VP Loss Forecasting and Credit Reserves Officer - Hybrid

Hispanic Technology Executive Council
US - Delaware - Wilmington
November 2, 2024

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. 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 plan 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
Has the ability to operate with a limited level of direct supervision.
Acts as SME to senior stakeholders and /or other team members.
Appropriately assess risk when business decisions are made, demonstrating particular 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, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

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, internal stakeholders to help build consensus to address difficult and complex business needs.
Leadership Competencies expected
Has the 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, Citis 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:

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. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Read the full job description and apply online on the recuiter's web-site

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