VP - Risk Model Monitoring Execution – C13

The Model/Anlys/Valid Sr Mgr accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Has responsibility for volume, quality, timeliness and delivery of end results of an area. May have responsibility for planning, budgeting and policy formulation within area of expertise. Involved in short-term planning resource planning.Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval.

Responsibilities:

• Develops, enhances, and validates the Regulatory Loss forecasting coding framework for all Secured and Unsecured Loss forecasting models.
• Manages model risk across the model code development and deployment life cycle.
• Produces analytics and reporting used to manage development and implementation risks.
• Translates operational requests from the business into programming and data criteria.
• Assists in the development of analytic engines for Regulatory models.
• Communicates results to diverse audiences.
• Conducts analysis and packages it into detailed technical documentation report for validation purposes sufficient to meet MRM guidelines and exceed industry standards.
• Participates on teams to solve business problems.
• Identifies simplification and efficiency opportunities that yield measurable business results.
• Provides guidance to junior team members as and when necessary.
• Manages stakeholder interaction with model developers and business owners during the model code development and deployment life-cycle.
• Provides effective challenge to model code development standards.
• Contributes to strategic, cross-functional initiatives within the model risk organization.
• Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 10-13 years experience
• Consistently demonstrates clear and concise written and verbal communication skills
• Self-motivated and detail oriented
• Demonstrated project management and organizational skills and capability to handle multiple projects at one time .
• Practical experience using SAS or similar statistical coding software to code and test models. comfortable interfacing with business clients. proficiency handling very large data sets.
• Experience in a quantitative role in risk management at a financial institution with experience in either model code development or validation.

Education:

• Bachelor’s/University degree or equivalent experience, potentially Masters degree

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