Stress Testing 2nd LOD Lead Analyst, Vice President

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team 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.

Job Overview

Excited to grow your career?

We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply! Our people make all the difference in our success.

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Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in ICAAP and Stress Testing to the Enterprise Risk Analytics organisation. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Citi, a leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. 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. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity. Citi has had a presence in Ireland since 1965, when it was one of the first foreign banks to open an office in the country, and is the headquarters of Citibank Europe PLC.

Team/Role Overview

The successful candidate will join the CEP Stress Testing team which is part of the Enterprise Risk Analytics (ERA) organisation within Risk. ERA oversees stress testing, scenario development, risk capital modelling and reporting for all risk categories across the enterprise: wholesale credit risk, market risk, treasury risk, and operational risk. ERA’s responsibilities are fundamental to the Risk Management organization and all risk activities throughout Citi:

What you'll do

• Support the ongoing delivery of ICAAP and Regulatory Stress Testing initiatives, including EBA Stress Test and ECB Thematic exercises. Operate and coordinate with wider entity and risk management functions for the delivery of stress losses, risk capital across credit and climate risk.

• Support the development of climate risk stress testing modelling capabilities and specification of regulatory and management requirements.

• Coordinate with project work streams spanning a wide range of activities including scenario design, model methodologies, stress loss calculations, economic capital, and governance.

• Provide analytical support to risk specialists in developing stress testing capabilities, including further integration of stress testing in Risk Appetite and decision making. Coordinate across Citibank Legal Entities seeking consistency and efficiency in developing stress testing practices.

• Support the Regional Stress Testing team in evaluating Legal Entity Stress Testing risk controls and frameworks.

• Assess and respond to information requests from Central Bank of Ireland, European Central Bank, External Auditors and Internal Audit.

• Engage in continuous process improvement around existing stress testing and risk capital capabilities.

What we'll need from you

• Extensive years of experience in financial services sector, in roles requiring superior problem-solving analytical capabilities.

• Experience in a quantitative role at a financial institution in the modelling/validation/usage and understanding of models that are used in ICAAP and/or EBA Stress Testing (e.g. IFRS9 ECL, PD, EAD, risk capital and concentration risk modelling).

• Extensive knowledge of the regulatory landscape in the EU.

• In-depth experience in stakeholder engagement and presenting to senior management through relevant committees and fora.

• Excellent written and verbal communication skills, with ability to synthesize complex technical information and explain it clearly, including experience in analytical and explanatory documentation for capital planning/regulatory risk requirements such as ICAAP or EBA Stress Test.

• Good knowledge and understanding of a variety of model development and validation testing techniques covering risk or capital models including practical experience using Python or similar statistical software and proficiency handling large data sets.

• Graduate degree and strong academic record in quantitative discipline such as Finance, Econometrics, Mathematics, Physics, Data Science etc. is required. Master or higher degrees are advantageous, as is exceptional academic record.

• Other qualifications such as Financial Risk Manager (FRM), Chartered Financial Analysts (CFA), Certificate in Quantitative Finance (CQF), etc. are advantageous.

• Demonstrated project management and organizational skills and capability to handle multiple projects at one time.

• Highly motivated, with ability to work both independently and collaboratively. Logical and thoughtful approach to work, with ability to perform well under pressure to meet tight deadlines.

• Potential to build trusted relationships confidently at all levels.

• Giving careful attention to detail, with capability to deliver high quality results.

• Fluency in speaking, reading, and writing English is required.

What we can offer you

• A chance to develop in a highly innovative environment where you can use the newest technologies in a top-quality organizational culture. 

• Professional development in a truly global environment

• Inclusive and friendly corporate culture where gender diversity and equality is widely recognized

• A supportive workplace for professionals returning to the office from childcare leave

• An enjoyable and challenging learning path, which leads to a deep understanding of Citi’s products and services.

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well.

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

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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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Primary Location Full Time Salary Range:

zł223,400.00 - zł380,400.00

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Most Relevant Skills

Analytical Thinking, Controls Lifecycle, Credible Challenge, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

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Other Relevant Skills

Business Acumen, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.

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Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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This job opening is for an existing job vacancy.

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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.