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Citibank, N.A. seeks a Risk Policy Senior Officer I for its Long Island City, NY location.

Duties: Lead in the development, execution, review, and challenge of Comprehensive Capital Analysis and Review (CCAR) models and forecast outputs within Citigroup stress tests. Take ownership of project management responsibilities to ensure that action is taken on Independent Risk Model Oversight (IRMO) and Independent Risk Oversight Council (IROC) follow-up items resulting from Review and Challenge. Establish and communicate analysis and documentation requirements for benchmarking and overlays. Guide model sponsors in the completion of documentation requirements. Provide direction to model sponsors for completing robust Model Risk Management (MRM) templates and addressing MRM and IRMO feedback required for successful validation of models. Work with Senior Business Risk Officers to identify material risks and key business assumptions. Develop methodologies and documentation for sensitivity analysis for key risks/assumptions within stress tests. Remote work may be permitted within a commutable distance from the worksite, in accordance with Citi policy.

Requirements: Bachelor’s degree, or foreign equivalent, in Business Administration, Financial Risk Management, or a related field, and ten (10) years of experience in the job offered or in a related occupation. Ten (10) years of experience must include: Applying specific knowledge of a large bank’s CCAR/Capital Adequacy Stress Testing requirements including bank regulators’ guidance (such as FRB, OCC, and other regulators’ requirements) on PD, LGD, EAD forecast models’ development, validation, and use; Reviewing risks of consumer unsecured and secured lending products and associated policies, governance and control processes and credit loss estimation approaches; Performance monitoring of loss forecasting models used in stress testing with responsibility for review and challenge of the models, and back-testing results for secured and unsecured consumer lending products; Interacting with senior risk management executives to analyze various risks and applying risk management practices in the recognition, measurement, monitoring, and forecasting of consumer credit losses for consumer loan portfolios (i.e., credit cards, personal loans, and mortgages); Enterprise Risk Management to identify portfolio risks, risk concentrations, risks not stressed in the models or scenarios, and limitations to forecasts; Development, preparation, completion, and ongoing maintenance of various documents including retail methodology and process documents, control framework, and regulatory presentations; Ensuring efficient and effective governance by supporting the administrative and information requirements for the senior level risk committees and model oversight teams; and Statistical data analysis and sensitivity testing skills to analyze model performance and understand the impact of key macroeconomic variables (such as GDP, UR, HPI, CDSR) on the model loss estimate. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/ . Please reference Job ID #24727868. EO Employer.

Wage Range: $188,133.87 – $223,457.54

Job Family Group: Risk Management

Job Family: Risk Policy

Job Family Group:

Job Family:

Time Type:

Full time

Primary Location:

Long Island City New York United States

Primary Location Full Time Salary Range:

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. Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date:

May 05, 2025

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.

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.