Application Development Manager, VP - Hybrid

Brief Description of the Organization

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve.

Citi's Personal Banking and Wealth Management (PBWM) division is building a purpose-driven team to serve its globally diverse, digitally forward customers in top cities around the world. We're looking for exceptional candidates who think digitally and differently, resolve problems in unconventional ways and strive to provide a remarkable experience for our clients.

Overview of the Role

Citi's PBWM Technology (PBWMT) organization serves the PBWM global suite of products providing a full range of innovative and comprehensive set of services. Our businesses also offer industry-leading advanced technology, a strong worldwide presence, and a powerful global franchise.

About Citi Global Wealth

Citi Global Wealth (CGW) is focused on serving the needs of clients across the entire wealth spectrum. By building on the strengths and capabilities across Citi, we intend to transform the way we serve clients across the wealth continuum, delivering the full range of high tech and high touch capabilities Citi can offer, and ultimately help them achieve their goals. Citi Global Wealth serves over 500,000 clients across its global footprint in Asia, Europe, Mexico, and North America. It delivers the full range of wealth products across investments, banking, lending, insurance, trust services and financial planning & advice. Citi Global Wealth propositions are delivered via tailored offerings across the Citigold, Citi Private Client, International Private Bank and Citi Private Bank brands.

Job summary:

• The Citi Global Wealth (CGW) Investments Technology group is responsible for building integrated solutions for Alternative Investments (Hedge Funds, Private Equity and Real Estate), covering end-to-end Lifecycle management for its Business Users and Clients. The group has global responsibility for building technology solutions starting from the Product Inception/Launch, customer eligibility checks, to order capture, order processing and settlement. In the ever-changing world of financial markets/products, the group continues its rapid journey of digitization, automation of operational processes and globalization of applications.

• The candidate will act as the Global Tech Lead Alternative Investments and play the role of Techno-functional SME for our US-based tech team. Good knowledge of Alternative Investments (Hedge Funds, Private Equity, and Real Estate) products is must. Understanding of these products covering key concepts like Fund Structure (Fund of Funds, Master/Feeder, Class, Series), Fund Administration, Unitized vs Capital Balance Accounting, Pricing/ Valuation, Solicitation/ Pipeline, Taxlots, Capital/Income segregation, Fees (Placement/ Administrative/ Trailer) etc.

• The candidate should have a clear understanding of the trade/order lifecycle of Alternative Investments Products covering Hedge Funds Subscriptions/Redemptions, Private Equity Commitment/Capital Call process, Corporate Actions, Split/Merger, Side-pocket, Free of Payments, and Commitment to Purchase. He/ She should have knowledge on order processing and settlement covering: trade placement with fund-house/ custodians, client margin checks, trade reconciliations and cash settlement/ accounting, Swift (payment/ order).

• The candidate should have a clear understanding of Regulatory and Compliance aspects with respect to Alternative Investments, covering Product Suitability/ K&E, Pre Trade Checks, Client Portfolio Risk analysis. He/ She should understand regulations like FATCA, MiFID, CASS, Volker, Regulation O etc.

• The candidate should have a proven record in application architecture, design, development for diverse set of applications. He /She should have working knowledge in DDD, BDD and TDD. The candidate should have strong experience in executing projects in Agile Methodology. Experience of leading large deliveries with attention to Engineering standards like CI/CD, Code Coverage, Test Automation, Containerized build etc. is necessary. His/her experience should cover User Interface (UI), Application Services, Workflow/Rules Engines, RDBMS and ETL. He/ She will be responsible to enforce that the best practices in both engineering and operations and standards met or exceeded.

• The candidate will assume responsibility for workforce management, assisting colleagues on the group's management team in hiring of employees for all global and local functions. The candidate will coach and guide the local employee in order to meet the career development/ aspirations of the local employees. The candidate will cultivate the culture that the CPB O&T management team has established across the organization; innovation, engineering excellence, accountability. The candidate will instill the team with a sense of community, connecting and collaborating with local teams with the global organization.

