Leveraged Credit CSS - Director

Citi • New York, NY

1d • $170,000 - $300,000

About The Position

The Credit Sector Specialist is a Senior level position responsible for overseeing client analysis and reporting, in coordination with the Leveraged Trading team. The overall objective of this role is to utilize research to improve existing products and regularly engage clients to discuss margin effectiveness and optimization. Responsibilities: Aggregate and process large amounts of publicly available data for relevant markets to direct risk management decisions and client solutions Primary focus will be on the stressier parts of high yield and loan markets in leveraged credit. Perform data analyses and research to evaluate performance, determine new strategies and products, and provide product feedback internally Develop performance evaluation methodologies and attribution models for different execution products Coordinate with quants, technology, compliance and other partners to drive product development Engage clients by providing thematic content, market and bespoke analysis, and discuss margin effectiveness and optimization Define metrics with partners to be distributed to senior management and other stakeholders Develop the risk and margin methodology and product platform and establish risk framework guidelines Negotiate margin and credit protection clauses with client, and participate in Best Execution and performance committees Oversee client analysis and reporting, ensuring that priority accounts have an appropriate level of focus Leading strong governance and controls: Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure Build a culture of responsible finance, good governance and supervision, expense discipline and ethics Appropriately assess risk/reward of transactions when making business decisions; and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation. Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same Adhere to all policies and procedures as defined by your role which will be communicated to you Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe Appropriately assess risk when business decisions are made, demonstrating particular 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.

Requirements

• 6-10 years of experience in a related role
• Advance statistics and data analysis background, with modelling capabilities, and spreadsheet oversight greatly preferred
• Proven success with a programing background in one or more programming languages, including: Q/KDB, Python, R
• Demonstrated ability to conduct own research, evaluate proof of concepts / prototypes, articulate ideas and deliver presentations
• Consistently demonstrates clear and concise written and verbal communication
• Attention to Detail and Accuracy
• Proven ability to manage to deadlines

Nice To Haves

• Master’s degree preferred

Responsibilities

• Aggregate and process large amounts of publicly available data for relevant markets to direct risk management decisions and client solutions
• Primary focus will be on the stressier parts of high yield and loan markets in leveraged credit.
• Perform data analyses and research to evaluate performance, determine new strategies and products, and provide product feedback internally
• Develop performance evaluation methodologies and attribution models for different execution products
• Coordinate with quants, technology, compliance and other partners to drive product development
• Engage clients by providing thematic content, market and bespoke analysis, and discuss margin effectiveness and optimization
• Define metrics with partners to be distributed to senior management and other stakeholders
• Develop the risk and margin methodology and product platform and establish risk framework guidelines
• Negotiate margin and credit protection clauses with client, and participate in Best Execution and performance committees
• Oversee client analysis and reporting, ensuring that priority accounts have an appropriate level of focus
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
• Appropriately assess risk/reward of transactions when making business decisions
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
• 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.

Benefits

• 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