8 days old

Model Risk Management Inventory System Lead - Director

Kew Gardens, NY 11415
This role is part of Citis Model Risk Management (MRM) organization within Global Risk. Citi centralized all the core processes related to model in a system called MRMS (Model Risk Management System). This role will lead a team of highly motivated professionals to manage the MRMS. The key responsibilities of the position include but not limit to:

+ Enhance the MRMS per the Model Risk Management Framework (e.g., MRM Policy & Procedures)

+ Establish an operational framework to monitor system operational readiness (including performance), synchronization with upstream and downstream applications, helpdesk response, gathering and prioritization of enhancements as well as the execution of the framework and defined processes.

+ Coordinate and negotiate among various system stakeholders to ensure appropriate prioritization of the infrastructure enhancements to facilitate organization objectives, including regulatory deliverables (e.g., Consent Order).

+ Manage requirements or other program management artifacts (e.g., BRD, UAT, organization readiness) per the relevant Citi Program Management Standards and Procedures.

+ Partner with Technology team to ensure on time delivery of planned enhancements.

+ The position is also responsible for ensuring that the system in complaint with MRM Policies and Procedures as well as other applicable firm wide controls.

The job offers a unique opportunity to have a firm wide perspective of the models used at Citi, interact with multiple users that range from model sponsors across all businesses and functions, model developers, technology developers, model validators, model governance and model inventory attestation coordinators.


+ Experienced Model Risk Management professional, well versed in FRB SR 11-7 and relevant regulatory guidance

+ Academic: degree in mathematics, engineering, computer science or similar

+ Professional: 15+ years of experience with technology developing cycle as well as with model risk management or similar risk/control role

+ Proficiency in JIRA/ Atlassian ecosystem

+ Proficiency in Excel and Power Point

+ Good communication skills (both verbal and written), attention to details combined with the ability to synthetize

+ Problem solver mindset, hands-on, quick learner and high analytical skills

+ Understanding of web based applications, data marts and big data

+ Project Management skills: keep projects on track, within budget and in adherence to scope

+ Ability to translate policies, procedures and guidelines into process maps and concrete tasks, identify dependencies, decision points, actors, opportunities for streamlining, etc.

+ Collaboration skills: works as a team player, seeking to engage with others to achieve results, but also able to arrive at decision while balancing conflicting stakeholders need

+ Practical decision maker focused on execution: Ability to recognize what the end-state should be, but to execute smaller steps in order to materialize results quickly

+ Thrive in uncertainty and ability to handle multiple projects concurrently

+ Ability to work with remote teams and in different time zones

+ Control and Governance mindset: documenting and filing artifacts, identifying control gaps, etc.

Other desired skills:

+ Knowledge of Quality and Knowledge Management is desirable

+ Familiarity with MRMS and/or other Citi Systems

+ Familiarity with UX Design Principles

+ SQL, Hue and HTML programming

+ Proficiency in Microsoft Project

+ Proficiency in database design


**Job Family Group:**

Risk Management


**Job Family:**

Risk Analytics, Modeling, and Validation


**Time Type:**

Full time


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)


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.


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

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Model Risk Management Inventory System Lead - Director

Kew Gardens, NY 11415

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