VP Credit Portfolio Officer

Position or Functional Title:  Financial Market Infrastructure Risk Management (FMIRM) Risk Analyst

Description

Financial Market Infrastructures (FMIs) are the external entities in each market that Citi relies on for payment, trading, clearing, settlement, and depository services.  Examples of FMIs include:
 

• Funds transfer (cash payments) systems

• Equities, fixed income, derivatives exchanges
• Alternative trading systems
• Securities and derivatives clearinghouses
• Securities depositories
• Energy (Power/Gas) transmission networks
• Consumer networks (credit card associations and ATM networks)

FMIRM manages the risks associated with Citi becoming a member of these entities globally.  FMIRM is responsible for establishing the parameters, methodologies and associated controls for conducting Risk Assessments of FMIs.

FMIRM works in parallel with various lines of business within the First Line of Defense (1LoD) (e.g., Services, Markets) that establish direct relationships with FMIs, in order to identify and mitigate Citi’s risk and exposures prior to joining these FMIs.  FMIRM also serves as a direct liaison with regulators (e.g. OCC, Fed) on FMI risk-related matters.  

Job Description

The FMIRM Risk Analyst is primarily responsible for conducting risk analyses by working closely with the various lines of business across 1LoD.

Examples of job responsibilities include:

• Analyze risks associated with new FMI memberships and prepare summaries for Business Management approval.
• Participate in the quarterly risk assessment process for MCAs/Controls that are owned by FMIRM.
• Ensure all completed FMI risk analyses, supporting data, and approvals are correctly captured in “PRISM” - the FMIRM database.
• Gather, analyze and monitor quarterly reporting of FMI exposures to regulators (e.g., OCC, Fed).
• Support portfolio reporting to senior management and regulators; respond to ad hoc requests for FMI risk exposure information and supporting analysis.
• Adhere to FMIRM Policy on all matters pertaining to the effective risk management of FMIs.

Qualifications:

Knowledge/Educational Requirements:

• BA required/ MBA preferred
• In-depth knowledge of financial markets and products such as securities, derivatives (OTC derivatives) and/or cash clearing.
• 3 plus years experience in Risk Management, Corporate or Banking, Relationship Management, or Trading Operations.  Prior roles with a strong data analysis component preferred.  Experience with designing and using reports in Tableau is also a plus.

Skills and Abilities:

• Strong analytical and problem solving ability
• Ability to collaborate with others across multiple teams in the various Lines of Defense to achieve objectives;  effectively build business relationships
• Self-directed and highly motivated; ability to work autonomously
• Ability to think ‘out of the box’
• Strong attention to detail
• Strong oral and written communication skills
• Strong proficiency in Excel and other Microsoft Office products

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Job Family Group:

Risk Management

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Job Family:

Portfolio Credit Risk Management

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Time Type:

Full time

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Primary Location:

Getzville New York United States

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Primary Location Full Time Salary Range:

$92,000.00 - $138,000.00

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:

Feb 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.

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