Citibank, N.A. seeks a Risk Policy Senior Officer I for its Fort Lauderdale, FL location.

Duties: Review and challenge CCAR model forecasting results. Lead overlays operational processes for CCAR/QMMF and CECL cycles. Coordinate CCAR/QMMF overlay proposals from model sponsors and work with Model Risk management and Independent Risk model oversight teams for application and review of overlays. Implement model overlay policies and guidelines for CCAR/QMMF processes. Review and challenge overlays proposed for application within CCAR/QMMF cycles. Establish processes to facilitate automation, including reconciliation reports and other documentation to support senior management reviews and approvals for CCAR/QMMF Overlays. Collect overlay methodology documents for model sponsor proposed overlays in CCAR/QMMF cycles. Responsible for preparation of consolidated overlay summary file as required by Model risk management policy for approvals. Coordinate macro variable sensitivity analysis processes for the CCAR Retail workstream. Establish and maintain controls for Overlays reconciliation and macro variable sensitivity process. Prepare senior management reports for model results, overlay and sensitivity analysis.

Requirements: Bachelor’s degree, or foreign equivalent, in Economics, Finance, Statistics, or a related field, and four (4) years of experience in the job offered or in a related occupation. Two (2) years of experience must include: Working in CCAR/CECL regulatory reporting; Utilizing specialized knowledge on Federal Reserve Board (FRB) Regulatory Requirements (FR Y-14 / Y-9C) Reporting, Policies, Analytics, Governance, and Control to assess the capital adequacy of a financial institution and to support supervisory stress test models and its continuous monitoring efforts; Reviewing and challenging CCAR and Stress Testing results, workstream adjustments, and qualitative modeling approaches; Handling loss forecasting models development, validation, and overlays determination; Performing econometric and statistical modeling to develop, implement, and monitor elements of a financial institution’s Risk and Control environment; Working with in-business risk or independent risk management functions; Managing report consolidation and building Management Information Systems (MIS); Managing complex projects with diverse stakeholders; and Conducting portfolio reviews leveraging in-depth knowledge of the industry, market trends and competitive landscape to anticipate potential changes that could impact losses. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/ . Please reference Job ID #24733847. EO Employer.

Wage Range: $169,356.00 to $191,316.39

Job Family Group: Risk Management

Job Family: Risk Policy

Job Family Group:

Job Family:

Time Type:

Full time

Primary Location:

Fort Lauderdale Florida United States

Primary Location Full Time Salary Range:

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.

Anticipated Posting Close Date:

Jun 26, 2024

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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.