Application Development Lead, Margin and Risk, Vice President

Job ID: 93413504096Posted: 2026-07-27Location: Jersey City, New Jersey, United StatesSalary: $142,320.00 - $213,480.00Category: Technology, Applications Development, ProfessionalCompany: CitiEquities Technology at Citi is undertaking a bold, multi‑year transformation to build a best‑in‑class global platform across execution, prime, clearing and cross‑product margining. We are re‑engineering our technology estate to achieve world‑leading performance and resiliency, enabling new capabilities in advanced execution, global market connectivity, and modernized post‑trade, clearing and margin processes. Our ambition is to deliver a seamlessly integrated, highly automated platform that drives outstanding client outcomes and accelerates growth across our global franchise. As part of the team, you’ll collaborate closely with high‑caliber engineers and deeply engaged business and product partners - working together to define and deliver the next generation of Equities technology at Citi.We’re currently looking for a high caliber professional to join our team as Application Development Lead, Margin and Risk, Vice President based in Jersey City, NJ USA. Candidate must have Margin and/or Risk experience.Cross Asset Margin technology teams actively develop and enhance a set of co-operative, strategic systems and services which are regulatory driven and have a direct bearing on how Citi Capital Markets manages risk arising from trading, including both market and counterparty credit risks. We are responsible for calculating margin requirements for OTC bilateral derivatives and optimizing margin requirements for clients by considering offsets across various financial products using models like VaR, SIMM and Credit Stress. We support traders, salespeople, risk managers, financial controllers and operations staff.The Lead 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, design and programming activities. This is a senior technical position responsible for accomplishing results through the management of a team to drive a variety of engineering activities including the design, acquisition and deployment of hardware, software and network infrastructure in coordination with the Technology team.Responsibilities:Provide expertise in area and advanced knowledge of applications programming and ensure application design adheres to the overall architecture blueprint.Utilize advanced knowledge of system flow and develop standards for coding, testing, debugging, and implementation.Develop comprehensive knowledge of how areas of business, such as architecture and infrastructure, integrate to accomplish business goals.Guide team to establish design standard, improving efficiency of development workflow and product rollout.Take ownership of smooth Production releases planning and executionOversee software quality and system modificationsServe as advisor or coach to mid-level developers and analysts, allocating work as necessary.Analyze existing operations to identify risks and redundanciesConduct comprehensive assessments to develop solutionsLiaise with team members, management to ensure projects are completed to application development and governance standardKeep up-to-date with industry trends and developmentsResolve variety of high impact problems/projects through in-depth evaluation of complex business processes, system processes, and industry standardsAppropriately assess risk when business decisions are made, demonstrating 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:6-10 years of relevant experience in Apps Development role with hand on codingDemonstrated thought leadership in designing complex and distrusted systemsIn depth knowledge of Java, Spring, Kafka, Distributed Cache/Systems (e.g. Apache Ignite)Hands on experience on relational databases like OracleAny experience with NoSQL databases like MongoDB is preferredExperience with Python is preferredGreat exposure to microservices architecture.API first design thinking and implementation using Rest, websocket and gRPCExperience with building applications on cloud platform such as Docker, Kubernetes or OpenShiftProven implementation of design pattern and enterprise level architectureStrong analytical, troubleshooting and problem-solving skillsExcellent verbal and written communication skillsAble to work independently and as part of a teamAble to multi-task and prioritize tasks effectively.Strong organizational and project management skillsUI tech stack knowledge will be advantageUnderstanding of Risks (Greeks), risk calculation models like VaR/SIMM preferred and ability to work with Quant team is preferred.Education:Bachelor's degree in Computer Science, Mathematics or equivalent; master's degree in preferred------------------------------------------------------Job Family Group: Technology------------------------------------------------------Job Family:Applications Development------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Jersey City New Jersey United States------------------------------------------------------Primary Location Full Time Salary Range:$142,320.00 - $213,480.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Most Relevant Skills Please see the requirements listed above.------------------------------------------------------Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------Anticipated Posting Close Date:Aug 27, 2026------------------------------------------------------Automated Processing and AIWe use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.Illinois residents – AI Notice and Right------------------------------------------------------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.