In-Business Risk Manager Job at Citi (New York)

In-Business Risk Manager, Senior Vice President

Global Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense team...

Location

United Kingdom , London

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Experience in a related role, such as Trading/Structuring/Research or quantitative analysis, with a focus on managing market risk
Risk taking experience is a benefit
Deep subject matter expertise on at least one asset class is beneficial
Ability to draw parallels between emerging dynamics and risks in different asset classes
Strong interpersonal skills
Clear and concise written and verbal communication
Exceptional analytical competency, attention to detail and problem-solving skills
Highly self-motivated, with a desire to learn and continuously improve
An interest in geopolitics, financial markets and trading
Strong in MS Excel

Job Responsibility

Proactively identify and quantify key market risks within Markets’ trading inventory via data analysis
Communicate and discuss risks with head of IBR and trading businesses
Help design appropriate hedging strategy as needed
Closely track performances of products across Global Markets
Understand the drivers of market movements across different asset classes
Analyze notable trends to form relative value and forward-looking view of material, concentration, and emerging risks
Understand the firm’s risk appetite, limits, and our capital framework to allow effective optimization and allocation of risk
Build front to back holistic understanding of risk and its implications on all attributions of capital
Support head of IBR and trading businesses to analyze their return on capital and risk appetite ratio
Work closely with independent risk teams (2nd Line of Defense) in sizing appropriate risk limits for Markets business

Fulltime

In-business Risk 1LOD Manager

An individual in Enterprise Risk Management plays a critical role in managing th...

Location

India , Chennai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

5-8 years of experience
Thorough understanding of risk and control assessments
Proficiency in diagnosing root causes and developing corrective actions
Comprehensive knowledge of operational and compliance risks
Deep awareness and understanding of the industry's laws, rules, and regulations
Proven track record in evaluating business changes and managing risk exposures
Experience in monitoring control breaches and leveraging lessons learned for process improvements
Demonstrated experience in implementing governance mechanisms to manage risk profiles
History of enforcing compliant standards and procedures in risk management
Working proficiency in using software for risk assessments, data analysis, and reporting

Job Responsibility

Conduct risk and control assessments promptly aligning with existing standards
Continually enhance control capabilities, develop interim tools, and strategize monitoring solutions to fortify against potential regulation breaches and misconduct
Assist in coordinating governance and facilitating risk management assessments to ensure the accuracy and completeness of the Manager Control Assessment (MCA)
Contribute to the implementation and oversight of the Control Framework, including various policies and the Control Inventory
Drive innovative risk analysis, provide updates on risk management, and aid in timely risk reporting
Support root cause identification and corrective action recommendations to prevent potential breaches of regulation
Develop communication materials for varied audiences and lead risk management training initiatives
Analyze risks associated with new activities and business changes, ensuring effective management
Contribute to risk management, adhering to policy requirements, and support the response to Risk events
Assist in embedding risk and control responsibilities within business units and implementing standards and procedures

Fulltime

In-Business Market Risk Manager - Director

The Global Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense ...

Location

Singapore , Singapore

Salary:

Not provided

Citi

Expiration Date

Until further notice

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 managements 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
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
Bachelor's or Master's degree, preferably in a quantitative field such as Finance, Economics, Engineering, or Statistics

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

Fulltime

In-Business Market Risk Manager - Director

The Global Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense ...

Location

Hong Kong SAR , Hong Kong

Salary:

Not provided

Citi

Expiration Date

Until further notice

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

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

Fulltime

Senior Vice President, In-Business Risk 1LOD Group Manager, Services

An individual in Enterprise Risk Management plays a critical role in managing th...

Location

Japan , Chiyoda, Tokyo

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

10+ years of experience in Operational Risk Management, Audit, Compliance or other control function
Experience in assessing risks and evaluating controls in collaboration with various teams
Proven ability to design and lead projects to enhance processes
Knowledge of evolving requirements and their impacts
Expertise in maintaining a robust Manager’s Control Assessment (MCA) in compliance with risk policies
Proficiency in applying requirements and implementing compliance policies
Experience in liaising with Compliance Assurance and Internal Audit for issue resolution
Ability to maintain oversight through metrics review and corrective action plans tracking
Proven ability in preparing presentations on developments and emerging risks for senior management
Experience serving as a primary contact for audit groups

Job Responsibility

Monitor the business changes and predict possible risk scenarios
Design and lead projects to execute control enhancements over processes
Document processes developed, actions taken and track matters to ensure resolution
Collaborate with ICRM regularly to ensure correct interpretation and application of requirements
Assess potential modifications to compliance policies, contemplate their effects, and collaborate with significant parties to ensure effective implementation
Liaise with Compliance Assurance and Internal Audit to facilitate resolution of any issues identified
Maintain oversight through review of metrics, monitoring of activity, and tracking of corrective action plans
Prepare presentations to update senior management and various governance committees on developments, emerging risks, control issues, and enhancements
Assist the Business in key policy adherence and monitoring
Update and maintain a robust Manager’s Control Assessment (MCA) in compliance with the Citi’s Risk Policy

Fulltime

In-business risk 1lod regulatory risk lead analyst

The Regulatory Change and Regulatory Management Team within the Banking Risk Tea...

