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In-Business Market Risk Manager - Director

Hong Kong SAR, Hong Kong · Job Posted May 15, 2026
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Job Description

The Global Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense team responsible for market risk across asset classes within Citi’s Global Markets division. The team aims to establish a holistic understanding of market risk and capital of the aggregated trading portfolio, as well as to optimize the business’s return on capital. Global Markets IBR covers all trading businesses globally such as Rates and Currencies, Global Spread Products, Commodities, and Global Equities. This Director-level role will focus on the coverage of cross-asset portfolio risks arising from the firm's trading activities. The ideal candidate will have a background in fixed income or equities trading and possess deep market knowledge and experience with pricing/valuation/risk frameworks.

Job Responsibility

  • Proactively identify, quantify, and analyze key market risks within the Markets’ trading inventory, considering the broader market environment, emerging themes, and portfolio concentrations
  • Communicate findings and discuss risk dynamics with the Head of IBR and senior trading business heads
  • Understand the firm’s risk appetite, limits, and our capital framework to allow effective optimization and allocation of risk
  • Closely track the performance of products across Global Markets, understanding the drivers of market movements to form a forward-looking view on material, concentration, and emerging risks
  • Possesses the ability to translate complex risk, P&L and market data into actionable insights and develop sophisticated solutions for monitoring first-line Market Risk
  • Support the Head of IBR and Business Heads in analyzing their return on capital and adherence to the firm's risk appetite framework
  • Work collaboratively with independent risk teams (2nd Line of Defense) to size appropriate risk limits for the business and monitor risk utilization
  • Drive the development of advanced data analytics tools and comprehensive risk monitoring frameworks by partnering with Technology, Quants, and asset-class specific IBR teams to enhance first-line risk management efficiency
  • Assist with regulatory inquiries and requirements
  • Provide thought leadership and mentorship to junior members of the team, fostering their professional development and ensuring the highest quality of analytical output

Requirements

  • 10+ years of experience, preferably in Fixed Income, or Equities Trading or Structuring/Quantitative Analysis, with a significant focus on managing Market Risk
  • Familiarity with risk management frameworks and ability to extract risk insights from portfolio metrics
  • Proven experience in leading or guiding junior analysts or team members
  • Deep subject matter expertise in at least one major asset class (e.g., EM Rates) and broad cross-asset class product and market knowledge
  • Exceptional analytical, quantitative, and numerical competency with strong attention to detail and problem-solving skills
  • Advanced programming skills in Python and SQL are an advantage
  • should be enthusiastic AI adopter/champion
  • Consistently clear and concise written and verbal communication skills, with the ability to engage effectively with senior stakeholders
  • Excellent interpersonal skills to develop and maintain strong relationships with trading desks, second-line risk teams, technology and other partners
  • Must be highly self-motivated and inquisitive, with a strong interest in financial markets, and trading

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