Director - Wholesale Credit Climate Risk Lead - Hybrid

This position is part of the Portfolio Management Group within Citi's Wholesale Credit Risk Management (WCR) functions charged with building out second line Portfolio Risk management capabilities, in terms of developing methodologies, measurement and integrating these into governance and existing risk processes including Stress Testing and Risk Appetite. This role will be focused developing WCR approach to climate-related risk management through scenario analysis/ stress testing design and execution, both across transition and physical risks. In addition, this role will focus on the use cases of Stress Testing results including Strategic Planning and Portfolio Management. Working in close partnership with business lines, modelling teams, other functions and the broader Risk organisation, the successful candidate will be responsible for the implementation, delivery and coordination of risk best practice in this critical area.
Key Responsibilities:

• Develop and drive the strategy assessing the impact of climate change (both carbon transition policies and physical impact of acute and chronic events)
• Lead the development of WCR frameworks and methodologies needed for climate scenario analysis across internal and external use cases including impact to portfolio and ratings.
• Develop and maintain central methodological documentation and firmwide standards to demonstrate and ensure conceptual soundness of Climate Risk approaches.
• Drive a consistent approach across climate scenario analysis and stress activities that balances specific local business and regulatory needs and centralized approaches.
• Provide QA and oversight of regulatory exercises through the preparation of materials, review and challenge of approaches, process, and results.

Development Value:
This role provides a unique opportunity to be part of building Citi's capabilities in an exciting and rapidly evolving area. It would provide visibility, be cross-functional in nature and provide exposure to different businesses, products and risk types. The position involves a significant amount of interaction with senior management and subject matter experts.
Knowledge/Experience:

• Strong quantitative knowledge of modelling and analytics of Wholesale Credit
• Strong understanding and experience with Wholesale Credit Exposures and products
• Strong familiarity with the increasing regulatory expectations facing banks with respect to Climate Risk
• Experience in dealing with change projects and/or building / delivering new strategic capabilities
• A proven track record of liaising across diverse stakeholder groups; including senior managers, and large firm networks

Skills:

• Strong organisational skills and the ability to multi-task effectively in a high-volume and complex environment with changing priorities with a practical solutions-driven approach
• Excellent written and oral communications skills, with a commanding and convincing delivery and the ability to synthesize complex concepts, translate into ‘user friendly' language and effectively present in long-form documents or slide format
• Excellent stakeholder management skills, with the ability to understand drivers and overcome barriers.
• Highly numerate, with strong quantitative and spreadsheet skills, with the ability to analyse, work with, interpret and present large amount of data in a readily digestible format using the latest charting/diagrammatic presentation techniques
• Will be conversant in the organisational skills demanded in order to operate in a large global company
• Strong quantitative skills, particularly around statistics and strong attention to detail

Qualifications:

• Advanced academic degree or relevant equivalent working experience in a quantitative field and leadership track record in a managerial capacity

Competencies:

• Self-starter, ability to quickly assimilate and analyse large amounts of information across a variety of topics
• Proven ability to partner and collaborate across an organisation, excellent influencing, facilitation, and partnering skills, with the ability to build relationships, partner effectively and build a strong internal network across functions and throughout the global Risk network together with the matrix at all levels of the organisation
• Strong tenacity and resilient under pressure and self-motivated in a fast paced and demanding environment
• Highly engaged, strong attention to detail, and outcome oriented
• The role demands a strong work ethic, willingness to ‘roll up sleeves', with a tireless work ethic
• Strong analytical problem solving and the person should have a high level of integrity to deal with highly confidential data

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.