Jobs · New Jersey

NextGen Algo Trading Manager, Director

Citi · Jersey City, NJ · 3 mo ago
Hybrid$170k–$300k/yrFull-time

About the role

Equities Technology at Citi is undertaking a bold, multi-year transformation to build a best-in-class global platform across execution, prime, clearing, and cross-product margining. We are re-engineering our technology estate to achieve world-leading performance and resiliency, enabling new capabilities in advanced execution, global market connectivity, and modernized post-trade, clearing, and margin processes. Our ambition is to deliver a seamlessly integrated, highly automated platform that drives outstanding client outcomes and accelerates growth across our global franchise.

As part of the team, you’ll collaborate closely with high-caliber engineers and deeply engaged business and product partners—working together to define and deliver the next generation of Equities technology at Citi. This is a senior management-level position responsible for driving applications systems analysis and programming activities, with both managerial and hands-on focus on Sales Side Algo Development.

Responsibilities

  • Manage and develop multiple teams of professionals to accomplish established goals, including personnel duties such as performance evaluations, hiring, and disciplinary actions.
  • Ensure teams adhere to best practices and processes while maintaining comprehensive documentation.
  • Develop a vision for team roles, responsibilities, and structure to maximize impact, efficiency, and alignment with business objectives.
  • Prepare and present regular team and project reviews to senior management and business leaders.
  • Drive the design and development of system architecture, collaborate with end-users, and enhance the quality of deliverables.
  • Monitor and manage budgets, planning, policy formation, and contribute to the future strategy of the area(s).
  • Ensure change is managed with appropriate controls, documentation, and approvals, including implementation of new and revised regulatory reporting requirements.
  • Research and resolve issues, provide recommendations, and escalate to senior management as needed.
  • Manage and maintain all disaster recovery plans, oversee testing, and provide permit-to-operate for new applications.
  • Lead and deliver local staff forums, present global, regional, and location news to engage the team in organizational progress.
  • Contribute to defining and implementing best practices and processes for the department, ensuring transparency and consistency across teams.
  • Appropriately assess risk in business decisions, demonstrating consideration for Citi’s reputation, compliance with laws and regulations, and ethical judgment.

Requirements

  • 8-10+ years of managerial experience.
  • 10+ years of relevant, hands-on Sales Side Algo experience.
  • Financial services background and experience.
  • Working knowledge of the industry and competitors’ products and services.
  • Advanced knowledge of the strategic direction of the function within the relevant part of the business.
  • Proficient computer skills with a focus on Microsoft Office applications.
  • Demonstrated leadership, management, and development skills.

Qualifications

  • Bachelor’s degree or equivalent experience; Master’s degree preferred.
  • PMP Certification, MBA, or business-specific licenses (if applicable).

Location

Jersey City, New Jersey, United States

Pay

$170,000.00 - $300,000.00 (full-time salary range). In addition to salary, Citi’s offerings may include discretionary and formulaic incentive and retention awards for eligible employees.

Benefits

  • Medical, dental, and vision coverage.
  • 401(k) retirement plan.
  • Life, accident, and disability insurance.
  • Wellness programs.
  • Paid time off, including vacation, sick leave, and holidays.

Available offerings may vary by jurisdiction, job level, and date of hire. For additional information, visit citibenefits.com.

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