Market Risk Manager, Digital Assets, Vice President

Citigroup Inc.; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Market Risk Officer for Digital Assets to join their dynamic team in London. This role involves analyzing and managing market risks associated with digital and crypto assets, ensuring compliance with risk policies, and collaborating with trading desks. You will have the opportunity to work on innovative projects, develop risk frameworks, and contribute to stress testing initiatives. Join a forward-thinking company that values its employees and offers a supportive hybrid work environment, competitive salary, and comprehensive benefits. Discover your potential and make a significant impact in the world of finance.

Benefits

Generous holiday allowance

Discretional annual performance bonus

Private medical insurance

Employee Assistance Programme

Pension Plan

Paid Parental Leave

Special employee discounts

Learning and development resources

Qualifications

• Experience in market risk analysis and management.
• Strong quantitative skills for risk estimation and modeling.

Responsibilities

• Monitor and analyze market risks for digital asset products.
• Develop and maintain market risk limits framework.

Skills

Analytical Skills

Quantitative Skills

Communication Skills

Project Management

Risk Analysis

Mathematics

Interpersonal Skills

Flexibility

Education

Degree in Quantitative Discipline

Tools

MS Office (Excel/VBA, Word, PowerPoint)

SQL

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your analytical skills to Citi’s Global Market 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

Market risk pertains to potential loss due to market movements such as changes in interest rates, equity prices, credit spreads and foreign exchange rates. Individuals monitor trading limits and are responsible for approving transactions over certain established limits. Work with traders or trading management and recommend actions to mitigate risk. Responsible for monitoring and analysing the organisation’s risk exposure by understanding the risks and rewards of the Citi products. Structures solutions to mitigate risks of those products.

The Market Risk Officer - Digital Assets is a strategic professional who stays abreast of developments within the evolving field of Digital Assets (primarily Crypto Assets) and contributes to Market Risk Analysis and Management by considering their impact on a stand alone and portfolio basis. Recognized technical authority for the area within the team. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas. Responsible for measuring, monitoring and analysing the organisation’s market risk exposure on a day-to-day and long-term basis for all products that have Digital Asset market risk.

Individuals monitor trading limits and are responsible for approving transactions over certain established limits. Work with traders or trading management and recommend actions to mitigate risk. Responsible for monitoring and analysing the organisation’s risk exposure by understanding the risks and rewards of the Citi products. Structures solutions to mitigate risks of those products.

What you'll do

• Understanding and analysing risks, especially market risks, involved in the bank's digital asset / crypto asset products and projects

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

• Working with senior risk managers in Volcker compliance program

• Developing and maintaining an appropriate autonomous market risk limits framework with applicable limits and triggers

• Autonomously monitor business compliance with the firm’s market risk-related policies

• 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 including CRMR/VaR, CRMR/Issuer risk, LimitCentral/Volcker, LimitCentral/issuer risk

• Small tasks/projects which constitute direct integration with trading businesses and market in general, a fantastic learning opportunity for credit market and products

• Working with senior mentors on well-defined mid to long term projects that require technical skills and strategic planning, enabling development in analytical capacity and critical

• 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

What we need from you

• Demonstrated years of relevant experience

• Degree in a quantitative or financial discipline.

• Knowledge of financial instruments and risk metrics

• 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 •Excellent written and verbal communication and interpersonal skills

• Ability to both work collaboratively and autonomously; ability to navigate a complex organisation

• Advanced analytical skills

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

• Proficient in MS Office applications (Excel/VBA, Word, Power Point) and SQL

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

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Job Family Group:

Risk Management

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Job Family:

Market Risk

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Time Type:

Full time

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