Product Developer, Counterparty Credit Risk – Loans Stress Loss (AVP)
Likely
Sponsorship likelihood
This employer has issued visas recently
Not disclosed
Salary
Not disclosed by employer
£54,900
Going rate
Skilled Worker going rate
This role likely qualifies for a Skilled Worker visa
SOC 2133 (74% match) is an eligible occupation, with a going rate of £54,900, and CITIGROUP LIMITED is a licensed sponsor. That is our reading of the rules. Whether they issue a Certificate of Sponsorship is still their call.
In 2025, CITIGROUP LIMITED assigned 23 or more Certificates of Sponsorship for SOC 2133 jobs, according to the Home Office.
This could also be SOC 2422 (Finance and investment analysts and advisers) or SOC 2440 (Business and financial project management professionals). We read the code off the advert, so it is our best guess, not the employer's.
New graduate or PhD holder? Pick one of the lower rates.
What each route needs for this job
| Occupation code | New entrant 70% of going rate | STEM PhD 80% of going rate | Relevant PhD 90% of going rate | Standard rate 100% of going rate |
|---|---|---|---|---|
2133 IT business analysts, architects and systems designers Most likely code | £38,400 | £43,900 | £49,400 | £54,900 |
2422 Finance and investment analysts and advisers Also possible | £33,400 | £36,700 | £41,200 | £45,800 |
2440 Business and financial project management professionals Also possible | £39,500 | £45,200 | £50,800 | £56,500 |
We use the lowest threshold across the plausible codes. Likelihood is Possible at most when the pay clears only a lower rate, or only under a less likely code. How the Home Office picks the code
About the role
Citi is looking for a Product Developer to join its Counterparty Credit Risk team, where you will serve as the critical link between Technology and business stakeholders — including Risk, the Desk, and Underwriters — with a focus on Loans Stress Loss analysis and delivery. In this role, you will directly influence the accuracy, integrity, and development of risk exposure reporting and systems that shape decision-making across the business. Your work will have tangible impact on the effectiveness of a key risk function within Citi's global banking operations.
Responsibilities
- Analyse and validate total outstanding and unused committed credit exposure, along with associated Loans Stress Loss figures, to ensure accuracy and integrity of risk reporting.
- Identify the root causes of exposure movements and partner with underwriters, business teams, and the Portfolio Management Group to investigate and confirm findings.
- Investigate irregular or unexpected changes in exposure data, coordinating with relevant teams to diagnose and resolve issues spanning collateral, trade bookings, data quality, and model outputs.
- Partner with business and technology stakeholders to improve and enhance systems and processes related to Loans Stress Loss, including gathering requirements, producing business requirements documentation, and coordinating user acceptance testing.
- Identify and recommend solutions across data analytics, reporting, relationship management systems, trade workflows, and trade processing to improve operational effectiveness.
- Assess risk implications when business decisions are made, ensuring actions uphold Citi's standards, comply with applicable regulations, and are escalated transparently where required.
Required Qualifications & Skills
- 3 to 5 years of experience in Technology Finance. Experience in Counterparty Credit Risk management is a plus.
- Proficiency in Tableau, Python and Excel, applied to data investigation, exposure analysis, and reporting.
- Ability to conduct business analysis, troubleshoot data quality issues, and perform both exploratory and descriptive analysis of complex financial datasets.
- Comfortable carrying out detailed data investigations under tight timescales, maintaining a high degree of accuracy throughout.
- Ability to structure ambiguous problems, develop practical solutions, and follow through to delivery.
- Clear and effective communicator, able to engage and align stakeholders across technology and business functions.
- Familiarity with risk measurement methodologies and the key drivers within those calculations.
Beneficial Skills & Qualifications
- Intellectual curiosity and a conceptual mindset that drives proactive identification of new opportunities for process or system improvement.
- Established track record of building and maintaining professional networks across internal and external stakeholders.
- Experience contributing to technology delivery processes, such as writing business requirements or coordinating system testing.
What We Offer
At Citi, you will work at the centre of a global financial institution, collaborating with risk, technology, and business teams across functions to deliver meaningful outcomes. This is a role where analytical rigour meets real business impact — and where your contributions are visible.
- Hybrid working model with 3 days in the office and 2 days working remotely, supporting a sustainable and productive work-life balance.
- Access to continuous learning and professional development opportunities to deepen both technical and domain expertise.
- Exposure to a broad cross-section of business stakeholders, giving you the opportunity to build a strong professional network within a global firm.
- A performance-driven team environment that values analytical thinking, collaboration, and delivering results.
- Competitive compensation and a comprehensive benefits package, including financial wellbeing and family support programmes.
- Wellbeing support resources designed to help you perform at your best inside and outside of work.
Apply today to bring your risk expertise to a team where your analysis shapes decisions that matter across Citi's global business.
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Job Family Group:
Technology------------------------------------------------------
Job Family:
Technology Product Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
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.
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.
This description is the source posting as it read when we added it. We are not affiliated with CITIGROUP LIMITED, so check their own site for the current details.
Where this offer sits in the market
IT business analysts, architects and systems designers (SOC 2133) · UK · ONS ASHE 2025 · basic pay · ~187k in sample- Middle half £45,136–79,976
- Median £60,216
- Going rate £54,900
- Threshold £41,700
- New entrant £38,400–49,400
Similar sponsored roles
See all UK visa jobsNo close matches live right now.
Browse more sponsored jobs at CITIGROUP LIMITEDAbout sponsorship for this role
Does this job guarantee visa sponsorship?
Not necessarily. CITIGROUP LIMITED holds a sponsor licence, but sponsorship for a specific hire is always the employer's decision. In 2025, CITIGROUP LIMITED assigned 23 or more Certificates of Sponsorship for SOC 2133 jobs, according to the Home Office. Be upfront in your application that you'll require it.
What salary is needed for this role to be eligible?
The offer must clear both the general threshold and the SOC 2133 going rate of £54,900. New-entrant and shortage discounts can lower it.