Risk Policy Senior Officer

Citibank, N.A. seeks a Risk Policy Senior Officer for its New York, NY location.

Duties: Lead the Risk Identification process within US Personal Banking (USPB). Draft the risk statement to guide scenario design. Design material risk quantification methodology so they are meaningful and relevant for management action. Prepare the risk non-stress document including the mitigation plan for the risks not stressed in the model. Work closely with risk modeling team on the risk drivers, potential impact, and sensitivity analysis. Collaborate with financial risk, including credit risk, and non-financial risk, including operational risk experts, stress testing groups, and the Financial Planning and Analysis group to drive consistency in quantification methods. Coordinate with the stress testing team including Cost of Credit or Pre-Provision Net Revenue (PPNR) or Operational Risk and the Financial and Capital planning team to understand the main diver of the business earnings. Partner closely with the second line of defense Enterprise Risk Management (ERM) group to understand guidance and provide inputs and feedback to shape it. Work with risk category experts to enhance risk statements, which facilitates quantification including stress testing scenario design. Collaborate with other major businesses on key Enterprise Risk Management initiatives and share best practice. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.

Requirements: Bachelor’s degree, or foreign equivalent, in Finance, Quantitative Finance, Business, or a related field, and six (6) years of experience in the job offered or in a related quantitative occupation analyzing risk assessments within the financial industry. Six (6) years of experience must include: Working in Consumer banking and Wealth Management Business with understanding of business model; Building foundational capabilities/credit risk functions around Risk Appetite/Risk Management Framework; Utilizing business risk return metrics including RAR and ROTCE to evaluate business profitability and risk exposure across segments with strong knowledge Tangible Common Equity allocation methodology; Automating manual processes including data visualization and dashboards using data analytics tools and data visualization tools including Tableau, SAS, and SQL to analyze the in-business indicator; Utilizing knowledge of banking business models to build deep dive quantitative analysis to drive business growth under different scenarios, conducting quarterly and annual reviews based on model performance; and Analyzing the quarterly risk assessment quantitative and qualitative trending with automation tools such as excel VBA and Tableau. In the alternative, employer will accept a Master’s degree in an above stated field and four (4) years of experience. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/.  Please reference Job ID #25888075. EO Employer.

Wage Range:                $201,800 to $201,800/year

Job Family Group:         Risk Management

Job Family:                   Risk Framework and Policy

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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