Citi Group Director Operational Risk Stress Testing Execution - C15 Hybrid 

United States, Texas, Irving 

191460872

Responsibilities:

• Governance and oversight may include (not limited to) technology operational risk, cyber risk for example.
• Works with colleagues in other areas of Risk Management, Finance, Compliance/Control and the Businesses to assure appropriate management of Operational Risk processes:
• Facilitates accurate and appropriate reporting of operational risks to senior management and the Board of Directors..
• Supports corporate initiatives, including those related to Operational Risk and the alignment of capital assessments with risk management objectives.
• Analyzes operational risk data (typically losses, metrics or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).
• Investigates causes for metrics that are deviating from trends and escalate situations that pose excessive risk(s).
• Facilitates adherence to specific regulatory requirements
• Interfaces with Regulators on Operational Risk matters.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 15+ years relevant experience
• Demonstrated analytical ability; asks insightful questions, break analytical challenges into workable components and draws meaningful conclusions. Well versed in breaking down complex matters into core issues and root causes that can be more readily addressed.
• Proficient in developing new ideas to mitigate risk and improve current processes.
• Prioritizes high impact potential problems effectively. Consistently reads different situations accurately and takes appropriate action to gain senior colleague/ client commitment. Articulates clearly how risk technology supports unit's business, as well as the issues due to gaps between the current technology and known business requirements. Ability to measure and assess the impact of stress shocks including fat-tailed risks. Well-versed in reviewing the dimensions of franchise risk.
• Advanced Leadership skills Operates as a leader, with an understanding and appreciation for diverse backgrounds.

Education:

• Bachelor’s/University degree, Master’s degree preferred and managerial experience

In Addition:

TheDirector of Operational Risk Stress Testing Executionmanages the execution of stress tests for operational risk. These stress tests including enterprise stress tests, such as CCAR and DFAST and stress tests for entities across the globe where Citi has a presence. The role requires a balance of quantitative and analytics skills, leadership /management skills, and written and verbal communication skills. The quantitative and analytical skills are needed to understand the models, interpret results and contribute to the model development agenda. The Group Manager also manages a team and must work cross-functionally to manage the process and building consensus and support for recommendations. Below is more detail on the responsibilities:

• Manage the execution of the stress testing program for operational risk.
• Communicate the results and assess whether the results fully reflect the underlying conditions of the stress tests.
• Assess the results (e.g., versus various benchmarks) and explain results to key constituents.
• Develop and justify model adjustments where warranted to best reflect stress test narratives and current conditions.
• Partner closely with Finance regarding the operational risk component of Citi’s financial plan
• On an ongoing basis, assess whether the stress testing results are meeting the business and risk management needs and contribute the model development agenda and its prioritization.
• Work with the technology team to implement improvements to the stress testing methodologies in an IT environment.
• Represent operational risk on internal stress testing forums.
• Engage with stakeholders, including internal governance groups, audit and regulators regarding the operational risk stress tests.
• Prepare communication materials for senior governance groups.
• Design processes to assure that the execution process is efficient and appropriately controlled.

Anticipated Posting Close Date:

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