Full-Time

VP – Credit Risk Officer

Loss Forecasting

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$125.8k - $188.6kAnnually

+ Incentive Awards + Retention Awards

Senior

O'Fallon, MO, USA + 4 more

More locations: Hoffman Estates, IL, USA | Jacksonville, FL, USA | Wilmington, DE, USA | Atlanta, GA, USA

Hybrid role requiring in-office presence.

Category
Risk Management
Finance & Banking
Required Skills
Python
SAS
R
Word/Pages/Docs
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

You match the following Citigroup's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 6-10 years experience in product program governance and risk management framework, preferably in the cards / unsecured credit space and in loss forecasting and credit analysis
  • Strong analytical and quantitative statistical skills to identify, assess and monitor consumer portfolio credit risks
  • Excellent proficiency in Microsoft Office – particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation)
  • Thorough knowledge of credit source systems, collateral reporting systems, and end reporting/ warehousing
  • Broad understanding of classifiable and delinquency managed credit and operational policies and procedures
  • Demonstrate financial and risk reporting knowledge as well as experience from the business and/or technical area desired
  • Project management knowledge and experience working with diverse group of stakeholders to achieve milestones and deadlines and capability to handle multiple projects at one time
  • 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
  • Good knowledge of Citi products, risk processes and controls with good understanding of regulatory requirements and risk management framework
  • Experience in compiling process and data quality metrics, analyzing results to clearly communicate data-driven analysis to senior management
  • Proficient in MS Office applications (Excel, Word, PowerPoint)
  • Experience with SAS, Python, R for extracting data from large data sets and perform statistical analysis
Responsibilities
  • Perform risk financial forecasting efforts, including designing and maintaining complex credit loss and financial risk forecasting models for consumer credit products (e.g., Cards, Personal Installment Loans)
  • Conduct cost of credit and delinquency statistical quantitative analysis and monitoring product trends to identify key areas of risks-opportunities
  • Identify, track and report on initiatives, performance results and emerging trends to senior management
  • Establish cross-functional partnerships and networks in order to support the loss forecast execution
  • Reconcile detailed financial data from disparate data sources for each of the covered portfolios, presentations and memos provided to regulators, business leaders and external auditors
  • 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
  • Provides risk strategic analytics and information management across Citibank products; facilitating data-quality and controls for other teams and managers
  • Provides regulatory risk project management support (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.)
  • Performs business analysis to respond to regulatory and business questions and provide portfolio insights
  • Performs data analysis to monitor and track data quality and completeness of data
  • Provides Project Management of various deliverables for Portfolio Risk Review chapter. Involvement in rationalization of EUCs (End User Computing) used for Portfolio Risk Reviews
  • Partners with Clients to understand and quickly respond to Client needs. Proactively seeks Client feedback to influence change throughout organization
  • Assistant project manager and work with business users to gather business requirements and draft and co-ordinate approval for Business Requirement Documents (BRD)
  • 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
  • Master’s degree preferred

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, as demonstrated by its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while achieving growth and profitability.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

1812

Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-5%
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Simplify's Take

What believers are saying

  • AI-driven solutions enhance Citi's competitive edge in automated lending and risk management.
  • Partnership with Pylon increases market share in mortgage trading.
  • Investment in fintech Capitolis leads to innovative financial products and services.

What critics are saying

  • Involvement with Windrose exposes Citi to geopolitical risks and regulatory scrutiny.
  • Investment in Validis may face challenges if technology fails to improve underwriting.
  • Integration challenges with Pylon's platform could delay benefits of institutional-grade products.

What makes Citigroup unique

  • Citi's global presence in over 160 countries enhances its competitive advantage.
  • Investment in blockchain technology streamlines cross-border transactions and trade finance.
  • Citi's commitment to ESG initiatives strengthens its brand and market position.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays