Head of CCR & PM Analytics

The Global Head of Counter Party Credit Risk & Portfolio Management Analytics  (“CCR & PM Analytics”)  leads a global team working on Stress Loss, NSE, PFE & LRM Models, Product Coverage, FS Tolerance, Portfolio Analytics, AI, LRM Governance and Oversight and DSFT, MRI’s and Rapid Stress Scenarios,

Job Purpose:

• Individual will be responsible for ICM Counterparty Credit Risk and Portfolio Management Analytics, which includes risk measurement methodologies and frameworks
• Analyzing portfolios and businesses to ensure the risks are being properly measured and controlled in accordance with the firm’s risk policies.

Job Background/context:

• Institutional Credit Management (ICM) is a global team on independent risk management within the first line of defense.
• This senior role will cover all regions.
• To fulfill this role, a senior risk professional is required who has a strong market or credit risk background and experience with financing businesses.

Key Responsibilities:

This person will be responsible for oversight of CCR & Portfolio Management Analytics in support of risk management of the wholesale credit risk portfolio. He or She will manage a global team risk professionals. Responsibilities include:

• Develop and maintain risk measurement and management frameworks. Develop and utilize risk management tools for the measurement, monitoring and management of exposure.
• Participate in BAU risk management activities including select councils/committees
• Provide SME support to businesses on risk related activities
• Actively liaise and coordinate with businesses on new product identification, limits, stress testing, etc.
• Create focused working groups to tackle change the bank activities
• Monitor client portfolios to ensure that risks (primarily market and liquidity risk, but also documentation, legal and reputational risks) are controlled
• Perform standard daily and weekly analysis as well as customized risk analysis.  Communicate key findings to senior management.
• Put together presentations and documents for internal and external use on various topics including describing the functions of the Risk Group, stress methodologies, and summarizing risk issues
• Analyzing control environment including periodic review of the control environment, vetting of new systems, processes, policies and procedures associated and related to market and/or credit risk and ensuring they are in sync with market practices

Development Value:

• Lead a team focusing on a critical area of the Bank
• Influence the strategic direction of the Bank from a risk management perspective

Knowledge/Experience:

• Strong experience with managing risk of Financing products including  Repos, Total Return Swaps, Margin Loans and Structured Financing solutions
• Relevant market risk experience across multiples asset classes including rates, equities, credit and commodities T
• Trading experience desirable

Skills:

• Development and implementation of class leading risk methodologies and technology.
• Strong analytical skills with good attention to detail and a demonstrated aptitude for tackling analytical issues through quantitative modeling and assimilation of data into a working product.
• Ability to work well with cross-functional teams from Business, Credit, Operations and Compliance
• Strong written and verbal communication skills
• Sound risk and business judgment
• Stress testing skills essential, instrument modelling skills desirable.

Qualifications:

• Bachelor’s degree required
• Masters in Mathematics, Science or Finance/Economics is highly preferred

Competencies:

• Good communicator.
• Entrepreneurial.
• Strong analytical skills.
• Strong problem solving abilities
• Excellent written and oral communication skills
• Ability to work independently as well as in a team environment.

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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:

New York New York United States

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Primary Location Full Time Salary Range:

$250,000.00 - $500,000.00

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:

Apr 07, 2025

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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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