Stress Testing Applications Lead, Citi

Citi

Location:
India, Mumbai

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

Save Job

Apply Position

Job Description:

This role involves identifying and managing enterprise-level and cross-cutting risks, designing scenarios for stress tests, managing climate risk, and safeguarding against reputational risk. It provides a comprehensive view of risk management, helping the bank anticipate, assess, and mitigate potential risks, vital for sustained growth and success.

Job Responsibility:

Lead enterprise-wide stress testing exercises, designing them with loss forecasting for early identification, quantification, and mitigation of emerging risks
oversee, review, and challenge the exercise's effectiveness
lead the development and delivery of bespoke quantitative approaches to apply stress scenarios to live risk exposures and forecast future losses
oversee and challenge the approaches' accuracy and usefulness
assess estimated and forecasted losses in relation to the firm's risk appetite, comparing potential losses with the firm's risk capacity and tolerance, suggesting necessary steps to manage forecasted risk
oversee the accuracy of this assessment and challenge any discrepancies
oversee coordination with cross-disciplinary teams for clear definition and achievement of all project requirements related to stress testing and loss forecasting
ensure deadlines and schedules are met and provide broad exposure to senior stakeholders across risk management departments including Risk Reporting, Data Analytics, and Technology
interpret the results of stress testing, loss forecasting, and other risk assessments, presenting the key findings in a concise visual form for Citi’s top management and the Board of Directors
oversee, review, and challenge the quality and impact of these presentations
collaborate closely with the Risk Reporting, Data Analytics, and Technology departments to streamline procedures, improve risk management strategies, and enhance the accuracy and efficiency of loss forecasting models
oversee the implementation of these processes and challenge any inefficiencies, promoting a proactive approach to risk management throughout the organization

Requirements:

12+ years of experience within Project Management domain in Market Risk/Credit Risk/Stress Testing domain
understanding of various risk categories, including Financial and Non-Financial risks, facilitating comprehensive oversight, review, and challenge of risk management strategies
familiarity with the Global regulatory landscape, with the ability to oversee, review, and challenge practical application of this knowledge
exposure to managing regulatory inspections and audits within a financial services company, enabling effective oversight and challenge of compliance processes
project management experience, with a record of successfully overseeing, reviewing, and challenging collaborative efforts to meet project milestones and deadlines
commercial awareness and knowledge in the field of risk management, providing a solid foundation for oversight, review, and challenge
understanding of credit and operational policies and procedures, including collateral management processes, enabling effective review and challenge in these areas
experience in a compliance, audit, or similar control or governance role within a banking or financial institution, providing a strong platform for effective oversight, review, and challenge
understanding of relevant regulatory guidance (Internal Capital Adequacy Assessment Process (ICAAP), Comprehensive Capital Analysis and Review (CCAR)) and experience in conducting macroeconomic/market stress tests, allowing effective review and challenge of compliance and risk management strategies
superior problem-solving capabilities with a 'can do' attitude, supporting effective challenge under tight timelines
strong communication and presentation skills for clear explanation and challenge of complex topics
advanced analytical skills to interpret complex data into actionable strategies with the ability to oversee and challenge this process
exceptional proficiency in project management tools (preferably JIRA), and quick adaptability to new technologies
proficiency in risk analysis and stress testing methodologies, enabling effective challenge of these methods
excellent leadership skills to drive a team towards common goals and motivate individuals, with the capacity to oversee and challenge team performance
strong networking skills for effective negotiation and relationship building, both internally and externally
high adaptability to respond to changes in the business environment and industry trends, to effectively challenge new risk scenarios
ability to work in a fast-paced environment, managing multiple projects and stakeholders

What we offer:

Access to telehealth options
health advocates
confidential counseling
programs and services for physical and mental well-being
learning and development resources
generous paid time off packages

Additional Information:

Job Posted:
August 19, 2025

Employment Type:

Fulltime

Work Type:

On-site work

View All Jobs In This Company

Job Link Share:

Stress Testing Applications Lead