Citi, a leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.
Citi Europe plc (CEP) is the main EU banking entity for Citi in EMEA. It has a presence in 22 countries in Europe, covering several key business lines including Markets and Securities Services, Treasury and Trade Services, Corporate and Investment Banking, and Consumer, with Revenue of approx. $2bn and total assets of $50 billion.
CEP Independent Risk Management, headquartered in Dublin, acts as the second line of defence for the holistic management of risk across all business lines and locations of CEP. Given the size and importance of CEP in the European Banking arena, CEP is considered a European “Significant Institution” ” by the European Central Bank and is directly supervised by the Single Supervisory Mechanism in Frankfurt.
CEP Risk Analytics sits within the CEP Independent Risk Management function with the Head of Risk Analytics reporting to the CRO. The Head of CEP Risk Analytics is responsible for legal vehicle regulatory capital models and stress testing.
Working with the Head of CEP Risk Analytics, the CEP Risk Analytics Manager will be the point of contact within the team in relation to all the Wholesale Credit and IFRS 9 models for internal and external Stress Tests. The role will involve leading Credit Risk Stress Testing including the ICAAP and regulatory stress testing and the person will be responsible for ensuring that the CEP Credit Risk Profile is adequately captured, stressed, and challenged. It will also involve quantitatively challenging the output of Group-level risk models and assumptions, and ensuring that Stress Test and Economic Capital models are fit-for-purpose.
Experience and Skills
What we Offer
Exciting opportunity to lead within a fast paced global banking environment. As the lead on the approach to stress testing in the entity there is great autonomy and scope to influence key decisions around the measurement of risk in the portfolio. The role will give the candidate exposure to engage with senior management in risk, finance and the business ensuring all three are brought together in their understanding of the portfolio dynamics.
As well as a competitive salary and consideration for a yearly discretionary bonus Citi offer:
At Citi, we pride ourselves on our ability to offer employees a number of lifestyle benefits including an on-site restaurant, coffee dock and shop, a subsidised gym and subsidised social clubs and societies.
Citi boasts a large diversity framework and network which encourages inclusion in the workforce as well as participation in a wide variety of initiatives and events. We also pride ourselves on our engagement with the local community from a Corporate Social Responsibility perspective.
Citi offers employees a competitive benefits package as well as extra additional perks such as corporate discounts and memberships.
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer