Market Risk Senior Analyst, Credit Valuation Adjustment (CVA) Assistant Vice President

TN United Kingdom; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading global financial institution is seeking a Market Risk Senior Analyst in London. The role involves monitoring trading limits, collaborating with traders, and ensuring compliance with market risk policies. Ideal candidates will have strong XVA knowledge, quantitative skills, and the ability to manage multiple projects effectively. Join a team that values innovation and offers a hybrid working model with competitive benefits.

Benefits

Generous holiday allowance starting at 27 days plus bank holidays

Discretional annual performance related bonus

Private medical insurance packages

Employee Assistance Programme

Pension Plan

Paid Parental Leave

Special discounts for employees, family, and friends

Access to learning and development resources

Qualifications

• Demonstrated experience in XVA/Market Risk.
• Proficient quantitative skills including mathematics involved in risk estimation.
• Excellent project management and organizational skills.

Responsibilities

• Monitor trading limits and approve transactions over established limits.
• Work with traders to recommend actions to mitigate risk.
• Participate in stress testing and risk management.

Skills

XVA

Market Risk

Quantitative Skills

Communication

Education

Degree in a quantitative or financial discipline

Tools

MS Office

SQL

Job description

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Market Risk Senior Analyst, Credit Valuation Adjustment (CVA) Assistant Vice President, London

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Client:

11037 Citibank, N.A. United Kingdom

Location:

London, United Kingdom

Job Category:

Finance

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EU work permit required:

Yes

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Job Reference:

5d374357204d

Job Views:

2

Posted:

15.05.2025

Expiry Date:

29.06.2025

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Job Description:

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your ambition, skillsets and knowledge to Citi’s Risk Management team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Global XVA Market Risk team sits within the Global Market Risk Management Department and is a core Second Line of Defence function supporting Citi’s Markets business. The XVA Market Risk team has local presence in London, Singapore and New York, providing coverage on XVA (CVA, FVA, ColVA) across asset classes.

The role will benefit from close interaction and support from within the team/department, as well as engagement with key functions across the firm (XVA trading desk, Sales, Product Control and Technology). The expertise of an XVA Market Risk officer is often in demand. Holder of this role will be expected to be involved in 3 key aspects of the function:

1. BAU Market Risk management (VaR and Risk limit monitoring, transaction approvals)

2. Stress Testing (both internal and regulatory)

3. Supporting legal entity Market Risk management team as the subject matter expert (SME) on XVA topics

This is not an admin or reporting role and the holder is expected to develop into a key member of the team.

What you’ll do

Monitor trading limits including responsibility for approving transactions over certain established limits

Work with traders or trading management to recommend actions to mitigate risk

Product knowledge: monitor and analyse the organisation’s risk exposure by understanding the risks and rewards of the Citi products. This also includes being able to understand and articulate solutions to mitigate risks of those products

Work with XVA trading desk to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems

Facilitate analysis and meaningful reporting of the risk data

Work with senior risk managers in market specific compliance programs

Develop and maintain an appropriate autonomous market risk limits framework with applicable limits and triggers

Monitor business compliance with the firm’s market risk-related policies

Assist in product specific risk reporting and limit monitoring

Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting

Participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and assess appropriate follow-up actions

Participate in the ongoing development, implementation and upgrade of risk systems

Well defined mid to long term projects in working with senior mentors that require technical skills and strategic planning, enabling development in analytical capacity and critical thinking

Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency

What we’ll need from you

Demonstrated XVA/ Market Risk/Counterparty Credit Risk/XVA valuation control who understands the key concepts in XVA space and how XVA desks interact with asset class trading

Knowledge of financial instruments and risk metrics

Has an eye for improvement and the curiosity to learn

Able to manage deliverables in a timely and quality fashion

Proficient quantitative skills including mathematics involved in risk estimation and modelling

Excellent written and verbal communication skills

Must be a self-starter, flexible, innovative and adaptive

Ability to work collaboratively and with people at all levels of the organisation

Work collaboratively with regional and global partners in other functional units; ability to navigate a complex organisation

Excellent project management and organisational skills and capability to handle multiple projects at one time

Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL

Experience in performing data analysis

What we can offer you

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.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

A discretional annual performance related bonus

Private medical insurance packages to suit your personal circumstances

Employee Assistance Programme

Pension Plan

Special discounts for employees, family, and friends

Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-PM3

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Job Family Group:

Risk Management

------------------------------------------------------

Job Family:

Market Risk

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your ambition, skillsets and knowledge to Citi’s Risk Management team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Global XVA Market Risk team sits within the Global Market Risk Management Department and is a core Second Line of Defence function supporting Citi’s Markets business. The XVA Market Risk team has local presence in London, Singapore and New York, providing coverage on XVA (CVA, FVA, ColVA) across asset classes.

The role will benefit from close interaction and support from within the team/department, as well as engagement with key functions across the firm (XVA trading desk, Sales, Product Control and Technology). The expertise of an XVA Market Risk officer is often in demand. Holder of this role will be expected to be involved in 3 key aspects of the function:

1. BAU Market Risk management (VaR and Risk limit monitoring, transaction approvals)

2. Stress Testing (both internal and regulatory)

3. Supporting legal entity Market Risk management team as the subject matter expert (SME) on XVA topics

This is not an admin or reporting role and the holder is expected to develop into a key member of the team.

What you’ll do

Monitor trading limits including responsibility for approving transactions over certain established limits

Work with traders or trading management to recommend actions to mitigate risk

Product knowledge: monitor and analyse the organisation’s risk exposure by understanding the risks and rewards of the Citi products. This also includes being able to understand and articulate solutions to mitigate risks of those products

Work with XVA trading desk to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems

Facilitate analysis and meaningful reporting of the risk data

Work with senior risk managers in market specific compliance programs

Develop and maintain an appropriate autonomous market risk limits framework with applicable limits and triggers

Monitor business compliance with the firm’s market risk-related policies

Assist in product specific risk reporting and limit monitoring

Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting

Participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and assess appropriate follow-up actions

Participate in the ongoing development, implementation and upgrade of risk systems

Well defined mid to long term projects in working with senior mentors that require technical skills and strategic planning, enabling development in analytical capacity and critical thinking

Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency

What we’ll need from you

Demonstrated XVA/ Market Risk/Counterparty Credit Risk/XVA valuation control who understands the key concepts in XVA space and how XVA desks interact with asset class trading

Knowledge of financial instruments and risk metrics

Has an eye for improvement and the curiosity to learn

Able to manage deliverables in a timely and quality fashion

Proficient quantitative skills including mathematics involved in risk estimation and modelling

Excellent written and verbal communication skills

Must be a self-starter, flexible, innovative and adaptive

Ability to work collaboratively and with people at all levels of the organisation

Work collaboratively with regional and global partners in other functional units; ability to navigate a complex organisation

Excellent project management and organisational skills and capability to handle multiple projects at one time

Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL

Experience in performing data analysis

Degree in a quantitative or financial discipline

What we can offer you

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.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

A discretional annual performance related bonus

Private medical insurance packages to suit your personal circumstances

Employee Assistance Programme

Pension Plan

Paid Parental Leave

Special discounts for employees, family, and friends

Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-PM3

------------------------------------------------------

Job Family Group:

Risk Management

------------------------------------------------------

Job Family:

Market Risk

------------------------------------------------------

Time Type:

Full time

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