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Global Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense team responsible for market risk across all asset classes in Citi’s Global Markets division. The team develops a holistic understanding of market risk across the aggregated trading portfolio, and the associated capital impact, in order to manage risk within appetites and optimize the return on capital. The focus of this role is the coverage of cross-asset portfolio risks arising from the Markets business/trading activities.
Job Responsibility:
Proactively identify and quantify key market risks within Markets’ trading inventory via data analysis
Closely track performances of products across Global Markets
Understand the firm’s risk appetite, limits, and our capital framework
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
Assist with occasional regulatory questions and requirements
Work with Technology / MQA to develop and improve comprehensive risk monitoring framework
Requirements:
Experience in a related role, such as Trading/Structuring/Research or quantitative analysis, with a focus on managing market risk
Deep subject matter expertise on at least one asset class is beneficial
Strong interpersonal skills
Clear and concise written and verbal communication
Exceptional analytical competency, attention to detail and problem-solving skills
Highly self-motivated
An interest in geopolitics, financial markets and trading
Strong in MS Excel
Programing skills such as SQL and python are preferred
Bachelor’s degree or master’s degree. Preferably in Economics, Engineering, Statistics, or Finance
Nice to have:
Risk taking experience
Ability to draw parallels between emerging dynamics and risks in different asset classes
What we offer:
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
Discretionary and formulaic incentive and retention awards