The Workstream and Business Lead - Stress Testing End-to-End Coverage owns the engagement with specific workstreams and business stakeholders in the end-to-end stress testing process. Develops and strengthens relationships with key stakeholders. Own review and challenge of design, processes, and results. Ensures adherence to standards and requirements. Gathers keep inputs and feedback to formulate key drivers and “story tell” stress test results for use with executive management, committees, and board. The job requires a broad and comprehensive understanding of the different systems, theories and practices relevant to a function as well as practical experience of multiple business cycles. In-depth knowledge of the industry and direct competitors’ products/services is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the business, combined with a solid conceptual/practical grounding in both the function and/ or area of expertise. Excellent communication skills required in order to influence effectively. A direct report to the Head of Stress Testing End-to-End Coverage.

Responsibilities:

• Oversight of and engagement in the workstream and business specific stress testing process for market risk, counterparty and trading losses, partnering with key stakeholders to ensure the firm’s requirements and standards are met
• Plays a part in necessary forums, councils, and senior governance groups to establish and govern policies for relevant Stress Testing processes
• Ensures that standards and requirements are met within the forecasting process. Analyses and assesses key drivers of results to formulate “story” for executive management.
• Participates in assessing and incorporating changing business, regulatory and market information needs into relevant stress testing processes and applications
• Coordination and interaction with key stakeholders throughout the firm for purposes of data gathering, narrative input, review and challenge, and Plan approval
• Has authority must have ability to review and challenge relevant finance, risk, and business forecasting processes, methodologies, and results
• Recommends focal areas, policies, and plans for covered areas with senior stakeholders
• Partners with the relevant revenue or functional areas to improve efficiency, effectiveness, productivity and / or control.
• Frequently involved in a wide range of diverse activities that require strategic vision and analysis. The job is typically required to think beyond the existing solutions, assumptions or current knowledge of sophisticated areas that ultimately affect the business/geographic region or a major segment of it
• Assists with regulatory exams, responses to regulatory feedback, execution of corrective actions, and internal audit exams/reviews
• Performs other duties and functions as assigned
• 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:
 

• Minimum 10+ years of proven experience in driving results with a strong understanding of the financial services industry
• Exceptional communication skills, including well-developed verbal, written and presentation skills. Must be able to quickly create concise, informative narratives for internal and external stakeholders, based on forecast and historical data, that convey a well-developed “story” and advocate for a well-reasoned point of view
• Strong ability to influence a wide range of audiences
• Previous experience in a Capital Management or Capital Planning-related function, external consulting, Treasury, Financial Planning & Analysis (FP&A) preferred
• Market risk, counterparty and trading risk knowledge and experience required
• Strong analytical knowledge to engage with modelers and market risk subject matter experts required
• In-depth knowledge of US capital and stress testing related regulation
• Strong attention to detail with proven ability to distill complex ideas into simple stories
• In depth knowledge of relevant banking products / systems
• Broad and comprehensive knowledge of the different systems, theories and practices relevant to a function as well as practical experience of multiple business cycles
• The job will involve internal negotiations with various stakeholder groups which will have a major impact on the area managed, and possibly on other related areas and organization as a whole.

Education:
 

• Bachelors degree, potentially Masters degree

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Job Family Group:

Finance

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Job Family:

Balance Sheet & Balance Sheet Attribution 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:

$170,000.00 - $300,000.00

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:

Jan 24, 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.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

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