Citi · 7 hours ago
Senior Python / Counterparty Credit Risk Senior Application Developer - VP
New York New York United States
Full-time
Hybrid
Senior Level
$142K/yr - $213K/yrCiti is a leading global bank, and they are seeking a Senior Python / Counterparty Credit Risk Senior Application Developer to join their Analytical Calculation Engine Development Team. The role involves developing and maintaining applications for derivatives credit risk and exposure calculations, interfacing closely with Quant and Front Office technology teams to enhance the ACE application.
BankingFinanceFinancial Services
Responsibilities
Developing and maintaining the Counterparty Credit Risk applications, leveraging in-house Python and C++ model libraries
Supporting transition to cloud
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 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
Qualification
Required
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
Bachelor's or Master's degree or equivalent in computer science, mathematics, engineering or physics
Preferred
Experience in onboarding risk applications to cloud
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
Benefits
Medical, dental & vision coverage
401(k)
Life, accident, and disability insurance
Wellness programs
Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
Company
Citi
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Founded in 1812
10001+ employees
H1B Sponsorship
Citi has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1386)
2024 (849)
2023 (1375)
2022 (1117)
2021 (876)
2020 (901)
Funding
Current Stage
Late StageLeadership Team
James Monahan
Managing Director / Global Head of Asset Servicing
Naveed Sultan
Managing Director, Chairman, Institutional Clients Group
Recent News
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