Citigroup Looking For MRM System Strategy and Oversight Officer (VP) at Mumbai Full Time

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. The role requires experience in Risk management, SDLC, Waterfall, Iterative and Agile methodologies, and expertise in Project Management and Governance. Experience in building reporting frameworks using Tableau, QlikView, or similar tools and Bigdata solutions would be a big plus. Familiarity with FRB’s Supervisory Guidance on MRM SR 11-7 and 15-18. Experience in process reengineering, simplification, controls and UAT.

Responsibilities:

• The MRM System Strategy & Oversight (SSO) Lead will be responsible to:

• Enhance iMRMS, the Citi Model Risk Management System in line with Model Risk Management Policy and Procedures and overall Model Risk system strategy

• Collaborate with various stakeholders both within and outside Risk management to identify and define enhancements to iMRMS

• Author Business requirements, re-engineer processes and system solutions to drive simplification and automation

• 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

• Liaise with IT partners to build effective system solutions

• 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

• Manage a team of professionals in India

Qualifications:

• 10+ years’ of working experience

• 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 and database design

• Institutional knowledge/experience with Citi platforms/application is preferred

• Worked with either model development or mode validation in financial institutions

• Strong interpersonal skills and able to manage projects

• Good communication skills, work independently, pay attention to details with ability to synthesize, multi-tasking ability, and execution skills,

• Good at MS Excel for data analytics including VBA skills; MS PowerPoint for presentation slides; MS Word for business documentation; MS Visio for process flows and swim lane diagrams; MS Project for managing assigned iMRMS projects

• 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:

• Master Degree in finance, mathematics, computer science or related

Job Family Group:

Risk Management

Job Family:

Risk Analytics, Modeling, and Validation

Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries (“Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the “EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) ” poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.