In-Business Risk 1LOD Lead Analyst - C13 - NEW YORK

Citi • New York, NY

20h • $129,840 - $194,760

About The Position

The successful candidate will join the In-Business Risk team within Citi Global Markets. Global Markets In-Business Risk (IBR) is a Front Office First Line of Defense team responsible for market risk across asset classes within Citi’s Global Markets division. The team develops a holistic understanding of market risk and capital across the aggregated trading portfolio and works to optimize the business’s return on capital. IBR covers trading businesses globally, including Rates and Currencies, Global Spread Products, Commodities, and Global Equities.

This role is part of the Volcker Rule Office (VRO), a first-line function that coordinates and monitors Citi’s Volcker Compliance Program. The VRO maintains a central control framework and partners with Business, Independent Risk Management, Compliance, Legal, Finance, and other functions. It oversees processes relating to desk structure, mandates, trading and hedging strategies, limits, covered funds, and regulatory metrics reporting, as well as frameworks for Large, Complex and Illiquid (LCI) trades requiring pre-trade approval (PTA) and Intraday Market Risk (IDMR) monitoring.

As a member of the VRO, the analyst will deliver integrated solutions supporting Citi’s global Volcker Rule compliance program and related regulatory deliverables. The work includes project and business-as-usual delivery, transaction and market risk data analysis, control execution and enhancement, quarterly limit review materials, cross-functional coordination, and management of key changes and dependencies across trading desks and business units. The role also serves as an end-to-end business owner directing Technology partners in developing sustainable solutions and supports internal reviews and external regulatory examinations.

Requirements

• Significant experience, typically 8 or more years, in risk and controls, data analysis, and project management.
• Strong communication skills, including the ability to influence and negotiate with senior internal stakeholders.
• Understanding of market risk, trading products, and services, including Fixed Income, Equities, Currencies and Commodities, and/or Securities Services.
• Familiarity with Front Office trading processes and the trade lifecycle in a large bank or dealer.
• Strong analytical and problem-solving abilities with rigorous attention to detail.
• Advanced technical skills in SQL, Python, Jira, Tableau, and IA tools.
• Strong organizational skills and ability to manage and prioritize multiple workstreams.
• Strong interpersonal skills and ability to foster collaboration across trading and support functions.
• Excellent verbal and written communication skills.
• Proficiency in the MS Office suite.
• Bachelor's/University degree.

Nice To Haves

• Knowledge of the Volcker Rule and Basel/FRTB.
• Project management experience in a Markets Front Office environment.
• Master's degree preferred.
• Knowledge of Citi internal systems.

Responsibilities

• Deliver projects and business-as-usual work aligned with the Markets In-Business Risk book of work, covering the Volcker Rule Program, LCI PTA, and IDMR monitoring frameworks.
• Analyze transaction and market risk data using Business Intelligence tools, SQL, and Python to identify issues and emerging themes.
• Prepare and present materials for quarterly limit reviews with Desk Heads and Market Risk Managers.
• Execute control objectives supporting the LCI PTA and IDMR frameworks, including monitoring violations and exceptions, conducting root-cause analysis, reconciling data, reporting metrics to senior management, maintaining threshold accuracy, and driving process enhancements.
• Oversee the Volcker Control Framework across core areas such as Risk Limits and RENTD, coordinating with related functions including Desk Mandates, Volcker Metrics, and Covered Funds.
• Partner with stakeholders to monitor changes in business activity, assess Volcker implications, and support ongoing compliance with RENTD requirements.
• Project manage and deliver key changes across Trading Desks and Business Units in collaboration with Risk, Legal, Finance, and Compliance.
• Serve as the end-to-end business owner and direct Technology partners in designing sustainable solutions that enhance controls, streamline processes, and support the Volcker Program, LCI PTA, and IDMR frameworks.
• Identify, prioritize, and manage dependencies, risks, exceptions, and issues across workstreams.
• Support interactions with internal review and testing teams and external regulatory examiners.
• Provide subject matter expertise across multiple workstreams.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including planned vacation, unplanned sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior