Capital Markets Credit Risk Manager, SVP (Hybrid)

Overview

Serve as the subject matter expert on capital markets products and counterparty credit risk for Citi Wealth's HNW and UHNW client portfolios, providing advisory authority on market, counterparty and credit risk.

What you'll do

• Help develop, govern and continuously enhance the capital markets counterparty risk framework, policies and procedures for wealth management portfolios.
• Serve as lead SME on the risk characteristics of complex capital market and counterparty credit products, including derivatives (rates, FX, equity, fixed income, commodity), structured products and alternative investments.
• Support interactions with key regulators (e.g., OCC, FRB) on capital markets risk matters, owning the end-to-end process for risk-related submissions.
• Define, implement and monitor the risk appetite framework and associated limits for HNW/UHNW counterparty credit exposures.
• Collaborate with Model Developers and Model Risk Management to review and/or validate valuation (IPV), risk (VaR, CVA) and stress testing models.
• Provide expert counsel and independent challenge to senior business leaders, portfolio managers and client advisors on complex risk decisions, new product approvals and large transactions.
• Advise on the design and production of capital markets risk dashboards and analytics for senior management, including AI adoption, and ensure timely escalation of material risks and limit breaches.
• Partner with Technology to define the strategic roadmap for risk systems and infrastructure.
• Lead risk analysis and response on the impact of market stress on capital markets credit portfolios.
• Lead ongoing monitoring, analysis and management of capital markets credit portfolios, identifying trends, concentrations, emerging risks and opportunities to optimize risk-adjusted returns within approved risk appetite.
• Help drive strategic initiatives for the WPPM Head and Wealth CRO by leveraging data science and AI across the credit lifecycle.
• Translate complex data and analytical findings into actionable business strategies, procedural enhancements and recommendations for senior management.
• Act as a change catalyst and early adopter of new technologies, helping others understand the benefits of AI in risk management.
• Mentor and develop junior risk professionals.

What you'll need

• A minimum of 10+ years of professional experience in Counterparty Credit Risk management or a related field within financial services.
• Advanced knowledge of capital markets products including derivatives (Rates, FX, Equities, Fixed Income, Commodities), structured products and alternative investments.
• Advanced knowledge of wealth client segments including HNW, UHNW, Institutional Family Offices and Financial End Users.
• Advanced knowledge of counterparty credit concepts including exposure measurement (potential future exposure, net stressed exposure), collateral/margin requirements, wrong-way risk, concentration risk and stress testing.
• A bachelor's degree in a quantitative discipline such as Mathematics, Computer Science, Economics, Statistics or Financial Engineering.
• Expertise in MS Office (especially Excel) and familiarity with advanced data analysis and visualization software (e.g., Tableau, Power BI).
• Driving actions, outcomes and solutions through AI tools to help facilitate management decisions.
• Extensive experience in credit risk management, portfolio oversight, risk appetite management, concentration risk, stress testing, credit lifecycle management and portfolio optimization.
• Demonstrated performance in leading large-scale business, risk and technology transformation initiatives, driving adoption of new processes, analytics and AI-enabled capabilities.
• Demonstrated success managing stakeholder engagement, overcoming resistance to change, influencing senior leaders and embedding sustainable changes.
• Understanding of Enterprise Risk Management frameworks, including risk appetite, enterprise-wide stress testing, risk measurement and aggregation and executive risk reporting.
• Sound strategic thinking and the ability to connect analytical insights to business outcomes.
• Substantial knowledge of the regulatory and compliance landscape governing financial services.
• Strong leadership capabilities, including fostering team collaboration, mentoring junior talent and influencing senior stakeholders.
• Superior verbal and written communication skills, with the ability to articulate complex technical concepts to non-technical audiences.
• Proactive, advanced problem-solving, with the capacity to thrive under pressure and meet tight deadlines.

Nice to have

• Advanced degrees in a quantitative discipline.
• Hands-on experience with Gen-AI models such as Co-Pilot, Gemini etc.

Details

• Location: Mumbai, Maharashtra, India.
• Work mode: Hybrid.
• Employment type: Full time.