3 days old

Basel Advanced Approaches Model Oversight Senior Group Manager (C15)

Citigroup
New York, NY 10176
**Job Description**


The Basel Advanced Approaches (BAA) Model Oversight senior manager leads the of end-to-end model oversight framework related to Basel Advanced Approaches for credit and market risk measurement including policies, committees, detailed roles and responsibilities and supporting procedures and workflows within Citi Independent Risk Management. The role is also responsible for the model performance and limitation analytics and associated reporting packages for senior risk governance forums.


**Key Responsibilities:**


+ Working and collaborating across risk stripes (that is, Credit, Market and Operational Risk), maintain oversight on model performance for models used in calculating RWA under Basel Advanced Approaches

+ In partnership with Model Sponsors and Developers, ensure Advanced RWA Model Governance and Controls Framework is well-defined, transparent, and documented in a comprehensive manner

+ In partnership with the risk stripes, define, develop, and implement RWA model output analytics for Senior review across all three lines of defense

+ Oversee the model change application process, and aggregate and report RWA impact of model changes.

+ Monitor model limitations and associated remediation plans

+ Coordination and presentation of the overall model oversight framework related to Basel Advanced Approaches to the Independent Risk Management and Finance organizations and enterprise-wide in the lines of business and legal entities, as well as to regulators, external and internal audit


**Key Requirements and Qualifications:**


+ 10+ years of experience including significant exposure to analytical methodologies and modeling frameworks for risk measurement and regulatory capital calculations of market and credit risks and establishment of risk and control processes in top-tier global financial institutions.

+ Thorough understanding of regulatory requirements for governance and internal control processes - across a combination of market risk, wholesale, counterparty, and retail credit risk

+ Ability to influence and lead across cultures at subject matter specialist and executive levels using sound judgment and to execute effectively across businesses, functions, and geographies

+ Strong organizational skills with ability to strategically structure the policy, standards, procedures and practices including designing target state, implementation and appropriate risks and controls

+ Excellent written and verbal executive level communication skills with the ability to articulate complex problems and policy interpretations through concise and clear messaging

+ Highly motivated with attention to detail, team oriented, organized, pro-active

+ Ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders


**Education:**


+ Advanced analytical training (Masters or PhD) in economics, finance, math, engineering or hard sciences a plus


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**Job Family Group:**


Risk Management

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**Job Family:**


Regulatory Risk

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**Time Type:**


Full time

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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.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-09-23 Expires: 2022-10-26

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Basel Advanced Approaches Model Oversight Senior Group Manager (C15)

Citigroup
New York, NY 10176

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