Risk Policy Senior Officer I Job at Citi, New York, NY

T1gxays1Q01MZG9ZNnB4Y2ZvVkFuSnpnQVE9PQ==
  • Citi
  • New York, NY

Job Description

Citibank, N.A. seeks a Risk Policy Senior Officer I for its Long Island City, NY location.


Duties: Lead in the development, execution, review, and challenge of Comprehensive Capital Analysis and Review (CCAR) models and forecast outputs within Citigroup stress tests. Take ownership of project management responsibilities to ensure that action is taken on Independent Risk Model Oversight (IRMO) and Independent Risk Oversight Council (IROC) follow-up items resulting from Review and Challenge. Establish and communicate analysis and documentation requirements for benchmarking and overlays. Guide model sponsors in the completion of documentation requirements. Provide direction to model sponsors for completing robust Model Risk Management (MRM) templates and addressing MRM and IRMO feedback required for successful validation of models. Work with Senior Business Risk Officers to identify material risks and key business assumptions. Develop methodologies and documentation for sensitivity analysis for key risks/assumptions within stress tests. Remote work may be permitted within a commutable distance from the worksite, in accordance with Citi policy.


Requirements: Bachelor's degree, or foreign equivalent, in Business Administration, Financial Risk Management, or a related field, and ten (10) years of experience in the job offered or in a related occupation. Ten (10) years of experience must include: Applying specific knowledge of a large bank's CCAR/Capital Adequacy Stress Testing requirements including bank regulators' guidance (such as FRB, OCC, and other regulators' requirements) on PD, LGD, EAD forecast models' development, validation, and use; Reviewing risks of consumer unsecured and secured lending products and associated policies, governance and control processes and credit loss estimation approaches; Performance monitoring of loss forecasting models used in stress testing with responsibility for review and challenge of the models, and back-testing results for secured and unsecured consumer lending products; Interacting with senior risk management executives to analyze various risks and applying risk management practices in the recognition, measurement, monitoring, and forecasting of consumer credit losses for consumer loan portfolios (i.e., credit cards, personal loans, and mortgages); Enterprise Risk Management to identify portfolio risks, risk concentrations, risks not stressed in the models or scenarios, and limitations to forecasts; Development, preparation, completion, and ongoing maintenance of various documents including retail methodology and process documents, control framework, and regulatory presentations; Ensuring efficient and effective governance by supporting the administrative and information requirements for the senior level risk committees and model oversight teams; and Statistical data analysis and sensitivity testing skills to analyze model performance and understand the impact of key macroeconomic variables (such as GDP, UR, HPI, CDSR) on the model loss estimate. 40 hrs./wk. Applicants submit resumes at . Please reference Job ID #24727868. EO Employer.


Wage Range: $188,133.87 - $223,457.54


Job Family Group: Risk Management


Job Family: Risk Policy
------------------------------------------------------



Job Family Group:
------------------------------------------------------



Job Family:
------------------------------------------------------



Time Type:
Full time
------------------------------------------------------



Primary Location:
Long Island City New York United States
------------------------------------------------------



Primary Location Full Time Salary Range:


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.
------------------------------------------------------



Anticipated Posting Close Date:
May 05, 2025
------------------------------------------------------


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 .

Job Tags

Holiday work, Full time, Work visa,

Similar Jobs

Doosan Bobcat NA US

Engineering Technician (Level DOE) Job at Doosan Bobcat NA US

Job Information The Engineering Technician will support prototyping process through manufacturing of prototype components, procurement and inventory management of production and vendor components, assembly, rework, repair, and maintenance of equipment, quality verification...

Antelope Valley Medical Center

Nurse Technician - 5 Tower Medsurg/Tele/Neuro/Stroke - Full Time/Days - Req#2063870088 Job at Antelope Valley Medical Center

 ...Brief Description Job Objective: The Nurse Technician performs various patient care activities and related non-professional services necessary in caring for the personal needs, safety and comfort of patient and assists in maintenance of a safe and clean environment... 

Knott's Berry Farm

Hotel Housekeeping Attendant Job at Knott's Berry Farm

Overview: $18.25 / hour Effectively cleans and maintains the hotel guest rooms on a...  ...strive to enhance overall operation. (Part-time position) Are you looking for a fun and...  ...of 9:00 am - 7:00 pm Ability to work nights, weekends and holiday periods to meet... 

UtilitiesOne

Drill Operator Job at UtilitiesOne

Utilities One is looking for a qualified Drill Operator in the PNW market . We are offering an opportunity to put your experience in Directional Boring and maintenance to good use, to work in a fast-paced and challenging environment, and do so for one of the...

Follett

Visual Merchandising Team Manager - Marshall University Bookstore Job at Follett

Join the Follett Team, where employees are valued, respected, and offered career paths throughout its many campus locations. Follett serves over half of the students in the United States and works with 80,000 schools as a leading provider of education technology...