Wholesale Credit Stress Testing Lead Analyst - VP

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Job Overview

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills and experience of statistical modelling concepts and excellent quantitative and analytic skills to Citi’s Portfolio Management Group (PMG).

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

The Portfolio Credit Risk Management role 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 for the First Line of Defense (1LOD). For the Second Line of Defense (2LOD), the role involves providing effective oversight and periodic review and challenge of 1LOD portfolio management processes and outcomes.

Individuals in this role ensure credit risk is managed effectively across all portfolios, protecting the company's financial stability and reputation while supporting the overall business strategy.

What you’ll do:

• Execute periodic stress testing exercises to monitor WCR’s risk appetite and identify vulnerable areas.

• Provide analytics support to explain the stress test outcome for wholesale lending products.

• Partner with business units and risk managers to assess data availability and fit for purpose modeling approaches.

• 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.

• Research on 3rd party data, loss history and alternative models to build inventory of benchmarks.

• Develop deep expertise in stress testing methodologies and validate fit for purpose usage in BAU stress testing management.

• Contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements.

• Create a new scenario design capability leveraging existing models & data to translate emerging risk to economic scenarios, model inputs or portfolio shocks.

• Perform quarterly gap assessment between scenario coverage and material risk inventory.

• Build tools & analytical capabilities to support outcome analysis, loss forecasting reports and what if analysis using Python or Tableau

• Works with large datasets and complex algorithms to derive analytical insights, identify data quality issues and support trend analysis.

• Leverages big data to develop innovative deployable solutions.

What we’ll need from you:

• 5+ years’ experience working in financial institutions.

• Sound knowledge of statistical modelling concepts and industry best practices; experience with econometric and statistical modelling or application risk scoring.

• 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 (e.g. Tableau, Python)

• Proficient with MS Office suite.

• Past experience working on stress testing, model analytics, benchmarking and review & challenge function.

• Knowledge on scenario design, sensitivity shocks and risk identification process

• Good interpretations skills to convey complex quantitative methodology in simple terms.

• Bachelor’s/University degree or equivalent experience, potentially master’s degree.

What we can offer you :

By joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (currently up to 2 days working at home per week), but also (potentially, subject to final offer) receive a competitive base salary and enjoy a whole host of additional benefits which can include:

• Employer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program)

• Employer paid Private Medical Care Package for employees and Private Medical Care Packages for certain family members available at preferential rates

• Employer paid Life Insurance Program for employees and Life Insurance for certain family members available at preferential rates

• Employee Assistance Program financed by Employer

• Paid Parental Leave Program (maternity and paternity leave; statutory and 2 weeks additional paid paternity leave)

• Sport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates

• Additional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events.

• Additional day off for volunteering

• Cafeteria/ flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform.

• Opportunity to receive an annual discretionary incentive award

• Special offers and discounts for employees.

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.