AVP, Wealth Lending In-Business Risk Stress Testing, Credit Portfolio Sr. Analyst

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Citi Wealth brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices. The strategies we create help our clients maintain liquidity while maximizing yields, transact in foreign currency and across borders, and manage fluctuating expenses or cash flow. We are uniquely suited to helping our clients meet their banking needs across regions through our global network.

We're currently looking for a high caliber professional to join our team as AVP, Wealth Lending In-Business Risk Stress Testing, Credit Portfolio Sr. Analyst (Internal Job Title: Credit Portfolio Sr Analyst - C12) based in Hong Kong. Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That's why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

• We empower our employees to manage their financial well-being and help them plan for the future.

• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

In this role, you're expected to

The Credit Portfolio Senior Analyst is an intermediate-level position responsible for supporting regulatory stress testing exercises, loan loss reserve forecasting, and credit cost planning and outlook activities for the Wealth Lending Credit Risk portfolio. The role also provides model risk management oversight for loan loss forecasting models used in stress testing and reserve estimation processes.

Responsibilities:

• Perform regular monitoring & validation on the performance of the Wealth Lending loss forecasting models (CCAR/ICAAP/SDST/IFRS9/CECL usages).

• Support Model development/validation/ annual renewal / On-going performance monitoring Projects and address model limitations.

• Support regular stress test exercises (CCAR, ICAAP, SDST), Loan loss reserve calculation, and Budget planning for Credit Cost Projection.

• Produces analytics and reporting used to address model limitations.

• Maintain compliance with Citibank model risk policies/procedures, regulatory policies and prepare, update, and ensure approval of all internal policy and procedure changes, keeping proper change and approval logs.

• 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.