Counterparty Credit Risk Developer, Assistant Vice President

Citigroup Inc.; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A leading global financial institution is seeking a Counterparty Credit Risk Developer to join their Financial Risk Technology team in London. This role involves developing applications for derivatives credit risk calculations and collaborating with various internal teams. Candidates should have strong Python programming skills, experience in systems analysis, and a Master's degree in a relevant field. The position offers a hybrid working model and a competitive salary with excellent benefits.

Benefits

Generous holiday allowance starting at 27 days plus bank holidays

Discretional annual performance-related bonus

Private medical insurance packages

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees, family, and friends

Access to learning and development resources

Qualifications

• Experience in programming and systems analysis is essential.
• Familiarity with CI/CD technologies and version control is required.
• Excellent verbal and written English skills are necessary.

Responsibilities

• Develop and maintain Counterparty Credit Risk applications.
• Support and improve CI/CD processes.
• Contribute to codebase optimization and documentation.

Skills

Python

Systems Analysis

Analytical Skills

Problem Solving

Collaboration

Education

Masters Degree in Computer Science, Mathematics, Engineering or Physics

Tools

Git

Jenkins

UNIX Shell Scripting

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in application development, python programming & systems analysis to Citi's Financial, Risk & Market Technology team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Counterparty Credit Risk Analytics is a group within Citi Financial Risk Technology, responsible for developing the applications used for derivatives credit risk and exposure calculations Firm-wide.

The Counterparty Credit Risk Developer is an intermediate level position responsible for participation in the development and advancement of the derivatives credit risk application.

Core objectives will include developing and maintaining the applications calculating Counterparty Credit Risk metrics. Additional objectives will include the contribution towards application execution analysis reports, monitoring and optimization of the application build and the enhancement of the end-to-end calculation test suite.

This is an excellent opportunity to gain exposure to a wide range of advanced technology paradigms like high performance grid computing. It will provide significant opportunities to collaborate with teams in the broader internal network including Front Office Technology, Risk and Quant groups, to ensure integration of new technology features and quant library updates into the codebase.

What you'll do

Responsibilities:

• 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).
• 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.
• Working on documentation.
• Working with Front Office Quant and Technology teams to integrate model updates and technological enhancements into the application.
• 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 judgement.
• Serving as advisor or coach to new or lower-level analysts.
• Exercising independence of judgement and autonomy.
• Acting as SME to senior stakeholders and /or other team members.

What we'll need from you

• Demonstrative experience of programming in Python.
• Experience in systems analysis and programming of software applications.
• Familiarity of UNIX shell scripting (bash, ksh etc).
• Proficiency with version control software like Git.
• Experience in CI/CD pipeline technologies like Jenkins.
• Outstanding analytical and problem-solving skills.
• Thorough and detailed approach to accuracy is essential.
• Excellent verbal and written English.
• Ability to collaborate well working within a large team of developers.
• Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements.
• Ability to take ownership and proactively follow up on issues.
• Masters Degree or equivalent in Computer Science. Mathematics, Engineering or Physics

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

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Job Family Group:

Technology

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Job Family:

Applications Development

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Time Type:

Full time

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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.

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