USPB Enterprise Risk

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

Job Family Group:

Risk Management

Job Family:

Portfolio Credit Risk Management

Time Type:

Full time

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.

Other Relevant Skills

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

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