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Vice President, PBWM Risk Quantification Regularity Risk
Location:
Wilmington, DE
Description:
Vice President, PBWM Risk Quantification Regularity Risk Officer About Citi Citi, the leading global bank and provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments, and accessing the capital markets on behalf of our clients. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities. Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background, and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all. Position Summary Citi is continuing to evolve its Concentration Risk, Enterprise Risk Appetite and Limit Setting Frameworks tied to capital management and use of capital. This position will be participating in this firm-wide effort. This role must possess technical and quantitative skills, possess sound knowledge of consumer credit risk management and demonstrate familiarity with CCAR stress. This role must be able to grasp the vision/roadmap of senior management, to distill to necessary analyses that will drive decision-making. This individual will also interface with cross-functional teams within Infrastructure and IT groups, Risk and Reporting, policy teams and businesses to design, test and deploy the Enterprise Framework and associated processes . - This position is part of the Risk Quantification team, within the larger Personal Banking & Wealth Management (PBWM) group.- This role provides opportunity to participate in the transformation journey of the evolving Enterprise Credit Risk framework and to contribute towards innovation & excellence- This is a high impact and high visibility role where the successful candidate will contribute towards driving optimization/ identifying opportunities in existing Enterprise Credit Risk framework- This role requires an individual with several years of credit risk management experience, strong statistical and data analysis skills, technical SAS skills, an ability to derive analytical solutions based on business knowledge and objective judgment of the balance between risk and reward Key Responsibilities - Lead analytics to evaluate methodologies for limit setting, stress loss forecasting and measuring risk taking activities, consistent with enterprise-wide standards, and informed by stress losses, RWA, capital budgets and PBWM’s RAF and strategic plans- Evaluate drivers to stress losses, and recommend metrics and leading indicators to track drivers across PBWM- Examine key concentrations across PBWM, coordinating with the Senior Product Specialists and Group Risk Directors to evaluate stress loss outcomes and implications to concentration thresholds- Produce analysis to support recommendations for limits to the Global Consumer CRO and CEO for approval- Collaborate with cross-functional teams to define escalation procedures in compliance with enterprise-wide policies- Monitor and report results- Be able to independently lead the team through tactical and strategic Risk Transformation Analytics projects- Provide analytical assessment linking credit risk/portfolio performance with Capital consumption- In depth understanding of credit risk cycle, P&L, key risk & return metrics and risk tolerance limits- Build presentations with supportive analysis, storyboard results, and lead discussions with senior management Qualifications - Bachelor’s Degree required in statistics, mathematics, or similar quantitative discipline. Master’s degree preferred.- 6+ years of work experience in financial services or management consulting with heavy focus on risk management.- Working knowledge of Risk Appetite Framework and Credit Risk Policy- Pragmatic problem solver, forward thinker with independence of thought.- Experience with analytical or data management tools (e.g., SAS, SQL, VBA, Advanced Excel)- Excellent quantitative and analytical skills, ability to derive trends, insights, and perform risk/reward trade-off analysis- Ability to create support and buy-in across a wide range of stakeholders; create a strong network of relationships among peers, internal partners, external constituencies, and decision makers.- Must be highly organized and able to work in a fast-paced environment managing multiple projects and possess strong interpersonal, organizational, and analytic skills Leadership Competencies - Capability and experience to drive changes in order to achieve business targets- Senior executive interactions - can present credibly to both large and small groups- Strong interpersonal skills and ability to influence at all levels of management- Displays flexibility to work well with varying personal styles- Takes personal responsibility to lead by example. Understands and appreciates diverse backgrounds.- Demonstrates strong ethics- Develops strong cross-functional relationships within and outside Risk Management- Contributes to a positive work environment; shares knowledge and supports diversity ------------------------------------------------- Job Family Group: Risk Management ------------------------------------------------- Job Family: Credit & Portfolio Risk Management ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Primary Location: Wilmington Delaware United States ------------------------------------------------------ Primary Location Salary Range: $110,890.00 - $166,340.00 ------------------------------------------------------ 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
Company:
Citi
Posted:
January 1 on WhatJobs
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More About this Listing: Vice President, PBWM Risk Quantification Regularity Risk
Vice President, PBWM Risk Quantification Regularity Risk is a Executive VP Job at Citi located in Wilmington DE. Find other listings like Vice President, PBWM Risk Quantification Regularity Risk by searching Oodle for Executive VP Jobs.
Vice President, PBWM Risk Quantification Regularity Risk is a Executive VP Job at Citi located in Wilmington DE. Find other listings like Vice President, PBWM Risk Quantification Regularity Risk by searching Oodle for Executive VP Jobs.