Full-Time

Regulatory Risk Sr Officer I

Loss Forecast-Hybrid

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$156.2k - $234.2kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Hoffman Estates, IL, USA + 1 more

More locations: Wilmington, DE, USA

Hybrid position.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • 10+ years relevant experience
  • Should have excellent proficiency in Microsoft Office – particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation).
  • Broad understanding of classifiable and delinquency managed credit and operational policies and procedures, including a command of the collateral management process.
  • Experience in credit card risk management or equivalent training and experience preferably in the financial services industry
  • Thorough knowledge of financial and risk reporting as well as experience from the business and/or technical area desired.
  • Familiarity with regulatory landscape facing global banks. Ideally, have worked in banking industry or regulators institutions.
  • Previous experience in managing Regulatory Inspections and Audits within a financial services company.
  • Professional ability and presence to interact with Senior Bank, Regulatory and Audit Management.
  • Project management knowledge and experience working with diverse group of stakeholders to achieve milestones and deadlines.
  • Proven relationship management skills with ability to deepen relationships and build partnerships across the business, executive leadership and key functional support areas like Government Affairs, Communications, Legal, Compliance, Control, in-business Risk and Independent Risk.
  • Project management experience with the proven ability to develop project plans and drive a diverse group of stakeholders to achieve milestones and deadlines.
Responsibilities
  • Lead risk financial forecasting efforts, including designing and maintaining complex credit loss and financial risk forecasting models
  • Conduct cost of credit and delinquency analyses and monitoring product trends to identify key areas of risks-opportunities
  • Responsible for providing risk strategic analytics, information management across Citibank products and reports to senior management
  • Responsible for communicating to executive management implications of existing and opposed regulation and developing potential responses. This may include regulations related to specific product or macro / systemic regulation, including standards to comply with Basel II / III, MiFID, U.S. Fed, Treasury, FDIC and regulations from other central banks and regulatory authorities.
  • Regulatory risk project management ownership (business requirements, analysis and testing) for delivery of regulatory solutions. (i.e.. CECL, Part 30 core capabilities initiatives, stress test and CCAR regulatory requirements, etc.)
  • Analyzes new risk-related guidelines, best practice standards, rules and regulations
  • Directs the approach to answering questions and involve appropriate Risk functions in Citi with audits and regulators.
  • Provides Project Management of various deliverables for Portfolio Risk Review chapter. Involvement in rationalization of EUCs (End User Computing) used for Portfolio Risk Reviews.
  • Significant interaction with a wide range of senior bank and risk management colleagues, as well as external stakeholders such as regulators / auditors.
  • Initiates feedback session with Client to understand strength and focused areas. Leverages feedback to influence change throughout organization.
  • 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.

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its services encompass consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citi operates in over 160 countries, utilizing its global network and technology to offer solutions tailored to its diverse client base. The company generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citi's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The goal of Citigroup is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

N/A

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
  • The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
  • Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.

What critics are saying

  • Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
  • Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.

What makes Citigroup unique

  • Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
  • The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
  • Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.

Help us improve and share your feedback! Did you find this helpful?