Director, Economist and Scenario Design Lead, Citi

Citi

Location:
Canada, Mississauga

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The person will lead a ~4-member team tasked with designing macroeconomic scenarios used for various corporate purposes—CCAR, internal stress testing, financial planning, loan loss reserves (CECL). The role reports to the head of Enterprise Scenario Design, which is part of Enterprise Risk Management (ERM). The position is pivotal in managing cross-enterprise risks while maintaining financial stability and aligning to the organization's overall risk appetite.

Job Responsibility:

Design, maintain, and update scenarios for various use cases
develop, enhance, and maintain guidelines for scenario design
engage with stakeholders on scenario development
conduct complex stress testing and loss forecasting
analyze potential impact and make strategic recommendations
contribute to stress testing consent order remediation
monitor and report on all risk categories
regularly review and challenge the accuracy of reports
interact with regulators and auditors
train junior team members
stay updated on industry trends, regulatory changes, and best practices
inspire teams with aspirational vision
create resilient organizational culture
foster collaborative partnerships for enterprise success
champion innovative risk management strategies
maintain clear communication about risk management

Requirements:

15+ years of experience, including 8-10+ years' managerial experience
10+ years of experience in macroeconomic analysis or forecasting or scenario design
experience with managing a global forecasting process
experience in building and managing teams
excellent verbal and written communication skills
extensive understanding of the global regulatory landscape
experience providing oversight and managing complex projects or processes
previous experience managing regulatory inspections and audits within a financial services company
extensive project management experience
strong commercial awareness and expert knowledge in risk management
broad knowledge of financial and non-financial risks
comprehensive understanding of credit and operational policies and procedures
proven experience in compliance, audit, or governance roles within a banking or financial institution
excellent communication skills for effective negotiation
ability to interpret complex financial and risk reporting
proficiency in Microsoft Office
exceptional organizational skills
strong leadership skills
strong networking skills
high adaptability
ability to work in a fast-paced environment managing multiple projects and stakeholders
graduate-level training in Economics (Ph.D. preferred) with practical experience of econometric methods used in macroeconomic forecasting

Additional Information:

Job Posted:
May 31, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Director, Economist and Scenario Design Lead