Stress Testing Independent Review and Challenge Lead, SVP (Hybrid) @ Citi

Wait 5 sec.

Enterprise Stress Testing – Credit Risk Independent Review and Challenge leadTeam/Role OverviewThis role sits in Enterprise Risk Analytics (ERA), and will review and challenge the stress testing process, which requires proven partnership, leadership and credit and market risk expertise as the team will coordinate across multitude of stakeholders in first line of defense teams, ERM governance, model development, reporting, technology, Internal Audit, and external regulators. He/ She will have the opportunity to work with senior stakeholders in 1LoD and 2LoD stakeholders. He/ She needs to leverage the analytics expertise on both the loss models and scenario models to support the firmwide stress testing program.Job DescriptionConduct annual reviews of programs for Market risk and/or Credit risk programs, including the regulatory driven stress testing, internal stress testing, and the risk pool contribution to enterprise level stress testing programs (e.g., CCAR, GSST, RST, ICAAPs).Contribute to additional review, which may be required based on changes in scenario, assumptions, or methodologies, as well as significant macroeconomic or market eventsConduct data analysis and support pool owners in reviewing the results.Analyze and interpret reports, make recommendations addressing business needs.Communicate findings to applicable stakeholders and ensure action plans are defined to remediate issuesEvaluate stress test results and actions (e.g. limit setting/ monitoring, risk appetite, risk identification).Assist in the development of analytic engines for business product lines.Communicate results to a variety of audiences.Conduct analysis and package it into detailed technical documentation reports to meet regulatory guidelines and exceed industry standards.Identify modeling opportunities that yield measurable business results.Supervise junior team members.Job RequirementsDemonstrated industry experience in market risk and/or credit risk management fields, including portfolio/ risk management experience in market trading, XVA, IDL, credit risk, model validation, or model analytics.Experience in oversight on market risk or credit riskExperience in relevant regulatory guidance, including the SR12-7Fewer years of relevant experience will be…