6 days old

Retail RWA Oversight, VP ( C-13)

New York, NY 10176
The Retail RWA Group is a newly formed team within Global Consumer Risk Management, whose focus is to support the Global Retail CRO as sponsor of the Advanced RWA models. This includes partnering with independent risk model oversight to evaluate the adequacy and quality of the data used in the models, evaluation of the end-to-end process to produce and review results, identification of gaps, and establishment of governance, controls and standards in alignment with the Capital Management Transformation effort. The Retail RWA Group will also perform similar functions for Standardized RWA, including controls and independent review and challenge.

This Vice President position reports into the Director of Retail RWA Oversight. This is an analytical lead function, with the responsibilities to:

+ Collaborate with model reviewers and developers on assessment of data, segmentation, variable selection.

+ Oversee model documentation, ongoing performance assessments (supporting sponsor); execute MCA activities supporting sponsor

+ Lead documentation of end-to-end RWA process including, but not limited to, data flows, systems, handshakes, controls, and gaps

+ Write documentation of control standards and frameworks

+ Work with stakeholders to manage identified data issues, system issues, modeling issues/ limitations and process issues, including root cause analyses, preparation of options/solutions to resolve issues, participate in Business Requirements and UAT

+ Facilitate Retail's engagement in handshake discussions/ agreements, preparing and presenting relevant analysis, especially related to granularity or information exchange and application of parameters & weights

+ Manage RWA results review process, working with Finance, Capital Management, Data Teams, and Business stakeholders

+ Analyze observations, trends, attributions around Retail RWA, prepare presentations and address follow ups

Citi is continuing to strengthen its RWA processes and the position holder will be participating in this firm-wide effort. This individual must possess technical and quantitative skills, sound knowledge of consumer credit risk management and demonstrate familiarity with Basel capital adequacy models, and know-how of the global systems and data. This individual will also interface with cross-functional teams within Infrastructure and IT groups, Risk and Reporting, policy teams and businesses to design, test and deploy standards and conduct monitoring of the proper usage.


+ Advanced Degree (Masters) in Statistics, Physics, Applied Mathematics, Operations Research, Econometrics, Engineering or other quantitative discipline

+ 6-8 years of work experience, with 5+ years of experience in an analytical capacity required

+ Demonstrated experience in development and/or implementation of

+ Structuring and integration of broad and diverse data sources

+ Technology infrastructure and processes

+ RWA processes

+ Stress testing aggregation

+ Model related MRM requirements and controls

+ Understanding of Consumer Credit Profit & Loss Drivers preferred

+ Strong writing skills - ability to structure and write standards and manage governance documents

+ Experience with Statistical Tools (Python, R, SAS, SQL, Model Builder, Xeno, Knowledge Studio) preferred

+ Detailed-oriented, high level of intellectual curiosity and strong sense of ownership.

**Leadership Competencies:**

+ Senior executive interactions - can present credibly to both large and small groups

+ Excellent interpersonal skills ability to distill problem objectives into practical analyses to enable decision making

+ Displays flexibility to work well with varying personal styles and acts as a trusted partner by delivering superior service that is meaningful

+ Takes personal responsibility to lead by example. Understands and appreciates diverse backgrounds. Demonstrates strong ethics

+ Develops strong relationships across risk management and cross-functionally

+ Capable of effectively managing cross-functional teams outside of direct control; High degree of comfort working with onshore and offshore teams

+ Contributes to a positive work environment; shares knowledge and supports diversity; remains calm and optimistic under pressure

+ Works well in a culture that is agile and capable of quickly responding to changes in the environment; embraces change and challenges status quo


**Job Family Group:**

Risk Management


**Job Family:**

Risk Policy


**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) .

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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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Retail RWA Oversight, VP ( C-13)

New York, NY 10176

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