- Ensures second line independent market risk oversight of first line, including market risk management of Treasury Investments and FX Capital hedging activities.
- Identifies and analyzes new and emerging risks from perspective of Non-Trading Market Risk Management.
- Reviews the alignment of Non-Trading Market Risk limits with Risk Appetite Statements and Material Risk Inventory.
- Develops risk dashboards highlighting key market risk trends to senior management.
- Monitors periodically, understanding the drivers of significant movements in reported exposures.
- Participates in preparation of senior management and Board-level committee materials
- Presents insights and findings to a wide range of internal audience and senior management.
- Contributes to the development or production of metrics used to satisfy regulatory requirements and stress testing processes.
- Monitors Non-Trading Market Risk stress loss limits and reviews associated management actions.
- Reviews key concentration risks for Non-Trading Market Risk pool.
- Reviews risk management processes for conceptual soundness, fitness for purpose and potential limitations and weaknesses.
- Broad understanding of risk management and analytics
- Strong analytical knowledge of capital markets products
- Broad knowledge of macroeconomic trends and drivers impacting market risks
- Experience in market risk management, interest rate risk in banking book, and investment risk management preferred
- Familiar with enterprise risk management activities
- Excellent quantitative and technical skills
- Strong written and verbal communication skills
- Experience in preparing and delivering senior, executive-level presentations
- Goal driven with excellent ability to work within a team globally
- Highly motivated with attention to detail
- Bachelor's degree with strong academic record in economics, finance or other quantitative field. Master's or higher degree is preferred.
- Experience in Risk Management, Treasury, Capital Markets or other functions within a financial services sector.
-
Market Risk Manager
1 week ago
DataAxxis New York, United States**Duration**:6+ months strong potential to be extended or converted to Full-time. · **Location**:Jersey City - 3 days onsite and 2 WFH · **Rate: $980 per day C2C /$850 per day W2** · **Description**: · Fixed Income Market Risk Manager focusing on Interest Rate products. The core ...
-
VP- Market Risk, Corporate
4 days ago
Santander Holdings USA Inc New York, United States Full timeVP- Market Risk, Corporate & Investment BankingNew York, United States of AmericaThe Sr. Associate, Market Risk-VP is responsible to oversee and control the market risk metrics/market data, as well as monitor and ensure that risk are within limits/levels by reviewing and analyzin ...
-
Amer-market Risk Professional
1 week ago
MUFG Bank, Ltd. New York, United States**Do you want your voice heard and your actions to count?** · Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organizati ...
-
Global Markets Risk Manager
19 hours ago
Bank of America New York, United StatesAt Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. · One of the keys t ...
-
Market Risk Analytics Associate Frtb
1 week ago
Morgan Stanley New York, United StatesMarket Risk Analytics Associate FRTB (Risk Management) · Job Number: · 3249813 · POSTING DATE: Apr 12, 2024 · PRIMARY LOCATION: Americas-United States of America-New York-New York · EDUCATION LEVEL: Master's Degree · JOB: Risk Analytics · EMPLOYMENT TYPE: Full Time · JOB LEVEL: A ...
-
Market Risk Strategic Initiatives Specialist
1 week ago
Sumitomo Mitsui Banking Corporation New York, United StatesSMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 ...
-
Santander Holdings USA Inc New York, United States Full timeExecutive Director: Model Developer, Market Risk - Corporate & Investment Banking (CIB)New York, United States of AmericaPosition Summary: · Model Developer inside of the Market Risk Area reporting to the CIB Market Risk Director. The position will help in the development of new ...
-
Risk, Market Risk
2 weeks ago
Goldman Sachs New York, NY, United States Full timeJOB DESCRIPTION · Vice President: Market Risk professional covering Mortgages and Structured Products Business in NY · We are looking for a professional to join the second line of defense Market Risk group as market risk manager in NY covering Mortgages and Structured Products B ...
-
Risk, Market Risk
1 week ago
Goldman Sachs New York, United StatesJOB DESCRIPTION · Vice President: Market Risk professional covering Mortgages and Structured Products Business in NY. · We are looking for a professional to join the second line of defense Market Risk group as market risk manager in NY covering Mortgages and Structured Product ...
-
Market Risk
1 week ago
Michael Page New York, United StatesThis position will partner with the business units to establish operational procedures and monitor risk and compliance. · Client Details · Banking and Financial Services · Description · Work with business units to establish operational procedures · Monitor compliance · Esta ...
