In-Business Risk Manager, Senior Vice President

Citi; New York (NY); Hybrid; USD 122,000 - 162,000; Full time

Job summary

Citi is seeking an In-Business Risk Manager, Senior Vice President, to lead cross-asset market risk analysis within Global Markets. You will quantify emerging risks, discuss hedging strategies, and ensure risk frameworks align with capital objectives.

The role requires expertise across asset classes, strong Excel/SQL/Python skills, and the ability to communicate clearly with trading desks and risk teams. Hybrid work in London is offered.

Qualifications

• Experience in trading or trading strategy, or related field.
• Deep subject matter expertise in at least one asset class.
• Strong written and verbal communication skills.
• Self-motivated with a drive to learn and improve.

Responsibilities

• Identify and quantify current and emerging market risks within trading inventory and discuss with head of IBR and trading desks.
• Track asset performance and basis moves; understand drivers and transmission mechanisms across asset classes.
• Understand the firm’s risk appetite, limits and capital framework to guide risk optimization.
• Support head of IBR and trading businesses to analyze return on capital and risk appetite ratio.
• Represent the business with 1st Line of Defense and coordinate with 2nd Line risk teams to size risk limits.
• Assist with regulatory questions including non-US regulatory requests related to FRTB readiness.
• Work with Technology/MQA to improve risk monitoring framework.

Skills

Trading experience

Quantitative analysis

Interpersonal skills

Strong communication

Risk management

Asset class expertise

Microsoft Excel

SQL

Python

Geopolitics interest

Education

Bachelor’s or Master’s degree

Tools

SQL

Python

Job description

In-Business Risk Manager, Senior Vice President

Job Req Id:

26945261

Location(s):

London, England, United Kingdom

Job Type:

Hybrid

Posted:

Aug. 06, 2026

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Global Markets In-Business Risk (IBR) is a front office team responsible for market risk across all asset classes in Citi’s Global Markets division.

The team develops a holistic understanding of market risk and evaluates the risk/reward and capital impact across the aggregated Markets’ trading portfolio to optimize the return on capital, within risk appetites.

It covers Rates and Currencies, Spread Products, Commodities and Equities.

This role is focused on the cross-asset portfolio risks arising from Markets trading activities.

What you will do:

• Identify and quantify current and emerging market risks within Markets’ trading inventory, leveraging data analysis, newsflow and research. Discuss these with head of IBR and trading businesses. Design appropriate hedging strategies as needed.
• Track asset performance and basis moves across markets. Understand the primary drivers, transmission mechanisms and second order impacts across asset classes. Connect the dots to produce a forward-looking view of material and emerging risks and potential PnL impacts.
• Understand the firm’s risk appetite, limits, and our capital framework to guide effective optimization and allocation of risk. This includes understanding VaR, Stress loss, FRTB, etc. at both Markets and material legal entity levels.
• Support head of IBR and trading businesses to analyze their return on capital and risk appetite ratio.
• Represent the business (1st Line of Defense) and work closely with independent risk teams (2nd Line of Defense) in sizing appropriate risk limits and managing their utilization for Markets business and some material legal entities
• Assist with occasional regulatory questions and requirements, including non-US regulatory requests related to FRTB readiness
• Work with Technology / MQA to improve risk monitoring framework for managing overall portfolio risk and capital utilization

What we need from you:

• Experience in trading or trading strategy is preferred, otherwise experience in a related role such structuring, macro research or quantitative analysis, with a focus on managing market risk.
• Deep subject matter expertise in at least one asset class and the ability to draw parallels between emerging dynamics and risks in different asset classes
• Strong interpersonal skills; to build relationships with trading desks and second line risk
• Clear and concise written and verbal communication
• Exceptional analytical competency, attention to detail and problem-solving skills
• The candidate must be highly self-motivated, with a desire to learn and continuously improve their own understanding and their contribution to the team’s goals
• An interest in geopolitics, financial markets and trading
• Strong in MS Excel. Programing skills such as SQL and python are preferred

Education:

Bachelor’s degree or master’s degree. Preferably in Economics, Engineering, Statistics, or Finance.

Job Family Group:

Institutional Trading

Job Family:

Trade Support

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above

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