineering system, encompassing Credit Default Swap (CDS), Collateralized Loan Obligation (CLO), and balance sheet hedging strategies. The successful candidate will be expected to engage fluently with quantitative finance concepts, understand the mathematical and regulatory underpinnings of loan portfolio mitigation, and translate complex financial models into robust, scalable technology solutions. Your ability to communicate with clarity across both technical and non‑technical audiences will be as critical as your engineering depth.
Responsibilities
- Leadership & Team Management: Lead, mentor, and manage a team of software developers, fostering a culture of technical excellence, collaboration, and continuous improvement.
- Strategic Oversight: Define and drive the technical strategy and roadmap for software development, aligning with business objectives and market developments. Exercise strategic influence over delivery execution, resource allocation, and budget planning while ensuring predictable outcomes.
- Cross‑Functional Collaboration: Collaborate extensively with senior traders, risk managers, product managers, and other quantitative analytics teams to understand complex business requirements and deliver innovative solutions.
- Governance and Control: Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure appropriate governance and control infrastructure.
- Software Engineering Excellence: Ensure the adoption of best practices in software engineering, including robust architecture, efficient coding standards, and scalable system design. Drive engineering excellence by setting expectations around clean code practices, testing strategies, design principles, and system resiliency. Champion the responsible adoption of Copilot, Devin, and other AI assisted development tools to enhance developer efficiency and experience.
- System Integration & Performance: Direct the integration of quantitative libraries and models into critical front‑office trading and risk management systems, ensuring high performance, reliability, and scalability.
- Research & Innovation: Drive research into new quantitative techniques, market trends, regulatory changes, and application of Artificial Intelligence (AI) in software engineering, ensuring the team remains at the forefront of quantitative finance.
Influence and negotiate with senior leaders across functions, as well as communicate with external parties as necessary. Appropriately assess risk when business 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Recommended Qualifications
- Progressive experience in quantitative development or quantitative analysis within a financial institution, with a significant portion in leadership or management capacity.
- Strong focus on rates and credit products is essential.
- Strong expertise in providing technical solutions and architectures for complex business problems, identifying the benefits and risks of the solutions, and providing customer‑centric design recommendations.
- 5+ years of experience in senior leadership roles.
- Deep, hands‑on expertise in Java and the Spring Boot framework.
- Expert‑level proficiency in Python.
- Strong understanding of RESTful API design, microservices architecture, distributed systems, and service decomposition patterns.
- Strong proficiency in SQL and relational database design, with hands‑on experience in Microsoft SQL Server or equivalent enterprise RDBMS.
- Familiarity with financial data modelling concepts — particularly loan portfolios, balance sheet structures, credit default swaps (CDS), and regulatory reporting schemas.
- Proficiency with Lightspeed pipeline frameworks or equivalent Kubernetes‑native CI/CD tooling.
- Exposure to Continuous Integration and Continuous Delivery (CI/CD) pipelines, either on premises or public clouds (e.g. Jenkins).
- Strong working knowledge of OpenShift (or Kubernetes) for container orchestration, pod management, build configuration, and on‑premises deployment patterns.
- Experience managing Git‑based SCM at an enterprise scale, including branching strategies, code review governance, and repository management.
- Proven ability to lead, motivate, and develop high‑performing engineering teams.
- Experience in project management, resource allocation, and strategic planning.
- Strong understanding of Agile methodologies and frameworks (e.g., Scrum, SAFe) and working in Agile teams.
- Proficiency with Jira for backlog management, sprint planning, and delivery tracking at scale.
- Exceptional analytical and problem‑solving skills, with the ability to translate complex financial challenges into robust quantitative and technical solutions.
- Excellent written and verbal communication skills, capable of articulating complex technical and quantitative concepts to both technical and non‑technical stakeholders, including senior management.
Education
- Bachelors/Masters in a quantitative field such as Financial Engineering, Mathematics, Physics, Computer Science, or equivalent.
- Professional Certifications (AI, OpenShift, Agile, Architecture) – Advantageous.
