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Citigroup

SVP, Loss Forecasting and Portfolio Analytics Regulatory Risk Sr Officer I-Hybri

Citigroup, Wilmington, DE


The Regulatory Risk Sr Officer I is a strategic professional leading Loss Forecasting, Credit Reserves and Portfolio Analytics for the Credit Cards portfolios. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.Responsibilities:Periodic Credit reserve assessments and forecasts as well as on-going interactions with various internal/external constituentsAppropriately assess risk when business decisions are made, demonstratingand CECL program execution and ongoing managementWork closely with other loss forecasting workstreams to complete all aspects of reserves and loss forecasting.Work closely with Risk Modeling Teams with respect to model development, validation and enhancements and respond to Model Risk Management as model sponsor.Develop innovative solutions as process evolves and demonstrate high-profile leadership during regulatory review, auditors and the Independent Risk community.Primary contact for interactions with Risk Modeling, Senior Management, Independent Risk oversight, Capital Planning, and RegulatorsProject Management of various deliverables for Loss Forecast and Stress Testing area. Involvement in rationalization of EUCs (End User Computing)Significant interaction with a wide range of senior bank and risk management colleagues, as well as external stakeholders such as regulators / auditors.Initiates feedback session with Client to understand strength and focused areas. Leverages feedback to influence change throughout organization.Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.Drive key Cost of Credit strategic initiatives in partnership with the Loss Forecast and Stress Testing Leadership teamEfficiently solve complex, ambiguous problems/situations and add value beyond the scope of formal projects. Have the capability to clearly communicate complex analyses/issues.  Presentations to both technical and non-technical personnel are required as well as presenting to regulators and auditors.Multi-tasks productively and reliably, while managing conflicting priorities.Lead and develop a team of risk analysts and manage complex/critical/large professional disciplinary areas CECL/CCARProviding regular updates on key loss forecasting and stress testing deliverables as well as related portfolio trends to senior managementCross-functional interfacing with internal teams (Independent Risk, Business, Finance, and accounting policy); as well as external regulatory & audit teamsOverseeing compliance with regulatory requirements and Citi’s policies as well as to share best practices, in collaboration with Citi’s internal Independent Risk Organization and other teams.Track and report on initiatives, performance results, emerging trends, and opportunities to senior management.Qualifications:10+ years of experience in credit risk management or equivalent trainingExcellent written and verbal communication skills, and be able to prepare presentations for executive level audience and familiarity with MS Office SuiteThorough knowledge of financial and risk reporting as well as experience from the business and/or technical area desired.Familiarity with regulatory landscape facing global banks.Detailed-oriented, high level of intellectual curiosity and strong sense of ownershipGood business acumen and the ability to connect analytics with business decisions.Knowledge of applicable laws and regulations and the current environment which govern lending policies Experience in managing Big Data capabilities, and business intelligence tools (e.g. Cognos, Tableau)Experience with Statistical Tools such as SAS, SQL, Tableau, Essbase, etc.Education:Bachelor’s/University degree, Master’s degree preferred------------------------------------------------------Job Family Group: Risk Management------------------------------------------------------Job Family:Regulatory Risk------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Wilmington Delaware United States------------------------------------------------------Primary Location Full Time Salary Range:$156,160.00 - $234,240.00In 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.------------------------------------------------------Anticipated Posting Close Date:Oct 11, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting