Emerging Markets - Market Risk Manager -VP

Discover your future at Citi

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Job Overview

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview:

The Rates team within the Market Risk Management group is responsible for the oversight of this business. This role is for a Market Risk Manager with solid market risk and/or the rates/credit markets, to join our existing Rates team in the region and will be focused on managing the market risks associated with the CEEMEA Rates Trading business.

The successful candidate must be able to build effective relationships with front office and other groups as well as risk colleagues, challenge assumptions, be comfortable with quantitatively complex issues, willing to work at a detailed level and be a producer of high quality and insightful output.  The candidate should have a good technical knowledge of interest rate or credit products and/or market risk approaches and should show an enthusiasm to learn about the nuances of emerging markets.

What you’ll do

• Daily monitoring of risks. Identification and evaluation of market risks generated by the CEEMEA Rates business.  Performing ad-hoc scenarios.
• Communication with trading desks to fully understand risks and collegiately work towards solutions for improved risk management, and work closely with stakeholders locally and globally to ensure that proper controls are in place.
• Candidate must be comfortable discussing rates or credit products and building tools to analyse portfolio risks and individual trades.
• Working to ensure that the reported risks are correct; assisting in resolution of any technology issues, liaising with other stakeholders where needed, and escalating where necessary; and contribute to the development or production of metrics used to satisfy regulatory requirements and stress testing processes.
• Assist with periodic preparation of presentation materials for senior management and internal discussions.  Ability to speak as needed on market events.
• Review and validate assumptions in pricing models used by underlying business unit(s) and analyse the impact of model changes.
• Assist in asset class and non asset class specific projects, including around data integrity and suitability.
• Assist with review of new business proposals including risk limit monitoring and ensuring risks can be fully captured within the firm’s systems.

What we’ll need from you

• Several years of market risk experience or similar with experience in rates or credit markets and quantitative knowledge of markets, products, models and risk. 
• Some experience with emerging markets rates products in the CEEMEA region and their risks is beneficial but not vital.
• Experience with portfolio risk measurement techniques including VAR and stress testing.
• Relationship management skills – both building relationships and challenging where needed.
• Must be dedicated to information integrity and to producing high quality and insightful output and hitting deadlines where applicable.   Must be prepared to go into as much detail as is required to resolve issues.  Must be capable of working very productively using time very efficiently.
• Good presentation and communication skills.
• Knowledge of data management and Business Intelligence tools would be advantageous.

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as: 

• 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.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. #LI-TM3

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Job Family Group:

Risk Management

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Job Family:

Market Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Credible Challenge, Data Analysis, Governance, Industry Knowledge, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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