Description:The Credit and Operational Risk Analytics (CORA) group within Citi is looking to add an AVP (C12) Risk Rating Processes. This individual contributor AVP position is on the Credit and Obligor Risk Analytics team responsible for approvals of Risk Rating Processes for Classifiably Managed Portfolios, which account for over $900 billion in exposure. This highly visible role requires strong knowledge of corporate finance, credit risk and outstanding written and verbal communication skills.Responsibilities:

• Approval of Risk Rating Processes submitted by classifiable managed (wholesale) businesses across Citi. This position requires strong ability to summarize approval in formal memos and anticipate and implement changes to the contents and/or structures of the memos as a function of an evolving regulatory environment and / or risk policy changes.
• Evaluate internal and external practices, including rating agency write-ups, Basel and local regulatory requirements, industry analysis, and internal research, to ensure Citi is using the "best practice" processes that adhere to regulatory requirements.
• Review and approve rating methodologies for low data and/or low default portfolios by following the relevant governing policies and standards.

• Evaluate "judgmental" risk ratings to determine if the underlying process is acceptable.

• Actively participate in other team projects, including Probability of Default and other model development, Basel Parameter Updates (e.g. PD, LGD, EAD), as well as Basel and policy issues.
• Interact with Sr. Risk Managers (e.g. scorecard sponsors and owners) across sectors for the processes and classifiable managed portfolios.

• Prepare analyses and narratives related to ad-hoc special projects from Senior Risk Management.

Qualifications:

• Masters or PhD in a quantitative or qualitative discipline.
• One or more years experience in Credit Risk Analytics or Credit Risk Management a plus.
• CFA or FRM a plus.
• Strong knowledge of corporate finance and accounting.
• Strong understanding of public agency ratings and process.
• Excellent communication skills, both written and verbal.
• Proficiency in SAS programming
• Ability to work well with Risk, model developers and Portfolio Managers critical.
• Experience as a credit analyst and in writing Credit Approval Memos (CAs) a plus.
• Rating Agency experience a plus.
• Background in Credit Risk Modeling a plus.

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Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - US

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Time Type :Full time

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

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