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Risk Policy Officer

Job Req ID 25822849 Location(s) Schaumburg, Illinois Job Type Hybrid Job Category Risk Management
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Citibank, N.A. seeks a Risk Policy Officer for its Schaumburg, IL location.

Duties: Developing analytical solutions in SAS and other data querying tools to support various analytical projects, as well as evaluate the effectiveness of the various strategies being tested. Contribute to the development of new systems in collaboration with technology teams by performing user acceptance tests. Utilize experience with UNIX and SAS to perform risk, financial, and data analysis including profiling, sampling, reconciliation, and quality testing. Develop recommendations to adjust collections risk policies by analyzing credit and financial performance utilizing statistical scoring, segmentation, regression, and simulation techniques. Develop collection strategies to minimize Citi retail services and branded cards portfolios’ risk exposure and losses by utilizing statistical methodologies such as clustering, chi-square automatic interaction detector, and analyzing the key statistical indicators to ensure risk models. Identify issues that can affect the performance of risk strategies at any scenario and monitor the impact of implemented changes on portfolio performance by leveraging tools like SQL, Python, R, and Microsoft Excel. Develop and monitor dashboards to identify any deviation from the expected result of the models and initiate the remediation process to address issues or limitations that are identified in the model review exercise. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements: Bachelor’s degree, or foreign equivalent, in Electrical and Computer Engineering, Operations Research, Information Technology, or a related field, and five (5) years of experience in the job offered, or in a related quantitative occupation. Five (5) years of experience must include: Building and deploying advanced analytics solution in B2C environment including customer segmentation, fraud detection, and risk strategies; Developing strategies using SAS and SQL to minimize risk or fraud exposure; Using different statistical modelling techniques including Decision Tree, regression, clustering, and analysis of variance; Identifying potential factors that impact the effectiveness of various strategies across scenarios, monitoring the effects of applied modifications on portfolio performance, and resolving any identified issues using SQL and Big Data/Hadoop programming; Creating and overseeing dashboards to detect deviations from the anticipated outcomes of models and implementing remedial actions to resolve issues or constraints identified during model review using Tableau; and Monitoring the performance of portfolios and implemented models through internal reports to ensure the performance of the strategies are within the acceptable range in terms of Bad Rates, Net Contractual, and operational expenses. In the alternative, employer will accept a Master’s degree and three (3) years of experience. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID# 25822849. EO Employer.

Wage Range:                $143,200.00 - $152,300.00

Job Family Group:         Risk Management

Job Family:                   Risk Policy

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Job Family:

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Time Type:

Full time

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Primary Location:

Schaumburg Illinois United States

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Primary Location Full Time Salary Range:


In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

May 05, 2025

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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.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Apply Now

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