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Citi · 1 day ago

In-Business Risk Director for Equity Derivatives and Clearing Businesses

New York, NY

Full-time

Onsite

Lead/Staff

$200K/yr - $300K/yr

Citi is looking for a senior in-business risk professional who will report into the Global Head of In-Business Risk and have responsibility for counterparty and platform risk management. This role involves overseeing client trading activity, communicating risk views to senior management, and driving solutions through collaboration with key partners.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Oversee client trading activity and monitor active portfolios to ensure that risks are controlled and optimally sized

Communicate risk view to senior management and represent IBR in senior forums with key stakeholders across the firm. Be able to articulate and defend a divergent view

Perform trade and portfolio risk analysis incorporating scenario stress testing, sensitivity analysis, and assess margin adequacy

Interface with clients to help Citi grow the platform and find win-win outcomes

Formulate views around product risk appetite and be able to review and challenge business stakeholders 'asks'

Drive solutions that require creative thinking and collaborating with key partners in Structuring, Trading, Sales, and Risk

Establish limit structures/controls and processes to ensure that clients operate within limits

Modernize intraday risk and margin controls and processes

Work closely with Sales/Client Onboarding teams at inception to facilitate new client relationships

Work with partners in Market Risk, Quant (MQA), and others and stress test developers to create and utilize models for accurate measurement of clients’ overnight or intraday exposure. This may encompass VaR, scenario stress testing, sensitivities, and liquidation costs

Prioritize risk management product development projects with partners in product development and IT

Qualification

Equity Derivatives expertiseRisk management experienceScenario stress testingQuantitative modellingProgramming skillsAnalytical skillsProcess re-engineeringCommunication skillsCollaboration skillsAttention to detail

Required

Extensive experience actively managing risk (1LoD) in an institutional setting

Expertise in Equity Derivatives products (vanilla and exotic OTC derivatives, QIS and hybrids) and Clearing markets across Exchange Traded Derivatives (ETDs) and OTC cleared derivatives

Exceptional analytical skills with strong attention to detail and a demonstrated aptitude for tackling analytical issues through quantitative modelling

Ability to work collaboratively with cross-functional teams from Structuring, Sales, Trading, Credit Risk, Operations and Compliance

Excellent written and verbal communication skills

Keen ability to balance risk and reward to facilitate business growth while effectively managing risk

Ability to challenge the status quo and re-engineer processes, looking for ways to do things more efficiently and effectively

Scenario stress testing acumen and modelling skills are desirable

Bachelor's degree or equivalent

FINRA Series 7 & 63

Preferred

Master's degree or CFA/FRM desirable

Programming skills desirable in any of the following: Python, C++, Excel (VBA), SQL

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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Trends of Total Sponsorships

2025 (1386)

2024 (849)

2023 (1375)

2022 (1117)

2021 (876)

2020 (901)