Risk Management Specialist

4 weeks ago


Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

Shape Your Career with Citi

Citi's Risk Management organization is seeking a high-caliber professional to join our team as a Vice President - RWA Business Controls and Transaction Testing based in Mumbai - India.

About the Role

The Finance Chief Risk Office (Finance CRO) organization is responsible for second-line oversight of regulatory capital management, including measurement of spot regulatory capital and Risk-Weighted Assets (RWA). This role is within Finance CRO - Capital and RWA Actuals Review Team (CRRT) whose mandate is to perform independent testing and monitoring of the end-to-end verification of calculation and regulatory reporting related to spot capital, RWA, and supplementary leverage ratio to comply with Basel Rules and applicable guidance for Citigroup, Inc. and Citibank.

Responsibilities

  • Perform reviews in line with Finance CRO – Capital and RWA Actuals Review Team (Finance CRO – CRRT) annual review plans
  • Communicate proactively testing progress and exceptions with Finance CRO - CRRT management
  • Support the implementation of changes necessary to enhance the second line of defense oversight of Citi's RWA production process in connection with Citi's ongoing transformation efforts and to satisfy evolving regulatory developments, including Basel IV initiatives
  • Develop a strong working relationship with Capital Controllers Group process owners, including the Quality Assurance team and other key stakeholders across the end-to-end capital and RWA production processes

Requirements

  • Minimum 8 years of proven experience in the financial services industry or experience in a comparable role
  • MBA, CA, or CFA is preferred
  • Regulatory Capital Reporting (FFIEC 101, FR Y-9C, etc.) or Basel Regulator Capital Audit functions is preferred
  • Understanding of Basel RWA regulations is a must. Good to have understanding of market risk and upcoming changes in Basel 3 (FRTB)
  • Previous experience in Basel Regulatory Capital Controllers
  • Strong audit instincts and ability to apply independent judgment to business practices, with a proven ability and willingness to challenge the status quo
  • Strong communication skills, including well-developed verbal, written, and presentation skills
  • Strong analytical skills and ability to review and comprehend large sets of data
  • Strong attention to detail with proven ability to explain complex concepts in simple terms
  • A self-starter with ability to independently manage work and drive multiple deliverables concurrently

About Citi

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.



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