Fixed Income Algo Trading Low Latency Engineer (Java)

Fixed Income Algo Trading Low Latency Engineer (Java)

Overview

Citi is a world-leading global bank. We have approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. We provide consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. We enable clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

What We do / The Team

ICG Rates eTrading Tech 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 platform and investment in technology. The Rates eTrading 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.

Role Overview/What will you do:

Rates eTrading Algo Technology team in EMEA supports Citi’s Internal Market Making, Algorithmic Trading, and internal matching for the EMEA Rates Business. We’re seeking to hire an experienced candidate to lead and advance the suite of Rates algo execution platform creating a best in class, next generation product for our clients’ franchise. This includes optimizing execution logic and development of new algorithms to minimize market impact.

This is a challenging and exciting opportunity to run one 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.

Duties may include (But not limited to)

• Responsible for creating high performance, low latency applications leveraging existing Citi framework and drive engineering excellence.
• Ensuring strong reliability, scalability and performance of the core Algo components.
• Partner with business to continue to evolve algo architecture roadmap beyond near term objectives.
• Deliver next-generation performance and functionality and play a partnership role defining the direction of Rates algorithmic trading at Citi.
• Design and develop high performance, low-latency trading applications that deliver to client expectations as well as improve stability and scalability of the trading platform.
• Partner with multiple technology, business/quant and external market teams to capture requirements and deliver timely solutions for new trading functionality and market upgrades.
• Coordinate testing of new functionality including business/quant signoff.
• Liaise with global support teams to manage application upgrades and provide third-line support for existing trading platform.
• Develop common, reusable components and services that execute against Citi’s technical strategy and drive future improvements.
• Partner with business/quant teams to evolve architecture roadmap and drive future direction of the trading platform.
• Working with other core E-Trading teams to manage and support the application.

Key Skills and Experience required

• Solid understanding of software development fundamentals with proven demonstrable success in designing and delivering multi-tiered applications.
• Extensive hands-on experience writing clean Testable code coupled with expertise in developing multi-threaded Core Java applications.
• Strong Software development fundamentals, data structures, design patterns, Object-Oriented programming, architecture, algorithms, and problem-solving skills.
• Strong focus on system performance tuning and experience with low latency Java programming.
• Solid understanding of service architecture and high performance, low latency, and multi-threading techniques.
• Experience architecting and designing high performance server side components.
• Proven experience developing service oriented applications.
• Prior experience in building algo trading systems is highly desirable.
• Knowledge of any Interest Rates or Futures financial products (e.g. Treasuries/Swaps) is highly desirable.
• Technical skills include Java, Spring, TDD, KDB, FIX, and UNIX/LINUX.
• Understanding of relational database concepts and knowledge in SQL.
• Experience with Jira, Git/Bitbucket, Gradle and CI/CD tools, e.g. TeamCity and UrbanCode Deploy.

Any Beneficial / Nice to have skills and experience:

• Knowledge on cloud technologies desirable, e.g. Artifactory, Docker and OpenShift.
• Knowledge of fixed income products, customer and broker market platforms and trading protocols desirable.

What we’ll provide you

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:

• 27 days annual leave (plus bank holidays)
• A discretional annual performance related bonus
• Private Medical Care & Life Insurance
• 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.

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