At a Glance
- Tasks: Identify and manage market risks across diverse trading portfolios using data analysis and strategic insights.
- Company: Join Citi, a leading global financial services company with a commitment to innovation.
- Benefits: Enjoy competitive salary, comprehensive health benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on continuous learning and career advancement.
- Why this job: Make a real impact in the fast-paced world of trading and risk management.
- Qualifications: Experience in trading or related fields, strong analytical skills, and proficiency in Excel.
The predicted salary is between 63000 - 77000 £ per year.
Global Markets In-Business Risk (IBR) is a front office team responsible for market risk across all asset classes in Citi’s Global Markets division. The team develops a holistic understanding of market risk and evaluates the risk/reward and capital impact across the aggregated Markets’ trading portfolio to optimize the return on capital, within risk appetites. It covers Rates and Currencies, Spread Products, Commodities and Equities. This role is focused on the cross-asset portfolio risks arising from Markets trading activities.
What you will do:
- Identify and quantify current and emerging market risks within Markets’ trading inventory, leveraging data analysis, newsflow and research. Discuss these with head of IBR and trading businesses.
- Design appropriate hedging strategies as needed.
- Track asset performance and basis moves across markets. Understand the primary drivers, transmission mechanisms and second order impacts across asset classes.
- Connect the dots to produce a forward-looking view of material and emerging risks and potential PnL impacts.
- Understand the firm’s risk appetite, limits, and our capital framework to guide effective optimization and allocation of risk. This includes understanding VaR, Stress loss, FRTB, etc. at both Markets and material legal entity levels.
- Support head of IBR and trading businesses to analyze their return on capital and risk appetite ratio.
- Represent the business (1st Line of Defense) and work closely with independent risk teams (2nd Line of Defense) in sizing appropriate risk limits and managing their utilization for Markets business and some material legal entities.
- Assist with occasional regulatory questions and requirements, including non-US regulatory requests related to FRTB readiness.
- Work with Technology / MQA to improve risk monitoring framework for managing overall portfolio risk and capital utilization.
What we need from you:
- Experience in trading or trading strategy is preferred, otherwise experience in a related role such structuring, macro research or quantitative analysis, with a focus on managing market risk.
- Deep subject matter expertise in at least one asset class and the ability to draw parallels between emerging dynamics and risks in different asset classes.
- Strong interpersonal skills; to build relationships with trading desks and second line risk.
- Clear and concise written and verbal communication.
- Exceptional analytical competency, attention to detail and problem-solving skills.
- The candidate must be highly self-motivated, with a desire to learn and continuously improve their own understanding and their contribution to the team’s goals.
- An interest in geopolitics, financial markets and trading.
- Strong in MS Excel. Programming skills such as SQL and Python are preferred.
Education:
- Bachelor’s degree or master’s degree. Preferably in Economics, Engineering, Statistics, or Finance.
In-Business Risk Manager, Senior Vice President in London employer: CitiGroup
Citi is an exceptional employer that offers a dynamic work environment where employees can thrive and make a significant impact in the investment banking sector. With a strong focus on professional development, team collaboration, and community engagement, associates are empowered to grow their careers while contributing to meaningful projects within the Consumer, Luxury & Retail team. Located in a vibrant city, Citi provides unique opportunities for networking and exposure to leading global consumer players, making it an ideal place for ambitious professionals seeking rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land In-Business Risk Manager, Senior Vice President in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like CitiGroup. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace In-Business Risk Manager, Senior Vice President in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to CitiGroup.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on CitiGroup's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at CitiGroup
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with CitiGroup.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at CitiGroup will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former CitiGroup employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
