Stress Testing Reviewer

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in Model Validation and or Model Analytics along with Stress Testing experience in Market Risk, Credit Risk, Liquidity Risk and or Operational Risk management fields, including portfolio/ risk to Citi’s Enterprise Risk Management (ERM) business.

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.

Team / Role Overview:
ERM sits within Independent Risk Management is responsible for overseeing the implementation of Citi’s Enterprise Risk Management Framework and for specific enterprise-level risk management programs and processes that span the organisation, the lines of defense and various risk categories.

These include risk identification, enterprise risk analytics, risk appetite & limits, new activity risk management, risk frameworks & policy, strategic risk, digital assets risk and climate risk. The group is headed by the Head of ERM who reports directly to the Citigroup Chief Risk Officer (CRO). 

As part of ERM, Enterprise Risk Analytics (ERA) & Stress Testing is responsible for Enterprise Stress Testing with Legal Entity Oversight (LEO), Material Legal Entity (MLE) Stress Testing and ICAAP execution and oversight, Firmwide Scenario Design and Expansion which cover Enterprise programs and all Legal Entities.

This role sits in ERA and will review and challenge the stress testing process, which requires proven partnership, leadership and credit and market risk expertise as the team will coordinate across multitude of stakeholders in first and second line of defense teams, ERM governance, model development, reporting, technology and Internal Audit.

The successful individual will have the opportunity to work with senior stakeholders in 1LoD and 2LoD stakeholders. He/ She needs to leverage the analytics expertise on both the loss models and scenario models to support the firmwide stress testing program.

What you'll do:

• Conduct annual reviews of stress testing programs across Market Risk, Credit Risk, Operational Risk, Liquidity Risk and multi-risk programs (e.g., Country, Real Estate), including risk pool’s specific stress testing, and risk pool’s contribution to enterprise level stress testing programs (e.g., GSST, RST).
• Conduct issue validation to confirm review findings are remediated by risk pools through action plans execution.
• Contribute to additional review, which may be required based on changes in scenario,
  assumptions, or methodologies, as well as significant macroeconomic or market events
• Through the review, analyse stress testing process and make recommendations addressing business needs.
• Communicate findings to applicable stakeholders and ensure action plans are defined to remediate issues.
• Evaluate stress test results and actions (e.g. limit setting/ monitoring, risk appetite, risk
  identification).
• Communicate results to a variety of audiences.
• Conduct analysis and package it into detailed technical documentation reports to meet
  regulatory guidelines and exceed industry standards.
• Provide guidance to juniors as and when necessary.

What we'll need from you:

• Demonstrated extensive Stress Testing experience in Market Risk, Credit Risk, Liquidity Risk and or Operational Risk management fields, including portfolio/ risk management experience.
• Model Validation and or Model Analytics experience.
• Experience in relevant regulatory guidance, including the SR12-7.
• Knowledge of risk appetite, limit setting, banking book/ trading book products and risk
  management practices.
• Demonstrated project management and organizational skills and capability to handle
  multiple projects at one time.
• Consistently demonstrates clear and concise written and verbal communication skills.
• Ability to create and deliver presentations.
• Self-motivated and detail oriented.
• Proficient in Microsoft Office (EXCEL), SAS, R, Python or other programming languages.
• Fewer years of relevant experience will be considered for candidates with higher academic qualifications and/or certifications such as a PhD, a second master’s degree, FRM or CFA.

What we can offer you:

By joining Citi Solutions Centre Poland, 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 (which is annually reviewed) and enjoy a whole host of additional benefits such as:

• Private Medical Care Program
• Life Insurance Program
• Pension Plan contribution (PPE Program)
• Employee Assistance Program
• Paid Parental Leave Program (maternity and paternity leave) 
• Sport Card
• Holidays Allowance
• Sport and team recreation activities
• Special offers and discounts for employees
• Access to an array of learning and development resources 
• A discretional annual performance related bonus
• A chance to make a difference with various affinity networks and charity initiatives.

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 energized 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.

#LI-TM3

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