Market Risk Manager - VP

Paris, France
29 Jan 2023
12 Feb 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
  • As part of the implementation of Citi's transformation of CGME into an investment firm in Germany and as part of Citi's Brexit strategy, this role is required to strengthen market risk management. The role will involve close collaboration with the traders.
  • Focus will be on the implementation and management of a regulatory-compliant and robust market risk framework for the entity and meeting the needs of local regulators. Among other things, the role will be responsible for monitoring, reporting and escalating market risk to internal and external stakeholders and has to ensure that CGME complies with appropriate Citi policies and procedures, industry best market risk management practices, and regulatory requirements at all times.
  • Day to day responsibility for market risk management in CGME, especially monitoring Equity risk exposures.
  • Monitoring exposures under the limit framework and ensure adherence to Citi's market risk policies and regulatory requirements.
  • Close co-operation with other market risk managers responsible for products / desks or other legal entities.
  • Actively engaging with the traders/business to ensure proper governance over CGME's market risk exposures.
  • Assist with the development of a sustainable solution for the market risk of EBA stress testing which aligns with internal and regulatory reporting.
  • Conduct analysis and assist in the preparation of market risk components of ICAAP, Risk Appetite Statements, Stress Testing and other ad-hoc regulatory or legal entity governance projects drawing in appropriate regional/global market risk resources as required
  • Support CGME's Market Risk team in evaluating legal vehicle market risk controls and framework for any new business or strategic initiatives.
  • Review CGME legal vehicle market risk positions in the context of limits, mandates and permitted product lists.
  • Escalate any issues, with appropriate suggested mitigations, to CGME Head of Market Risk without delay.
  • Assist with delivery of market risk reports/commentary to ALCO (Asset & Liability Committee) & other Risk Committees, regulators, and Senior Management.
  • Work closely with global risk management teams to ensure CGME legal vehicle risk issues are being identified and addressed.
  • Assist in ensuring that market risk component of relevant audits, inspections and reviews are completed successfully.
  • Participate in critical projects and ad-hoc requests as they arise.
  • 6-10 years relevant experience
  • Degree in a quantitative or financial discipline.
  • Equity/commodities Product knowledge is an asset
  • Fluent in written and spoken English, German desirable
  • Knowledge of financial instruments and risk metrics • Quantitative skills including mathematics involved in risk estimation and modelling • Excellent written and verbal communication skills • Must be a self-starter, flexible, innovative and adaptive • Ability to work collaboratively and with people at all levels of the organization • Excellent written and verbal communication and interpersonal skills • Ability to both work collaboratively and autonomously; ability to navigate a complex organization • Advanced analytical skills • Excellent project management and organizational skills and capability to handle multiple projects at one time • Proficient in MS Office applications (Excel/VBA, Word, Power Point) and SQL
  • Programming and/or database management experience
  • Bachelor's/University degree, Master's degree preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group:
Risk Management -------------------------------------------------
Job Family:
Market Risk ------------------------------------------------------
Time Type:
Full time ------------------------------------------------------
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