Counterparty Credit Risk Portfolio Manager At Citi

Team / Role Overview
Counterparty Credit Risk team is a 2nd line of defense risk management function responsible for Counterparty Credit Risk Portfolio management, including portfolio analysis, portfolio risk oversight and governance, as well as counterparty portfolio stress testing across all regions. The team offers an opportunity to collaborate with key stakeholders in the firm including business and risk management to gain a broad perspective of firm's activities and acquire specialized state-of-art knowledge on counterparty risk analysis.
Counterparty Credit Risk Portfolio Manager is a senior-level position responsible for Counterparty Credit Risk management, in particular, managing counterparty stress testing as part of regulatory stress testing requirements as well as for business-as-usual risk management purposes .
What you'll do:

• Lead the efforts for the end-to-end process of counterparty stress testing for both business-as -usual and regulatory requirements.
• Lead the analysis for counterparty incremental default loss in a stressed scenario.
• Lead the effort to implement the changes to enable effective control, monitoring and risk management of counterparty stress losses.
• Establish cross-functional partnerships and networks to contribute to and execute cross-functional and business initiatives, such as developing/maintaining infrastructure through partnership with the Centralized Risk Infrastructure team.
• Conduct routine and ad-hoc risk and stress analysis to highlight key risks in the counterparty portfolio including but not limited to geo-political risks, exposure, concentration, liquidity, market/factor shock impacts, margin shortfall and collateral.
• Lead key business projects and the implementation of initiatives related counterparty stress testing
• Conduct gap analyses and remediation work of any misalignments between policy and actual implementation
• Provide regular feedback on all initiatives, tracking, reviews and reporting emerging trends and opportunities to senior management

What we'll need from you:

• Advance degree in mathematics, statistics, science, or engineering
• Strong knowledge of counterparty risk and counterparty stress testing
• Strong knowledge in counterparty risk models including stress loss models and potential future exposure models
• Working knowledge of Python, SQL, Tableau, and MS Office software proficiency required
• Consistently demonstrate clear and concise written and verbal communication
• Demonstrated ability to view data holistically and remain detail oriented to synthesize, prioritize and deliver results with urgency
• Demonstrated interpersonal, organizational, analytical, presentation, facilitation, negotiation and strategic skills
• Proven ability to obtain support and buy-in across a wide range of internal and external audiences

What we can offer you:
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Credit Decisions------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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