Given heightened expectations from regulators and a goal to build a strong and consistent global control environment, Citi continues to enhance its business governance framework and has created the Enterprise Data Office (EDO) group. EDO is a critical component of Citi’s first line of defense for wholesale and counterparty credit risk management (CCR) and works with Independent Risk teams to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities of the group include credit analysis, risk identification, exposure monitoring, stress testing, and User Acceptance Testing (UAT). EDO coordinates with credit management groups across institutional businesses to ensure full alignment on business and regulatory goals, as well as consistency and best practices.
The CCR Product Development team within EDO is responsible for a) building tools to provide in-depth quantitative or qualitative analysis to solve business problems and develop new, innovative solutions b) helping to measure, monitor, and control counterparty risk for institutional clients, and c) assessing portfolios and businesses with a focus on counterparty and collateral risk to ensure the risks are being properly measured and controlled in accordance with the Firm’s risk policies. The Product Developer’s role is responsible for the planning and execution of priority projects consistent with these goals.
Responsibilities:
- Develop a UAT strategy for testing high-priority CCR deliverables
- Create UAT test plans to ensure technology deliverables meet the business requirement
- Explore and apply Artificial Intelligence (AI) techniques to enhance risk identification and measurement.
- Help automate manual processes within CCR leveraging Tech Tools and AI solutions
- Define and document detailed business requirements for technology projects with a focus on Counterparty Credit Risk.
- Conduct impact analysis for all changes prior to production implementation
- Work in close co-ordination with in-business risk managers, second-line risk managers, and senior stakeholders to understand their priorities
- Work with technology to build infrastructure for effective, accurate, and timely risk management and reporting
- Build project plans, facilitate data and impact analysis, define business requirements and UAT strategy for technology implementations
- Help align various risk measures for consistent risk monitoring and document methodology differences
- Help track and address CCR data and methodology issues, develop weekly metrics and remediation plans for technology fixes
- Perform daily and weekly analysis of stress variances and identify operational issues and technology fixes
- Develop and enhance tools for measurement, monitoring, and reporting of counterparty exposure including Stress Testing, PFE, Risk Capital and participate in project management of strategic risk infrastructure development, incorporating advanced analytics and AI.
- Work with technology to understand the stress testing infrastructure, systems, and data flows. Identify and document gaps and suggest improvements for target state build-out
- Communicate key findings and issues to senior management and provide regular status updates
- Create presentations and documents for internal and regulatory use on various topics including stress methodologies, and summarizing stress testing issues
Qualifications:
- 5+ years of experience in the financial industry and banking
- Experience with Artificial Intelligence (AI) and/or Machine Learning (ML) concepts and their application in a financial context is highly desirable.
- Subject matter expertise in counterparty credit risk, risk management concepts, data, systems and processes
- Proven expertise in Counterparty Credit Risk, including a deep understanding of risk modeling and mitigation techniques.
- Understanding of Derivatives, SFTs, and other wholesale products
- Understanding of stress testing, credit and market data, pricing, calculations, and reporting
- Strong Excel skills. VBA (Visual Basic for Applications) is a plus
- Experience handling large volumes of data, database programming skills, Tableau, Python, R, or other statistical languages is a plus
- Large scale project management experience
- Strong analytical and problem-solving skills with a proven ability to apply advanced analytical techniques to complex business problems.
- Demonstrated experience in writing detailed business requirements documents for complex financial systems.
- Ability to work well with cross-functional teams from Business, Credit, Operations, and Compliance
- Strong written and verbal communication skills
- Intellectual curiosity, analytical, and conceptual
- Ability to collaborate and clearly communicate with senior members of an organization
- Ability to work independently as well as in a team environment
Education:
- Bachelor’s/Master’s degree in finance, technology, economics or a related field
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Job Family Group: Product Management and Development------------------------------------------------------
Job Family:Product Development------------------------------------------------------
Time Type:Full time------------------------------------------------------
Primary Location:Getzville New York United States------------------------------------------------------
Primary Location Full Time Salary Range:$77,280.00 - $115,920.00
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.------------------------------------------------------
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:Nov 10, 2026------------------------------------------------------
Automated Processing and AIWe 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.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
Skills Required
- 5+ years of experience in the financial industry and banking
- Subject matter expertise in counterparty credit risk, risk management concepts, data, systems, and processes
- Expertise in counterparty credit risk, including risk modeling and mitigation techniques
- Understanding of derivatives, securities financing transactions, and other wholesale products
- Understanding of stress testing, credit and market data, pricing, calculations, and reporting
- Strong Microsoft Excel skills
- Experience with artificial intelligence or machine learning concepts and financial applications
- VBA experience
- Experience handling large volumes of data
- Database programming skills
- Tableau experience
- Python, R, or other statistical programming language experience
- Large-scale project management experience
- Strong analytical and problem-solving skills, including advanced analytical techniques
- Experience writing detailed business requirements for complex financial systems
- Ability to collaborate with Business, Credit, Operations, and Compliance teams
- Strong written and verbal communication skills
- Ability to communicate clearly with senior organizational members
- Ability to work independently and in a team environment
- Bachelor’s or master’s degree in finance, technology, economics, or a related field
Citi Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.
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Healthcare Strength — Health coverage is presented as comprehensive, including free in-network preventive care, mental-health resources, and the Be Well Program. Materials also state new hires have access to health and insurance benefits from the outset.
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Retirement Support — The retirement plan offers a $1-for-$1 match up to 6% of eligible pay. New employees are eligible for the plan, with automatic enrollment after 90 days if they do not enroll themselves.
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Inclusive Benefits Coverage — Benefits highlight fertility treatment coverage, adoption/surrogacy reimbursement up to $30,000, and disability coverage. Coverage extends to spouses and domestic partners regardless of gender identity or sexuality, with gender-affirming care-related support noted.
Citi Insights
What We Do
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
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