Individual will work as part of Counterparty Exposure (CPE) team under the global Institutional Credit Management (ICM) group and be responsible for measuring, monitoring and controlling counterparty risk. Located on the Trading Floor, the team structures umbrella trading-programs for clients, optimizing risk vs profitability. Accordingly, the group increases Citis fee-based revenue and market-making execution. Employing risk-based solutions across asset classes; the desk aims to increase Citis profitability while managing the firms risk in times of market volatility and stress. Key responsibilities of the group include risk analysis, risk identification, exposure monitoring and stress testing.
Based in New York the individual will interact with clients and internal stakeholders to provide customized solution to optimize their portfolios from a revenue, risk and funding perspective. The role requires candidates to have strong background in risk, finance and knowledge of derivatives products, as well as the ability to articulate complex ideas to management and clients. A portion of this individuals time will also be allocated to project management and product development.
**Core Responsibilities:**
+ Monitor and assist in the design of portfolio risk management solutions to meet clients objectives.
+ Work with sales and clients to analyze client portfolios, propose risk limits and work with Credit Risk Management to have them approved
+ Utilize risk management tools for the measurement, monitoring and management of exposure.
+ Monitor client exposures and communicate to internal trading desks, Credit Risk and external clients
+ Develop processes to streamline data and risk analysis tasks
+ Compile presentations and documentation for internal or external use on various relative topics
**Qualifications:**
+ 7-10 years relevant experience
+ Degree in business, finance or mathematics.
+ Strong, relevant work experience in the financial industry.
+ Experience in empirical data analysis, risk modelling and stress testing.
+ Familiar with foreign exchange, interest rate and credit derivatives. Knowledge of structured products is a plus.
+ Familiar with risk concepts - VaR, Factor Sensitivities, and Stress Testing.
+ Familiar with industry concepts relating to margin on Uncleared derivatives (SIMM)
+ Familiar with trading and collateral legal documentation
+ Ability to work in a cross functional team and to work well under pressure.
+ Some experience in project management and working with IT partners
**Skills/Competencies:**
+ Strong written and verbal communication skills
+ Strong analytical skills and familiarity with statistical tools and methods.
+ Project management skills spanning risk and technology
+ Experience in risk management and stress testing
+ Programming skills in Python and VBA a plus
+ Excellent attention to detail.
+ Sound risk and business judgement
-------------------------------------------------
**Job Family Group:**
Risk Management
-------------------------------------------------
**Job Family:**
Business Risk & Controls
------------------------------------------------------
**Time Type:**
Full time
------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
-----------------------------
Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.
