Citi Market Risk Reporting Analyst 4 (Buffalo, NY) in Buffalo, New York
Primary Location: United States,New York,Buffalo
Education: Bachelor's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 17035878
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Proposition at http://www.citigroup.com/citi/about/mission-and-value-proposition.html explains what we do and Citi Leadership Standards at http://www.citigroup.com/citi/about/leadership-standards.html explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
The Trading Risk Management Reporting Specialist will be focused on reporting and improving the Corporate Stress Testing, Risk Capital and CCAR/DFAST Stress Testing performed as part of the CCAR capital planning and review process, which is designed to test each firm's internal analysis of their capital adequacy. The role also includes review of additional risk measures. The primary responsibility of this position will be to support the production and enhancement of the corporate stress testing and CCAR/DFAST reporting performed on the Trading book. The role requires a solid understanding of market risk concepts, strong communications and organizational skills, and ability to collaborate and work well in teams.
Interface with Risk CAO, Risk Managers, Business Managers, Model Owners, Finance and Corporate counterparts to ensure robust execution and compliance with all requirements; identifying and following up on emerging methodological or process issues.
Partner with Risk Systems and Technology to design strategies, automated solutions and ensure complete, correct and timely reporting.
Create strategic efficiencies related to CCAR and Corporate stress testing and analysis.
Develop expertise in usage of various internal system and databases
Engage with Regulators to explain results, analysis and high-level methodologies employed for stress testing.
Identify potential process improvements and capabilities to increase consistency, transparency, and reliability of stress testing results.
Build relationships with key internal and external stakeholders.
Provide ad-hoc support and analysis.
Oversee the implementation of key controls and maintenance of associated process documentation.
The position requires specific industry knowledge and experience related to Trading and Market Risk. The core strengths required for this position include but are not limited to:
4 years or more of prior relevant working experience
Organized, clear thinker, with entrepreneurial spirit and ability to design, optimize, prioritize, and execute complex and dynamic processes in a financial institution. Demonstrated ability for problem solving and attention to detail.
Excellent written and verbal communication skills including the ability to interact with senior management and summarize and present data from insightful and actionable perspectives. Ability to facilitate discussions and conduct group meetings.
Solid understanding of the Trading and Market Risk function and processes - including but not limited to the following areas in product knowledge, systems and reporting:
equity, private equity, issuer exposure, auction rate securities, traded loans, commodities credit products, interest rates, foreign exchange, credit value adjustment hedge securitized products, agency lending
Familiarity with risk measurement and accounting methodologies (e.g. stress testing, economic capital, BASEL II/III, FAS5, FAS114, FAS159, VaR) a plus.
Demonstrated ability to interact and work effectively with diverse teams. Ability to lead projects with multiple counterparts across organizations.
Autonomous and highly motivated with the ability to multi-task productively and to work independently as well as collaboratively.
Solid analytical skills (Bachelors in a concentration with analytic focus, e.g. business, finance, economics, management information systems, etc.), Masters degree or MBA a plus.
Strong technical skills including at a minimum proficiency in Excel, Word, Powerpoint and ability to learn how to use new applications quickly
Ability to work under pressure will be critical.