Technology Lead Business Analyst - Vice President

Citibank (Switzerland) AG; Pune District; On-site; Confidential; Full time

Job summary

Citi seeks a highly experienced Business and Data Analysis Lead to drive the firm-wide FRTB IMA implementation. This role bridges regulatory requirements, quantitative modeling, and technology execution to ensure high-quality data for risk calculations including Expected Shortfall and Historical VaR.

The incumbent will translate complex regulations into precise business data requirements, author BRDs, define data strategy, and coordinate with Risk Management, Front Office, Quant Analytics, and

Qualifications

• Extensive experience in market risk and regulatory frameworks.
• 12-15 years of relevant experience.
• Proficiency with MS Office and data analysis using Excel.
• Knowledge of SDLC and business analysis principles.
• Advanced degree preferred; CFA/FRM are a plus.

Responsibilities

• Act as SME for Market Risk regulations, translating regulations into business and data requirements.
• Author detailed business and functional requirement documents for risk calculations and reporting.
• Define end-to-end data strategy including sourcing, lineage, quality controls, and validation rules.
• Perform deep-dive data analysis using SQL, Python, and other tools to identify data gaps and ensure integrity.
• Lead collaboration between Risk Management, Front Office, Quant Analytics, and Technology for alignment and communication.

Skills

Market risk

Regulatory knowledge

Data analysis

SQL

Python

Excel

SDLC

Written and verbal communication

Education

Bachelor's degree

Master's degree preferred

CFA/FRM a plus

Tools

SQL

Python

Visio

Excel

Job description

Citi is seeking a highly experienced Business and Data Analysis Lead to play a pivotal role in the firm-wide implementation of the Fundamental Review of the Trading Book (FRTB) Internal Model Approach (IMA). This is a leadership position for a subject matter expert who will bridge the gap between complex regulatory requirements, quantitative modeling, and technology execution. This individual will be the central authority on business requirements and data analysis for our most critical risk calculations, ensuring that the sophisticated models for Expected Shortfall, Non-modelable Risk Factors, and Historical VaR are built on a foundation of complete, accurate, and well-understood data, perfectly aligning with regulatory intent. This new delivery of FRTB IMA is a significant regulatory initiative requiring specialized expertise to translate complex business requirements into robust technical solutions. Responsibilities: As the lead Business Data Analysis expert, this individual will be the primary driver for defining the "what" and "why" behind our risk calculation systems. They will immerse themselves in the intricacies of FRTB IMA, Internal Risk Management VaR, and Stress Testing methodologies, translating them into precise specifications that our quantitative and technology partners will build upon. Their expertise will ensure the integrity and accuracy of the entire risk calculation framework. By leading the analysis and defining the data strategy, they will be directly responsible for the conceptual soundness of the solutions, guaranteeing they are not just computationally efficient but also robust, defensible, and fully compliant with regulatory standards.

Key Responsibilities

• Acting as the lead Subject Matter Expert (SME) for Market Risk regulations, primarily FRTB IMA, translating dense regulatory text into clear business and data requirements.
• Authoring detailed business and functional requirement documents, specifying the logic for risk calculations, data transformations, and reporting.
• Defining the end-to-end data strategy, including sourcing, lineage, quality controls, and validation rules for all required market and trade data.
• Performing deep-dive data analysis using SQL, Python (e.g., Pandas), or other tools to identify data gaps, resolve inconsistencies, and ensure data integrity.
• Leading the collaboration between senior stakeholders in Risk Management, Front Office, Quantitative Analytics, and Technology to ensure alignment and clear communication.
• Designing and overseeing User Acceptance Testing (UAT) strategies to validate that the system implementation meets the defined business objectives.
• Developing and maintaining comprehensive documentation for business processes, data flows, and system logic.

Qualifications

• Excellent knowledge of financial products and market risk domain
• 12-15 years of experience
• Proficiency in MS Office (Word, Excel, Visio, PowerPoint) with extensive experience using Excel for data analysis
• Experience with all phases of Software Development Life Cycle
• Comprehensive knowledge of the principles of business analysis
• Education: Bachelor's degree/University degree or equivalent experience Master's degree preferred CFA and FRM are plus Analytical modelling of Market risk Var Methodologies.
• Thorough understanding of financial products
• Exposure to Use case methods
• Articulation/ Written and verbal communication

Job Details

• Job Family Group: Technology
• Job Family: Business Analysis / Client Services
• Time Type: Full time

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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 Citi's EEO Policy Statement and the Know Your Rights poster.