Spread Products In-Business Risk (IBR) team – VP

Citi; New York (NY); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

401(k)

Wellness programs

Job summary

Citi is seeking a market risk professional at VP level to join the Spread Products In-Business Risk team in New York. You will provide risk coverage of Flow Credit Trading and Mortgage trading, intersecting risk analytics and capital management with senior business leadership.

The role emphasizes measuring, governing, and improving risk across Spread Products portfolios, including stress testing and VaR, while collaborating with risk, trading, and technology teams.

Qualifications

• 7+ years of experience in a trading or market risk management role.
• Expert-level knowledge of Flow Credit Trading and/or Agency and Non-Agency Mortgage asset classes.
• Experience managing regulatory interactions and leading/regulatory workstreams.
• Exceptional analytical and quantitative capability to interpret data and draw clear risk conclusions.
• Strong communication skills, both written and verbal, to convey risk to senior stakeholders.
• Collaborative relationship management across trading, risk, technology, and regulatory functions.
• Detail-oriented, self-motivated, and intellectually curious about markets and trading dynamics.

Responsibilities

• Monitor systemic and idiosyncratic risks across Spread Products Trading and escalate material risks.
• Track position-level performance and analyze drivers of market movements to form forward-looking risk views.
• Design and implement quantitative risk metrics explaining portfolio performance across positions.
• Partner with analytics and technology teams to build a comprehensive risk monitoring framework.
• Develop understanding of risk across Spread Products, including Stress losses and VAR, strengthening governance and controls.
• Collaborate with independent risk teams to size and calibrate risk limits and monitor usage.

Skills

Years of experience

Flow Credit Trading

Regulatory interactions

Analytical ability

Communication skills

Relationship management

Attention to detail

Job description

Citi is seeking a market risk professional to join the Spread Products In-Business Risk (IBR) team, a Front Office, 1st Line of Defense function responsible for market risk and capital management across Citi's Global Spread Products businesses. In this Vice-President-level role, you will help provide risk coverage of Flow Credit Trading and Agency and Non-Agency Mortgage trading, working at the intersection of risk analytics, capital management, and senior business leadership. This is a high-impact position that directly shapes how risk is identified, measured, and governed across one of Citi's core fixed income businesses. The primary focus of the role is coverage of portfolio risks from Spread Products Trading.

Responsibilities

• Monitor systemic and idiosyncratic risks across Spread Products Trading, engaging regularly with senior business and risk leadership to ensure material risks are identified and escalated appropriately.
• Track position-level performance on an ongoing basis, analyze the drivers of market movements across asset classes, and develop forward-looking views on concentration, emerging, and relative value risks.
• Design and implement consistent, quantitative risk metrics that explain portfolio performance across Spread Products positions under varying market conditions.
• Partner with quantitative analytics and technology teams to build a comprehensive risk monitoring framework that supports portfolio risk management and efficient capital allocation.
• Develop a front-to-back understanding of risk across Spread Products Trading, covering all capital attribution dimensions including Stress losses and Value-at-Risk, and strengthen the governance and control environment accordingly.
• Collaborate with independent risk teams to size and calibrate appropriate risk limits for the business and monitor utilization across portfolios.

Required Qualifications & Skills

• 7 or more years of experience in a trading or market risk management role, with a clear focus on managing market risk as a core part of the position.
• Expert-level knowledge of Flow Credit Trading and/or Agency and Non-Agency Mortgage asset classes.
• Demonstrated experience managing regulatory interactions and leading or contributing to regulatory workstreams.
• Exceptional analytical and quantitative capability, with the ability to interpret complex data and translate findings into clear risk conclusions.
• Strong communication skills, both written and verbal, with the ability to convey risk positions and recommendations clearly to senior stakeholders.
• Effective relationship management skills, with a collaborative approach to working across trading, risk, technology, and regulatory functions.
• Highly detail-oriented, self-motivated, and intellectually curious about financial markets, market structure, and trading dynamics.

Job Family Group

Institutional Trading

Job Family

Trading

Time Type

Full time

Primary Location

New York New York United States

Primary Location Full Time Salary Range

$175,000.00 - $250,000.00

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

Please see the requirements listed above.

Other Relevant Skills

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

Anticipated Posting Close Date

Nov 02, 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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