Position reports to the Senior EMEA Commodity Market Risk Officer, with specific oversight of trading desks for Multi-Asset and Metals Desks. Review of all new business proposals (large transactions, new products or infrastructure) including working with trading desks to agree upon, set and monitor market risk limits.
Independent oversight of policy and framework development and implementation where required.
Review and monitor commodity exposure to ensure compliance with risk framework and initiate action and escalate when required.
Ensure desk compliance with various regulatory requirements such as Permitetd Product and legal entity monitoring. Coordinate regulatory stress testing exercises such as CCAR, PRA etc.
Develop and deliver relevant risk analysis / recommendations and Management reporting as required.
Enhance the Market Risk Measurement/Reporting infrastructure by coordinating projects with the Risk Architecture, Risk Reporting and Information Technology groups.
Work as a partner with the desk by ensuring constant communications and develop a strong fundamental view of the market and the desk's trading strategies.
Own specific regulatory-driven or efficiency-driven projects that could span across businesses outside of immediate coverage.
Interact with key support groups such as Financial Control, Risk Control, Front Office Quants and Technology to ensure risk and PnL are being captured and reported accurately.
Work with the Business Development teams to evaluate the risk of new transactions from an individual and portfolio perspective.
Facilitate project management / ad hoc reporting across Risk Management personnel within Commodities and within the wider Market Risk Management organization.
Key experience and requirements for the role:
Extensive years of capital markets experience and/or extensive years of relevant industry experience, with an emphasis on commodities or exotic product coverage a strong plus.
Comprehensive experience and understanding of physical and financial markets, preferably within a financial services organization (though industry experience is welcome)
Extensive experience with VAR, stress testing techniques and other capital market quantitative measurements and practices
Relationship management and liaison with the business at various management levels
Emphasis on formulating business requirements and working with Technology in delivering projects for Market Risk.
Demonstrable skills required:
Detail orientated, good organizational skills and methodical approach to solving problems
Proactive attitude, ownership, timeliness of delivery in a fast-paced, outcome focused environment
Sound client and team management skills
Strong presentation and communication skills
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer
Internal Number: 5375613
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