The Capital and CCAR Stress Testing team within Operational Risk Reporting and Analytics is responsible for the execution of the advanced approach Operational Risk Capital / RWA model and CCAR model and the production of internal and regulatory reports/submissions upon review and approval by various levels of Risk and Finance seniors.
ORRA is also responsible for providing analysis, commentaries and tracking current and historical Operational Risk capital and CCAR trends, as well as collaborating with model development/analytics teams to meet internal and regulatory reporting, review, validation and audit needs aimed to identify, measure, monitor and reduce Operational Risk incidents.
- Key responsibility will be to design and produce quarterly and ad-hoc reports and analytics enabling Operational Risk Management to proactively assist in managing Operational Risks through regulatory deliverables, risk assessment, risk metrics, anticipation, and mitigation/recovery.
- Provide information to Risk Management for senior level reporting, Audit, Regulatory, and ad-hoc related queries.
- Lead ongoing Reporting and Analytics efforts around Basel and BCBS239 capital processes owned by Operational Risk Management (ORM) including UK-related capital forecasts
- Develop an understanding of Citigroup's business structure in combination with financial markets and key risk factors that contribute to losses faced by various Citigroup Business Segments.
- Develop and maintain close working relationships within Operational Risk Management as well as with other Business Segments and other Control functions including IA, Finance, Legal.
- Design and implement effective control processes to ensure accurate and timely reporting for our clients.
- Identify and implement automation, data improvement, and consolidation opportunities to continually improve productivity and align with Basel and BCBS 239 standards.
- Liaise between Risk Management and Technology in order to enhance system processes and accuracy.
Qualifications:
- The ideal candidate will have a BS or BA and 10+ years work experience in finance or related control discipline (e.g. Risk Management, Reporting, Financial Control, Audit, Operations, etc.) Understanding of the Operational risk function and processes is a plus.
- Quick learner with excellent communication skills, team orientation, and ability to work with counterparts in different areas of organization and locations and directly or indirectly manage others
- Self-motivated individual who can take initiative and work independently.
- Keen analytical skills to synthesize, validate and analyze data and metrics.
- Strong critical thinking, problem solving and discovery skills.
- Capacity to maintain high attention to detail and accuracy are essential while working against demanding deadlines.
- Advanced knowledge of Microsoft Excel/Access required, familiarity with Tableau, Business Objects, or MicroStrategy is preferable. Experience in building and implementing models, CCAR reporting, Capital/RWA reporting is useful.