Job Description

Model Risk Management (MRM) is part of the Global Risk Management of Citi and is responsible for Independent Oversight of models across the firm. Citi is seeking a Vice President to join the System Strategy and Oversight Team within Model Risk Management - Inventory & Initiative Management Group. The role requires experience in Risk management, SDLC, Waterfall, Iterative and Agile methodologies, and expertise in Project Management and Governance. Experience in process reengineering, business architecture, simplification, controls and UAT. Experience in developing solutions driving automation of Gen AI/ modeling tools or building reporting frameworks would be a big plus. Familiarity with FRB's Supervisory Guidance on MRM SR 11-7 and 15-18.
The MRM System Strategy & Oversight (SSO) Lead will be responsible to:
Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You'll also have the chance to give back and make a positive impact where we live and work through volunteerism.
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Citi's Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.
We're currently looking for a high caliber professional to join our team as Vice President, Product Management Lead Analyst - Hybrid (Internal Job Title: Product Mgmt Lead Analyst - C13) based in Mumbai, India. 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:

• Drive reengineering of MRMS, the Citi Model Risk Management System in line with Model Risk Management Policy and Procedures and overall Model Risk system strategy
• Translate policies, procedures and guidelines into process maps and concrete tasks, identify dependencies, decision points, actors, opportunities for streamlining, etc. and build system solutions to support
• Collaborate with various stakeholders both within and outside Risk management to identify, streamline, simplify and implement model life cycle processes in MRMS
• Author Business requirements, re-engineer processes and system solutions to drive simplification and automation
• Liaise with IT partners to build effective system solutions
• Partner with validation and development groups to drive integration of metrics and documentation digitization, Gen AI POC's with MRMS target state
• Review Functional specifications, system design and architecture
• Governance of IT projects through sound Project management enabling successful delivery of projects on time within budget
• Build reporting infrastructure and capabilities to support effective model risk management capabilities for users across the firm
• Ensure quality through preventive system controls and guide IT QA team
• Ensure system readiness through User Acceptance testing and User training

As a successful candidate, you'd ideally have the following skills and exposure:

• 12+ years' of working experience with 5+ years in product development or equivalent role
• Professional: Familiarity with O&T developing cycle as well as with model risk management or similar
• Experiences in supporting cross functional projects with project management, technology on system enhancements
• Knowledge/experience with process design, database design and high proficiency in SQL
• Institutional knowledge/experience with Citi platforms/application is preferred
• Worked with either model development or model validation in financial institutions
• Strong interpersonal skills and able to manage projects
• Experience in Python, R, other programming languages to implement POC's
• Good communication skills, work independently, pay attention to details with ability to synthesize, multi-task, and execute
• Experience with data quality and data analysis is preferred
• Expert level knowledge at MS Excel for data analytics including VBA skills; MS PowerPoint for executive presentations; MS Word for business documentation; MS Visio for process flows and swim lane
• Proficiency in Jira administration for product backlog management, in Confluence for documentation of the product functionalities
• Understanding of web based applications, data marts and big data
• Problem solver mindset, hands-on, quick learner and high analytical skills
• Project Management skills: keep projects on track, within budget and in adherence to scope
• Collaboration skills: works as a team player, seeking to engage with others to achieve results
• Practical decision maker focused on execution: Ability to recognize what the end-state should be, but to execute smaller steps in order to materialize results quickly
• Thrive in uncertainty and ability to handle multiple projects concurrently
• Ability to work with remote teams and in different time zones
• Control and Governance mindset: documenting and filing artifacts, identifying control gaps, etc.

Education:

• Bachelor's degree in finance, mathematics, computer science or related. Master's Degree required.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei
Job Family Group: Product Management and Development
Job Family: Product Management
Time Type: Full time
Most Relevant Skills Please see the requirements listed above.
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.
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