• The candidate will be responsible for a team size of 8-12, with most of the FTEs in reporting line in US and some part of the team in Tampa-US. He/ She will be responsible for thought leadership and vision on the product-platform's end state goal, and will be responsible for designing solutions that align towards the end state vision.

Job Background/Context:

• Candidate must manage team based in US and collaborate with other teams in multiple locations and will work with vendors/third parties in joint delivery teams.

• As there will be consumers of the platform services across CGW, the candidate will interact with stakeholders from across multiple functional areas.

• The position requires analytical skills in order to filter, prioritize and validate potentially complex material, technical, business, or otherwise, from multiple sources.

Key Experience Required:

• Leading development of end-to-end product platforms for Alternative Investments with digitized/automated solutions for business and clients. He/ She should have managed multi-line, multi-discipline and geographically distributed teams.
• Experience in capturing business/ operations as-is process for Alternative Investments Products then defining the globalized and optimal (enhanced client experience and Ops MTP reduction etc.) to-be process and eventually driving technology projects to meet the to-be state.
• Experience in Application UI (user interface) definition, development of multi-tier application using micro services architecture, rules engines, and workflow frameworks.
• Employ best practices standards, frameworks and patterns while designing and developing components; a proven track record of using DevOps to reduce cycle time in highly regulated environments
• Converse with various data provider and consumer applications in their languages/terminologies

Skills Required

• Experience in technology projects for Alternative Investments (Hedge Funds, Private Equity, Real Estate) Products, with sound knowledge of the functional aspects. Understands the key features and objectives of these products with respect to differences in lifecycles, investment objectives, pricing / valuations, liquidation, corporate actions,
• Experience developing Java-based applications using:
  • User Interface - Angular 8 /Jasmine/Karma, JSP.
  • Middleware & distributed messaging - Java, Spring Boot, Spring-batch, Kafka, IBM MQ.
  • Web service implementation - REST, SOAP, IBM API Management.
  • Database - RDBMS (Oracle, Sybase, DB2)
  • Data exchange formats (JSON, XML, SOAP)
  • Rules Engine - Drools

• Experience with CI/CD build pipelines and toolchain - Git, BitBucket, TeamCity, Jira
• Experience with testing concepts (TDD, BDD) and frameworks (Cucumber, Selenium, Junit/Mokito)
• Knowledge of Operating Systems and familiar with shell scripting

Preferred Skills

• Knowledge of financial Products like Hedge Funds, Private Equity, Real Estate.
• Experience in the financial services industry with a focus on Private Banking/Wealth Management
• Experience in Angular, Java, Spring and RDBMS (Oracle, Sybase, DB2)
• Experience in building / managing diverse and performant teams.

Qualification:

• Bachelor's degree (in science, computers, information technology or engineering)
• 12 years' experience in software development

Job summary:

• The Citi Global Wealth (CGW) Investments Technology group is responsible for building integrated solutions for Alternative Investments (Hedge Funds, Private Equity and Real Estate), covering end-to-end Lifecycle management for its Business Users and Clients. The group has global responsibility for building technology solutions starting from the Product Inception/Launch, customer eligibility checks, to order capture, order processing and settlement. In the ever-changing world of financial markets/products, the group continues its rapid journey of digitization, automation of operational processes and globalization of applications.

• The candidate will act as the Global Tech Lead Alternative Investments and play the role of Techno-functional SME for our US-based tech team. Good knowledge of Alternative Investments (Hedge Funds, Private Equity, and Real Estate) products is must. Understanding of these products covering key concepts like Fund Structure (Fund of Funds, Master/Feeder, Class, Series), Fund Administration, Unitized vs Capital Balance Accounting, Pricing/ Valuation, Solicitation/ Pipeline, Taxlots, Capital/Income segregation, Fees (Placement/ Administrative/ Trailer) etc.

• The candidate should have a clear understanding of the trade/order lifecycle of Alternative Investments Products covering Hedge Funds Subscriptions/Redemptions, Private Equity Commitment/Capital Call process, Corporate Actions, Split/Merger, Side-pocket, Free of Payments, and Commitment to Purchase. He/ She should have knowledge on order processing and settlement covering: trade placement with fund-house/ custodians, client margin checks, trade reconciliations and cash settlement/ accounting, Swift (payment/ order).

