Product Developer, Citi

Citi

Location:
United Kingdom, London

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Enterprise Data Office is a critical component of Citi’s Data Transformation initiative and is responsible for data remediation and product development for wholesale and counterparty credit risk management. The Product Development team builds tools for in-depth quantitative or qualitative analysis, helps measure, monitor, and control counterparty and collateral risk to ensure risks are accurately managed in line with the firm's policies.

Job Responsibility:

Lead product development team for XVA Stress Loss, Loans stress loss and Private Equity Stress Test that includes high priority BAU and Regulatory deliverables
Define business requirements, finalize technology solutions, infrastructure design and UAT Impact Analysis
Work in close co-ordination with in-business risk managers, second line risk managers and senior stakeholders to understand their priorities and build the technology book of work
Work with technology to build infrastructure for effective, accurate and timely risk management and reporting for XVA and Loans
Lead a team of BA/PMs to provide governance around the XVA and Loans workstreams
Help track and address data and methodology issues, develop weekly metrics and remediation plans for technology fixes
Build and track coverage metrics and help resolve coverage issues
Work with technology to understand front office, credit and market risk infrastructure, systems and data flows
Identify and document gaps and suggest improvements for target state build-out
Communicate key findings and issues to senior management and provide regular status updates
Create presentations and documents for internal and regulatory use on various topics including, stress methodologies, and summarizing stress testing issues

Requirements:

SME in counterparty credit risk, risk management concepts, data, systems and processes
Understanding of Derivatives, SFTs and other wholesale products
Understanding of stress testing, credit and market data, pricing, calculations and reporting
Strong Excel skills ideally incorporating VBA (Visual Basic for Applications)
Experience handling large volumes of data, database programming skills, Python, R or other statistical languages is a plus
Large scale project management experience
Strong analytical and problem solving skills with good attention to detail and a demonstrated aptitude for tackling issues
Ability to work well with cross-functional teams from Business, Credit, Operations and Compliance
Strong written and verbal communication skills
Intellectual curiosity, analytical and conceptual
Ability to collaborate and clearly communicate with senior members of an organization
Excellent written and oral communication skills
Ability to work independently as well as in a team environment.

Nice to have:

Experience handling large volumes of data, database programming skills, Python, R or other statistical languages is a plus
Intellectual curiosity, analytical and conceptual

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 Program
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:
August 05, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Product Developer