Job Description
The Market Risk Senior Officer I is a strategic professional who closely follows the Equities Markets and oversees market risk coverage of the Global Equities desks.
The Equity Market Risk team is responsible for measuring, monitoring, and analyzing the organization’s market risk exposure on a day-to-day and long-term basis for various financial products traded in Global Equities. Individuals monitor trading limits and are responsible for approving transactions over certain established thresholds. Market Risk managers work with traders or trading management and recommend actions to mitigate risk.
The candidate will have experience in Equities Markets, knowledge of Market Risk Framework and Policy, and Market Risk management metrics and tools. She will have excellent communication skills to influence risk discussions, often with senior Traders and other control partners. The candidate will function as a part of global team and be accountable for the 2nd line risk management coverage of several businesses and operations within Global Equities.
Responsibilities:
Market Risk Management oversight of Global Equities
- Review and approve transactions; Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
- Overseeing and ensuring the integrity of the risk monitoring process; Review and approve risk framework for Market Risk for risk-taking units Monitor compliance with risk limits/triggers.
- Drive Projects to improve accuracy of Market Risk Analytics; Frequent interaction with Financial Division to understand sources of market risk variation. Interaction with Model Validation, Risk Analytics and Financial Control to ensure thorough concise of methodologies and models. Interaction with Market and Credit Risk Managers to improve accuracy of regulatory and management reporting. Partnering, collaborating, and working with other areas within Citi, as necessary.
- Interaction with regulators and auditors; Keeping abreast of regulatory changes, new regulations, and internal policy changes.
Qualifications:
- 7+ years relevant experience in Equities Market Risk or Trading, Degree in a Quantitative or Financial discipline
- Advanced knowledge of Equity Markets and Products. Knowledge of Equity Derivatives products as a trader or risk manager.
- Excellent written and verbal communication skills. Self-starter, flexible, innovative, and adaptive. Highly motivated, attention to detail, team oriented, organized.
- Developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
- Ability to work collaboratively and with people at all levels of the organization.
- Excellent project management and organizational skills and capability to handle multiple projects at one time.
- Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL. Programming/modeling experience required.
Education:
- Bachelor’s/University degree, Master’s degree 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--------------------------------------- ---------------
Job Family:
Market Risk-------------------------------------- ----------------
Time Type:
Full time------------------------------------- -----------------
Primary Location:
New York New York United States------------------------------------ ------------------
Primary Location Full Time Salary Range:
$142,320.00 - $213,480.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Jul 10, 2024---------------------------------- --------------------
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.
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