Location

Hungary , Budapest

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Minimum experience of 9-10 years in a Compliance, Internal or External Audit, Legal or other control-related function in a financial services firm, regulatory organization, legal/consulting firm, or a combination thereof
Strong analytical and problem-solving skills
Excellent written and verbal communication skills
Ability to influence and negotiate effectively in a cross-functional team environment
Proactive and results-oriented
Strong organizational and time management skills
Ability to operate independently
Bachelor's/University degree, Master's degree preferred.

Job Responsibility

Perform Impact Assessments for regulatory changes, promptly addressing the book of work to ensure timely completion of assessments
Where regulatory changes require Action Plans, facilitate closure of these in collaboration with the appropriate stakeholders and implementation task owners
Support execution of regulatory applicability and control mapping activities across Tier 1 and Tier 2 regulations for Banking and International
Critically review the requirements, and challenge applicability of, regulatory changes and regulatory obligations for the business
Use data analysis tools (e.g. Excel, Tableau) to extract and interpret data to support stakeholder queries & issue resolution
Effectively collaborate and partner with a wide variety of stakeholders to drive discussions within and outside the Regulatory Change and Management Team
Promote knowledge sharing and best practices across the Team
Escalate to management matters that require their attention or action
Support as an in-country lead for the regulatory change team in Budapest
Additional duties as assigned

What we offer

Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work - life balance
Career progression opportunities across geographies and business lines

Fulltime

New

In-Business Risk 1LOD Lead Analyst - Vice President

An individual in Enterprise Risk Management plays a critical role in managing th...

Location

India , Pune

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

6-10 years of experience in Operational Risk Management, Audit, Compliance or other control function
Understanding of how to lead strong governance and controls, and build a culture of responsible finance, good governance, and ethics.
Familiarity with the firm's Code of Conduct, Plan of Supervision, and policies and procedures.
Background in collaborating with business partners on Audit, Compliance, and Regulatory findings and remediation efforts.
Familiarity with enhancing, automating, or simplifying control processes as well as monitoring control exceptions and breaches.
Knowledge of risk assessment, compliance with laws, rules, and regulations, and managing and reporting control issues.
Proven ability to design and lead projects that enhance processes, showcasing creativity in problem-solving complex situations.
Maintains knowledge of evolving requirements and their impacts, responsible for significant business results and technical strategy.
Demonstrates expertise in maintaining a robust Manager's Control Assessment in compliance with risk policies, affecting primarily a sub-function.
Proficient in applying requirements and implementing compliance policies, communicating effectively across the organization.

Job Responsibility

Leads risk and control assessments in line with established standards, provides risk mitigation recommendations.
Collaborates on audit, compliance, and regulatory findings, drives remediation efforts, sets up the quarterly audit process, and oversees the procedural implementation and change management to ensure sound governance and controls.
Enhances and automates control processes, monitors control exceptions and breaches.
Establishes and promotes strong governance, controls, and a culture of responsible finance, contributing to the implementation and oversight of the Control Framework.
Adheres to firm's Code of Conduct, Plan of Supervision, and all role-specific policies and procedures.
Manages risk evaluation in business decisions, ensures compliance with laws and regulations, promptly reports control issues, identifies root causes, and recommends corrective actions to prevent potential breaches.
Maintains updated knowledge in conducting risk and control assessments and effectively influences others.
Drives innovative risk analysis, ensures timely risk reporting, develops key communication materials, leads risk management training, and effectively manages risks related to new activities and business changes.
Assists in governance coordination, facilitates MCA risk assessments, adheres to policy, supports risk event responses, and integrates risk and control responsibilities within business units.
Enhances control capabilities, creates interim tools, strategizes monitoring solutions, applies business insights to implement control processes, and collaborates with stakeholders for firm protection and process improvements.

Fulltime

In-Business Risk 1LOD Sr. Analyst - C12

An individual in Enterprise Risk Management plays a critical role in managing th...

Location

Costa Rica , Heredia

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Bachelors degree
5-8 years of experience
Thorough understanding of risk and control assessments
Proficiency in diagnosing root causes and developing corrective actions
Comprehensive knowledge of operational and compliance risks
Deep awareness and understanding of the industry's laws, rules, and regulations
Proven track record in evaluating business changes and managing risk exposures
Experience in monitoring control breaches and leveraging lessons learned for process improvements
Demonstrated experience in implementing governance mechanisms to manage risk profiles
History of enforcing compliant standards and procedures in risk management

Job Responsibility

Conduct risk and control assessments promptly aligning with existing standards
Continually enhance control capabilities, develop interim tools, and strategize monitoring solutions to fortify against potential regulation breaches and misconduct
Assist in coordinating governance and facilitating risk management assessments to ensure the accuracy and completeness of the Manager Control Assessment (MCA)
Contribute to the implementation and oversight of the Control Framework, including various policies and the Control Inventory
Drive innovative risk analysis, provide updates on risk management, and aid in timely risk reporting
Support root cause identification and corrective action recommendations to prevent potential breaches of regulation
Develop communication materials for varied audiences and lead risk management training initiatives
Analyze risks associated with new activities and business changes, ensuring effective management
Contribute to risk management, adhering to policy requirements, and support the response to Risk events
Assist in embedding risk and control responsibilities within business units and implementing standards and procedures

Fulltime

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In-Business Risk Manager

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