Head of Over the Counter (OTC) Derivatives Engineering, Director
CitibankHead of Over the Counter (OTC) Derivatives Engineering, Director
CitibankLocation
Jersey City, NJ
Type
Full-time
Posted
9/23/2026
Compensation
$170,000 - $300,000 per year
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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