Regulatory Risk Officer

Citi; New York (NY); Remote; USD 183,000 - 186,000; Full time

Job summary

A forward-thinking company is seeking a Regulatory Risk Officer to enhance risk management strategies and ensure compliance with regulatory standards. This dynamic role involves analyzing complex datasets, preparing critical reports for management and regulators, and driving strategic analytics across various financial products. The ideal candidate will leverage statistical tools and methodologies to forecast risks effectively and contribute to the overall risk management framework. Join a team that values innovation and analytical excellence, and help shape the future of risk management in a collaborative and supportive environment.

Qualifications

• 5 years of experience in financial risk analysis and reporting.
• Expertise in statistical models and methodologies for risk forecasting.

Responsibilities

• Analyze and prepare reports on various risk portfolios.
• Manage reporting and support regulatory risk project management.

Skills

Statistical Models

Data Analysis

Risk Management

Data Visualization

Analytical Skills

Education

Bachelor's degree in Statistics

Master's degree in related field

Tools

R

Tableau

Datameer

Arcadia

SQL

Python

Job description

Citibank, N.A. seeks a Regulatory Risk Officer for its New York, NY location.

Duties:

1. Contribute to the analysis and preparation of reports for Internal Management, Regulators, Auditors, etc. that detail risks inherent in Credit, Market, Operational or other Risk Portfolios.
2. Manage reporting including but not limited to portfolio concentrations, limit exceptions, stress testing, loss reserves or high-risk exposures.
3. Work with key partners to support and advance projects being developed.
4. Provide risk strategic analytics and information management across Citibank products.
5. Facilitate data-quality and controls for other teams and managers.
6. Provide regulatory risk project management support (business requirements, analysis and testing) for delivery of regulatory solutions.
7. Perform data analysis to monitor and track data quality and completeness of data.
8. Provide Project Management of various deliverables for Portfolio Risk Review chapter.
9. Involved in rationalization of EUCs (End User Computing) used for Portfolio Risk Reviews.

Remote work may be permitted within a commutable distance from the worksite, in accordance with Citi policy.

Requirements:

Bachelor's degree, or foreign equivalent, in Statistics, Mathematics, or a related field, and five (5) years of experience in the job offered, as a Financial Risk Specialist, or in a related occupation. Five (5) years of experience must include:

1. Working with risk management with special focus on statistical models and methodologies used for loss forecasting to drive analytics related to forecast components including P&L and balance sheet and enhancing understanding of risk drivers to inform decision-making;
2. Preparing regulatory and senior management reports that support effective review and challenge of Global CCAR 14A Stress testing methodology and CECL framework;
3. Performing deep dive data analyses on large complex datasets to understand key drivers of risk and highlight trends;
4. Using statistical and business intelligence tools including R, Tableau, Datameer, Arcadia, SQL, and Python to aggregate and visualize data;
5. Validating and driving consensus on data definitions, mapping, and data rules to ensure a high standard of data quality and compliance with regulatory and audit data requirements;
6. Evaluating project delivery process, including managing risks by highlighting critical dependencies, providing oversight for appropriate controls implementation, and ensuring issues are resolved.

In the alternative, employer will accept Master's degree plus three (3) years of experience. 40 hrs./wk.

Applicants submit resumes at https://jobs.citi.com/ or by email to Citigroup Recruiting Dept. at [e-mail]. Please reference Job ID# 24718885. EO Employer.

Wage Range: $183,290.00 to $186,000.00

Job Family Group: Risk Management

Job Family: Regulatory Risk

Time Type: Full time

Primary Location: New York New York United States

Primary Location Salary Range:

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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