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Citi
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London, Greater London
Risk - QRS Stress Testing Manager - VP
Overview
Job Description
The successful candidate will join the Quantitative Risk & Stress Testing (QRS) team in London. QRS's mandate is to provide analytics and analyses to Risk Management and other partners across Citi. The team develops credit, market, and counterparty risk analytics to consistently measure risk, optimize capital, dimension risk appetite, and allocate these metrics to businesses and geographies; as well as supporting Basel, internal and external stress testing (including ICAAPs, EBA, and CCAR), and loan loss reserve processes. **Responsibilities:** The role will be responsible for the management of complex, strategic activities across multiple projects and workstreams to enhance end-to-end ICAAP stress testing processes. This spans a wide range of ICAAP-related activities including scenario design, stress loss calculations, and economic capital and is global in scope, encompassing stakeholders across Risk, Finance, Country Management, and Business Lines. The role will be located in London and report into the Regional Stress Testing team under the QRS organization. The QRS ICAAP team will cover ongoing enhancements including: + Scenario design process for ICAAPs across 40+ legal vehicles, including key components of risk identification, narrative development, core scenario shocks, and variable expansion; + User needs assessment framework to streamline and optimize each ICAAP's usage of centrally developed analytical tools (including models used for wholesale credit risk, retail credit risk, traded risk, treasury risk, and pension risk calculations for stress loss and economic capital); + ICAAP governance enhancements to ensure legal vehicle compliance with the firm's stress testing, model risk management, and capital planning policies and standards; + Detailed resource plan for tactical (next 12 months) and strategic (next 24 months) ICAAP risk analytics solutions and high-level implementation plan; and + Presentation materials to senior stakeholders across EMEA, APAC, and LATAM senior management, global franchise management, and senior risk committees Development Value: The successful candidate will have the opportunity to work on a wide range of analytical and strategic topics relevant for senior management decision-making and regulatory management. They will interact confidently with quantitative analyst and risk management professionals across multiple risk stripes and geographies, and in doing so, gain an expansive view of the firm. The project is a key component to a major new analytical initiative for the QRS team. **Qualifications** + Bachelor's degree (preferably Masters) in Economics, Finance, or another field with analytical focus (Mathematics, Engineering, Computer Science, etc.) is required + Extensive years of experience in financial services sector, in roles requiring superior problem solving analytical capabilities; must include experience across multiple risk stripes + Experience in developing strategic plans for complex processes, drafting senior management communications; familiarity with developing macroeconomic/market stress scenarios (e.g., credit and currency crises), relevant regulatory guidance (including IFRS9 based ICAAP credit stress loss methodologies, impairment staging rules, minimum coverage ratios, etc), and model risk management are strongly preferred **Skills** + Exceptional writing and PPT skills, with the ability to synthesize complex concepts and translate into effective presentations to senior audiences + Exceptional data analysis skills, with the ability to quickly manipulate large data sets and identify key trends relevant to big picture + Strong analytical skills and working knowledge in the principles of credit and market, with ability to understand technical concepts + Strong project management skills, with ability to build relationships confidently at all levels + Highly motivated, with ability to work both independently and collaboratively ----- Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - GB ----- Time Type : ----- Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity. 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 CLICK HERE at . To view the "EEO is the Law" poster CLICK HERE at . To view the EEO is the Law Supplement CLICK HERE at . To view the EEO Policy Statement CLICK HERE at . To view the Pay Transparency Posting CLICK HERE at . Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.