The VP, Climate Risk and Portfolio Management Analyst will be aligned with the mortgage risk group with a focus on climate risk data analysis.  This role will be instrumental in establishing the Portfolio Risk Appetite Framework including Climate Risk Appetite and quantifying the peril exposures for the US mortgage portfolio.

Responsibilities:

• Develop framework for climate/catastrophe risk through quantification of the company’s exposure to climate risk including property portfolio aggregations, data quality, stress testing, heat maps, and impact analysis.
• Developing cutting-edge analytics that drive returns optimization and portfolio growth
• Establishing and driving process rigor for risk appetite / Credit Risk analytics
• Ensuring the appropriateness of top-down model results for the US Mortgage portfolios
• Integrating quantitative and qualitative standards to fast-track problem solving and innovation
• Utilize SAS and/or SQL to source data from across the firm and externally; interprets data to evaluate the accuracy and relevance for use in climate risk stress testing and impact models.
• Conduct in-depth analysis and interpretation of third-party catastrophe models.
• Establish and leverage cross-functional partnerships and network with key internal and external partiesto meet climate risk policy initiatives.
• Serves as a subject matter expert for physical climate risk data and analytics.
• Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity.
• 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.

Desired Qualifications/Experience/Certification/Education

• Bachelor’s degree in business, finance, insurance, actuarial science, mathematics, related field, or commensurate experience.
• 6-10 years of insurance/reinsurance experience, preferably in reinsurance, underwriting, claims, actuarial, or risk management functions.
• 5+ years of climate/catastrophe analysis experience including strong quantitative background with knowledge of prevailing climate risk scenarios.
• 5+ years of data analysis experience, including collecting and analyzing data, identifying trends, and recommending solutions.

• Effective presentation skills and able to deliver messages in a clear, compelling, and concise manner.
• Strong organization skills including the ability to prioritize and handle multiple tasks while meeting schedules and deadlines.

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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:

Wilmington Delaware United States

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Primary Location Full Time Salary Range:

$114,720.00 - $172,080.00

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:

Feb 17, 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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