Enterprise Risk & Balance Sheet Management- Financial Risk-Intermediate Analyst

Citigroup Inc.; Mumbai; On-site; INR 12,00,000 - 18,00,000; Full time

Job summary

A leading financial services company in Mumbai is seeking an experienced professional for a role in financial risk management. This position involves conducting stress loss forecasting, analyzing capital and balance sheet dynamics, and supporting the optimization of capital utilization. Candidates should have over 4 years of experience in financial services with a strong emphasis on risk management frameworks. A Master's degree in a quantitative field is preferred, and expertise with tools like SAS and SQL is essential.

Qualifications

• 4+ years in financial services or management consulting focused on financial risk management.
• Working knowledge of Credit Cards and consumer bank products.
• Understanding of Capital and Balance Sheet Management, CCAR & CECL framework.

Responsibilities

• Perform stress loss forecasting aligned with CCAR/CECL framework.
• Conduct in-depth analytical assessments of balance sheet components.
• Support initiatives to optimize capital utilization and enhance risk management.

Skills

Analytical Thinking

Constructive Debate

Escalation Management

Industry Knowledge

Risk Identification and Assessment

Education

Master’s degree in quantitative disciplines

MBA Finance

Tools

SAS

SQL

VBA

Advanced Excel

Job description

U.S. Personal Banking (USPB) is a major business at Citi. The In‑Business Credit & Franchise Risk Organization within USPB is responsible for managing the credit and franchise risk of the USPB business. The Head of In‑Business Credit & Franchise Risk reports to the CEO of USPB.

One of the groups within In‑Business Credit & Franchise Risk Organization is Enterprise Risk and Balance Sheet Management. This group is responsible for executing Enterprise Risk Management (ERM) programs including Risk Identification, Risk Appetite & Limits, New Activities/Product Risk, ERM Risk Monitoring and framework execution. Additionally, this group is pivotal for In‑Business Balance Sheet Management, focusing on USPB Capital Resource Management, Recovery & Resolution planning, and Tangible Common Equity (TCE) analytics.

This role is part of the In‑Business Balance Sheet Management Team. This individual will be working on key analysis and driving key initiatives contributing to the successful management of capital constraints.

Responsibilities

• Perform stress loss forecasting in alignment with CCAR/CECL framework, evaluate drivers to stress losses support recommendations for Risk Appetite limits to the Business CRO and CEO for approval.
• Perform In‑Business Std RWA (Risk Weighted Asset), ARWA (Credit & Ops) and capital (TCE: Tangible Common Equity) and RoTCE forecasting based on CCAR and other internal stress testing scenarios consistent with firm’s risk appetite framework and strategic plans.
• Perform monitoring and detailed analysis of Spot RWA (Std, Adv Credit & Ops) metrics and trends. This includes conducting weekly driver analyses to identify key contributing factors, anomalies, and potential impacts on capital adequacy, ensuring strict adherence to established risk limits and regulatory requirements.
• Conduct in‑depth analytical assessment of balance sheet components (assets, liabilities, and equity) to identify trends, understand key drivers, and analyze interdependencies impacting capital and risk.
• Support the team in ongoing initiatives aimed at optimizing capital utilization, enhancing balance sheet efficiency, and improving risk management practices.
• Build presentations with supportive analysis, storyboard results for senior management & executive management team.

Qualifications

• 4+ years of work experience in financial services or management consulting with heavy focus on financial risk management
• Working knowledge of Credit Cards and other consumer bank products P&Ls, key risk & return dynamics and loss drivers.
• Good understanding of Capital and Balance Sheet Management, CCAR & CECL framework, Basel III Endgame
• Hands on experience in retail credit risk analytics using analytical or data management tools (e.g., SAS, SQL, Pearl, FRM, VBA, Advanced Excel) and power‑point presentation skills.
• Excellent quantitative and analytical skills, ability to derive trends, insights, and perform risk/reward trade‑off analysis

Leadership Competencies

• Demonstrated history of driving change and managing for results.
• Efficiently solves complex, ambiguous problems / situations.
• Collaborative work style; effectively interacts with partners across organizational boundaries and hierarchies.
• Contributes to a positive work environment and remain calm under pressure.
• Consistently demonstrate clear and concise written and verbal communication.

Education

• Preferred Master’s degree in quantitative disciplines such as Financial Engineering, Operation Research, Econometrics, Statistics or similar quantitative discipline; OR MBA Finance

Risk Management

Portfolio Credit Risk Management

Full time

Most Relevant Skills: Analytical Thinking, Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

For complementary skills, please see above and/or contact the recruiter.

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