-
Market Risk
2 days ago
Michael Page International New York, NY, United StatesStrategic position in Market RiskOpportunity to join a growing functionAbout Our ClientBanking and Financial ServicesJob DescriptionWork with business units to establish operational proceduresMonitor complianceEstablish thresholds, at-risk levels and exposure limitsPrepare report ...
-
Market Risk
1 week ago
Michael Page New York, United States Full timeAbout Our Client Banking and Financial Services · Job Description Work with business units to establish operational procedures · Monitor compliance · Establish thresholds, at-risk levels and exposure limits · Prepare reports · Identify root causes of non compliance and variances ...
-
Risk, Market Risk, Associate
2 weeks ago
Goldman Sachs New York, NY, United States Full timeWe are looking for a professional to join the second line of defense Market Risk Specialists group in New York covering Structured and Traded Credit (Corporate Bonds, Loans, CDS, Index, Swaption, Exotics, Municipals) · The role is a business facing role, who have regular meetings ...
-
PMO - Market Risk
1 week ago
ProCom Consultants New York, NY, United StatesPMO - Market Risk · On behalf of our client in the Financial Services Sector, PROCOM is looking for a PMO - Market RiskPMO - Market Risk - Job Description · This role's aim is to support Market Risk in Project managing / Program managing regulatory obligations and internal initi ...
-
Market Risk Manager
2 weeks ago
Goodman Masson New York, United StatesA Global, multi-strat Hedge Fund is hiring a new Equity Volatility Risk Manager as part of their efforts to build a world call risk management platform. · Within this role you will provide key analysis and risk analytics to the Risk team, Investments and Trading Desks. · The idea ...
-
Market Risk Management
3 days ago
Bank of China Limited, New York Branch New York, United StatesIntroduction: · Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a s ...
-
VP, Market Risk
1 week ago
Morgan Stanley New York, NY, United StatesFirm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of ...
-
Market Risk Engineers
2 weeks ago
Focus Capital Markets New York, United States Full timeFocus Capital Markets is building a global team of risk engineers, in New York, London and Texas. · We are looking for individuals with advanced degrees in Math/Physics and Computer Science with expert knowledge of equity and interest rate trading strategies who have at least 5 y ...
-
Associate, Market Risk
2 weeks ago
Morgan Stanley New York, NY, United States Full timeFirm Risk Management · Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure ...
-
Market Risk Manager
2 weeks ago
Mizuho Financial Group Inc New York, United StatesAn exciting opportunity to join the risk management team leading the coverage for Equity Derivatives within Mizuho Americas a fast growing business.The individual will partner with the Front Office, Quants, IT and other control functions to enable growth within the Equity Derivat ...
Senior Vice President, Market Risk - New York, NY, United States - Citi
Description
Senior Vice President, Market Risk ManagementThe Finance Chief Risk Officer (Finance CRO) organization provides risk management oversight of the Global Finance function, including effective risk challenge and mitigation of risk for capital, liquidity, interest rate risk and Treasury investments, and ensures compliance with all risk-related regulatory requirements. In addition, the team oversees the key risk management methodologies and calculations, including CECL and IFRS9 for credit reserves, and Basel Advanced RWA.
Non-Trading Market Risk Management group, as a part of the Finance CRO organization, is responsible for independent risk management of non-trading market risk, including Interest Rate Risk in the Banking Book as well as market risk management of Treasury Investments. It identifies, measures, and monitors non-trading market risks and it provides independent review and challenge to the first-line activities.
Senior Vice President in the Non-Trading Market Risk Management group provides independent market risk oversight of first line including market risk management of Treasury Investments and FX Capital hedging activities. Performs identification of new and emerging risks from perspective of Non-Trading Market Risk Management. Participates in establishment of frameworks for evaluating the impact of adverse Non-Trading Market Risk events and circumstances on the Firm's operations and financial conditions. Prepares and delivers senior, executive-level presentations. Utilizes thorough understanding of methodologies, relevant regulatory requirements, and governance control processes for independent risk management oversight of Non-Trading Market Risk activities. Provides contribution to development of target state strategy of the overall approach to Non-Trading Market Risk programs in alignment with the Enterprise Risk Management Framework.
Responsibilities:
Job Family Group:
Risk Management
Job Family:
Market Risk
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$176, $265,080.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
Apr 22, 2024
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 .