Company Overview
Citi is committed to being a trusted partner to our clients by delivering responsible financial services that drive growth and economic progress. Our key functions include safeguarding assets, providing loans, facilitating payments, and enabling access to capital markets.
With over 200 years of experience, we have supported clients in tackling the world’s most complex challenges while seizing its greatest opportunities. As a global bank, we connect millions of people across hundreds of countries and cities, fostering financial stability and progress worldwide.
About the Job
Are you ready to take your career to the next level within a global financial institution? If you have expertise in Market Risk, Citi’s Risk Management team is looking for professionals like you.
By joining Citi, you will be part of a global organization dedicated to serving as a trusted financial partner, providing responsible financial services that drive economic growth and progress.
Role Overview
This role is a key part of the Equity Global Market Risk team, responsible for overseeing trading activities, primarily based in London. You will play a critical role in managing the market risk for Equity trading desks across EMEA, including Cash, Derivatives, Delta One, and Hybrids.
Your primary responsibilities will include analyzing and assessing risks, engaging with trading desks, senior risk managers, control functions, and external regulators, and ensuring that transactions align with Citi’s risk policies.
Additionally, you will be responsible for measuring, monitoring, and analyzing Citi’s market risk exposure across various financial products, ensuring that potential losses due to market movements (interest rates, equity prices, credit spreads, and foreign exchange rates) are well managed.
Key Responsibilities
- Collaborate with trading desks to ensure all market risk factors are properly captured in official risk systems.
- Oversee and monitor risks for the Equity and Hybrids Desks, managing exposures to factors such as Greeks, dividends, correlation, and borrow costs.
- Ensure adherence to the Volcker Rule and market risk policies.
- Continuously update and enhance risk limit frameworks.
- Conduct pre-trade risk approvals, analyzing transactions before execution.
- Review structured and complex transactions, ensuring proper risk assessment.
- Oversee the accuracy of Volcker metrics and regulatory submissions.
- Develop and implement stress testing scenarios to evaluate market conditions.
- Analyze results of regulatory stress tests (CCAR, ICAAP, etc.).
- Enhance risk management tools and processes through proactive development.
- Work on both short-term projects (involving trading desks) and long-term strategic initiatives.
- Partner with Finance teams to ensure robust governance.
What You Bring
- Proven experience in market risk management.
- Degree in a quantitative or financial discipline.
- Strong understanding of markets and market risk, particularly in Equities.
- Analytical mindset with attention to detail and expertise in complex structures.
- Experience in trading or risk management (preferably in Equities).
- Knowledge of Value-at-Risk (VaR) models and limitations.
- Familiarity with Citi’s business model and financial institutions.
- Exceptional communication skills, capable of explaining complex concepts clearly.
- Strong organizational and multitasking skills in a dynamic environment.
- Proficiency in Python (or similar programming language).
- Experience with Business Intelligence tools such as Tableau and PowerBI.
What Citi Offers
Citi is dedicated to creating a positive financial and social impact while prioritizing its employees’ well-being. As part of our team, you’ll benefit from:
- Flexible hybrid work model (up to 2 days from home per week).
- Competitive base salary (annually reviewed).
- Generous holiday allowance (starting at 27 days + bank holidays).
- Annual discretionary performance bonus.
- Private medical insurance tailored to your needs.
- Pension plan and paid parental leave.
- Employee Assistance Program for support and well-being.
- Exclusive employee discounts for personal and family use.
- Access to learning and development resources to support career growth
Job Family Group: Risk Management
Job Family: Market Risk
Job Type: Full-time
Citi is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We welcome applications from all backgrounds, regardless of race, color, religion, gender, sexual orientation, national origin, disability, or veteran status.
For accessibility support or accommodations, please visit Citi’s Accessibility Page.
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