Global Risk Management Expert

5 days ago


Singapore Citi Full time
Citi Job Overview
Citi is a leading global bank with a strong presence in Singapore, offering a wide range of financial products and services to individuals and institutions. As a Global Risk Management Expert, you will be part of our team responsible for managing credit risk across multiple products and geographies.

Estimated Salary: $120,000 - $180,000 per annum (dependent on experience)

Job Description:
The Credit Risk Senior Analyst is an intermediate-level position responsible for conducting stress tests and monitoring the portfolio to ascertain and evaluate the provision requirement from IFRS9 perspective in coordination with the Risk Management team. The overall objective of this role is to manage Citi's portfolio stress testing or IFRS9 provisioning process and monitoring of the relevant models used for stress testing.

Responsibilities:
- Contribute to the quarterly submissions for IFRS9 provisioning process, work with finance stakeholders to ensure timely submission of the provision numbers. Contribute to the quarterly/annually submissions for Stress Testing (CCAR/ICAAP/IWST) submission for loss forecasting.
- Manage stress test for the entire credit spectrum across multiple products (retail) and prepare risk management presentations for senior management
- Analyze model outputs and relate to portfolio and macroeconomic trends
- Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial and data analyses including profiling, sampling, reconciliation, and quality testing
- Participate in developing, testing, and optimizing statistical risk models, ensuring consistency and regulatory compliance for the purpose of loss forecasting and IFRS9 provisioning.
- Perform Model Validations as per Model Risk Management Guideline
- Manage IFRS9 provisioning for the entire credit spectrum across multiple products and prepare risk management presentations for senior management

Requirements:
- 3-6 years relevant experience
- Knowledge of consumer risk analytics
- Ability to apply credit and risk principles toward business goals
- Demonstrated ability to synthesize, prioritize and drive results with a sense of urgency
- Proven ability to remain organized in a fast-paced environment, managing multiple projects
- Proven interpersonal, organizational and analytic skills
- Ability to work under pressure, multi-task and prioritize to meet deadlines.
- Highly proficient in MS Office - (Excel, Word, PowerPoint)
- Proficiency in SAS is preferred

Education:
- Bachelor's/University degree or equivalent experience
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