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The Market Risk Senior Officer I is a strategic professional who closely follows the Equities Markets and oversees market risk coverage of the Global Equities desks. The Equity Market Risk team is responsible for measuring, monitoring, and analyzing the organization’s market risk exposure on a day-to-day and long-term basis for various financial products traded in Global Equities. Individuals monitor trading limits and are responsible for approving transactions over certain established thresholds. Market Risk managers work with traders or trading management and recommend actions to mitigate risk. The candidate will have experience in Equities Markets, knowledge of Market Risk Framework and Policy, and Market Risk management metrics and tools. She will have excellent communication skills to influence risk discussions, often with senior Traders and other control partners. The candidate will function as a part of global team and be accountable for the 2nd line risk management coverage of several businesses and operations within Global Equities. Responsibilities may include handling staff management issues, including resource management and allocation of work within the team/project.
Job Responsibility
Market Risk Management oversight of Global Equities
Review and approve transactions
Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency
Overseeing and ensuring the integrity of the risk monitoring process
Review and approve risk framework for Market Risk for risk-taking units Monitor compliance with risk limits/triggers
Drive Projects to improve accuracy of Market Risk Analytics
Frequent interaction with Financial Division to understand sources of market risk variation. Interaction with Model Validation, Risk Analytics and Financial Control to ensure thorough concise of methodologies and models. Interaction with Market and Credit Risk Managers to improve accuracy of regulatory and management reporting. Partnering, collaborating, and working with other areas within Citi, as necessary
Interaction with regulators and auditors
Keeping abreast of regulatory changes, new regulations, and internal policy changes
Requirements
10+ years relevant experience in Equities Market Risk or Trading, Degree in a Quantitative or Financial discipline
Advanced knowledge of Equity Markets and Products. Knowledge of Equity Derivatives products as a trader or risk manager
Excellent written and verbal communication skills. Self-starter, flexible, innovative, and adaptive. Highly motivated, attention to detail, team oriented, organized
Developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
Ability to work collaboratively and with people at all levels of the organization
Excellent project management and organizational skills and capability to handle multiple projects at one time
Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL. Programming/modeling experience beneficial
Nice to have
Programming/modeling experience
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