Market Risk Analyst, Citi

Citi

Location:
United Kingdom, London

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

This position provides an excellent opportunity for a quantitative risk analyst with a background in market risk to work within Citi’s Legal Entities in London. The successful candidate will be responsible for critical deliverables involving complex market risk models related to the bank’s Basel 2.5 implementation in line with Citi's internal and regulatory standards. The role offers an excellent opportunity to be at the centre of market risk model methodology developments and interact with internal functions and senior management within the bank.

Job Responsibility:

Develop methodology for quantitative analysis required on various work streams for Basel 2.5 implementation within the bank
Provide robust, controlled, reusable, and scalable analytics capabilities to address specific Legal Entities requirements (VaR breach analysis, Backtesting, ad-hoc analyses requested by other teams)
Produce high quality documentation for models, interact with the model validation team
Work with existing market risk models as required, and provide solutions where weaknesses are identified in testing, or where new business needs require model enhancements
Interact confidently with other risk management teams, governance teams, the front office, technology and control groups to implement improvements to the market risk models and to support any related production processes
Prepare reports and detailed quantitative analysis for presentation to senior management and regulators
Pro-actively develop deep knowledge of the forthcoming Market Risk regulations of the Fundamental Review of the Trading Book (FRTB) and its application in the legal entity

Requirements:

Experience in Risk and knowledge of one or more of the following is an advantage: derivatives pricing, exotic products, risk management practices, regulation, numerical computation, statistics
Experience in developing complex end-to-end models, including: identifying key steps, data analysis, ability to provide critical insights and original solutions
Expert level hands-on IT skills (for example: Python, C/C++, SQL, Excel, and other quantitative analytics software) are required
Excellent oral and written communication skills
Ability to communicate with people at all levels of seniority in the organization
Ability to listen and understand stakeholders’ needs and find effective/comprehensive solutions
Educated to postgraduate level (preferably MSc or PhD in financial, mathematical or similar quantitative field), with an excellent academic record

What we offer:

Generous holiday allowance starting at 27 days plus bank holidays
increasing with tenure
A discretional annual performance related bonus
Private medical insurance packages to suit your personal circumstances
Employee Assistance Programme
Pension Plan
Paid Parental Leave
Special discounts for employees, family, and friends
Access to an array of learning and development resources

Additional Information:

Job Posted:
July 12, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Market Risk Analyst