ICM Counterparty Credit Risk Analytics

Job Description:

Join Citi's Institutional Credit Management (ICM) group, a critical First Line of Defense for wholesale and counterparty credit risk. This is an unparalleled opportunity to design, develop, and deploy cutting-edge, data-driven solutions that fortify our firm’s risk management strategies. You will play a pivotal role in ensuring robust and effective risk management across the organization, directly impacting Citi's strategic direction by aligning business and regulatory goals. Key responsibilities of the group include stress testing, trade advisory, exposure monitoring, risk identification, and credit analysis.

Responsibilities:

• Design, develop, and optimize advanced quantitative tools for counterparty exposure management, including PFE, factor sensitivity, risk capital, and stress testing
• Partner with Sales & Trading, CVA, and Market Risk teams to ensure comprehensive coverage of counterparty and liquidity risk measures across all derivatives and financing products
• Collaborate with Quantitative Risk, Markets Analytics teams, Technology, and Model Validation groups on CCR model development to address new products or risk areas
• Engage with business managers and In-Business Risk teams on new product approvals, margin model development, risk adjustments, and real-time monitoring and controls
• Oversee pre-trade approvals for large, complex, and illiquid transactions, and actively monitor client portfolios to mitigate credit, liquidity, legal, and reputational risks
• Analyze Factor Sensitivities and provide insights on counterparty exposures to senior management
• Leverage large, complex data sets to evaluate, recommend, and implement credit risk strategies

Developmental Value:

• Significant career advancement opportunities within a leading global financial institution, with a direct influence on the Bank’s strategic risk management direction
• A stimulating intellectual environment that fosters continuous learning, professional development, and innovation
• Gain extensive knowledge across a broad spectrum of risk management disciplines and complex financial products
• Collaborate with a diverse and talented global team of professionals in London, Singapore, and New York

Recommended Qualifications:

• Experience in market or credit risk management, or a strong quantitative background with a keen interest in financial risk
• Exceptional analytical abilities, capable of designing innovative and scalable solutions to complex financial problems
• In-depth understanding of global financial markets, comprehensive risk management principles, and various financial products
• Excellent verbal and written communication skills, with the ability to articulate complex technical concepts clearly and concisely to both technical and non-technical audiences, including senior management
• A self-starter who thrives in a collaborative team environment, demonstrates strong leadership potential, and can effectively drive initiatives from conception to completion.
• Programming skills preferred, with experience in developing quantitative models and working with large, complex financial datasets

Education:

• Bachelor’s degree in a quantitative field such as Mathematics, Engineering, Computer Science, or a related discipline