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

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.

 

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$175,000.00 - $250,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. 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.

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

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

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Anticipated Posting Close Date:

Nov 02, 2026

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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.

 

Illinois residents – AI Notice and Right

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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View Citi’s EEO Policy Statement and the Know Your Rights poster.