Wholesale Credit Risk Stress Testing Lead, Citi

Citi

Location:
United States, Irving, Texas

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Wholesale Credit Risk Stress Testing Lead oversees portfolio risk management activities to minimize credit losses and potential damage to the Citigroup franchise or reputation. The role includes developing business strategies, calculating CECL reserves, conducting stress tests, loss forecasts, and managing risk appetite. Additionally, it involves oversight for the First and Second Lines of Defense while protecting the company's financial stability and reputation.

Job Responsibility:

Execute periodic stress testing exercises to monitor risk appetite of wholesale credit product and identify vulnerable areas
develop, document and execute overlays to compensate model limitations
interact with model developers, model risk governance, business risk, internal audit
leverage business/product expertise to evaluate and challenge the stress loss assumptions in hypothetical and historical stress scenarios
gather and analyze portfolio and macro-economic data to assess potential impact on business performance and integrate the trends to the portfolio loss forecast
develop deep expertise in stress testing methodologies and validate fit for purpose usage in BAU risk management
contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements
build tools and analytical capabilities to support outcome analysis, loss forecasting reports and what if analysis
program with large datasets to assist production, overlay and sensitivity analysis
proactively identify and process/operation efficiencies that will enable the business to make rapid decisions against market condition changes
interact with senior levels of management to facilitate understanding of usage of risk models and inform critical decisions
research on 3rd party data, loss history and alternative models to build inventory of benchmarks
appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervising the activity of teams and creating accountability with those who fail to maintain these standards

Requirements:

7+ years of experience
sound knowledge of statistical modeling concepts and industry best practices
experience with using stress testing models to support BAU risk management
excellent quantitative and analytic skills
ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
experience with analytical or data manipulation tools (Python & Tableau)
ability to deliver compelling presentations and influence executive audiences
excellent communicator: ability to engage and inspire team forward
ability to drive innovation via thought leadership while maintaining end-to-end view
experience working in big data environments
intellectual curiosity to stay abreast of technological advances
solid knowledge on loss forecasting methodology used in wholesale credit risk in HFI, HFS and FVO
past experience working on model analytics, implementation, benchmarking and challenger function
good interpretations skills to convey complex quantitative methodology in simple terms

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

Additional Information:

Job Posted:
August 22, 2025

Expiration:
September 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Wholesale Credit Risk Stress Testing Lead

Citi

Location:United States, Irving, Texas

Category:Finance

Contract Type:Employment contract