Risk Policy Senior Group Manager

3 weeks ago


Irving, Texas, United States Citigroup Inc Full time

Job Summary:

Citigroup Inc is seeking a highly skilled Risk Policy Senior Group Manager to join its team in Irving, Texas. The ideal candidate will have a strong background in risk management, with experience in overseeing cost of credit forecasting, reserves, and loss forecast planning and stress testing.

The successful candidate will be responsible for ensuring compliance with and recommending changes to policies, procedures, and frameworks. They will also partner with Finance Planning and Analysis teams to support management communication activities and oversee the Current Expected Credit Loss (CECL) process and outcomes.

The Risk Policy Senior Group Manager will review controls in the underlying processes, ensure appropriate controls are in place, and review and challenge models used in the loss forecasting and CECL processes. They will also participate in/present outcomes to the Independent Risk Oversight Committee and other governance committees and councils.

Key Responsibilities:

  • Oversee cost of credit forecasting, including reserves and loss forecast planning and stress testing, for select geographies and businesses.
  • Ensure compliance with and recommend changes to policies, procedures, and frameworks.
  • Partner with Finance Planning and Analysis teams as required to support management communication activities of changes to methodologies or of results.
  • Oversee the Current Expected Credit Loss (CECL) process and outcomes for select geographies and businesses.
  • Review controls in the underlying processes and ensure appropriate controls are in place.
  • Review and challenge models used in the loss forecasting and CECL processes.
  • Participate in/present outcomes to the Independent Risk Oversight Committee and other governance committees and councils.

Requirements:

  • Masters degree, or foreign equivalent, in Statistics, Finance, Economics, Operations Research or related field.
  • 8 years of experience as a Risk Manager, Credit Portfolio Group Manager, Credit Risk Director, Cards Risk Manager, or related position involving retail credit management of consumer products for a global financial services institution.
  • Knowledge of retail lending portfolio management practices, including acquisition management, account maintenance management, collection management, and loss mitigation management.
  • Base and stress loss forecasting for retail lending exposures, including international experience.
  • Interpreting and applying US GAAP accounting standards for Current Expected Credit Loss and IFRS 9.
  • Utilizing CECL, loss forecasting models, and risk management practices within a financial institution.
  • Process automation and system enhancement to improve risk control environments.
  • Working with international markets and US regulatory and accounting requirements for CCAR/DFAST, CECL, and retail risk management.

What We Offer:

Citigroup Inc offers competitive employee benefits, including medical, dental & vision coverage, life, accident, and disability insurance, and paid time off packages.

Citigroup Inc is an equal opportunity employer and welcomes applications from diverse candidates. 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, please review Accessibility at Citi. View the EEO is the Law poster. View the EEO is the Law Supplement. View the EEO Policy Statement. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.



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