Analyst
Being a Risk Analyst at Citi
The Risk Analyst Programme provides the unique perspective that
comes with a strategic business partner throughout the divisions of
the Firm. After training, Analysts have the opportunity to work in
the Institutional Clients Group (ICG), the Consumer Bank and Citi
Alternative Investments across many different functions such as
Credit Risk, Market Risk, Risk Architecture, Infrastructure Risk
and Risk Capital.
The Risk Analyst Programme has
two separate tracks:
1) The Global Risk track is a one-year rotational Programme and is
structured to respond to the increasingly quantitative and
technical demands of the financial world. This allows Analysts with
strong technical and quantitative abilities to spend time across
the Citi Risk businesses including the Global Consumer Bank, Global
Institutional Bank, Private Bank and Brokerage, Risk Capital, Risk
Architecture, Infrastructure Risk and our CAO groups.
Training
The
ten-week training is delivered by a combination of practitioners in
the business and industry, including resident experts in Risk
Management. The curriculum includes a Citi orientation and topics
such as Financial Accounting, Finance, Balance Sheet Analysis,
Strategy & Planning, Tax, Risk policies and other professional
training.
Candidates will gain a broad
understanding of how a portfolio of risk is managed in a global
financial institution using various measurement techniques
including VaR, stress-testing and scenario analysis. Candidates
will also learn about the risks and rewards from individual
financial instruments. Additionally, the Programme includes several
networking events. The Risk Analyst Programme provides the
unique perspective that comes with a strategic business partner
throughout the divisions of the Firm.
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2) The Institutional Clients Group (ICG) Risk track. Global
Industries and Regional Markets (GIRM) Risk Programme
Analysts will work primarily within the (GIRM) group and will
work in a pool supporting a series of industries or products in the
ICG. The Analysts will focus on analysis, transaction
execution and portfolio management.
Initial Training
GIRM Analysts will join their counterparts from Banking and Capital
Markets Origination (CMO) in a combined nine-week training
Programme covering areas such as Financial Accounting, Mergers
& Acquisitions, Debt and Equity Capital Markets, Risk Analytics
and Financial Modelling.
Banking, CMO and GIRM are three businesses
that work closely in partnership to provide financial solutions to
our large multinational client base and this training Programme has
been designed to give new analysts some of the fundamental skills
and knowledge required to operate successfully in this area.
On the
job…
After successful completion of this Programme
GIRM analysts will join the risk team responsible for managing the
credit risk of our Banking client base. This work can be
split into two main tasks:-
1) Working
with our banking and product partners on a variety of transactions
where the bank is putting capital at risk, which can be anything
from acquisition financing to complex derivatives to corporate
restructurings.
2) The
ongoing monitoring of our corporate client portfolio in Europe,
carrying out analytical analysis to understand the credit standing
of individual clients, examining the inherent risks in the
industries and countries they operate in as well as conducting
stress tests to understand the impact of potential shocks to the
financial system.
Our clients are divided into four broad
industry groups: Consumer & Healthcare (C&H), Technology,
Media and Telecoms (TMT), Power, Energy, Chemicals and Mining
(PECM) and Industrials - covering Autos, Aviation, Shipping and
General Corporates. So analysts will have the opportunity to build
a broad industry knowledge of these sectors and will gain
experience working on transactions supporting our clients, which
can be as diverse as a ship financing to the project finance of a
power station.
Who We’re Looking For
We are looking for people who can think globally, creatively and
be innovative to help us to continue to succeed and meet our
business goals.
We encourage applications from all backgrounds, Accounting and
Finance degrees are a plus. The common factor in all of our new
recruits is motivation, strong academic performance, positive
attitude, strong analytical skills, excellent communication skills,
and the ability to work independently or in a team setting in a
challenging and changing, high-volume, fast paced environment.
Having a genuine passion for the industry is also crucial to
becoming a successful analyst
Risk Summer Analyst
The Summer Internship Programmeme is a 10 week Programme.
The Summer Analyst Programme begins with intensive classroom
training covering Citi Orientation, overviews of each areas within
Risk and Technical Training. The orientation will help you
understand Risk and you’ll see how the Risk business works
alongside the Citi businesses.
After the orientation, you will work with your pre-assigned team
within one of the Risk divisions; Institutional Clients Group
(ICG), the Consumer Bank across different functions such as Credit
Risk, Market Risk, Risk Architecture, Infrastructure Risk and Risk
Capital. The type of position and deliverable vary for each Summer
Analyst according to placement and business need. Top performing
Summer Analysts will be considered for the full time Risk Analyst
Programme. The Summer Programme will provide Analysts with buddies,
networking opportunities, and Senior Speaker Events where Citi’s
senior management will host discussions and answer questions.