Senior Margins Business Analyst – Vice President

Job Overview

The Technology Business Analyst (VP) will serve as a critical bridge between business stakeholders and technology teams within the Margin & Risk technology platform. This role will support Citi’s multi-year transformation to modernize margin, risk, and post-trade platforms across asset classes, with a particular focus on OTC derivatives and cross-asset margining.

The ideal candidate will combine strong domain expertise, analytical rigor, and technical fluency, playing a hands-on role in requirements definition, control design, data analysis, and delivery governance across complex, regulated systems.

Responsibilities

• Partner with Trading, Risk, Operations, Finance, and Technology to gather, analyze, and document complex business and regulatory requirements related to margin, collateral, and risk calculations.
• Translate business needs into clear, actionable artifacts (user stories, BRDs/FRDs, data mappings, process flows).
• Perform gap analysis of current vs. target-state processes, data flows, and controls.
• Support design decisions aligned with target-state architecture, including microservices-based and event-driven platforms.
• Support systems calculating and optimizing margin requirements using models such as VAR, SIMM, and Credit Stress.
• Analyze trade, market data, and MTM flows, ensuring consistency, completeness, and accuracy across the lifecycle.
• Partner closely with Quant, Risk, and Data teams to validate methodologies, assumptions, and outputs.
• Contribute to the design and enhancement of data quality, completeness, accuracy, and timeliness controls.
• Ensure alignment with internal governance, regulatory expectations, and audit requirements.
• Proactively identify risks, dependencies, and control gaps, escalating where appropriate.
• Work closely with development leads and engineers throughout the SDLC.
• Participate in agile ceremonies, backlog refinement, sprint planning, reviews, and UAT.
• Coordinate with global and offshore teams to ensure consistent delivery and documentation standards.
• Support production releases, validation activities, and post-deployment reviews.
• Communicate complex concepts clearly to both technical and non-technical stakeholders.
• Influence across teams without formal authority to drive alignment and delivery.
• Contribute to roadmap discussions, platform modernization initiatives, and continuous improvement efforts.

Required Qualifications

• 6+ years of experience as a Business Analyst in a financial services or regulated technology environment.
• Strong understanding of margining, derivatives, and risk management concepts.
• Deep experience working with complex data flows (trades, MTMs, reference data).
• Working knowledge of SQL, data analysis tools, and process modeling.
• Experience working in Agile / Scrum delivery models.
• Proven ability to translate business requirements into technical deliverables.
• Experience supporting large-scale, distributed systems in a production environment.
• Strong analytical, problem-solving, and critical-thinking skills.
• Excellent written and verbal communication skills.

Preferred Qualifications

• Experience supporting OTC derivatives, repos, or cross-asset margin platforms.
• Familiarity with VaR/SIMM and risk calculation concepts.
• Prior exposure to platform modernization initiatives (cloud, microservices, APIs, Kafka/event streams).
• Risk or regulatory background; experience interacting with Audit or regulators is a plus.

Education

• Bachelor’s degree/University degree or equivalent experience.
• Master’s degree preferred.
• Professional certifications (e.g., CFA, FRM) are a plus.

Compensation & Benefits

• Primary Location Full-Time Salary Range: $129,840.00–$194,760.00.
• Discretionary and formulaic incentive and retention awards (for eligible employees).
• Medical, dental, and vision coverage.
• 401(k) plan.
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off packages: planned time off (vacation), unplanned time off (sick leave), and paid holidays.