Citi Market Risk Analyst in Warsaw, Poland

  • Primary Location: Poland,Mazowieckie,Warsaw

  • Education: Bachelor's Degree

  • Job Function: Risk Management

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 17046807

Description

Point of contact for the local Front Office and Market Risk Management Heads based in London, working to prioritise and successfully implement Market Risk Feed Integration projects.

The incumbent will independently manage on end to end basis multiple market risk feed changes, involving requirements gathering, testing, sign offs and releases to Production across all ICG products; book of work slates Treasury / CVA / Local markets. This can be expanded to other products based on personal’s interest / changes in workflow

Job background/ context:

The DARC MR integration Team is part of the Franchise and Risk Management Reporting.

The team plays an integral role in maintaining the integrity and quality of Front Office data used for Citi’s global Market Risk Reporting.

The team are responsible to coordination and execution of feed changes to Citi’s credit and market risk platforms while maintaining strong focus on data quality, regulatory and Basel requirements.

Key responsibilities:

  • Manage multiple product classes; take the lead on risk initiatives; representation of DARC team in face to face meeting with MRM / Business / FO feed providers based in London

  • Be able to do deep dives on Market risk components (VaR / Stress VaR / IRC) and be able to understand changes

  • Independently manage the complete CRMR framework of all the regulatory implication driven by any changes in risk

  • Provide regular project status updates to senior Management and Project Stakeholders for all active projects.

  • Keep an inventory of new project requests under assigned asset class/set, engage business and Risk Management stakeholders in priority discussions for all new project initiatives

  • Moderate project status meetings to discuss progress

  • Complete, maintain and review project plans for the project implementations

  • Complete User Acceptance Test (UAT) plans, perform and coordinate UAT tasks

  • Obtain approvals for requirements documents, test plans and test results from the business owners and stakeholders

  • Perform reconciliations between UAT and PROD data, explaining differences and liaising with FO-IT to discuss any unexplained variations; can explain the drivers of all the components of capital; have a under standing of implication of missing risk attribute and impact on the business capital

  • Maintain project issues lists, follow up on open items to resolution

  • Drive in internal process reviews and introduce enhancements to improve internal controls and team’s efficiency increase

  • Demonstrate strong awareness of the group’s processes and procedures as well as changes in Market risk (FRTB etc)

Qualifications

Knowledge/ experience :

  • Understanding of Market Risk measures: sensitivities, VaR, Stress Testing

  • Ability to interact at a senior management level across Risk Management, Technology and Front Office.

  • A broad knowledge across financial products and asset classes and their use in the risk management arena.

  • An understanding of how capital regulations impact risk.

  • 2 - 5 years in Risk/Technology/Banking role

Skills:

  • Ideally across the board product knowledge in key asset classes

  • IT / Excel / Access / Oracle / SQL / VBA (Product modelling / quant skills optional).

  • Sound judgement and decision making skills

  • Strong Business Analyst skills

  • Project Management skills are desirable

Qualifications:

  • Degree or post-graduate Qualification: MBA/Masters/PhD/Finance/Accountancy/Other

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Competencies :

  • Leadership abilities

  • Strong verbal and written communication skills

  • Proactive and motivated individual

  • Ability to work across various team’s/organizations

  • Flexibility to work on multiple initiatives concurrently