USPB Enterprise Risk

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U.S. Personal Banking (USPB) is a major business at Citi. The In-Business Credit & Franchise Risk Organization within USPB is responsible for managing the credit and franchise risk of the USPB business. The Head of In-Business Credit & Franchise Risk reports to the CEO of USPB.

One of the groups within In-Business Credit & Franchise Risk Organization is Enterprise Risk and Balance Sheet Management. This group is responsible for executing Enterprise Risk Management (ERM) programs including Risk Identification, Risk Appetite & Limits, New Activities/Product Risk, ERM Risk Monitoring and framework execution. Additionally, this group is pivotal for In-Business Balance Sheet Management, focusing on USPB Capital Resource Management, Recovery & Resolution planning, and Tangible Common Equity (TCE) analytics.

This role is part of the In -Business Balance Sheet Management Team. This individual will be working on key analysis and driving key initiatives contributing to the successful management of capital constraints.

Responsibilities

The candidate will be a key resource to perform or support the following responsibilities:

• Lead analytics to manage Risk Appetite for Retail Credit and USPB business connecting to Capital & Strategic Plan.
• Perform stress loss forecasting in alignment with CCAR/CECL framework, evaluate drivers to stress losses support recommendations for Risk Appetite limits to the Business CRO and CEO for approval.
• Liaise with finance and business partners to evaluate forecasts as part of Outlook / Annual Plan, CCAR and implications to USPB capital-based stress losses, Risk Weighted Assets and other relevant balance sheet components.
• Advocate for appropriate capacity and attribution of Capital reflective of business contribution.
• Build sustainable business capabilities to proactively manage Risk Appetite limits.
• Support the team in ongoing initiatives aimed at optimizing capital utilization, enhancing balance sheet efficiency, and improving risk management practices.
• Be able to independently lead projects through tactical and strategic Risk Transformation Analytics projects

Qualifications

• 10+ years of work experience in financial services or management consulting
• Working knowledge of Risk Appetite Framework and Credit Risk Policy
• In depth understanding of Credit Cards, Mortgage and other consumer bank products P&Ls, key risk & return dynamics, and loss drivers.
• Good understanding of Capital and Balance Sheet Management, CCAR & CECL framework Experience with analytical or data management tools (e.g., SAS, SQL, VBA, Advanced Excel)
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• Excellent quantitative and analytical skills, ability to derive trends, insights, and perform

Leadership Competencies

• Demonstrated history of driving change and managing for results.
• Efficiently solves complex, ambiguous problems / situations.
• Collaborative work style; effectively interacts with partners across organizational boundaries and hierarchies.
• Contributes to a positive work environment and remain calm under pressure.
• Consistently demonstrate clear and concise written and verbal communication.

Education

• Preferred Master's degree in quantitative disciplines such as Financial Engineering, Operation Research, Econometrics, Statistics or similar quantitative discipline; OR MBA Finance

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Job Family Group:

Risk Management

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Job Family:

Portfolio Credit Risk Management

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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