Risk Management Specialist SVP

5 days ago


New York, New York, United States Citigroup, Inc. Full time
Job Overview

This role is part of Citi's efforts to build out second line Climate Risk management capabilities, focusing on risk identification, measurement, and integration into governance and existing risk processes. The successful candidate will support the development of scenario design and expansion approaches, including analyzing climate developments, conducting research, and engaging in model development efforts.

Key Responsibilities:

  • Analyze climate scenarios and suggest different potential forward-looking paths using either judgment or models.
  • Interpret scenario variable pathways and ensure variable projections are consistent with scenario assumptions, model assumptions, and statistical and econometric foundation assumptions.
  • Ensure methodological consistency and coherency across scenarios developed and used across the organization (both businesses and regions).
  • Support the communication of scenario narratives, key underlying assumptions, and climate drivers to internal stress testing delivery teams and presentations in senior governance forums.

Requirements:

  • Experience with scenario expansion and/or econometric modeling for scenario analysis and stress testing purposes; experience as a model developer is preferable.
  • Solid understanding of NGFS, IPCC, and IEA scenarios and translation of climate risks into financial system impacts.
  • Familiarity with industry-leading climate risk models and physical risk data providers, with fluency in the scope, capabilities, and limitations of each tool and platform.
  • Strong familiarity with the increasing regulatory expectations facing banks with respect to climate risk.
  • Experience in dealing with change projects and/or building/delivering new capabilities.

Compensation and Benefits:

Citi offers a competitive salary range of $176,720 - $265,080, along with a comprehensive benefits package that includes medical, dental & vision coverage, 401(k), life, accident, and disability insurance, and wellness programs. The position involves significant interaction with senior management and subject matter experts, providing opportunities for professional growth and visibility within the organization.



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