Responsibilities
:
1. Support the function head on the execution of QARs across counterparty risk activities in the 1st line of defence
2. Provide effective credible challenge during QARs to areas under review, as regards to process design and execution to ensure that weaknesses in such processes are identified and escalated as appropriate
3. Support in the establishment of processes that enable counterparty credit risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank's risk appetite and all policies and processes established within the riskernance framework
4. Under the supervision of the ICM In-Business QA, Function Head - Counterparty Credit Risk Horizontal Processes, support on the executing of the following aspects of QARs: Research Test design and planning Execution Negotiation of concerns with stakeholders Report write-ups
5. Support In-Business QA function in the establishment of In-Business QA policies, procedures, risk assessment and controls to drive effective QA coverage and standards
6. Support ICM In-Business QA, Function Head - Counterparty Credit Risk Horizontal Processes to stay abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
7. Travel (less than 10%)
Knowledge/Experience:
Audit / Credit / Counterparty Credit / Quality Assurance:
8. Demonstrate audit/quality assurance experience with 5+ years of experience at an investment or largemercial bank
9. Experience of running end to end controls based internal audit/quality assurance reviews including research, test design, planning, detailed testing and reporting, including negotiating issues with stakeholders
10. Solid understanding of risk management and control frameworks related to Counterparty Credit Risk management and/or another Financial Risk disciplines
11. Ability to understandplex counterparty credit product structures including derivatives and well-versed in securitisation and credit financing products as well as credit analysis, underwriting, legal documentation etc. Financing and funding solutions including TRS, CLOs, ABS, Municipal financing / Residential Financing and securitisation, Prime and Hedge fund financing etc.
12. Insights over key counterparty credit risk themes such as stress testing, early warning indicators, wrong way risk, exposure modelling including PFE, collateral (knowledge of ISDA / CSA protocols andplexities) and margining processes including key regulations (uncleared margin rules and IMM) and CVA.
13. High awareness and adherence to the Citi control environment
Leadership
14. Strategic orientation to ensure the ICM organization continues to be positioned as a thoughtful and proactive partner on driving best practices to support safety and soundness within ICM and Citi
15. Assists colleagues in identifying stretch opportunities to elevate individual and team performance and recognizes individuals based on performance
16. Coach, mentor and lead team members to develop team strengths and build bench strength
17. Proven culture carrier
18. Strong organizational skills with ability and willingness to work under pressure
19. Manages time and priorities effectively with little supervision
20. Developed interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
21. Ability tomunicate clearly and concisely to audiences of varying levels of seniority in both verbal and written form
Technical:
22. Intermediate Microsoft Office (Word, Excel, and PowerPoint) skills
Qualifications:
23. BA/BSc or higher degree in Business (MBA), or any other related subject
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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Job ID 24740568