Spread In Business Risk Trader - Analyst

Responsibilities

• Quantitative & Analytical Projects
  • Work on projects with the IBR team and line traders to analyse market, risk and PnL data, developing quantitative tools to optimise capital allocation.
  • Explain risk factor sensitivity through Profit Attribution Analysis (PAA).
  • Inform hedging strategy via scenario analysis, including stress scenario design.
  • Identify and track systemic and idiosyncratic risk concentrations.
• Business Unit Activities
  • Learn and understand how trading credit works, the risks taken and how they are managed.
  • Closely track the performance of various credit and macro markets, reporting impact on risk and PnL performance.
  • Monitor risk limit utilisations across businesses.
  • Develop a forward-looking view of material risks.
  • Provide weekly market commentary to senior management.
  • Strengthen the risk monitoring framework that allows the business to manage overall risk positions in real time.
• Trading Book & Revenue
  • Assist with a trading book and generate revenues while managing risk for the respective business.
  • Coordinate with Sales, Research, Capital Markets and other organisations across Markets and Securities Services.
  • Coordinate with desk analysts and sales to develop the franchise.
• Governance & Controls
  • Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, and Finance to ensure appropriate governance and control infrastructure.
  • Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
  • Appropriately assess risk/reward of transactions when making business decisions, demonstrating proper consideration for the firm's reputation.
  • Be familiar with and adhere to Citi's Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
  • Adhere to all policies and procedures as defined by the role; obtain and maintain all required registrations and licences within the appropriate timeframe.
  • Escalate, manage and report control issues with transparency.

Qualifications & Profile

• Entry-level but some experience preferred.
• Strong analytical and quantitative background with strong attention to detail.
• Good programming skill (Python).
• Interest to learn and understand various asset classes and associated risks.
• Ability to multi-task and work in a dynamic environment under tight deadlines with changing priorities.
• Consistently demonstrates clear and concise written and verbal communication.
• Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.
• Competent with latest AI tools – including generative AI, LLM-based assistants and AI-augmented analytics platforms.

Nice to Have

• Ability to develop quantitative tools to optimise risk/return – including scenario engines, attribution models, or capital allocation frameworks.

Regulatory Information

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, Integrity and Reputation.
• Financial soundness.
• Competence and capability.

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Equal Employment Opportunity Statement

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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