Address
Form of workThe In-Business Franchise Risk Organization is responsible for development and implementation of key Enterprise Risk Management (ERM) programs across both financial and non-financial risk categories for the US Personal Banking (USPB) and Wealth businesses. This individual will drive the in-business Scenario Analysis function. The Scenario Analysis function is a systematic process of obtaining expert opinion from business managers and risk management experts to derive reasoned assessments of plausible, low likelihood, high-severity, forward looking events in the operational and compliance risk categories. The role reports into the Head of the In-Business Risk Appetite Program.
Responsibilities:
- Drive the non-financial (e.g. operational risk and compliance) Scenario Analysis program and execution including forward planning, quantification, facilitation, and monitoring of scenario events as part of the USPB and Wealth businesses.
- Manage efforts to streamline and enhance the Scenario Analysis program execution reducing the time to quantify a new scenario, evolving the planning process and right-sizing stakeholder engagement to drive accountability and effectiveness.
- Orchestrate subject matter expert engagement across both operational risk and compliance functions to ensure that scenario events are plausible, appropriate, and forward looking.
- Ensure satisfactory outcome for Scenario Analysis across use cases including stress capital, CCAR, RWA, and BAU operational risk and compliance.
- Provide effective connection to other enterprise risk programs including risk identification, risk appetite, and the enterprise-wide Scenario Analysis program.
- Prepare high quality executive presentation and management training for senior stakeholders that can tell a complex and technical story in a simple way.
Qualifications:
- 10+ years of relevant risk management or related analytical/technical experience required.
- Demonstrated experience in leading change, with track record of improving business performance and enhancing risk management.
- Relevant experience in the following areas:
- Scenario analysis planning and execution for non-financial risk categories
- Non-financial risk management experience (e.g. Operational, Compliance) including solid understanding of personal banking and wealth operations and business models
- Robust experience in financial and capital planning and understanding of CCAR, Capital and RWA especially in context of operational risk and compliance
- Experience in enterprise risk (e.g risk identification, scenario design and generation, stress testing, risk appetite and limits or product governance and approval)
Leadership Competencies:
- Ability to facilitate productive discussions with key stakeholders and subject matter experts that is efficient and well prepared.
- Creative thinking and ability to formulate a way-forward in an ambiguous and hypothetical area.
- Strong intellectual and analytical capabilities to develop solutions that are appropriate for the larger organization.
- Excellent communication skills both verbal and in writing.
- Demonstrated history of driving change and managing for results.
- Collaborative work style; effectively interacts with partners across organizational boundaries and hierarchies.
- Contributes to a positive work environment and remains poised under pressure.
Education:
- Bachelor's degree required, master's degree in a relevant field preferred.
Job Family Group:
Risk Management
Job Family:
Risk Policy
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Salary Range:
$170,880.00 - $256,320.00
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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