• The candidate should have a clear understanding of Regulatory and Compliance aspects with respect to Alternative Investments, covering Product Suitability/ K&E, Pre Trade Checks, Client Portfolio Risk analysis. He/ She should understand regulations like FATCA, MiFID, CASS, Volker, Regulation O etc.

• The candidate should have a proven record in application architecture, design, development for diverse set of applications. He /She should have working knowledge in DDD, BDD and TDD. The candidate should have strong experience in executing projects in Agile Methodology. Experience of leading large deliveries with attention to Engineering standards like CI/CD, Code Coverage, Test Automation, Containerized build etc. is necessary. His/her experience should cover User Interface (UI), Application Services, Workflow/Rules Engines, RDBMS and ETL. He/ She will be responsible to enforce that the best practices in both engineering and operations and standards met or exceeded.

• The candidate will assume responsibility for workforce management, assisting colleagues on the group's management team in hiring of employees for all global and local functions. The candidate will coach and guide the local employee in order to meet the career development/ aspirations of the local employees. The candidate will cultivate the culture that the CPB O&T management team has established across the organization; innovation, engineering excellence, accountability. The candidate will instill the team with a sense of community, connecting and collaborating with local teams with the global organization.

• The candidate will be responsible for a team size of 8-12, with most of the FTEs in reporting line in US and some part of the team in Tampa-US. He/ She will be responsible for thought leadership and vision on the product-platform's end state goal, and will be responsible for designing solutions that align towards the end state vision.

Job Background/Context:

• Candidate must manage team based in US and collaborate with other teams in multiple locations and will work with vendors/third parties in joint delivery teams.

• As there will be consumers of the platform services across CGW, the candidate will interact with stakeholders from across multiple functional areas.

• The position requires analytical skills in order to filter, prioritize and validate potentially complex material, technical, business, or otherwise, from multiple sources.

Key Experience Required:

• Leading development of end-to-end product platforms for Alternative Investments with digitized/automated solutions for business and clients. He/ She should have managed multi-line, multi-discipline and geographically distributed teams.
• Experience in capturing business/ operations as-is process for Alternative Investments Products then defining the globalized and optimal (enhanced client experience and Ops MTP reduction etc.) to-be process and eventually driving technology projects to meet the to-be state.
• Experience in Application UI (user interface) definition, development of multi-tier application using micro services architecture, rules engines, and workflow frameworks.
• Employ best practices standards, frameworks and patterns while designing and developing components; a proven track record of using DevOps to reduce cycle time in highly regulated environments
• Converse with various data provider and consumer applications in their languages/terminologies

Skills Required

• Experience in technology projects for Alternative Investments (Hedge Funds, Private Equity, Real Estate) Products, with sound knowledge of the functional aspects. Understands the key features and objectives of these products with respect to differences in lifecycles, investment objectives, pricing / valuations, liquidation, corporate actions,
• Experience developing Java-based applications using:
  • User Interface - Angular 8 /Jasmine/Karma, JSP.
  • Middleware & distributed messaging - Java, Spring Boot, Spring-batch, Kafka, IBM MQ.
  • Web service implementation - REST, SOAP, IBM API Management.
  • Database - RDBMS (Oracle, Sybase, DB2)
  • Data exchange formats (JSON, XML, SOAP)
  • Rules Engine - Drools

• Experience with CI/CD build pipelines and toolchain - Git, BitBucket, TeamCity, Jira
• Experience with testing concepts (TDD, BDD) and frameworks (Cucumber, Selenium, Junit/Mokito)
• Knowledge of Operating Systems and familiar with shell scripting

Preferred Skills

• Knowledge of financial Products like Hedge Funds, Private Equity, Real Estate.
• Experience in the financial services industry with a focus on Private Banking/Wealth Management
• Experience in Angular, Java, Spring and RDBMS (Oracle, Sybase, DB2)
• Experience in building / managing diverse and performant teams.

Qualification:

• Bachelor's degree (in science, computers, information technology or engineering)
• 12 years' experience in software development

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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 .

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