Product Developer, Counterparty Risk Tools - Hybrid

06500 Citigroup Global Markets Limited; Belfast City District; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model with 3 days in the:

Learning and development resources

Wellbeing programs

Job summary

Citigroup Global Markets Limited is seeking a Product Developer for the Counterparty Credit Risk (CCR) project execution team. The role focuses on building tools to measure, monitor and control counterparty risk across institutional client portfolios and markets.

You will lead strategic projects, work with front office and risk teams, and manage the end-to-end lifecycle from requirements to UAT, ensuring regulatory and risk policy alignment.

Qualifications

• 5+ years of experience in the financial industry and banking.
• Direct experience in end-to-end project delivery, and knowledge of various analytical tools.
• Understanding of financial market products – Derivatives, Securities Financial Transactions, Margin lending and Financing.
• Knowledge of counterparty credit risk concepts, data, system integration, and processes.
• Understanding of counterparty exposure metrics – NSE, Factor Sensitivities, PFE, Settlement Exposure, Intraday exposure.
• Excellent project management and business analysis skills.
• Strong written and verbal communication skills with focus on stakeholder management.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to work well with cross-functional teams from Business, Risk, Technology and Compliance.
• Ability to collaborate and clearly communicate with senior members of an organization.

Responsibilities

• Lead strategic BAU and Regulatory projects primarily impacting Counterparty Credit Risk exposure measures for traded product markets business.
• Develop and enhance tools for the measurement, monitoring and reporting of counterparty exposure including Stress testing - NSE, PFE, Settlement Risk, Intraday risk and participate in project management of strategic risk infrastructure development.
• Work in close coordination with Front office sales & trading, in-business risk managers, second line risk managers and risk senior stakeholders.
• Manage end-to-end project/product development lifecycle, build book of work, scope releases, track business priorities, define business requirements and UAT strategy incorporating regulatory and compliance requirements.
• Perform data analysis, document as-is and to-be state, requirement gathering, draft BRDs, UAT and Impact analysis.
• Work with all stakeholders to fulfil the delivery objectives for effective, accurate and timely risk management and reporting.
• Partners with senior team members and a widely distributed global user community to define and implement solutions.
• Help track and address CCR data and methodology issues, develop weekly metrics and remediation plans for system enhancements.
• Work with technology to understand infrastructure gaps, systems, and data flows. Identify and document gaps and suggest improvements for target state build-out.
• Communicate key findings and issues to senior management and provide regular status updates.
• Create presentations and documents for internal and regulatory use on various topics spanning deliverables in respective areas.

Skills

Financial services experience

Project management

Stakeholder management

Analytical skills

Education

Bachelor’s/Master’s degree in finance, technology, economics

Tools

Analytical tools

Job description

Citigroup Global Markets Limited is seeking a Product Developer for the Counterparty Credit Risk (CCR) project execution team. The role focuses on building tools to measure, monitor and control counterparty risk across institutional client portfolios and markets.

You will lead strategic projects, work with front office and risk teams, and manage the end-to-end lifecycle from requirements to UAT, ensuring regulatory and risk policy alignment.