VP Loss Forecasting and Credit Reserves Officer - Hybrid

The Credit Portfolio Officer is a senior-level position responsible for leading activities in credit loss forecasting using portfolio analytics, monitoring the portfolio performance in coordination with the Risk Management team.

The individual will work within the loss forecast team in GCB Risk Management. The Loss Forecasting group is specifically tasked with calculating and managing the net credit loss forecast on a $80+BN portfolio and working with the CECL and Finance teams to build forecasts for adequate coverage plans for the future.

The group collaborates with Risk Policy, Global Policy, Finance, and Model Risk.

Responsibilities :

• Manage and maintain financial / loss models used to build the various subcomponents of loss forecast.
• Evaluate loss forecast model methodologies, monitor portfolio performance metrics, and synthesize analysis for presentation to management.
• Work closely with Governance and Model Risk Management to ensure adherence to all policy requirements.
• Create, review, and share critical business decks for leadership and global policy.
• Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial, and data analyses including profiling, sampling, forecasting, and due diligence.
• Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and / or opportunity.
• Operate with a limited level of direct supervision.
• Act as SME to senior stakeholders and / or other team members.
• Assess risk when business decisions are made, demonstrating 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, and applying sound ethical judgment regarding personal behavior, conduct, and business practices.

Qualifications :

• Bachelor's degree required in Mathematics, Engineering, Statistics, Economics, Physics, or a relative quantitative discipline (Master's degree, MBA, or CPA preferred, or equivalent experience).
• 6+ years of experience in credit card risk management or equivalent preferably in the financial services industry, with a preference for work in forecasting, accounting, or credit risk management.
• Ability to develop and perform Financial and Risk analysis that addresses concerns and issues, and ability to present them to management and external auditors with a clear and concise approach.
• Advanced usage of Excel, SAS / SQL required (2+ years), proficiency in PowerPoint, Word required, Oracle Hyperion tools (essbase, smartview), Tableau preferred.
• Ability to work with senior managers and internal stakeholders to help build consensus to address difficult and complex business needs.
• Leadership competencies expected.
• Ability to operate with a limited level of direct supervision.
• Proven ability to remain organized in a fast-paced environment.
• Demonstrated interpersonal, organizational, and analytic skills.

Education :

• Bachelor's degree required in Mathematics, Engineering, Statistics, Economics, Physics, or a relative quantitative discipline (Master's degree, MBA, or CPA preferred, or equivalent experience).
• Master's degree preferred.

Job Family Group : Risk Management

Job Family : Regulatory Risk

Time Type : Full time

Primary Location : Wilmington, Delaware, United States

Primary Location Full Time Salary Range : $125,760.00 - $188,640.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Citi offers competitive employee benefits, including : medical, dental & vision coverage; 401(k); life, accident, and disability insurance;

and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

For additional information regarding Citi employee benefits, please visit citibenefits.com.

Anticipated Posting Close Date : Oct 09, 2024

Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi ) invite all qualified interested applicants to apply for career opportunities.

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Remote working / work at home options are available for this role.