EDD/KYC High-Risk Reviews Analyst, Financial Crimes Risk Management
TD
VP, Stress Testing Lead – Operational Risk
Citi
full-time
Posted on:
Origin: • 🇺🇸 United States
Visit company websiteSalary
💰 $114,720 - $172,080 per year
Job Level
Senior
About the role
- Contribute to execution, review and interpretation of operational risk stress tests (enterprise stress tests such as CCAR and DFAST and global entity stress tests)
- Communicate stress test results, assess whether results reflect underlying conditions, and compare versus benchmarks
- Develop and justify model adjustments to reflect stress test narratives and current conditions
- Partner closely with Finance regarding the operational risk component of Citi’s financial plan
- Assess ongoing fit of stress testing results to business and risk management needs and prioritize model development agenda
- Work with technology team to implement methodology improvements in an IT environment and design efficient, controlled execution processes
- Engage with stakeholders including internal governance groups, audit and regulators; prepare communication materials for senior governance groups
- Proactively identify, analyze and monitor operational risks across portfolios and develop/implement risk mitigation strategies and policies
- Analyze and prepare detailed risk reports documenting inherent risks, concentrations, limit exceptions, stress testing, loss reserves, and high-risk exposures
- Mentor junior analysts and foster knowledge sharing and collaboration
- Monitor compliance across business units and recommend control enhancements
- Provide timely data to Regulators, Risk Managers, and Senior Management for portfolio monitoring and regulatory reviews
- Develop and implement interactive data visualization artifacts and design/optimize data models, flows, and reporting processes
- Construct and implement Corrective Action Plans and collaborate with Internal Audit on risk matters
- Lead policy-driven, remediation-driven, and regulatory initiatives and support business analysis for risk data and reporting programs
Requirements
- 6-10 years of experience
- Bachelor's/University degree required; Master's degree preferred
- Certifications such as CPA, FRM or CFA are a plus
- Comprehensive knowledge of financial instruments, risk metrics, and stress testing
- Thorough knowledge of stress testing methodologies and application
- Experience in programming/modeling, building financial models, developing and implementing algorithms
- Advanced skills in data analysis and understanding of statistical concepts
- Proficiency in using advanced analytical tools and applications
- Deep understanding of the banking domain, specifically risk management and credit policies
- Leadership/management skills
- Exceptional critical thinking and problem-solving mindset
- Strong written and verbal communication skills
- Ability to develop and implement risk mitigation strategies and process improvements
