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Stress Testing Market Risk Independent Review And Challenge Lead

https://www.citi.com/ Logo

Citi

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Location:
United States, New York

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

176720.00 - 265080.00 USD / Year

Job Description:

This role sits in Enterprise Risk Analytics (ERA), and will review and challenge the stress testing process, which requires proven partnership, leadership and credit and market risk expertise as the team will coordinate across multitude of stakeholders in first and second line of defense teams, ERM governance, model development, reporting, technology and Internal Audit. He/ She will have the opportunity to work with senior stakeholders in 1LoD and 2LoD stakeholders. He/ She needs to leverage the analytics expertise on both the loss models and scenario models to support the firmwide stress testing program.

Job Responsibility:

  • Conduct annual reviews of stress testing programs for Market risk and/or Credit risk programs, including risk pool’s specific stress testing, and risk pool’s contribution to enterprise level stress testing programs
  • Contribute to additional review, which may be required based on changes in scenario, assumptions, or methodologies, as well as significant macroeconomic or market events
  • Conduct issue validation to confirm review findings are remediated by risk pools through action plans execution
  • Conduct data analysis as needed to analyze stress testing process and make recommendations addressing business needs
  • Communicate findings to applicable stakeholders and ensure action plans are defined to remediate issues
  • Evaluate stress test results and actions
  • Communicate results to a variety of audiences
  • Conduct analysis and package it into detailed technical documentation reports to meet regulatory guidelines and exceed industry standards
  • Supervise junior team members

Requirements:

  • Demonstrated industry experience in market risk management fields, including portfolio/ risk management experience in market trading, XVA, IDL, model validation, or model analytics
  • Understand key market risk with consideration of key market themes and environments
  • Experience in oversight on market risk
  • Experience in relevant regulatory guidance, including the SR12-7
  • Fewer years of relevant experience will be considered for candidates with higher academic qualifications and/or certifications such as a PhD, a second master’s degree, FRM or CFA
  • Knowledge of risk appetite, limit setting, banking book/ trading book products and risk management practices
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Self-motivated and detail oriented
  • Demonstrated project management and organizational skills and capability to handle multiple projects at one time
  • Proficient in Microsoft Office (EXCEL), SAS, R, Python or other programing languages
What we offer:
  • Medical, dental & vision coverage
  • 401(k)
  • Life, accident, and disability insurance
  • Wellness programs
  • Paid time off packages, including planned time off, unplanned time off, and paid holidays

Additional Information:

Job Posted:
August 19, 2025

Expiration:
August 25, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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