Demo

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

Citi
Citi Salary
Wilmington, DE Other
POSTED ON 12/14/2024
AVAILABLE BEFORE 2/5/2025

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 constituents
  • Appropriately assess risk when business decisions are made, demonstrating and CECL program execution and ongoing management
  • Work 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 Regulators
  • Project 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 team
  • Efficiently 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/CCAR
  • Providing regular updates on key loss forecasting and stress testing deliverables as well as related portfolio trends to senior management
  • Cross-functional interfacing with internal teams (Independent Risk, Business, Finance, and accounting policy); as well as external regulatory & audit teams
  • Overseeing 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 training
  • Excellent written and verbal communication skills, and be able to prepare presentations for executive level audience and familiarity with MS Office Suite
  • Thorough 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 ownership
  • Good 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 - $234,240.00


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:

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

Salary : $156,160 - $234,240

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a SVP, Loss Forecasting and Portfolio Analytics Regulatory Risk Sr Officer I-Hybrid?

Sign up to receive alerts about other jobs on the SVP, Loss Forecasting and Portfolio Analytics Regulatory Risk Sr Officer I-Hybrid career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$99,704 - $121,947
Income Estimation: 
$124,827 - $154,865
Income Estimation: 
$227,237 - $335,480
Income Estimation: 
$294,833 - $512,316
Income Estimation: 
$96,228 - $129,772
Income Estimation: 
$131,676 - $196,560
Income Estimation: 
$121,926 - $164,179
Income Estimation: 
$124,413 - $154,875
Income Estimation: 
$87,128 - $112,557
Income Estimation: 
$163,962 - $219,201
Income Estimation: 
$206,263 - $314,884
Income Estimation: 
$194,536 - $271,268
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Citi

Citi
Hired Organization Address Castle, DE Full Time
The AVP / Loan Documentation and Processing Team Lead is a seasoned professional role. Applies in-depth disciplinary kno...
Citi
Hired Organization Address Wilmington, DE Full Time
This is a critical role for the Rewards product team, supporting efforts in building an effective product strategy, expl...
Citi
Hired Organization Address Wilmington, DE Full Time
VP, Retail ECM - Digital Cross-Sell Marketing Lead Analyst The US Personal Banking and Wealth Management Marketing organ...
Citi
Hired Organization Address Florence, KY Full Time
The Quality Manager provides full leadership and supervisory responsibility. Provides operational/service leadership and...

Not the job you're looking for? Here are some other SVP, Loss Forecasting and Portfolio Analytics Regulatory Risk Sr Officer I-Hybrid jobs in the Wilmington, DE area that may be a better fit.

AI Assistant is available now!

Feel free to start your new journey!