Markets Price & Model Risk & Control SVP, Citi

Citi

Location:
India, Pune

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

An individual in Enterprise Risk Management plays a critical role in managing the bank's diverse risks to ensure financial stability and sustained growth. This involves the identification and management of enterprise-level and cross-cutting risks, designing and executing stress tests, managing climate risk and protecting against reputational risk. This integral role within the bank ensures operations are within a defined risk appetite and contribute to the overall objectives of the bank.

Job Responsibility:

Act as the primary point of contact in Markets for Unapproved Models controls including false positive and data quality checks, facilitation of break remediation, and preparation of management information for governance forums
Act as the primary point of contact for Model Risk Managers Control Assessment in Markets including monitoring of controls and transformation initiatives
Act as the primary point of contact for Risk ID and Risk Appetite Statement in relation to Model Risk in Markets
Assist the Head of Markets Model Risk and Control with regulatory requests
Drive standardized, consistent mechanisms and technology enhancements to evidence controls and supervision, and ensure alignment with longer term infrastructure initiatives
Manage deliverables in relation to model risk controls across multiple businesses, regions and stakeholders
Work with Second Line and Internal Audit colleagues to coordinate model remediation activity across Markets

Requirements:

10+ years of experience in Risk Management, Model Risk framework, First line of defence, or other related roles in the financial industry
Strong understanding of model risk management practices, controls and risks
Excellent oral and written communications skills
the ability to explain complex topics to and influence the actions of non-specialist stakeholders
Ability to drive change to business practices by working effectively across a global organisation
Self-starting with the ability to multitask and prioritize
Project management and change capabilities are essential
Capable of prioritizing and multi-tasking in a dynamic, fast paced environment
Ability to analyse a process and recommend ways to improve quality, controls, and efficiency
Understanding of Markets businesses, functions and controls is a plus
Knowledge of artificial intelligence techniques and associated risks from their use would be beneficial

Nice to have:

Understanding of Markets businesses, functions and controls
Knowledge of artificial intelligence techniques and associated risks from their use

Additional Information:

Job Posted:
August 14, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Markets Price & Model Risk & Control SVP