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

Citi; Mumbai; On-site; INR 12,00,000 - 18,00,000; Full time

Job summary

A leading financial services company is seeking a professional in Mumbai to manage financial risk within the U.S. Personal Banking division. The role involves performing stress loss forecasting, analyzing balance sheet components, and supporting initiatives to optimize capital utilization and enhance risk management practices. Ideal candidates will have over 4 years of experience in financial services, strong analytical skills, and hands-on experience with risk analytics tools. A Master’s degree in a quantitative field is preferred.

Qualifications

• 4+ years of work experience in financial services or management consulting with focus on financial risk management.
• Good understanding of Capital and Balance Sheet Management, CCAR & CECL framework.
• Hands-on experience in retail credit risk analytics using analytical or data management tools.

Responsibilities

• Perform stress loss forecasting in alignment with CCAR/CECL framework.
• Conduct in-depth analytical assessment of balance sheet components.
• Support ongoing initiatives aimed at optimizing capital utilization.

Skills

Analytical Thinking

Financial Risk Management

Collaborative Work Style

Quantitative Analysis

Credit Risk Knowledge

Education

Master’s degree or MBA in Finance

Tools

SAS

SQL

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

The candidate will be a key resource to perform or support the following 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

Job Family Group

Risk Management

Job Family

Portfolio Credit Risk Management

Time Type

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.

Other Relevant Skills

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

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