Equities Markets In-Business Market Risk

London, United Kingdom
09 Dec 2022
23 Dec 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Equities Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense team part of broader Equities IBR. The team is responsible for market risk across asset classes within Citi's Global Markets division. The team is missioned to establish a holistic understanding of market risk for Equities trading portfolio. Equities Markets IBR role will focus on Global Equities and report into Equities but will require close coordination and communication with the central Markets IBR team which oversees all trading businesses within Markets, globally (e.g., Rates and Currencies, Global Spread Products and Commodities).

  • Identify key market risk within Equities trading businesses with consideration of key market themes and environments through data analysis.
  • Diligence risk components that impact capital of Global Equities working closely with Equities Financial Resource Management (FRM) team.
  • Optimize and understand the drivers of Equities VaR including stress testing and respective components to the global stress testing operating within Markets at Citi.
  • Communicate daily with head of Equities IBR and Equity trading heads. Act as the Equities representative or lead within the broader Markets IBR franchise.
  • Closely track performance of products within Global Equities on a regular basis, understand the drivers of market movements, analyze notable trends to form relative value and forward-looking view of material, concentration, and emerging risks.
  • Understand Equities overall risk appetite, limit, and capital framework to allow effective
  • optimization and allocation of risk appetite.
  • Build front to back holistic understanding of risk and its implications on all attributions of capital, such as Stress losses, Value-at-Risk, etc. Support head of IBR and business heads to analyze their return on capital and risk appetite ratio.
  • Work closely with independent risk teams (2nd Line of Defense) and Equities trading desk heads in sizing appropriate risk limits for the overall business and monitor risk limit utilizations across products/asset classes (end of day and intraday) to ensure compliance.
  • Strengthen risk monitoring, control, and governance process within the business, assist with occasional regulatory questions and requirements as well as reporting.
  • Work with Technology / MQA to develop comprehensive risk monitoring framework and reporting to manage overall portfolio risk. Work with FRM team to ensure proper capital utilization and optimization strategy.
  • 5 years of experience in a related role, such as market risk/trading/structuring/research or quantitative/data analysis.
  • Ideal candidate will have some familiarity with Citi's equity risk system or good understanding of how trading front office risk systems work
  • Cross asset class product and market knowledge is good with specific expertise in Equities market risk
  • Effective interpersonal skills to develop and maintain relationships with trading desks, independent risk, and technology teams
  • Consistently demonstrates clear and concise written and verbal communication
  • Exceptional analytical and numerical competency. Strong analytical / quantitative background.
  • Must have strong attention to detail, be self-motivated and inquisitive with an interest in financial markets and trading
  • Strong MS Excel, Bloomberg, Tableau, and problem-solving skills. Programing skills such as SQL and python is preferred.
  • Ability and strong interest to learn and understand various asset classes and associated risks
  • Bachelor's degree or master's degree. Preferably in Engineering, Statistics, or Finance.
Job Family Group:
Risk Management -------------------------------------------------
Job Family:
Business Risk & Controls ------------------------------------------------------
Time Type:
Full time ------------------------------------------------------
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