JobsHead of Over the Counter (OTC) Derivatives Engineering, Director
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Head of Over the Counter (OTC) Derivatives Engineering, Director

Citibank

Location

Jersey City, NJ

Type

Full-time

Posted

9/23/2026

Compensation

$170,000 - $300,000 per year

Undergraduate with 5+ Years of Experience
H-1B FY202699.0% approval-75% YoY
💎 Strong sponsor

Job description

The Cleared Over the Counter Derivatives (OTC Clearing) Engineering Head is a senior leadership role within Futures & Derivatives Clearing Technology, focusing on defining and executing the technology strategy for OTC Clearing. This position requires collaboration with various teams to deliver a resilient technology platform that meets business growth and regulatory needs. The role emphasizes modernization of the OTC Clearing technology estate and managing teams across multiple regions. The successful candidate will drive improvements in architecture, data quality, and operational excellence.

Requirements

  • 15+ years of engineering leadership experience within financial services markets technology.
  • 8+ years of managing large, globally distributed engineering organizations.
  • Demonstrated experience building and evolving OTC Clearing technology platforms supporting client and/or house clearing workflows.
  • Proven track record of delivering large-scale transformation and modernization initiatives within complex, highly regulated environments.
  • Experience managing senior stakeholder relationships across business, operations, risk, compliance, and technology functions.

Responsibilities

  • Define and execute the strategic vision, technology roadmap, and investment priorities for the OTC Clearing technology platform.
  • Partner with business, product, operations, and control functions to identify opportunities that support revenue growth, operational efficiency, risk reduction, and regulatory compliance.
  • Lead technology transformation initiatives focused on platform modernization, architecture simplification, cloud adoption, automation, and engineering excellence.
  • Establish long-term architectural direction, ensuring solutions are scalable, resilient, secure, and aligned with enterprise technology standards.
  • Lead the execution of a complex global change portfolio, ensuring predictable delivery against business, regulatory, and strategic objectives.
  • Drive end-to-end ownership of technology solutions from concept through implementation and production support.
  • Champion modern engineering practices, including DevSecOps, CI/CD, observability, automated testing, and operational automation.
  • Lead and develop a global organization of technologists across multiple regions and disciplines.
  • Ensure all technology solutions comply with applicable regulatory requirements, internal policies, and enterprise control standards.

Benefits

  • Citi offers a comprehensive benefits package including competitive pay, stock programs, healthcare coverage, retirement plans, paid time off, parental leave, and programs supporting employee wellbeing and professional development.

H-1B filing history

Public USCIS petition and DOL LCA counts · latest USCIS FY2026, LCA FY2026

Filing entity: Citibank Na

As of Aug 23, 2026

Initial approvals

75

FY2026

Approval rate

99.0%

FY2026

LCA certified

569

FY2026

Entry-level share

0.5%

FY2026

Initial approvals YoY

-75%

Trend

LCA certified YoY

-58%

Trend

Initial approvals by fiscal year

Approval rate by fiscal year

Continuing vs initial approvals

LCA certified positions by quarter

LCA certified positions by fiscal year

Based on public USCIS and DOL filings; not a sponsorship guarantee.

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