Market Risk Senior Officer I, Senior Vice President

Citi • New York, NY

5d • $176,720 - $265,080 • Onsite

About The Position

The Market Risk Senior Officer I is a strategic professional who closely follows latest trends in their field and adapts them for application within their job and the business. This role requires excellent communication skills to negotiate internally, often at a senior level, and developed diplomacy skills to guide, influence, and convince others, particularly colleagues in other areas and occasional external customers. The individual is accountable for significant direct business results or authoritative advice regarding the operations of the business, necessitating a degree of responsibility over technical strategy. This position primarily affects a sub-function and is responsible for handling staff management issues, including resource management and allocation of work within the team/project. The role involves measuring, monitoring, and analyzing the organization’s market risk exposure on a day-to-day and long-term basis for various financial products. Market risk pertains to potential loss due to market movements such as changes in interest rates, equity prices, credit spreads, and foreign exchange rates. Individuals monitor trading limits and are responsible for approving transactions over certain established limits. They work with traders or trading management and recommend actions to mitigate risk. The role requires monitoring and analyzing the organization’s risk exposure by understanding the risks and rewards of Citi products and structuring solutions to mitigate the risks of those products.

Requirements

• 10+ years relevant experience
• Degree in a Quantitative or Financial discipline
• Advanced knowledge of financial instruments, risk metrics and Market Risk Management
• Advanced analytical, technical and quantitative skills
• Expert knowledge of treasury, market risk and liquidity management and knowledge of secured financing, securitization, and derivative products
• Excellent written and verbal communication skills
• Must be a 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

Responsibilities

• Risk Management oversight of Market Risk function
• Review and approve transactions
• Drive Projects to improve accuracy of Market Risk Analytics
• 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
• 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
• Interaction with regulators and auditors
• Partnering, collaborating and working with other areas within Citi, as necessary
• Keeping abreast of regulatory changes, new regulations and internal policy changes
• 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.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

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