6 days old

CCR Product Developer, AVP

Citigroup
London, OH 43140
**Background**


Given heightened expectations from regulators and a goal to build a strong and consistent global control environment, Citi continues to enhance its business governance framework and has created the Institutional Credit Management (ICM) group. ICM is a critical component of Citis first line of defense for wholesale and counterparty credit risk management and works with Independent Risk teams to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities of the group include credit analysis, documentation, risk identification, exposure monitoring and stress testing. ICM coordinates with credit management groups across ICG businesses to ensure full alignment on business and regulatory goals, as well as consistency and best practices.


The CCR Product Development team within ICM is responsible for building tools to a) provide in-depth quantitative or qualitative analysis to solve business problems and develop new, innovative solutions b) build tools to help measure, monitor and control counterparty risk for institutional clients and c) portfolios and businesses, with a focus on counter-party and collateral risk to ensure the risks are being properly measured and controlled in accordance with the Firms risk policies.


**Responsibilities:**


+ Establish a strong governance process for stress testing. Track and monitor stress testing issues, develop weekly metrics and remediation plans for technology fixes

+ Perform daily and weekly analysis of stress variances and identify operational issues and technology fixes

+ Define business requirements for enhancements associated with GSST and CCAR stress testing data, pricing, aggregation, calculation and wrong way risk implementations

+ Create project plans, business and technical requirements documents for product execution

+ Develop plans to test enhancements, major implementations and perform post-production check-outs

+ Develop and enhance tools for the measurement, monitoring and management of counterparty exposure including PFE, risk capital, wrong way risk and stress testing

+ Work in close co-ordination with in-business risk managers, second line risk managers and senior stakeholders to understand their priorities and fulfill the delivery objectives

+ Work with technology to understand the stress testing infrastructure, systems and data flows. Identify and document gaps and suggest improvements

+ Communicate key findings to senior management and provide regular status updates

+ Develop risk management tools for the measurement, monitoring and management of exposure and participate in project management of strategic risk infrastructure development

+ Create presentations and documents for internal and external use on various topics including, stress methodologies, and summarizing stress testing issues


**Qualifications:**


+ 5+ years of experience in the financial industry

+ Subject matter expertise in counterparty credit risk, risk management concepts, data, systems and processes

+ Understanding of Derivatives, SFTs and other wholesale products

+ Understanding of stress testing, credit and market data, pricing, calculations and reporting

+ Strong Excel skills ideally incorporating VBA (Visual Basic for Applications)

+ Experience handling large volumes of data, database programming skills, Python, R or other statistical languages is a plus

+ Large scale project management skills spanning risk and technology

+ Strong analytical and problem solving skills with good attention to detail and a demonstrated aptitude for tackling issues

+ Ability to work well with cross-functional teams from Business, Credit, Operations and Compliance

+ Strong written and verbal communication skills

+ Intellectual curiosity, analytical and conceptual

+ Ability to collaborate and clearly communicate with senior members of an organization

+ Excellent written and oral communication skills

+ Ability to work independently as well as in a team environment.


**Education:**


+ Bachelors/Masters degree in finance, technology, economics or a related field


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**Job Family Group:**


Product Management and Development

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**Job Family:**


Product Management

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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)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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CCR Product Developer, AVP

Citigroup
London, OH 43140

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