Senior Risk Manager, Market Risk

6 days ago


New York, New York, United States Hispanic Technology Executive Council Full time
Job Description

Job Title: Senior Risk Manager, Market Risk

Job Summary:

We are seeking a highly skilled Senior Risk Manager to join our Market Risk team. The successful candidate will be responsible for identifying and evaluating market risks generated by our Global Rates business. This includes working with trading desks, communicating with risk colleagues, and building spreadsheets to analyze risk and market data.

Key Responsibilities:

  • Be accountable for the identification and evaluation of market risks generated by the Global Rates business.
  • Work closely with trading desks to ensure that reported exposures are correct and cover the main drivers of risk and potential P/L.
  • Contribute to the development or production of metrics used to satisfy regulatory requirements and stress testing processes.
  • Review and validate assumptions in risk models used by underlying business units and analyze the impact of model changes.
  • Work closely with Financial Control, Price Verification, and Model Validation groups to ensure that proper controls are in place.
  • Help with reviews of new business proposals, including risk limits setting and monitoring, and ensuring risks can be fully captured within the firm's systems.

Requirements:

  • Proven experience in rates non-linear markets with good knowledge of the markets, products, and risk.
  • Good quantitative level of experience with rate products and their risks.
  • Experience with portfolio risk measurement techniques, including VAR and stress testing.
  • Strong relationship management and liaison with business people of all levels.
  • Must be dedicated to information integrity and to producing high-quality and insightful output.
  • Good presentation and communication skills.
  • Bachelor's level degree, Master's or PhD can be useful. Familiarity with financial or statistical modeling is beneficial.
  • Strong experience and facility with Excel, including VBA and add-in functions, ideally with experience of using financial pricing functions.

What We Offer:

Citi is an equal opportunity and affirmative action employer. We offer a competitive salary and benefits package, including medical, dental, and vision coverage, 401(k), life, accident, and disability insurance, and wellness programs.

About Us:

The Hispanic Technology Executive Council is a leading organization in the technology industry, dedicated to promoting diversity and inclusion. We are committed to creating a workplace that is inclusive and respectful of all employees, regardless of their background or identity.



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