Market Risk Officer, Senior Vice President

Market Risk Senior Officer I

The Market Risk Senior Officer I is a strategic professional who closely follows latest trends in own field and adapts them for application within the job and the business. They possess excellent communication skills to negotiate internally, often at a senior level, and guide, influence and convince others, especially colleagues in other areas and occasional external customers. The role is accountable for significant direct business results or authoritative advice regarding the operations of the business, and it requires a degree of responsibility over technical strategy.

It primarily affects a sub‑function and includes staff management responsibilities such as resource allocation within the team or project. The Senior Officer measures, monitors and analyzes the organization’s market risk exposure on a day‑to‑day and long‑term basis for various financial products. They monitor trading limits and approve transactions over established limits, work with traders or trading management, recommend actions to mitigate risk, and structure solutions to mitigate risks of Citi products.

• Risk Management oversight of Market Risk function for Securitized Products trading including Agency and Non‑agency products with specific focus on Agency Mortgage Trading.
• Review and approve transactions, analyze exposures, sign off on daily risk metrics including VAR, daily stress testing and FRTB metrics.
• Drive projects to improve accuracy of Market Risk Analytics.
• Oversee and ensure the integrity of the risk monitoring process including quarterly limit reviews and material market risk reviews.
• Review and approve the risk framework for Market Risk for risk‑taking units.
• Monitor compliance with risk limits/triggers, permitted products and large, complex and illiquid pre‑trade approval thresholds.
• Frequent interaction with the 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.
• Interaction with regulators, auditors, senior business leaders and market risk management CRO.
• Partner, collaborate and work with other areas within Citi as necessary.
• Keep abreast of regulatory changes, new regulations and internal policy changes.
• Appropriately assess risk when business decisions are made, demonstrating particular 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 and escalating, managing and reporting control issues with transparency.

• 10+ years relevant experience.
• Degree in a quantitative or financial discipline.
• Advanced knowledge of financial instruments, risk metrics and Market Risk Management.
• Advanced analytical, technical and quantitative skills.
• Expert knowledge of treasury, market risk and liquidity management and knowledge of secured financing, securitization, and derivative products.
• Excellent written and verbal communication skills.
• Must be a self‑starter, flexible, innovative and adaptive.
• Highly motivated, detail oriented, team oriented and 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.

• Bachelor’s/University degree;
  Master’s degree preferred.

Other job-related duties may be assigned as required. The risk manager will be primarily responsible for agency mortgage trading with some additional responsibilities for non‑agency products.

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi…