About Company
Citigroup, a leading global bank, has been a trusted partner to institutions, corporations, governments, and consumers worldwide for over 200 years. With operations in more than 160 countries and jurisdictions, we provide a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and treasury services, and wealth management. At Citi, we are committed to fostering a diverse and inclusive environment where innovation thrives, and our employees are empowered to achieve their full potential while making a meaningful impact on the global economy. Join us in shaping the future of global finance.
Job Description
Citigroup is seeking a highly motivated and detail-oriented Risk Analyst to join our dynamic team in Saddle Rock, Aurora. This is an urgent hiring opportunity for an individual passionate about financial markets and risk management, ready to make an immediate impact within a global leader. As a Risk Analyst, you will play a critical role in identifying, assessing, and mitigating various financial risks across our diverse portfolio. You will be instrumental in ensuring the stability and resilience of our operations, working with sophisticated data analytics and collaborating with senior stakeholders across different business lines. This position offers an unparalleled opportunity to deepen your expertise in a fast-paced environment, contribute to strategic decision-making, and advance your career within one of the world’s most influential financial institutions. We are looking for an analytical mind with a strong understanding of financial products and markets, capable of thriving in a challenging yet rewarding atmosphere. If you possess exceptional problem-solving skills, attention to detail, and are committed to maintaining the highest standards of financial integrity, we encourage you to apply and become a vital part of our risk management framework.
Key Responsibilities
- Perform comprehensive quantitative and qualitative risk assessments across various asset classes, business units, and geographical regions.
- Develop, implement, and validate complex risk models (e.g., credit risk, market risk, operational risk), ensuring their accuracy, effectiveness, and compliance with internal policies and external regulatory standards.
- Monitor global market trends, economic developments, and regulatory changes to identify emerging risks and inform proactive mitigation strategies.
- Prepare detailed risk reports, insightful presentations, and intuitive dashboards for senior management, executive committees, and regulatory bodies, translating complex data into actionable insights.
- Collaborate cross-functionally with front office, technology, compliance, and legal teams to integrate robust risk management practices into daily operations and strategic initiatives.
- Conduct thorough scenario analysis and stress testing to evaluate potential impacts of adverse events on the firm's financial health and capital adequacy.
- Analyze large datasets using advanced analytical tools and techniques to identify patterns, anomalies, and potential risk exposures, advising on necessary adjustments.
Required Skills
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
- Minimum of 3 years of experience in risk management, financial analysis, or a similar analytical role within the financial services industry.
- Strong understanding of financial products, markets, and risk management principles (credit, market, operational risk).
- Proficiency in data analysis tools such as Microsoft Excel (advanced functions), SQL, and statistical software (e.g., R, Python).
- Excellent analytical, problem-solving, and critical thinking skills with meticulous attention to detail.
- Strong communication and interpersonal skills, capable of explaining complex risk concepts clearly to diverse audiences.
- Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities.
Preferred Qualifications
- Master's degree in a quantitative discipline (e.g., Financial Engineering, Applied Mathematics, Business Analytics).
- Relevant professional certifications such as FRM (Financial Risk Manager), CFA (Chartered Financial Analyst).
- Experience with risk management software platforms and financial modeling tools (e.g., Monte Carlo simulations).
- Knowledge of regulatory frameworks such as Basel III, Dodd-Frank, and other relevant financial regulations.
Perks & Benefits
- Comprehensive Health, Dental, and Vision Insurance
- 401(k) Retirement Plan with Company Match
- Generous Paid Time Off (PTO) and Holiday Schedule
- Opportunities for Professional Development and Continuous Learning
- Tuition Reimbursement Program
- Employee Assistance Program (EAP)
- Wellness Programs and Resources
- Life and Disability Insurance
- Employee Stock Purchase Plan
How to Apply
To apply for this exciting opportunity, please click on the application link below. Submit your detailed resume and a cover letter outlining your qualifications and interest in the Risk Analyst position at Citigroup. We encourage all qualified candidates to apply promptly as this is an urgent hiring need.