At a Glance
- Tasks: Develop innovative software solutions for Counterparty Credit Risk and Capital Management.
- Company: Join Citi's dynamic Risk and Capital Technology Team.
- Benefits: Enjoy competitive salary, health benefits, and opportunities for remote work.
- Other info: Collaborative environment with strong career growth potential.
- Why this job: Make a real impact in finance while working with cutting-edge technologies.
- Qualifications: STEM degree required; experience in software development and risk management is a plus.
The predicted salary is between 60000 - 80000 £ per year.
The Risk and Capital Technology Team is responsible for delivering Counterparty Credit Risk and Capital Management software solutions to Citi's Credit Risk and Finance organizations, which manage Citi's exposure to financial institutions, governments and corporates that trade with Citi, and their respective Regulatory Capital calculations. The team builds and maintains software used to compute various 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 Potential Future Exposure (PFE), Settlement Risk, Exposure at Default (EAD) and Risk Weighted Assets (RWA).
Responsibilities
- Partner closely with Citi's Counterparty Credit Risk user community which includes Risk management, Sales and Trading, Capital Optimization and Finance Regulatory reporting groups to help shape Technology requirements and deliver robust capabilities for Risk and Capital functions.
- Provide strong hands-on engineering leadership driving key architectural decisions and implementing foundational frameworks that can be leveraged by the exposure processing teams.
- Ensure solutions implemented by the team adhere to the appropriate architectural and design patterns in the systems.
- Utilize in-depth knowledge of technical and business domain concepts and procedures within own area and basic knowledge of other areas to resolve issues.
- Influence and negotiate with senior technical leaders from partner teams of software engineers, dev-ops and production support staff to deliver robust software solutions.
- Appropriately assess risk when technical and business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behavior, 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.
- Extensive experience working in a capital markets vertical demonstrating a solid understanding of the business or function.
- Solid understanding of Derivatives products across any asset class - Equities, Rates, FX, Credit or Commodities.
- Experience with Risk - either Front Office or Enterprise Risk including Counterparty Credit Risk or Market Risk is an advantage.
Technical Skills
- Java Core with extensive hands-on experience with concurrent programming.
- Spring Framework including Core, Integration and Batch.
- Distributed Caching frameworks such as Gemfire, Oracle Coherence 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.
Qualifications & Education
- Graduate in a STEM (Science, Technology, Engineering and Mathematics) discipline.
- Master's degree an advantage.
Competencies
- Strong leadership.
- Ability to persuade and influence others through excellent communication and diplomacy skills.
Analyst Developer in City of Westminster employer: Citigroup, Inc.
Citi is an exceptional employer for Analyst Developers, offering a dynamic work environment that fosters innovation and collaboration within the Risk and Capital Technology Team. Employees benefit from extensive growth opportunities, access to cutting-edge technologies, and a culture that prioritises ethical practices and compliance, all while working in a vibrant financial hub. With a commitment to professional development and a focus on impactful projects, Citi provides a rewarding career path for those looking to make a difference in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Analyst Developer in City of Westminster
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We think you need these skills to ace Analyst Developer in City of Westminster
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citigroup, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Citigroup, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Citigroup, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citigroup, Inc..
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✨Show Your Passion for Finance
Since this is a full-time position, employers at Citigroup, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Citigroup, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
