Market Risk Senior Officer I

Leading in the development, implementation and management of model governance frameworks that includes Working Groups, for the review of model performance and model changes, etc.. The creation and establishment of approaches for the review of assumptions, limitations and weaknesses (ALW) in the implementation of regulation like FRTB SA and FRTB IMA. This role is for a dynamic self-starter that is keen to become an integral part and to fully engage in the design, creation, maintenance, implementation and running of market risk model governance framework in collaboration with other stakeholders at Citi, including Market Risk Managers, Model Risk Management, Market Risk Analytics, Finance etc. Project and change management skills are essential to underpin the organisation and coordination in relevant change programmes across businesses and regions, in which Citi operates. What you'll do Responsibilities include supporting and management of multi-functional interaction for deliverables: With relevant Citi stakeholders like Model Risk Management, Market Risk Managers, Market Risk Analytics etc., as well, as outside experts for the design of a target state market risk model governance, compliant with relevant Regulatory requirements and, in particular, 'Use Test' requirements. Main focus is governance and oversight for: + model performance and coverage review, as well as + changes to models or new models with potential relevance to Regulatory notification. With Control and Internal Audit stakeholders to support ensuring credible challenge throughout the remediation process and validation of results in line with Citi's Internal Audit requirements. To create / coordinate updates and notifications to Management and Senior Citi Risk forums but also to Citi Regulators. Detailed internal risk model governance and regulatory management expertise, including FRTB SA and FRTB IMA, gained in Market Risk Management, Model Risk Management or product valuation specialisation or in regulatory market risk capital reporting, with First Line and/or Second Line experience or in an associated consulting role, risk model governance and quantitative risk exposure. In depth knowledge and understanding of relevant regulatory rulebooks, as they pertain to market risk, market risk models, e.g. current Basel IMA rulebook and upcoming FRTB SA and FRTB IMA. Excellent oral and written communications skills; must be clear and articulate communicator. Ability to underpin change to business practices by working effectively across a global organisation. Self-starting and able to multitask and to prioritise. Change and project management capabilities are essential. An academic background in a technical discipline will greatly facilitate the role's effectiveness in interactions with First Line and Second Line technical experts providing them with the support they need in their personal and professional journeys and supplying them with the tools to help educate colleagues on all things related to each network to help us work better together. On-site health services Private medical insurance packages to suit your personal circumstances Paid parental leave Generous holiday allowance starting at 27 Days plus bank holidays; increasing with tenure