Business Analyst, Citi

Citi

Location:
India, Chennai ▼
Pune

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Credit Risk Technology Team is responsible for delivering Counterparty Credit Risk Management software solutions to Citi’s Risk organization which manages Citi’s exposure to financial institutions, governments and corporates that trade with Citi. The team builds and maintains software used to compute metrics that help mitigate Citi’s exposure to counterparty default. These include computation of Haircut for Security and Cash Collateral, Trade and Collateral Liquidity, Collateral Concentration Levels and Wrong Way Risk, amongst others.

Job Responsibility:

Liaise with stakeholders across the Risk and Front Office Technology, Counterparty Risk Management, Finance and Front Office business organizations, and external Market Regulators to assemble business requirements for Counterparty Risk Technology projects
Manage expectations of various stakeholder groups and help negotiate solutions to complex problems
Project manage complex Counterparty Credit Risk projects end to end
Accurately record, maintain, and report Program/Project management tracking data such as milestones via Citi’s internal project tracking systems
Help assemble/manage detailed documentation covering Counterparty Risk calculations and other processing, to be used to discuss technology implementation details with the Business users and Market Regulators in various countries/regions
Create flow diagrams, structure charts, and other types of system or process representations when appropriate
Facilitate and drive project meetings with both business and technology teams
Develop and review test scripts with business users as well as technology teams for System, User and Impact testing
Understand, analyze, and explain counterparty exposures on trading books to users
Investigate Pre-settlement Exposure(PSE)/RC/EAD/PD/LGD/RWA and related calculations for internal risk management and BASEL regulatory capital reporting based on the exposure profiles generated by the systems
Ability to trace changes in day to day exposures to changes in markets, books and or legal agreements
Where feasible develop excel prototypes to demonstrate and analyze risk calculations

Requirements:

Overall 4-8 Yrs as Business Analyst
Experienced in Business Analysis and SDLC
Project Management experience a key advantage
4+ years experience in the Capital Markets domain
Understanding of the mechanics and life cycle of derivatives products, including Options, Futures, Forwards and Swaps is mandatory
Knowledge of Securities Financing Transactions (SFT) products an advantage
Experience working with global teams across time zones
Proficiency in MS Office (Word, Excel, Visio, PowerPoint)
Data Analysis capabilities (Database or Spreadsheet), with extensive experience using Excel required and strong SQL hands-on for data analysis
Bachelor's degree/University degree or equivalent experience, Master's degree an advantage
Graduate in STEM (Science, Technology, Engineering and Mathematics) or Finance discipline
FRM/CFA or other Financial mathematics degree or certification is an advantage
Excellent verbal and written English
Ability to collaborate effectively in a large global team
Ability to take ownership and proactively follow up on issues
Ability to work well under pressure, to agreed and often challenging deadlines
Strong organization skills

Nice to have:

FRM/CFA or other Financial mathematics degree or certification
Knowledge of Securities Financing Transactions (SFT) products

Additional Information:

Job Posted:
June 20, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Business Analyst