Market Risk Issues Management and Processes

Expiring today

Belfast, United Kingdom
26 May 2023
29 May 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Overview of Citi:

Citi is a world-leading global bank. We have approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. We provide consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. We enable clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.
Citi Belfast is one of the largest employers in Northern Ireland with a diverse and talented team of over 3000 people from over 40 different nationalities across our four Belfast offices.
We are the only global investment bank operating in Northern Ireland. Every day, our local experts interact with global teams in over 100 countries developing and supporting next-generation technology solutions for the enterprise and delivering critical services to the bank and its customers, to make sure we are a stronger and safer organization for our clients.
You will have a truly global reach, which will provide you with new experiences and development opportunities right here in Belfast's iconic Titanic Quarter.

Job Description

Team/Function Overview:

The primary objective of Global Market Risk is to establish a comprehensive and independent Market Risk framework, including development and management of a comprehensive market risk limit setting and monitoring capability, performance of the market risk aggregation and analysis, development of capabilities for robust stress testing analyses and the establishment and implementation of consistent policies, standards and procedures.
The Market Risk CAO collaborates with Risk Managers to help ensure adherence to market risk management processes; and works closely with Internal Audit, Risk Reporting and Data Analysis, Market Risk Analytics, Markets and Securities Services, and Finance within Citi to ensure timely remediation of issues and that proper controls are in place and evaluated regularly.

Role / Position Overview:

This role will primarily focus on the oversight and effective management of market risk issues arising from various sources, as well as, leading interactions with Internal Audit.
The role requires extensive coordination with Market Risk managers globally to obtain and report the status of issues, then independently formulate independent evaluation of status and escalate concerns to senior management in order to drive transparency and accountability. In addition, propose and draft self-identified issues as necessary.
The individual will be the primary liaison with Internal Audit. Prior to an audit, review relevant processes and documentation to self-identify gaps. During an audit, coordinate, track, and review requests, provide review and challenge of artifacts prior to submission, and finalize new Issue/CAP language and timelines. Subsequent to an audit, partner with issue owners to monitor progress, facilitate closure documentation, and ensure on time remediation.

Development Value:

The role will provide unique visibility with cross-Risk experience and knowledge. This is a high-profile position which involves significant interaction with senior management and direct involvement in a variety of the critical strategic projects within Citi. The successful candidate will build an extensive global network across the firm and develop a keen understanding of Global Market Risk processes and controls.

  • Strong understanding of the regulatory environment, the respective business lines and Risk governance
  • Process improvement mindset to increase effectiveness and efficiency
  • Highly proficient in Microsoft Word, Excel and PowerPoint
  • Bachelor's degree in technical field; Master's degree a plus
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

  • Strong attention to detail and problem-solving skills
  • Excellent coordination skills and the capability to prioritize effectively in a fast paced and demanding environment
  • Self-starter, with the ability to quickly assimilate and analyse processes, and manage projects with minimal supervision
  • Proven ability to collaborate across all levels of the organization with excellent influencing, facilitation, and partnering skills and the ability to quickly build relationships
What we Offer

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

We'll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.

Visit our Global Benefits page to learn more.

Highlights to our core benefits include:
  • Award winning pension
  • On-site health services
  • Private medical insurance packages to suit your personal circumstances
  • Paid parental leave
  • Generous holiday allowance starting at 27 Days plus bank holidays; increasing with tenure
Citi Belfast also champions diversity within our workforce, which helps us be well and live well together. We have over 40 different nationalities in our Northern Ireland offices, are a vocal supporter of LGBTQ+ rights, and are proud to have 47% of our leadership team made up of individuals who identify as women.

We encourage and lead inclusivity through our Pride, Disability, Multicultural, Families Matter, and Women affinity networks that are run by and for, Citi Belfast colleagues; providing them with the support they need in their personal and professional journeys and supplying them with the tools to help educate colleagues on all things related to each network to help us work better together.

Job Family Group:
Risk Management -------------------------------------------------
Job Family:
Market Risk ------------------------------------------------------
Time Type:
Full time ------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 the " EEO is the Law " poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
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