At a Glance
- Tasks: Lead software development for innovative credit risk management solutions.
- Company: Join Citi's dynamic Derivatives Credit Risk Technology Team.
- Benefits: Competitive salary, diverse work environment, and opportunities for growth.
- Other info: Collaborate globally and mentor junior developers in a supportive team.
- Why this job: Make a real impact in financial technology while advancing your career.
- Qualifications: Strong Java skills and experience in capital markets preferred.
The predicted salary is between 60000 - 80000 £ per year.
The Senior Java Developer is a senior level position responsible for establishing and implementing new or revised application systems and programs in coordination with the Technology team. The overall objective of this role is to lead applications systems analysis and programming activities.
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).
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Key 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.
- 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, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgement 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 a 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.
- Experience in Tableau or equivalent data analytics tool.
Skills
- 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/DevOps – Git/BitBucket, CI/CD pipeline frameworks such as Jenkins, SonarQube, JIRA, Any secure coding toolkits.
Education
- Bachelor's degree/University degree or equivalent experience.
- Master's degree preferred.
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.
Senior Java Developer - Credit Risk Technology, Vice President in London employer: Citi
Citi is an exceptional employer that fosters a dynamic and inclusive work culture, providing Senior Java Developers with the opportunity to lead innovative technology projects within the fast-paced environment of Credit Risk Technology. Employees benefit from comprehensive professional development programs, collaborative global teams, and the chance to work on cutting-edge solutions that directly impact risk management in the financial sector. With a commitment to diversity and equal opportunity, Citi ensures that all employees can thrive and grow in their careers while contributing to meaningful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Java Developer - Credit Risk Technology, Vice President 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
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We think you need these skills to ace Senior Java Developer - Credit Risk Technology, Vice President 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.