Collateral Risk Analyst (AVP) – Institutional Credit Management

Citi • New York, NY

3d

About The Position

The Institutional Credit Management (ICM) organization is a core first‑line risk function at Citi, responsible for independent credit risk assessment, portfolio oversight, and governance across institutional businesses globally.

Citi is seeking a Collateral Risk Analyst (AVP) to support collateral eligibility, valuation, and risk mitigation activities across institutional portfolios. This role sits at the intersection of credit, collateral, and regulatory risk, offering meaningful exposure to complex secured financing structures, margining frameworks, and portfolio‑level risk assessment.

This is a hands‑on, judgment‑driven AVP role with visibility across Businesses, Credit Officers, Portfolio Management, Legal, and Risk partners, ideal for professionals looking to deepen technical collateral expertise while building a long‑term risk career in New York.
Role Overview
The Collateral Risk Analyst (AVP) is responsible for executing and enhancing collateral risk oversight practices across multiple businesses. The role focuses on reviewing collateral structures, assessing adequacy of coverage and risk metrics, identifying emerging risks such as market stress and wrong‑way risk, and supporting policy and governance initiatives.
The position requires independent analytical judgment, strong attention to detail, and the ability to communicate risk effectively to senior stakeholders.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field
• 5–8 years of experience in collateral risk, credit risk, market risk, capital, liquidity, or a related institutional risk function
• Strong understanding of credit risk, collateral mechanics, and market risk principles
• Proven ability to exercise independent judgment in risk assessment
• Experience with collateralized products, margining, secured financing, or derivatives collateral
• Familiarity with collateral or margin‑related regulations (e.g., Uncleared Margin Rules)
• Experience with data and reporting tools (e.g., Excel, SQL, Tableau)

Nice To Haves

• CFA or FRM certification a plus

Responsibilities

• Review collateral schedules, terms, and structures to ensure accuracy, completeness, and compliance with internal policies and regulatory expectations
• Validate collateral eligibility based on asset class, documentation, legal enforceability, and internal risk standards
• Assess collateral coverage, margin sufficiency, and concentration risk relative to exposure and portfolio guidelines
• Identify and assess collateral‑related risks, including market volatility, liquidity stress, and wrong‑way risk
• Evaluate impacts at the counterparty and portfolio level and escalate emerging risks as appropriate
• Support the development of risk mitigation strategies aligned with Citi’s risk appetite
• Monitor collateral performance, exceptions, and trends across institutional portfolios
• Produce clear, concise risk reporting for Credit and Risk stakeholders
• Analyze collateral and market data to support ongoing risk oversight and decision‑making
• Contribute to the development and maintenance of collateral risk policies, procedures, and guidelines
• Ensure ongoing alignment with regulatory expectations (e.g., OCC, FRB, margin‑related requirements)
• Support internal audits, regulatory exams, and risk reviews related to collateral activities
• Partner closely with Credit Officers, Portfolio Managers, Legal, Operations, and Risk peers
• Communicate complex collateral concepts clearly to both technical and non-technical audiences
• Provide subject‑matter support on collateral risk matters across the organization

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees