Portfolio Credit Risk Management 2nd LOD Senior Lead Analyst

Citi • New York, NY

5d • $198,900 - $233,558 • Hybrid

About The Position

Provide guidance and coordinate cost of credit activities for Consumer Credit businesses, including engaging with Modeling groups, in-business Retail and Wholesale groups and Finance groups. Establish cross-functional partnerships and networks. Sets standards for Personal Banking, CCAR, CECL, QMMF and Loss Forecasting processes and oversee the applications of those standards. Provides risk oversight. Managed the quarterly forecast process for Consumer Credit businesses, set up standards, share best practices, collect information, and create a report for the Senior Risk Management. Assist with the quarterly forecast process for Consumer Credit businesses. Track differences between actuals and forecast in order to retro-feed the process to improve forecast techniques. Participate in the Chief Risk Officer meetings to understand and challenge the forecasts assumptions and results. Execute Loss Forecasting analyses, projects, and reporting initiatives to support Personal Banking, Wealth Management and Legacy Franchise. Provide strategic analytics and insight regarding Cost of Credit (CoC) actuals and forecast to senior management including preparing Citi’s CFO for earnings release (CFO Earnings preparation). Improve process efficiency. Ensure that the Loss Forecasting methodology and forecasted cost of credit metrics are adequate, appropriate controls are in place, and the material for senior business reviews are prepared and delivered to Citigroup’s Credit Committee, CFO, and other business leaders. Collaborate with in-business risk portfolio managers and analysts, and internal functions, to coordinate official corporate forecast, understanding of the loss forecast drivers and process as well as understanding the risk and opportunities. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements

• Master’s degree, or foreign equivalent, in Finance, Actuarial Science or related field and 8 years of experience as a Risk Policy Manager, Risk Portfolio Manager, Risk Manager Payroll Portfolio, Credit Portfolio Group Manager, Credit Portfolio Senior Manager, Credit Portfolio Manager, Mortgage Models Senior Analyst, Scoring & Credit Policy Analyst, or related position involving Consumer Risk and Portfolio Management for a global financial services institution.
• Alternatively, a Bachelor’s degree in the listed fields and 10 years of progressively responsible, post-baccalaureate experience in the listed positions.
• Developing Credit Risk Strategy, including segmentations and scoring models.
• Executing Credit Risk Programs, including risk identification, monitoring, and framework development.
• Developing risk reports using statistical and reporting tools including SAS, Tableau, Power BI, Microsoft Office.
• Preparing and communicating Senior Management materials, providing insights for Consumer Credit Risk Portfolios and Strategies.
• Contributing to the quarterly forecast process.
• Setting and operationalizing policies and procedures.
• Working with institutional clients based in Mexico and the U.S.
• Developing Loss Benchmarks curve methodology for Consumer products.

Responsibilities

• Provide guidance and coordinate cost of credit activities for Consumer Credit businesses.
• Establish cross-functional partnerships and networks.
• Set standards for Personal Banking, CCAR, CECL, QMMF and Loss Forecasting processes and oversee their applications.
• Provide risk oversight.
• Manage the quarterly forecast process for Consumer Credit businesses.
• Assist with the quarterly forecast process for Consumer Credit businesses.
• Track differences between actuals and forecast to improve forecast techniques.
• Participate in Chief Risk Officer meetings to understand and challenge forecast assumptions and results.
• Execute Loss Forecasting analyses, projects, and reporting initiatives.
• Provide strategic analytics and insight regarding Cost of Credit (CoC) actuals and forecast to senior management.
• Prepare Citi’s CFO for earnings release.
• Improve process efficiency.
• Ensure Loss Forecasting methodology and forecasted cost of credit metrics are adequate.
• Ensure appropriate controls are in place.
• Prepare and deliver material for senior business reviews to Citigroup’s Credit Committee, CFO, and other business leaders.
• Collaborate with in-business risk portfolio managers and analysts, and internal functions, to coordinate official corporate forecast.
• Understand loss forecast drivers and process.
• Understand risk and opportunities.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Senior