• Job Description

  Req#: 24765953

  Job Purpose:

  As a vital member the global Institutional Credit Management (ICM) group, you will be at the forefront of designing, developing, and deploying solutions that fortify our firm’s risk management strategies. Your expertise will play a crucial role in enhancing our data-driven decision-making processes, ensuring robust and effective risk management across the organization.

  Job Background/Context:

  ICM is a critical component of Citi’s First Line of Defense for wholesale and counterparty credit risk management. ICM works with Independent Risk teams to ensure best-in-class risk, controls, and client responsiveness. Key responsibilities of the group include stress testing, exposure monitoring, risk identification, and credit analysis. ICM coordinates with credit management groups across ICG businesses to ensure full alignment on business and regulatory goals, as well as consistency and best practices where appropriate.

  
  Responsibilities:

  • Develop and enhance tools for the measurement, monitoring, and management of counterparty exposure including PFE, risk capital, wrong way risk, and stress testing
  • Actively liaise with Sales & Trading, CVA, and Market Risk managers to ensure comprehensive coverage of counterparty and liquidity risk measures across all derivatives and financing products
  • Closely work with Quantitative Risk and Markets Analytics teams, Technology, and Model Validation groups on CCR model development and evolution of CCR models to address new products or risk areas
  • Work with business managers and In-Business Risk teams on new product approvals, margin model development, and real-time monitoring and controls
  • Monitor client portfolios to ensure that risks are controlled - primarily credit risk arising from market sensitive exposure and liquidity risk, but also documentation, legal, and reputational risks
  • Design and deploy big data flows tailored to business needs for Counterparty Credit Risk Management and Early Warning Credit Management
  • Work with large and complex data sets, both internal and external, to evaluate, recommend, and support the implementation of credit risk strategies
  • Responsible for ensuring compliance with all Risk and Control requirements throughout the technical process, including documentation, testing, and ongoing performance monitoring

  Developmental Value:

  • Opportunity to expand your role as the function grows
  • Gain extensive knowledge in risk management and financial products
  • Influence the strategic direction of the Bank from a risk management perspective
  • Collaborate with a diverse and global team of professionals in London, Singapore, and New York

  
  Skills and Experience:

  • Experience with managing market or credit risk OR training in finance, mathematics, or quantitative fields
  • Understanding of multiples asset classes including rates, equities, foreign exchange, credit, and commodities

  Education:

  • Bachelor’s degree in mathematics, science, finance, economics, or a related field

  Competencies:

  • Advanced analytic ability and problem-solving skills
  • Entrepreneurial
  • Excellent communication and interpersonal skills, be organized, detail oriented, flexible and adaptive to work environment
  • Ability to work independently as well as in a team environment

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  Job Family Group:

  Decision Management

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  Job Family:

  Specialized Analytics (Data Science/Computational Statistics)

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  Time Type:

  Full time

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  Primary Location:

  New York New York United States

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  Primary Location Full Time Salary Range:

  $121,200.00 - $181,800.00

  
  In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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  Anticipated Posting Close Date:

  Jan 14, 2025

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  Citi is an equal opportunity and affirmative action employer.

  Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

  Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .

  View the "EEO is the Law " poster. View the EEO is the Law Supplement .

  View the EEO Policy Statement .

  View the Pay Transparency Posting

• About the company

  While we're a global bank, our mission is simple: We responsibly provide financial services that enable growth and economic progress. We strive to earn and maintain the public's trust by constantly adhering to the highest ethical standards. We ask our colleagues to ensure that their decisions pass three tests: they are in our clients' interests, create economic value, and are always systemically responsible. When we do these things well, we make a positive financial and social impact in the communities we serve and show what a global bank can do.

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