In-Business Risk 1LOD Lead Analyst - C13 - NEW YORK

Citi; New York (NY); On-site; USD 130,000 - 195,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k) plan

Life, accident, and disability ins.

Wellness programs

Paid time off

Job summary

Citi is seeking an experienced professional for the Global Markets In-Business Risk team in New York. The role focuses on delivering risk controls and regulatory frameworks, including Volcker Rule compliance, LCI PTA, and IDMR, across multiple asset classes.

Candidates should have deep risk experience, strong communication skills, and familiarity with market risk concepts and Front Office processes. The role involves coordinating with risk, legal, finance, and compliance, and using SQL/Python

Qualifications

• 8+ years in risk, controls, data analysis, and PM.
• Strong communication with senior stakeholders.
• Knowledge of Volcker Rule and Basel/FRTB is an advantage.
• Front Office risk knowledge preferred.
• Understanding of market risk and trading products.

Responsibilities

• Deliver projects and BAU work for Volcker Rule, LCI PTA, and IDMR.
• Conduct detailed transaction and market risk data analysis using SQL and Python.
• Prepare and present materials for quarterly limit reviews.
• Ensure effective controls across RENTD, Volcker metrics, and covered funds.
• Coordinate with desks, risk, legal, and compliance on changes.
• Act as end-to-end owner directing tech partners to implement sustainable controls.

Skills

Risk & controls

Data analysis

Project management

Communication skills

Volcker Rule knowledge

Front Office experience

Market risk concepts

Education

Bachelor's degree

Master's degree preferred

Tools

SQL

Python

Jira

Tableau

AI tools

Job description

Our Markets business serves corporates, institutional investors, and governments, leveraging our leading underwriting, sales and trading, and distribution capabilities across Commodities, Equities, Rates, Spread Products, and Currencies. Our broad product coverage and global presence enable us to meet client needs with unmatched precision.

The successful candidate will join the In-Business Risk team within Citi Global Markets. The Global Markets In-Business Risk (IBR) is a Front Office 1st Line of Defense team responsible for market risk across asset classes within Citi’s Global Markets division. The team aims to establish a holistic understanding of market risk and capital of the aggregated trading portfolio, as well as to optimize the business’s return on capital. Global Markets IBR covers all trading businesses globally such as Rates and Currencies, Global Spread Products, Commodities, and Global Equities.

About The Volcker Rule Office (VRO)

The VRO is a first line function responsible for coordinating and monitoring Citi’s Volcker Compliance Program. The team maintains the central control framework and partners closely with Business, Independent Risk Management, Compliance, Legal, Finance, and other functions. The VRO oversees a range of core processes related to desk structure, mandates, trading and hedging strategies, limits, covered funds, and regulatory metrics reporting.

The team also manages frameworks related to Large, Complex and Illiquid (LCI) trades requiring pre-trade approval (PTA), and the Intraday Market Risk (IDMR) monitoring framework.

As a member of the VRO, you will play a key role in delivering integrated solutions that support Citi’s global Volcker Rule compliance program and related regulatory deliverables.

Responsibilities

• Deliver projects and BAU work aligned with the Markets In-Business Risk book of work covering the Volcker Rule Program, LCI PTA, and IDMR monitoring frameworks.
• Conduct detailed transaction and market risk data analysis using Business Intelligence tools, SQL, and Python, identifying issues and emerging themes.
• Prepare and present materials for quarterly limit reviews with Desk Heads and Market Risk Managers.
• Ensure effective execution of control objectives supporting the LCI PTA and IDMR frameworks, including monitoring violations and exceptions, performing root‑cause analysis, reconciling data, reporting key metrics to senior management, maintaining threshold accuracy, and driving process enhancements.
• Oversee the Volcker Control Framework across core subject areas such as Risk Limits and RENTD, while coordinating across related functions including Desk Mandates, Volcker Metrics, and Covered Funds.
• Partner with stakeholders to monitor changes in business activity, assess Volcker implications, and support ongoing compliance with RENTD requirements.
• Project manage and deliver key changes across Trading Desks and Business Units, collaborating with Risk, Legal, Finance, and Compliance.
• Serve as the end-to-end business owner directing Technology partners to design sustainable solutions that enhance controls, streamline processes, and support the Volcker Program, LCI PTA, and IDMR frameworks.
• Identify, prioritize, and manage dependencies, risks, exceptions, and issues across workstreams.
• Support interactions with internal review/testing teams and external regulatory examiners.
• Provide subject matter expertise across multiple workstreams.

Qualifications

• Significant experience (typically 8+ years) in risk and controls, data analysis, and project management.
• Strong communication skills, including the ability to influence and negotiate with senior internal stakeholders.
• Knowledge of the Volcker Rule and Basel/FRTB is an advantage.
• Project management experience in a Markets Front Office environment is preferred.
• Understanding of market risk, trading products, and services (Fixed Income, Equities, Currencies & Commodities, and/or Securities Services).
• Familiarity with Front Office trading processes and the trade lifecycle in a large bank or dealer.

Skills & Competencies

• Strong analytical and problem‑solving abilities with rigorous attention to detail.
• Advanced technical skills (SQL, Python, Jira, Tableau, IA tools).
• Strong organizational skills with the ability to manage and prioritize multiple workstreams.
• Strong interpersonal skills and the ability to foster collaboration across trading and support functions.
• Excellent verbal and written communication skills.
• Proficiency in the MS Office suite.
• Knowledge of Citi internal systems is a plus.

Education

Bachelor's/University degree, Master's degree preferred

Job Family Group

Risk Management

Job Family

In-Business Risk

Time Type

Full time

Primary Location

New York New York United States

Primary Location Full Time Salary Range

$129,840.00 - $194,760.00

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, Controls Lifecycle, Credible Challenge, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

Other Relevant Skills

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

Anticipated Posting Close Date

Nov 17, 2026

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.

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