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Citibank, N.A. seeks a Stress Testing 2nd LOD Lead Analyst for its Irving, TX location. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.
Job Responsibility:
Create documentation around enterprise risk policies and framework, scenario design and variable forecasting processes, methodologies, and applications including data analysis, process models, data quality controls, regulatory governance, project plans and model documentation
Collaborate and support functional managers and senior managers to assess regulatory exams, internal/external audit exams/reviews, consent order milestones, and execution of corrective action plans
Conduct and review Gap assessment of GSST scenarios to ensure that scenarios are comprehensive and dynamic
Review primary shock driver/core scenario driver forecast paths, conduct benchmarking and develop scenario narratives to ensure that they are in adherence to scenario design guidelines
Collaborate with cross functional teams and provide quantitative support for the quarterly scenario generation and forecasting process
Support the maker/checker process of the review of macroeconomic forecast outputs
Support the production process of CCAR, QMMF, GSST, CECL and individual Rapid Stress Test stress testing programs and maintain End User Computation inventory
Support identification of enterprise level materials risk factors
Produce quarterly-path scenario design review materials to formalize review and challenge meetings key takeaways
Become the Subject Matter Expertise (SME) for controls within ESD to design and implement controls, support the adherence to controls, and collate evidence for control adherence in preparation for Quarterly Risk Assessment (QRA)
Engage with downstream workstreams and CPRT for an effective first and second line review and challenge end-to-end scenario design and variable forecasting processes
Conduct workstream level annual CCAR/DFAST SR 15-18 Self-Assessment and provide inputs related to Chapter 6 for Capital Plan submission
Requirements:
Master’s degree, or foreign equivalent, in Finance, Economics, Statistics or a related field
Three (3) years of experience in the job offered or in a related quantitative occupation focusing primarily on data analytics, ensuring adequate governance, and establishing data related control framework within the financial services industry
Working with regulatory requirements, compliance, and risk management principles to develop and enhance documentation around enterprise risk policies and framework
Performing high-level data analysis including benchmarking, sensitivity, and scenario analysis to review variable forecasts and benchmarking and support the production of stress testing scenarios
Utilizing Python, R and SQL for advanced statistical analysis and data interpretation including data collection and reporting
Applying concepts related to corporate finance, financial markets, risk management practices, and policy related frameworks to create documentation around scenario design and variable forecasting processes and methodologies, and to deal with regulatory and audit exams/reviews
Performing regression analysis, hypothesis testing, analysis of variance (ANOVA) and distribution functions to support model documentation
Conducting gap assessment and assist in the variable forecasting process
Interpreting complex financial problems and resolving them effectively
What we offer:
medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
discretionary and formulaic incentive and retention awards