AVP, In-Business Risk – Equity Derivatives & AI-Driven Tools

Citi Group; New York (NY); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Discretionary incentive awards

Wellness programs

Paid time off

Job summary

Citi in New York seeks a Structurer in In-Business Risk (IBR) to shape counterparty risk management for Equity Derivatives and related equities businesses. You will work with Global Head of IBR and partner across Structuring, Trading, Sales, and Risk to implement end-to-end risk platforms and use AI and programming to improve core risk tools.

The role requires 2–7 years of relevant experience, strong quantitative skills, and a proven ability to collaborate across teams in a fast-paced

Qualifications

• 2-7 years of Quantitative, Risk or Capital Markets experience in equities, derivatives, or related areas.
• Quantitative and statistical modelling experience with financial products.
• Experience actively managing risk (1LoD) in an institutional setting.
• Working knowledge of Equity products and related derivatives.
• Excellent written and verbal communication skills.

Responsibilities

• Assist in developing an end-to-end counterparty credit risk platform and risk management framework for Equity products
• Use AI and programming languages to assimilate data and build core functionality for the team
• Develop and utilize risk management tools for the measurement, monitoring and management of exposure
• Perform routine daily and weekly analysis as well as customized risk analysis. Communicate key findings to senior management
• Help oversee client trading activity, set margin levels, and monitor active portfolios to ensure that risks are controlled and optimally sized
• Perform trade and portfolio risk analysis incorporating scenario stress testing, sensitivity analysis, and assess margin adequacy
• Drive solutions that require creative thinking and collaborating with key partners in Structuring, Trading, Sales, and Risk
• Develop intraday risk controls and processes
• Work with partners in Market Risk, Quant (MQA), and others and stress test developers to create and utilize models for accurate measurement of clients' overnight or intraday exposure. This may encompass VaR, scenario stress testing, sensitivities, and liquidation costs

Skills

Analytical skills

Cross-functional collaboration

Communication skills

Risk management

Quantitative modelling

Education

Bachelor's degree or equivalent

Master's degree or CFA/FRM desirable

Tools

Python

C++

Excel VBA

SQL

Job description

Citi in New York seeks a Structurer in In-Business Risk (IBR) to shape counterparty risk management for Equity Derivatives and related equities businesses. You will work with Global Head of IBR and partner across Structuring, Trading, Sales, and Risk to implement end-to-end risk platforms and use AI and programming to improve core risk tools.

The role requires 2–7 years of relevant experience, strong quantitative skills, and a proven ability to collaborate across teams in a fast-paced