Job ID: 100133548048Posted: 2026-09-03Location: London, England, United KingdomCategory: Institutional Trading, ProfessionalCompany: CitiThe Rates In-Business Risk (IBR) team works with Global Rates trading teams in all major Markets locations to monitor, analyze and mitigate market and credit risks arising from the live risk portfolio of the business. The team also takes a leading role in capital reg implementation programs on behalf of Global Rates Front Office. In addition, the team is heavily involved in capital optimization initiatives that directly impact the return on capital for Global Rates. The primary mission of the team is to support the Front Office trading teams to manage their material risks and operate in a capital-efficient manner. This role is for a VP-level member of the Rates IBR Team, who will be primarily involved in SME work for Basel 3 Endgame / Fundamental Review of the Trading Book (FRTB) implementation and analytics. In addition, the individual will be involved in multiple analytical projects and workstreams; responding to new mandatory regulatory rulemaking and important supervisory requirements; building and maintaining the analytical thought process and infrastructure needed for a robust risk monitoring process and market risk capitalization as part of Front Office.Responsibilities: Responsibilities and priorities will reflect needs of the specific workstreams and will evolve over time, however the following are some of the specific activities expected of this role:Analysis of gaps and enhancements in the delivery of FRTB SA and IMA implementation for Global RatesProject management of stakeholder dependencies with key partner teams inside MarketsAnalysis of material drivers of market risk capital under B3E / FRTB and construction of analytical tools for market risk exposures and capital, highlighting key areas of capital optimization under FRTB SA and IMADevising capital optimization strategies and solutions under the FRTB regimeActive participation in reg-facing deliverables for the Front Office, as part of FRTB readiness reviewsContributing to the successful delivery of market risk projects (current Basel 2.5 regime) in line with overall Rates IBR book of workAnalysis and streamlining of the intraday risk calculation and reporting by the team’s Technology partnersEffective communication with key stakeholders – both internal and external to the Global Rates businessSubject matter expertise for internal queries relating to market risk issues and ad-hoc analytical projectsQualifications: Understanding of / experience with Market risk and sensitivities under the current market risk capital regime (Basel 2.5) and the future regime (Basel 3 Endgame / FRTB)Understanding of Markets trading products, particularly Rates cash and derivative products. Experience with fixed income pricing and market risk analyticsExposure to trading teams in a broker/dealer environment, preferably for Fixed Income / FX / Credit asset classesProficiency in excel modelling and data management techniques.High attention to detail and ability to manage and organize big data sets, thus adding tangible value along the chain: noise – data – information – knowledgeSelf-starter in Business Analytics tool-building initiativesFamiliarity with quantitative analytical and visualization tools, i.e. Python / SQL / Tableau Understanding of Front Office trading processes across the full trade lifecycle within a large bank/dealerHands-on experience to multi-task and prioritize in a challenging environment with competing priorities. High level of self-organization and self-managementStrong verbal and written communication skills, to effectively produce procedural documentationAbility to communicate complex technical issues both to non-technical colleagues and to seasoned quantitative executives within the organizationStrong interpersonal, influencing and organizational skills to mobilize and motivate delivery in a co-operative and collaborative working environmentStrong project management skills; ability to gain consensus among colleagues and drive initiatives to completion effectivelyEducation and Experience: Bachelor’s/University degree, with Master’s degree / CFA or similar qualifications a plusAppropriate industry knowledge & delivery track record------------------------------------------------------Job Family Group: Institutional Trading------------------------------------------------------Job Family:Trade Support------------------------------------------------------Time Type:------------------------------------------------------Most Relevant Skills Please see the requirements listed above.------------------------------------------------------Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------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.If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.View Citi’s EEO Policy Statement and the Know Your Rights poster.
Rates In-Business Market Risk Analyst - Vice President - London employer: Citigroup
Citi is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Sales Director, you will benefit from extensive training and mentorship opportunities, fostering your professional growth while working alongside industry leaders in FX Sales. With a strong commitment to integrity and inclusivity, Citi provides a supportive culture that empowers employees to excel and drive meaningful results for clients.
