Market Risk - FRTB Business Analyst, Vice President

Overview

Manage FRTB market risk policy for assigned product portfolios and join the Global Market Risk Change Management Team, covering project management and business analysis for the Basel 3 Endgame / Fundamental Review of the Trading Book (FRTB) across Standardized Approach (SA) and Internal Models Approach (IMA).

What you'll do

• Manage market risk policy under the FRTB framework for assigned product portfolios to maintain overall portfolio health.
• Develop and interpret risk frameworks and policies that guide credit and market risk decisions across the business.
• Partner with regional risk teams to secure policy approvals and confirm alignment with global and regional policy requirements.
• Analyze portfolio and segment level data to monitor risk exposure, inform policy adjustments, and support sound credit decisions.
• Track policy implementation progress and report status updates to key stakeholders.
• Identify obstacles to policy execution and resolve them to keep programs on schedule.
• Prepare performance reports on risk policies and recommend improvements that strengthen governance.
• Assess risk in business decisions and escalate control issues with transparency to protect Citi, its clients, and its assets.
• Perform hands-on design and execution of detailed testing across both Standardized Approach (SA) and Internal Models Approach (IMA).

What you'll need

• 8+ years of experience in risk management, policy development, or a related field.
• Background in governance, controls, and risk management processes within financial services.
• Experience working as a risk policy officer or in a similar risk management role.
• Understanding of market trends, risk management practices, and portfolio strategy.
• Experience developing risk policies and assessing and mitigating financial risk.
• Ability to analyze and interpret data to support portfolio monitoring and sound risk decisions.
• Ability to navigate regulatory requirements and compliance considerations across financial services and communicate findings clearly to stakeholders.

Nice to have

• Knowledge of the FRTB US regulation.
• Exposure to market risk practice in general.
• Knowledge of Python or AI prompting.

Details

• Location: Mumbai, Maharashtra, India.
• Hybrid arrangement: 3 days in the office and 2 days working remotely each week.
• Full-time employment.