Svp, Model Governance & Control Oversight Senior Officer (Hybrid)

Details of the offer

DART (Data, Analytics, Reporting, and Technology) within Citi Risk Management is responsible for (i) supporting intelligent risk decisions and proactive management of Citi's risks across the enterprise, (ii) delivering risk information and analysis to help risk managers and senior management navigate complex risks and regulatory landscape, (iii) providing deep expertise in risk data and dimensions in the development and production of reports and analytics (iv) designing policies, define leading practices and innovate technological tooling in performance of risk data governance and strategy roles.

The CAO team within DART (Data, Analytics, Reporting, and Technology) is responsible for oversight of DART governance, control effectiveness, issue management and remediation, Internal Audit and regulatory engagement, budget and all aspects of the people strategy within DART and the overall Risk Management Organization.

Responsibilities:
Design and maintain effective controls for model development processes within DART
Perform quarter end control results reviews and independent assessment against model development best practices and controls.
Develop process improvements for modeling teams to adopt new controls.
Collaborate on changes to internal and regulatory policies as well as oversight for compliance monitoring and testing.
Perform issue management and partner with modelers to remediate outstanding issues.
Act as the primary liaison between modeling teams and validators during internal audit and external regulatory exams.
Develop and maintain close working relationships with senior management across Risk, Finance, Technology, and other control functions.

Qualifications:
10+ years of prior experience in the financial services industry in a control discipline (i.e., Risk Management, Reporting, Financial Control, Compliance, Audit, Operations, etc.)
Strong knowledge of counterparty credit risk modeling
Prior experience with independent risk assessment, model governance and issue management
Prior experience with internal audit exams and external regulatory exams
Proven ability to lead through influence, persuasion and negotiation
Must have excellent communication skills and stakeholder management experience
Advanced proficiency in MS Office products.

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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Risk Analytics, Modeling, and Validation------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$176,720.00 - $265,080.00
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:
Dec 25, 2024------------------------------------------------------
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 reviewAccessibility at Citi.

View the "EEO is the Law" poster. View theEEO is the Law Supplement .
View theEEO Policy Statement .
View thePay Transparency Posting


Nominal Salary: To be agreed

Source: Eightfold_Ai

Job Function:

Requirements

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