What are the responsibilities and job description for the FI Algo: Low Latency Lead Engineer position at Citi?
Low Latency Algo Specialty Engineer
Description
FI Algo Overview
The evolution of electronic trading and automation has changed the way that rates products trade forever; driving a need for real-time, low latency pricing, market making and risk technology. In this increasingly electronic and competitive landscape, Citi is key player due to its leading eTrading and Algo platform and investment in technology. The FI Algo Technology Team is at the forefront by building high-performance, low latency technology that supports the execution of billions of dollars of client trades every day. Our competitive advantage is our technology and having a platform that provides exceptional and dependable trading experience. If you are capable of seeing ahead, of developing a clear path forward in a quest to try the untried, here is the opportunity.
Job Purpose
The FI Algo Technology team supports Citi’s Market Making business, providing algorithmic. Trading, and internal matching solutions for the Rates Business globally. We’re seeking to hire an experienced candidate to guide technical direction and to advance the suite of the Rates algo execution platform to create a best in class, next generation set of products for our clients’ franchise. This includes optimizing execution logic and development of new algorithms to minimize market impact. The suite of components including execution tools, internal market makers, matching engines, and the hedger components. This is a challenging and exciting opportunity to be part of the largest and most sophisticated algo platforms in Rates. It will involve working directly with trading and quants to solve both business and technology problems with a direct measurable impact on the business.
Responsibilities
Design, develop, engineer, and implement high performance, low latency applications leveraging existing Citi framework
Independently work with traders to interpret requirements and drive projects
Extend existing algo components to cover additional venues/products
Represent team goals in senior forums/engineering panels in collaborative manner
Understanding of good design principles and ability to adhere to complex design
Develop scalable and reliable algo trading engines and strategies
Working with other eTrading teams to support live trading
Drive architecture and execute on big picture technical strategy
Drive engineering standards across global Algo team
Deliver next-generation performance and functionality and partner with quants/traders to define the direction of FI algorithmic trading at Citi
Qualifications
Strong and diverse technical background. Ability to quickly learn and understand new technologies, influence highly skilled engineering teams and overall have a personal impact on technology decisions and vision.
15 years experience in low latency trading
Extensive hand-on coding expertise in Core Java. Rust nice to have.
Experience with complex high performance distributed systems & messaging.
Strong focus on system performance tuning and experience with low latency Java programming
Experience with market data protocols
Basic Linux system performance tuning and monitoring, ability to troubleshoot performance issues within Java/Linux stack
Knowledge of Interest Rates or Futures financial products (e.g. Treasuries/Swaps) is highly desirable
Strong academic record, ideally with a Bachelor’s or Master’s degree in Computer Science, Information Science, engineering or related technical or quantitative discipline.
Competencies
Strong verbal and written communication skills; ability to face off to business users
Self-motivated individual and with determination to achieve goals
Excellent analytical and problem solving skills
Good team working skills and ability to work in a distributed global team environment
Ability to work on a fast-pace environment
Fixed income product knowledge
Proven leadership skills and experience
Flexible and able to deliver quality results in the required timeframe
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Job Family Group:
Technology------------------------------------------------------
Job Family:
Applications Development------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In 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.
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Anticipated Posting Close Date:
Feb 27, 2025------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.
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Salary : $170,000 - $300,000
