12 days old

SVP, Market Risk Manager

Citigroup
New York, NY 10176
The Market Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family. Responsible for measuring, monitoring and analyzing the organizations market risk exposure on a day-to-day and long-term basis for various financial products. Market risk pertains to potential loss due to market movements such as changes in interest rates, equity prices, credit spreads and foreign exchange rates. Individuals monitor trading limits and are responsible for approving transactions over certain established limits. Work with traders or trading management and recommend actions to mitigate risk. Responsible for monitoring and analyzing the organizations risk exposure by understanding the risks and rewards of the Citi products. Structures solutions to mitigate risks of those products.


**Responsibilities:**


+ Monitoring market risk concentrations in the Citigroup portfolio across asset classes

+ Market Risk Management of a Risk Mitigating Hedging Desk, covering a broad spectrum of risk stripes (e.g. Equities, Credit, Rates, FX, and Securitized Products).

+ Monitoring of Citigroup market risk limits and coordination of appropriate actions related to limit exceptions or breaches across asset classes

+ Support in quarterly and annual market risk limit reviews

+ Support to Market Risk Trading Risk Pool lead with activities associated with Enterprise

+ Concentration risk management framework ( e.g. monitoring of concentrations, helping with presentations, risk identification)

+ Support in calibrating / reviewing Citigroup market risk limits and concentration risk identification thresholds

+ Autonomously monitor business compliance with the firms market risk-related policies

+ Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting

+ Participate in the monitoring of Citigroup market risk stress loss limit and appropriate escalations of material changes in its components

+ Participate in the ongoing development, implementation and upgrade of risk systems including CRMR/VaR, CRMR/Issuer risk, Limit Central/Volcker, Limit Central/issuer risk

+ Working with senior mentors on well-defined mid to long term projects that require technical skills and strategic planning, enabling development in analytical capacity and critical thinking


**Qualifications:**


+ 6-10 years relevant experience

+ Degree in a quantitative or financial discipline.

+ Knowledge of financial instruments and risk metrics. Quantitative skills including mathematics involved in risk estimation and modelling

+ Excellent written and verbal communication skills

+ Must be a self-starter, flexible, innovative and adaptive

+ Ability to work collaboratively and with people at all levels of the organization

+ Excellent written and verbal communication and interpersonal skills

+ Ability to work both collaboratively and autonomously; ability to navigate a complex organization

+ Advanced analytical skills

+ Excellent project management and organizational skills and capability to handle multiple projects at one time

+ Proficient in MS Office applications (Excel/VBA, Word, Power Point) and SQL

+ Programming and/or database management experience


**Education:**


+ Bachelors/University degree, Masters degree preferred.

+ Field of study in Finance or Engineering preferred


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


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**Job Family Group:**


Risk Management

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**Job Family:**


Market Risk

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**Time Type:**


Full time

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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 **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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SVP, Market Risk Manager

Citigroup
New York, NY 10176

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