Stress Testing Quantitative Risk Analyst, Vice President

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in ICAAP and Stress Testing to the Enterprise Risk Analytics organisation.

By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Citi, a leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Team/Role Overview

The successful candidate will join the Stress Testing team in Dublin which is part of the ERA (Enterprise Risk Analytics) organisation within risk. ERA oversees Stress Testing, Scenario Development, Risk Capital modelling and Reporting for all risk categories across the enterprise: wholesale credit, retail credit, market risk, treasury risk, and operational risk. ERA’s responsibilities are fundamental to the Risk Management organization and all risk activities throughout Citi:

What you'll do

• Support the ongoing delivery of ICAAP and other Regulatory Stress Testing initiatives within the entity working with DART and the wider risk management group. In particular, the delivery stress losses and risk capital across credit and climate risk.

• Support in the development of climate risk stress testing modelling capabilities, in conjunction with Group.

• Coordinate with project work streams spanning a wide range of activities including scenario design, stress loss calculations, economic capital, and governance.

• Provide analytical support to risk specialists in developing stress testing, including further integration of stress testing in Risk Appetite and decision making.

• Support the Regional Stress Testing team in evaluating Legal Entity Stress Testing risk controls and frameworks.

• Assist with information requests from Central Bank of Ireland, European Central Bank, External Auditors and Internal Audit.

• Engage in continuous process improvement around existing stress testing capabilities. Extensive years of experience in financial services sector, in roles requiring superior problem-solving analytical capabilities; must include experience across multiple risk stripes.

• Experience in analytics and explanatory documentation for regulatory capital planning/regulatory risk requirements such as ICAAP or EBA Stress Test.

• Strong familiarity with regulatory landscape facing EU banks.

• Experience in presenting to senior management through relevant risk committee finance fora. Experience in mathematical modelling and understanding of models that are used across different risk types in ICAAP and/or EBA Stress Testing (e.g. Credit Risk, Operational Risk and/or Market Risk) is also advantageous.

• Excellent written and verbal communication skills, with ability to synthesize complex technical information and explain it clearly, is required.

What we'll need from you

• Graduate degree in Economics, Finance, or another quantitative field (Mathematics, Physics, Computer Science, Econometrics, Statistics, etc.) is required. Master or higher degrees are advantageous, as is exceptional academic record (rewards, recognition, etc.)

• Other qualifications such as Financial Risk Manager (FRM), Chartered Financial Analysts (CFA), Certificate in Quantitative Finance (CQF), etc. are advantageous.

• Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation covering credit risk models.

• Practical experience using Python or similar statistical coding software to build and test prediction models. Proficiency handling very large data sets.

• Good knowledge and understanding of a variety of model development and validation testing techniques covering risk models.

• Self-motivated and detail oriented and consistently demonstrates clear and concise written and verbal communication skills

• Demonstrated project management and organizational skills and capability to handle multiple projects at one time.

• Comfortable interfacing with business clients.

• Fluency in speaking, reading, and writing English is required.

• Highly motivated, with ability to work both independently and collaboratively. Logical and thoughtful approach to work, with ability to perform well under pressure to meet tight deadlines.

• Giving careful attention to detail, with capability to deliver high quality results.

• Potential to build trusted relationships confidently at all levels.

What we can offer you

• A chance to develop in a highly innovative environment where you can use the newest technologies in a top-quality organizational culture. 

• Professional development in a truly global environment

• Inclusive and friendly corporate culture where gender diversity and equality is widely recognized

• A supportive workplace for professionals returning to the office from childcare leave

• An enjoyable and challenging learning path, which leads to a deep understanding of Citi’s products and services.

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi Dublin, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more here.

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

#LI-PM3

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Job Family Group:

Risk Management

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Job Family:

Risk Analytics, Modeling, and Validation

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Time Type:

Full time

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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