Collateral Risk Analyst (Assistant Vice President)

Job Description

The Institutional Credit Management (ICM) organization is a core first line risk function at Citi, responsible for independent credit risk assessment, portfolio oversight, and governance across institutional businesses globally.

Citi is seeking a Collateral Risk Analyst (AVP) to support collateral eligibility, valuation, and risk mitigation activities across institutional portfolios. This role sits at the intersection of credit, collateral, and regulatory risk, offering meaningful exposure to complex secured financing structures, margining frameworks, and portfolio level risk assessment.

This is a hands on, judgment driven AVP role with visibility across Businesses, Credit Officers, Portfolio Management, Legal, and Risk partners, ideal for professionals looking to deepen technical collateral expertise while building a long term risk career in New York.

Role Overview

The Collateral Risk Analyst (AVP) is responsible for executing and enhancing collateral risk oversight practices across multiple businesses. The role focuses on reviewing collateral structures, assessing adequacy of coverage and risk metrics, identifying emerging risks such as market stress and wrong way risk, and supporting policy and governance initiatives.

The position requires independent analytical judgment, strong attention to detail, and the ability to communicate risk effectively to senior stakeholders.

Key Responsibilities Collateral Review & Risk Assessment

• Review collateral schedules, terms, and structures to ensure accuracy, completeness, and compliance with internal policies and regulatory expectations
• Validate collateral eligibility based on asset class, documentation, legal enforceability, and internal risk standards
• Assess collateral coverage, margin sufficiency, and concentration risk relative to exposure and portfolio guidelines

Risk Identification & Portfolio Oversight

• Identify and assess collateral related risks, including market volatility, liquidity stress, and wrong way risk
• Evaluate impacts at the counterparty and portfolio level and escape emerging risks as appropriate
• Support the development of risk mitigation strategies aligned with Citi's risk appetite

Monitoring, Reporting & Data Analysis

• Monitor collateral performance, exceptions, and trends across institutional portfolios
• Produce clear, concise risk reporting for Credit and Risk stakeholders
• Analyze collateral and market data to support ongoing risk oversight and decision making

Policy, Governance & Regulatory Support

• Contribute to the development and maintenance of collateral risk policies, procedures, and guidelines
• Ensure ongoing alignment with regulatory expectations (e.g., OCC, FRB, margin related requirements)
• Support internal audits, regulatory exams, and risk reviews related to collateral activities

Stakeholder Partnership

• Partner closely with Credit Officers, Portfolio Managers, Legal, Operations, and Risk peers
• Communicate complex collateral concepts clearly to both technical and non technical audiences
• Provide subject matter support on collateral risk matters across the organization

Qualifications & Experience

• Bachelor's degree in Finance, Economics, Mathematics, or a related field
• 5-8 years of experience in collateral risk, credit risk, market risk, capital, liquidity, or a related institutional risk function
• Strong understanding of credit risk, collateral mechanics, and market risk principles
• Proven ability to exercise independent judgment in risk assessment
• Experience with collateralized products, margining, secured financing, or derivatives collateral
• Familiarity with collateral or margin related regulations (e.g., Uncleared Margin Rules)
• Experience with data and reporting tools (e.g., Excel, SQL, Tableau)
• CFA or FRM certification a plus

Working Environment: office setting, minimal travelling and working hours in the office may be required during projects.

Effort: minimal physical effort required. High levels of prolonged and intense concentration may be required in front of computer.

Job Family Group:

Risk Management

Job Family:

Portfolio Credit Risk Management

Time Type:

Full time

Most Relevant Skills

Analytical Thinking, Credible Challenge, Governance, Policy, Procedure, and Regulation, Portfolio Analysis, Risk Management Lifecycle.

Other Relevant Skills

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

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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