Collateral Risk Analyst (Assistant Vice President)

Citi; New York (NY); On-site; USD 109,000 - 164,000; Full time

Job summary

Citi's Institutional Credit Management (ICM) is seeking a Collateral Risk Analyst (AVP) in New York to support collateral eligibility, valuation, and risk mitigation across institutional portfolios.

The role develops collateral expertise through reviewing structures, monitoring risk metrics, and communicating findings to senior stakeholders. You will collaborate with Credit Officers, Portfolio Managers, Legal, and Risk partners to strengthen governance within a global secured financing framework.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field.
• Strong understanding of credit risk, collateral mechanics, and market risk principles.
• Experience with collateralized products, margining, secured financing, or derivatives collateral.
• Familiarity with collateral or margin-related regulations (e.g., Uncleared Margin Rules).
• Experience with data and reporting tools (e.g., Excel, SQL, Tableau).

Responsibilities

• Review collateral schedules, terms, and structures to ensure accuracy, completeness, and compliance with internal policies and regulatory expectations.
• Validate collateral eligibility based on asset class, documentation, legal enforceability, and internal risk standards.
• Assess collateral coverage, margin sufficiency, and concentration risk relative to exposure and portfolio guidelines.
• Identify and assess collateral-related risks, including market volatility, liquidity stress, and wrong-way risk.
• Evaluate impacts at the counterparty and portfolio level and elevate emerging risks as appropriate.
• Support the development of risk mitigation strategies aligned with Citi’s risk appetite.
• Monitor collateral performance, exceptions, and trends across institutional portfolios.
• Produce clear, concise risk reporting for Credit and Risk stakeholders.
• Analyze collateral and market data to support ongoing risk oversight and decision-making.
• Contribute to the development and maintenance of collateral risk policies, procedures, and guidelines.
• Ensure ongoing alignment with regulatory expectations (e.g., OCC, FRB, margin-related requirements).
• Support internal audits, regulatory exams, and risk reviews related to collateral activities.
• Partner closely with Credit Officers, Portfolio Managers, Legal, Operations, and Risk peers.
• Communicate complex collateral concepts clearly to both technical and non-technical audiences.

Skills

Analytical Thinking

Credible Challenge

Governance

Policy

Procedure

Regulation

Portfolio Analysis

Risk Management Lifecycle

Education

Bachelor’s degree in Finance, Economics, Mathematics, or a related field

CFA or FRM certification a plus

Tools

Excel

SQL

Tableau

Job description

The Institutional Credit Management (ICM) organization is a core first‑line risk function at Citi, responsible for independent credit risk assessment, portfolio oversight, and governance across institutional businesses globally.

Citi is seeking a Collateral Risk Analyst (AVP) to support collateral eligibility, valuation, and risk mitigation activities across institutional portfolios. This role sits at the intersection of credit, collateral, and regulatory risk, offering meaningful exposure to complex secured financing structures, margining frameworks, and portfolio‑level risk assessment.

This is a hands‑on, judgment‑driven AVP role with visibility across Businesses, Credit Officers, Portfolio Management, Legal, and Risk partners, ideal for professionals looking to deepen technical collateral expertise while building a long‑term risk career in New York.

Role Overview

The Collateral Risk Analyst (AVP) is responsible for executing and enhancing collateral risk oversight practices across multiple businesses. The role focuses on reviewing collateral structures, assessing adequacy of coverage and risk metrics, identifying emerging risks such as market stress and wrong‑way risk, and supporting policy and governance initiatives. The position requires independent analytical judgment, strong attention to detail, and the ability to communicate risk effectively to senior stakeholders.

Key Responsibilities

Collateral Review & Risk Assessment

• Review collateral schedules, terms, and structures to ensure accuracy, completeness, and compliance with internal policies and regulatory expectations
• Validate collateral eligibility based on asset class, documentation, legal enforceability, and internal risk standards
• Assess collateral coverage, margin sufficiency, and concentration risk relative to exposure and portfolio guidelines

Risk Identification & Portfolio Oversight

• Identify and assess collateral‑related risks, including market volatility, liquidity stress, and wrong‑way risk
• Evaluate impacts at the counterparty and portfolio level and elevate emerging risks as appropriate
• Support the development of risk mitigation strategies aligned with Citi’s risk appetite

Monitoring, Reporting & Data Analysis

• Monitor collateral performance, exceptions, and trends across institutional portfolios
• Produce clear, concise risk reporting for Credit and Risk stakeholders
• Analyze collateral and market data to support ongoing risk oversight and decision‑making

Policy, Governance & Regulatory Support

• Contribute to the development and maintenance of collateral risk policies, procedures, and guidelines
• Ensure ongoing alignment with regulatory expectations (e.g., OCC, FRB, margin‑related requirements)
• Support internal audits, regulatory exams, and risk reviews related to collateral activities

Stakeholder Partnership

• Partner closely with Credit Officers, Portfolio Managers, Legal, Operations, and Risk peers
• Communicate complex collateral concepts clearly to both technical and non‑technical audiences
• Provide subject‑matter support on collateral risk matters across the organization

Qualifications & Experience

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field
• 5–8 years of experience in collateral risk, credit risk, market risk, capital, liquidity, or a related institutional risk function
• Strong understanding of credit risk, collateral mechanics, and market risk principles
• Proven ability to exercise independent judgment in risk assessment
• Experience with collateralized products, margining, secured financing, or derivatives collateral
• Familiarity with collateral or margin‑related regulations (e.g., Uncleared Margin Rules)
• Experience with data and reporting tools (e.g., Excel, SQL, Tableau)
• CFA or FRM certification a plus

Job Family Group:

Risk Management

Job Family:

Portfolio Credit Risk Management

Time Type:

Full time

Primary Location:

New York New York United States

Primary Location Full Time Salary Range:

$109,120.00 - $163,680.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.

Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Most Relevant Skills

Analytical Thinking, Credible Challenge, Governance, Policy, Procedure, and Regulation, Portfolio Analysis, Risk Management Lifecycle.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details. Illinois residents – AI Notice and Right

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.

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