At a Glance
- Tasks: Develop and maintain cutting-edge credit risk applications using Python and C++.
- Company: Join Citi, a leading global bank with a focus on innovation.
- Benefits: Enjoy 27 days annual leave, competitive salary, and hybrid work options.
- Other info: Dynamic team environment with opportunities for professional growth and learning.
- Why this job: Make a real impact in financial technology while collaborating with top talent.
- Qualifications: Expertise in Python, strong analytical skills, and experience in software development.
The predicted salary is between 80000 - 100000 € per year.
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:
- 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.
Nice to Have:
- 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.
What we’ll provide you:
- 27 days annual leave.
Python Counterparty Credit Risk Senior Developer, Vice President in London employer: Citibank (Switzerland) AG
Citi is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Python Counterparty Credit Risk Senior Developer, you'll benefit from a culture that prioritises professional growth, with access to cutting-edge technology and opportunities to work alongside industry experts. With generous annual leave and a commitment to employee well-being, Citi fosters a supportive atmosphere that empowers you to excel in your career while making a meaningful impact in financial risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Python Counterparty Credit Risk Senior Developer, Vice President in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and tech sectors. Attend meetups or webinars related to credit risk and Python development. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Create a GitHub repository showcasing your Python projects, especially those related to credit risk or derivatives. This gives potential employers a taste of what you can do and sets you apart from the crowd.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and problem-solving skills. Practice coding challenges that focus on Python and C++. We recommend using platforms like LeetCode or HackerRank to get in the zone.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that dream role!
We think you need these skills to ace Python Counterparty Credit Risk Senior Developer, Vice President in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Python Counterparty Credit Risk Senior Developer. Highlight your experience with Python, C++, and any relevant projects that showcase your skills in developing credit risk applications.
Showcase Your Projects:Include specific examples of projects you've worked on that relate to derivatives pricing and risk. We want to see how you've applied your analytical skills and technical knowledge in real-world scenarios.
Be Clear and Concise:When writing your cover letter, be clear and concise about why you're a great fit for this role. Use straightforward language to explain your experience and how it aligns with the responsibilities outlined in the job description.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the position. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Citibank (Switzerland) AG
✨Know Your Python Inside Out
As a Python Counterparty Credit Risk Senior Developer, you need to demonstrate your expertise in Python. Brush up on writing clean, efficient code and be ready to discuss your previous projects. Prepare to explain how you've optimised performance in past applications.
✨Familiarise Yourself with CI/CD Practices
Since the role involves supporting and improving CI/CD processes, make sure you understand the tools like GIT and Jenkins. Be prepared to discuss your experience with build, testing, and release management, and how you've contributed to these processes in your previous roles.
✨Showcase Your Analytical Skills
This position requires outstanding analytical and problem-solving skills. Prepare examples of complex problems you've tackled in the past, particularly those related to credit risk or derivatives pricing. Highlight your approach to impact analysis and how you ensure accuracy in your work.
✨Communicate Effectively
Excellent verbal and written communication is key for this role. Practice explaining technical concepts clearly and concisely, as you'll need to interface with various teams. Be ready to discuss how you've collaborated with Front Office teams or coached junior developers in the past.
