Spread Products In-Business Risk (IBR) team – VP

Citi • New York, NY

16d • $175,000 - $250,000 • Onsite

About The Position

Citi is seeking a market risk professional to join the Spread Products In-Business Risk (IBR) team, a Front Office, first-line-of-defense function responsible for market risk and capital management across Citi's Global Spread Products businesses. In this Vice President-level role, the employee will help provide risk coverage of Flow Credit Trading and Agency and Non-Agency Mortgage trading, working across risk analytics, capital management, and senior business leadership. The role focuses on coverage of portfolio risks from Spread Products Trading and directly shapes how risk is identified, measured, and governed across a core fixed income business.

Requirements

• At least 7 years of experience in a trading or market risk management role, with market risk management as a core part of the position.
• Expert-level knowledge of Flow Credit Trading and/or Agency and Non-Agency Mortgage asset classes.
• Demonstrated experience managing regulatory interactions and leading or contributing to regulatory workstreams.
• Exceptional analytical and quantitative capability, including interpreting complex data and translating findings into clear risk conclusions.
• Strong written and verbal communication skills, including the ability to convey risk positions and recommendations clearly to senior stakeholders.
• Effective relationship management skills and a collaborative approach across trading, risk, technology, and regulatory functions.
• Highly detail-oriented, self-motivated, and intellectually curious about financial markets, market structure, and trading dynamics.

Responsibilities

• Monitor systemic and idiosyncratic risks across Spread Products Trading and engage with senior business and risk leadership to identify and appropriately escalate material risks.
• Track position-level performance, analyze market-movement drivers across asset classes, and develop forward-looking views on concentration, emerging, and relative value risks.
• Design and implement consistent quantitative risk metrics to explain portfolio performance across Spread Products positions under varying market conditions.
• Partner with quantitative analytics and technology teams to build a comprehensive risk monitoring framework supporting portfolio risk management and efficient capital allocation.
• Develop a front-to-back understanding of risk across Spread Products Trading, covering capital attribution dimensions including Stress losses and Value-at-Risk, and strengthen governance and controls.
• Collaborate with independent risk teams to size and calibrate appropriate business risk limits and monitor portfolio utilization.

Benefits

• Medical, dental, and vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off, including vacation, 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
• Education Level: No Education Listed