GSP Product Developer, VP
Tampa, Florida| New York, New York
Job ID 20228536Overview
Citi’s technology team is growing at lightning speed, and we’re looking for talented technologists to help build the future of global banking. Our teams are creating innovations used across the globe – we’re changing the way people bank and how the world does business. Citi’s technology team supports business operations in 100+ countries, across multiple lines of business spanning both Institutional and retail businesses. The group works to optimize the IT environment by standardizing production platforms, reducing complexity, and introducing innovative solutions that provide new business capabilities, reduce total cost of ownership, and create a competitive advantage for Citi. Join an environment with a laser focus on growth and progress, and take your career to the next level through the power of Citi’s unmatched globality and vast expertise.
Success Profile
As the world’s most global bank, Citi gives you the tools to be a trailblazer. We’re not just building technology, we’re building the future of banking. With thousands of employees located around the globe, we are an international team encompassing a broad range of teams, roles, and cultures, and we invite you to come and join us!
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Responsibilities
Role: Global Spread Products is seeking an experienced Risk Product Developer. This person will work closely with the front office and technology on multiple fronts to help execute strategic goals. This team sits at the intersection of sales, trading, structuring, capital markets origination and technology and is responsible for implementing process improvements and realizing senior management's vision. Our team oversees a wide array of front office systems including pricing and risk, trade capture, inventory management, origination, securitization, sales dashboards, management reporting, electronic trading and database management.
Background: Global Spread Products is the primary source of capital for corporations, governments, and non-profits, providing liquidity and innovative solutions globally across the credit, municipal, and securitized markets.
Job Responsibilities:
- Work with GSP Risk IT, Quants and risk management and help drive the strategic risk infrastructure (XiNG) being rolled out across Markets and Securities Services (MSS) and retirement of legacy GSP risk systems
- Lead the effort with GSP desks, CRO to help formulate and implement the GSP wide risk reporting platform (SPARTA) to visualize portfolio risk and limits in various dimensions and levels
- Partner with GSP desks, GSP IT to help reduce manual adjustments and continued automation of T0 Flash P&L and retire related End User Computing (EUC) spreadsheets
- Lead the Profit Attribution Analysis (PAA) projects with Product Control and Risk IT such as standardized feeds to Xing Risk Store (XRS) , Front to Back reconciliation, PAA taxonomy standardization, Economic PAA, PAA adjustment reduction
- Help with MSS wide risk and control initiatives such as FRTB, transition to Risk Free Rate (RFR) from Libor, Unchanged Marks monitoring
- Help to prioritize and coordinate the GSP Risk IT work slate
Required Skills and Qualifications
- Candidate is required to have a BA/BS in a quantitative field
- Basic Quantitative skills (statistics, bond math) is required
- 10 years’ experience in risk analytics/valuation and/or risk technology in capital markets
- Knowledge of market risk concepts such as risk factors, VaR, Stress Test
- Knowledge of market risk regulations such as Basel III, FRTB, Volcker Rule
- Knowledge of fixed income and rates markets and products
- Ability to work in a dynamic environment under tight deadlines with changing priorities
- Excellent communication, organizational and interpersonal skills, as well as the ability to multi-task under tight deadlines
- Working knowledge of some of the technologies used in risk applications
- Must have strong attention to detail, be self-motivated and inquisitive with an interest in financial markets
- Demonstrated ability in prior jobs to set strategy and manage and deliver complex projects in tight timeframe working with multiple functional groups (Front Office, IT, Product Control, Risk Management etc)
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Job Family Group:
Product Management and Development-------------------------------------------------
Job Family:
Product Development------------------------------------------------------
Time Type:
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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.
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