Risk Analyst - Market Risk
Citco — Telangana
₹5–9 LPA (HireSetu estimate) · 0–2 yrs exp · Freshers eligible · Full-time · hybrid
HireSetu listing reference ff2d02 — confirm requirements below, then apply on the employer site.
Quick answer: A 0-2 year opening inside Citco's fund administration business, where market risk means valuing OTC derivatives and producing risk and regulatory reports for hedge fund clients. A quantitative degree and comfort with Excel, VBA, SQL and Python count for more here than the name of your last employer.
From Citco's job posting
About Citco
The market leader. The premier provider. The best in the
business. At Citco, we’ve been the front-runner in our field since our
incorporation in 1948 led to the evolution of the asset servicing sector
itself. This pioneering spirit continues to guide us today as we innovate and
expand, push beyond the boundaries of our industry, and shape its future. From
working exclusively with hedge funds to serving all alternatives, corporations
and private clients, our organization has grown immensely across asset classes
and geographies. For us, this progress is a pattern that we’ll only maintain as
we move forward, always prioritizing our performance. So for those who want to
play at the top of their game and be at the vanguard of their space, we say:
Welcome to Citco.
About the Team & Business Line
Fund Administration is Citco’s core business, and our
alternative asset and accounting service is one of the industry’s most
respected. Our continuous investment in learning and technology solutions means
our people are equipped to deliver a seamless client experience.
Your Role
You will produce accurate custom and regulatory risk management and fund performance analytics reports to be distributed to hedge fund clients, their investors and regulatory bodies in a timely manner
Resolve all queries to risk reports
Support the new business process – on-boarding new clients, assisting in the preparation of demos, marketing literature, maintaining demo risk system and product development (eg exploring/researching/bringing to market possible new revenue streams such as in response to emerging regulations)
Be involved in the maintenance, prototyping and user acceptance testing of internally developed valuation models and risk tools
Perform operational risk management – risk reporting process documentation, improving processes through increasing level of automation, ensure consistent application of CFS policies and procedures, identify and appropriately communicate potential internal and external risks.
Assist relationship managers by participating in monthly calls or any escalation relating to day-to-day risk reporting issues, participate in communication/escalation aspects of complex issues resolution
About You
You have a quantitative background with a Bachelor/higher level degree or professional qualification (MSc, PhD, CQF, FRM, PRMIA, GARP, CFA, FIA)
A quick learner who is self-motivated and demonstrates a strong attention to detail while multi-tasking
Excellent oral and written communication skills and interpersonal skills
Proficient in Excel, VBA, SQL and Python
0-2 years of experience in Financial Services, preferably with detailed knowledge of pricing/valuing/risk management of OTC derivatives using both in-house models/financial libraries/risk systems and specialist vendors such as Bloomberg BVAL, SuperDerivatives and IHS Markit
Knowledge of investment risk measurement and management under regulatory frameworks such as Form PF, Form CPO-PQR, Annex IV, Basel III/CRD IV/CRR and Solvency II is advantageous
Our Benefits
Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
Text from Citco's official job posting, formatted by HireSetu. The employer's own page is the final word on details.
HireSetu's note
Risk numbers that reach clients and regulators
Market risk analyst usually points to trading-floor limits and VaR inside a bank. At Citco the seat sits in fund administration, and the output is reports that go to hedge fund clients, their investors and regulators. A wrong figure leaves the building under the firm's name and gets acted on.
Client onboarding, demo systems, marketing material and UAT on internally built valuation models are all part of the role. Testing a model someone else coded and writing up exactly what broke is real work here, not a side task.
Derivatives first on the CV
The listing asks for detailed knowledge of pricing and risk for OTC derivatives, through in-house models or vendor systems such as Bloomberg BVAL, SuperDerivatives and IHS Markit. If your internships were in equity research or credit, that is the gap to close before you apply. Options, Greeks and how a swap gets valued are the vocabulary of this desk.
Excel and VBA are the daily tools. SQL and Python come in for pulling data and automating reports, and process automation is written into the duties, so any script you wrote to replace a manual task earns a line on the CV.
The regulatory side, Form PF, Annex IV, Basel III, is listed as advantageous, so a reading-level familiarity is enough to start. Ask which clients and report types you would cover, since that decides how much derivatives work you actually touch.
Drafted with AI from Citco's job posting and checked by Prashanth Jakkula before publishing. See our Editorial Policy.
How to apply
- Open Citco's careers site with the Apply button.
- Enter your email address; Oracle sends a one-time code instead of asking for a password.
- Upload your resume or fill in the profile form, then answer the questions for this role.
- Submit and keep the confirmation email, which also lets you track the application.
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