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Assistant Vice President - Stress Testing 2nd LOD

Job Req ID 25871025 Location(s) Mumbai, India Job Type Hybrid Job Category Risk Management

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Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’s Risk Management organization oversees Citi’s risk governance framework and risk appetite, ensures all risks generated by the firm’s businesses are measured, reviewed, and monitored on an ongoing basis.

We’re currently looking for a high caliber professional to join our team as Assistant Vice President - Stress Testing 2nd LOD - Hybrid (Internal Job Title: Assistant Vice President - C12) based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
We empower our employees to manage their financial well-being and help them plan for the future.
We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

In this role, you’re expected to:

The Scenario Design and Expansion team is part of the Enterprise Risk Analytics and Stress Testing (ERA) group within Citi Risk Management and is broadly responsible for internal and regulatory stress testing at Citi with emphasis on market scenarios design and financial variable expansion.

Responsibilities:

The primary mandate of the team is to create instantaneous market shocks for an extensive range of financial variables as part of systematic stress testing process and to maintain the risk factor variables and corresponding scenarios in the designated environment. The team also develops and enhances quantitative models to facilitate firm-wide stress testing.
Examples of projects which the candidate may work on:
Development of new and enhancement/maintenance of existing models deployed for global stress testing including variable expansion models and Business Specific Stress Tests.
Development of specific quantitative tools for risk identification and scenario design inputs.
Maintenance of in-house database for key risk factors and scenarios used for firm-wide instantaneous stress testing.

Qualifications:

5+ years of experience in Market Risk/ Counterparty Credit Risk/ Stress Testing is mandatory
Experience in Financial Services industry preferably in a role that requires superior problem solving, analytical thinking/capabilities and excellent communication skills.
Excellent writing skills, with ability to synthesize complex concepts and translate into effective presentations to senior audiences.
Sound organizational and time management skills; ability to work under pressure is critical.
Highly motivated individual with ability to work independently as well as collaboratively on multiple concurrent projects.
Working knowledge/ability to code in Python or other programming language is a major advantage.

Education:

Bachelor/Master’s degree in Economics, Finance, Mathematics or a Science.

Working Hours: 1:00 pm - 10:00 pm IST

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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Job Family Group:

Risk Management

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Job Family:

Enterprise Risk

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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.

View Citi’s EEO Policy Statement and the Know Your Rights poster.

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