Citigroup, Inc

Algo and e-Trading Applications Development Manager, Director

Citigroup, Inc$170K — $300K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years in financial services, focusing on electronic trading or algorithmic applications.
  • 8-10+ years of managerial experience overseeing large technology teams.
  • In-depth understanding of complex financial products and trading mechanisms.
  • Advanced knowledge of electronic trading industry and market microstructure.
  • Proficient in advanced technical tools and development environments for trading applications.
  • Strong leadership and talent development skills, with experience motivating technical teams.
  • Deep understanding of low-latency systems and relevant programming languages, particularly Low Latency Java.

Responsibilities

  • Design and deliver Fixed Income execution algorithms to enhance trading performance.
  • Lead the development of comprehensive trading applications, focusing on order/execution management.
  • Oversee and optimize the RFQ workflow for seamless trading operations.
  • Manage performance and growth of multiple engineering teams, promoting best practices.
  • Cultivate stakeholder relationships and present project updates to senior management.
  • Collaborate with global teams to leverage shared solutions and enhance platform reuse.
  • Ensure compliance with budgeting, planning, and change management for trading systems.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • 401(k) retirement plan.
  • Life, accident, and disability insurance.
  • Wellness programs to support employee health.
  • Generous paid time off, including vacation and sick leave.
Full Job Description
The Algorithmic & Electronic Trading Applications Development Senior Group Manager is a senior management level position responsible for accomplishing strategic results through the leadership and management of multiple teams or departments. This role is tasked with establishing and implementing new or significantly revised electronic trading and algorithmic application systems and programs, in close coordination with the Technology Team. The overall objective is to drive advanced applications systems analysis, design, and programming activities within the high-performance electronic trading domain. The role carries co-equal ownership of three domains - Fixed Income execution algo, full trading-desk tooling, and RFQ workflow - including their technology stack, roadmap, and engineering teams. The incumbent serves as the primary technology partner to Fixed Income trading desks at varying stages of electronic evolution, ensuring Citi maintains and extends its position as a leading Fixed Income franchise.

Responsibilities:
  • Own the design, architecture, and delivery of Fixed Income execution algorithms, collaborating directly with trading desk end-users to enhance execution quality and delivery velocity.
  • Trader tools build-out - Lead the design and build of full-featured, front-to-back trading applications - order/execution management (OMS/EMS), pricing and quoting interfaces, position and risk views, and real-time desk workflow tooling used by traders.
  • Own the end-to-end RFQ workflow - auto-quoting, request routing, pricing integration, dealer-to-client / dealer-to-dealer venue connectivity, and straight-through processing.
  • Lead and develop multiple engineering teams, including performance management, hiring, and, ensuring adherence to best practices and Citi policy.
  • Manage stakeholder relationships across regions, presenting regular project and team reviews to senior management and business leaders.
  • Collaborate with globally distributed eTrading teams to build and leverage shared solutions, maximizing platform reuse.
  • Oversee budgeting, planning, policy formation, disaster recovery, and change management with appropriate controls and regulatory compliance.
  • Assess and manage risk in all business decisions, ensuring transparency, ethical conduct, and compliance with applicable laws, rules, and regulations.
  • Lead and develop multiple teams of professionals focused on electronic trading and algorithmic applications to accomplish established strategic goals. Conduct comprehensive personnel duties (e.g., performance evaluations, hiring, and disciplinary actions) and ensure teams adhere to best practices and robust development processes tailored for trading systems. Develop a clear vision for the team around roles and responsibilities, and structure teams to ensure the greatest impact, efficient use of resources, and optimal alignment to business structures within the electronic trading landscape.
  • Prepare and present regular team/project reviews, including strategic initiatives and performance metrics for trading applications, to senior management and business leaders.
  • Drive the strategic design and advanced development of system architecture for low-latency, high-throughput electronic trading platforms. Work closely with end-users and trading desks to enhance the quality, reliability, and performance of deliverables. Ensure staff adheres to Citi documented policy and procedures, as well as maintaining desktop procedures and supporting documentation for all trading system filings on a current basis and in a comprehensive manner.
  • Monitor and strategically manage the approach and end results of electronic trading application initiatives, including budgeting, planning, policy formation, and contributing to the future technology strategy for the electronic trading domain.
  • Ensure all changes to trading systems are managed with appropriate controls, comprehensive documentation, and necessary approvals, including the implementation of new and revised regulatory reporting requirements for trading activities.
  • Research and resolve complex technical and business issues related to electronic trading, provide expert recommendations, and escalate to senior management as needed.
  • Manage and maintain all disaster recovery plans for critical trading applications, oversee appropriate testing, and provide permit-to-operate for new or significantly updated trading systems.
  • Lead and deliver local staff forums, presenting global, regional, and location news and updates to engage the team in the progress of the organization, particularly concerning electronic trading technology advancements and market developments.
  • Contribute to defining and implementing best practices and processes for the department, specific to high-performance and regulated trading environments, and ensure transparency and consistency across teams.
  • Appropriately assess risk when making strategic business decisions regarding electronic trading platforms, demonstrating particular 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, as well as effectively supervising the activity of others and creating accountability with those who fail to maintain these standards.


Qualifications:
  • 15+ years of relevant experience in financial services, with a significant and proven track record in electronic trading or algorithmic trading applications development.
  • 8-10+ years of managerial experience, leading large-scale and critical technology teams, preferably in a global context.
  • Extensive experience with complex financial products and trading mechanisms.
  • Advanced working knowledge of the electronic trading industry, market microstructure, and competitors' products and services.
  • Advanced knowledge of the strategic direction of the function within the relevant part of the business, specifically electronic and algorithmic trading.
  • Proficient computer skills with a focus on advanced technical tools, development environments, and data analysis platforms used in trading, in addition to Microsoft Office applications.
  • Demonstrated exceptional leadership, management, and talent development skills, with a proven ability to lead and motivate highly skilled technical teams.
  • Deep understanding of low-latency, high-performance computing, distributed systems, and multi-threading techniques applied to trading.
  • Expertise in relevant programming languages (e.g., Low Latency Java)


Education:

Bachelor's degree/University degree in Computer Science, Engineering, Mathematics, or a related quantitative field, or equivalent experience.

Master's degree preferred.

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.

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:
Oct 31, 2026

Automated Processing and AI

We 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

About Citigroup, Inc

Citigroup is a financial services holding company that provides financial products and services. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed-income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed-income research, corporate lending, investment banking, and advisory services, private banking, cash management, trade finance, and securities services. Citi is committed to sustainability and social responsibility, and the company invests in initiatives that promote economic progress.

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Learn more about Citigroup, Inc
Market Cap
$1.3 billion
Industry
Net Income
$89.6 million
Founded
1812
5 Year Trend
+4.6%
NASDAQ

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