- Deep understanding of fixed income markets, interest rate derivatives (swaps, bonds, and loans), and interest rate curves.
- Extensive knowledge of credit products including Collateralized Loan Obligations (CLOs), Credit Default Swaps (CDS) and credit risk modelling (e.g., default probability and recovery rates).
- Strong foundation in numerical methods and statistical analysis.
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.
Senior Engineering Manager, SVP in London employer: Citi
Citi is an exceptional employer that fosters a culture of innovation and collaboration, particularly in the dynamic field of financial technology. As a Senior Engineering Manager, you will not only lead a talented team but also have access to extensive professional development opportunities, cutting-edge resources, and a commitment to diversity and inclusion. Located in a vibrant financial hub, Citi offers a stimulating work environment where your contributions directly impact strategic initiatives in trading and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Engineering Manager, SVP in London
✨Join Local Tech Meetups
Get out there and mingle with fellow developers by joining local tech meetups. It’s a fantastic way to meet people who might be working at Citi or know someone who does. Plus, you can pick up some trendy tech skills and trends while you're at it!
✨Contribute to Open Source Projects
Show off your coding chops by jumping into open-source projects. Not only does this give you practical experience, but it also gets you noticed in the dev community. You'll create a killer portfolio that speaks volumes about your skills to Citi.
✨Tap into Online Developer Communities
Don’t underestimate the power of online developer communities like GitHub, Stack Overflow, and even Reddit. Participate in discussions, share your projects, and build your visibility. We can often find opportunities through these channels that can lead to a full-time gig at companies like Citi.
✨Explore Job Boards Specifically for Tech Roles
Keep your eyes peeled on job boards that focus on tech roles. Sites like TechCareers or Stack Overflow Jobs can often have listings for companies like Citi that might not show up on broader job sites. Make it a habit to check these regularly, and don’t hesitate to apply directly through our website!
We think you need these skills to ace Senior Engineering Manager, SVP in London
Some tips for your application 🫡
Show off your coding skills:When applying for a software engineering role, it's super important to showcase your coding skills. Make sure your CV includes your tech stack, any relevant programming languages you’re comfortable with, and examples of projects you've worked on. If you have a GitHub profile, link it up! We love to see code in action.
Tailor your portfolio:For a full-time role, we’d expect to see some solid examples of your work in your portfolio. Make sure to include at least two or three projects that highlight your problem-solving skills and your ability to work with different technologies. Focus on the projects that are most relevant to the position at Citi.
Craft a killer cover letter:Your cover letter is your chance to stand out—make it personal! Explain why you want to work at Citi and how your skills align with the role. Show us your passion for software development. We dig enthusiastic candidates who understand the value of collaboration and continuous learning!
Be clear and concise:When it comes to writing your CV and cover letter, clarity is key. Avoid jargon that could confuse us and stick to simple, direct language. Highlight your achievements with quantifiable results where possible, and keep everything easy to read. A well-organised application goes a long way!
How to prepare for a job interview at Citi
✨Brush Up on Your Coding Skills
For a full-time software engineering role, it's crucial that we stay sharp with our coding abilities. Expect technical questions that might involve solving problems on the spot or discussing algorithms. Practise on platforms like LeetCode or HackerRank to get comfortable with the types of questions that often come up.
✨Know Your Tools and Frameworks
Make sure we’re well-acquainted with the tools and technologies listed in the job description. Familiarise ourselves with any specific frameworks or programming languages mentioned. If Citi uses React or Node.js, for instance, be ready to discuss how we’ve used them in previous projects or coursework.
✨Showcase Your Projects
Bring along a portfolio that highlights our best work. This could be code samples, GitHub repositories, or any side projects we’ve built. Make sure we can talk through our thought process for each project, especially the challenges we faced and how we solved them—this shows our problem-solving skills in action.
✨Prepare for Behavioural Questions
While technical skills are key, full-time positions also require cultural fit. Be ready to discuss our previous experiences and how we handle teamwork, conflict, and deadlines. Brush up on the STAR method—Situation, Task, Action, Result—to clearly articulate our past experiences when discussing how we've contributed to a team.