Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.
Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve.
Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin.
Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
The successful candidate will join the Quantitative Risk & Stress Testing (QRS) team in Warsaw, reporting into the EMEA head of Counterparty Risk Analytics.
as well as supporting Basel, internal and external stress testing, and loan loss reserve processes.
This particular role will be responsible for the technical oversight and execution of quantitative analyses underpinning the Internal Capital Adequacy Assessment Process (ICAAP) for Citi’s UK and German legal entities.
These capital adequacy initiatives are critical to Citi’s regulatory compliance and risk management frameworks.
Team / Position Overview
The SVP position will have the mandate to oversee analytical tools that are developed and / or used for ICAAP-related stress testing and Pillar 1 adequacy exercises as well as provide the analytical support required by the size and complexity of Citi’s UK and German legal entities.
This includes the quantitative assessment of key inputs / outputs and limitations of Group-level risk models to ensure they are fit-for-purpose at the legal entity level.
The team will also be responsible for supporting new model development for regional solutions where deemed appropriate.
The candidate will need to become highly conversant in technical aspects of QRS models in order to oversee their local usage and to explain key model mechanics and methodology to a non-technical audience, which may include portfolio risk managers, senior management, regulators, and / or auditors.
The role will provide broad exposure to Citi’s businesses across the region and develop expertise spanning multiple risk stripes as the candidate will also be expected to understand the key local requirements and critically assess the level of analytical support needed to adequately capture these risks.
This will involve close cooperation with the local risk managers within the region to understand portfolio dynamics and with Group-level developers to understand model methodology, mechanics, and limitations
Competencies / Skills :
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
What’s on Offer?
The successful candidate will have the opportunity to work on a wide range of analytical topics relevant for senior management decision making (CRO, CFO, and Board) and regulatory management.
They will interact confidently with quantitative analyst and risk management professionals across multiple risk stripes and geographies, and in so doing gain an expansive view of the firm and its analytical capabilities.
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