Quality Assurance, Monitoring & Testing Lead Analyst Job at Citi (Mumbai)

Quality Assurance, Monitoring & Testing Lead Analyst

Citi

Location:
India , Mumbai

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The In-Business Quality Assurance (QA) team is an integral part of ICM. The QA function provides management with critical assessments of the group's policies, procedures, and practices related to wholesale credit risk. By verifying that established standards are followed consistently, the team helps identify operational weaknesses, functional risks, training needs, and process deficiencies. This role is part of the Counterparty Credit Risk (CCR) horizontal team and is responsible for reviewing all 1st Line CCR activities, excluding underwriting. The successful candidate will report the results of Quality Assurance Reviews (QARs) to business management, Independent Risk, and other key stakeholders.

Job Responsibility:

Provide effective and credible challenge during QARs to ensure weaknesses in controls and processes are identified and escalated appropriately
Support the establishment and enhancement of processes to ensure wholesale credit risks are effectively identified, measured, monitored, and controlled in line with the bank's risk appetite and governance framework
Execute QARs by reviewing existing policies, standards, and procedures to develop a comprehensive testing strategy
Conduct consistent and objective assessments during QARs and follow up on corrective actions
Perform sustainability testing for corrective actions resulting from issues raised by Internal Audit or regulators
Stay current with relevant regulatory changes, industry news, and regulatory findings
Contribute to internal projects and initiatives within the In-Business QA team as required
Support ICM Voice of the Employee (VOE) initiatives
Travel (less than 10%)

Requirements:

Proven expertise in the measurement of CCR exposures using methods such as Potential Future Exposure (PFE), factor sensitivities (Greeks), and stress testing
Strong understanding of OTC derivatives, securities financing transactions, and their associated markets, trading strategies, and pricing models
Solid understanding of risk management and control frameworks for CCR, including risk mitigation techniques like collateralization and margining
Education: BA/BSc /equivalent or higher degree in Finance, Economics or a related field
Experience: 6-10 years of relevant experience, preferably in a counterparty credit risk role at an investment bank. Experience in banking, risk management, internal audit, or a quality assurance function will also be considered if relevant subject matter expertise and technical skills can be demonstrated
Technical Skills: Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint)
Hands-on experience with data analysis and visualization tools such as Tableau
Working knowledge of data extraction and manipulation techniques using relevant tools (e.g. Tableau, SQL or Python)
Leadership: Demonstrate a strategic and proactive approach to driving best practices that support safety and soundness within ICM and Citi
Core Competencies: Excellent organizational skills, with the ability to produce high-quality work under pressure and manage competing priorities with minimal supervision
Strong problem-solving and decision-making capabilities
Well-developed interpersonal skills, with the ability to build relationships and influence stakeholders at all levels, with or without direct authority

Additional Information:

Job Posted:
March 20, 2026

Employment Type:

Fulltime

Work Type:

On-site work

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