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.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as Director, Global Default Repository System - Hybrid based in Taguig. 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.

The Director/Head of the Global Default Repository System (GDRS) - C15 will be responsible for supporting the collection of historical default events and loss information for Citi's wholesale portfolios. This includes evaluating and recommending data collection strategies and approaches for assessing the quality of the information required for building and supporting credit and climate risk models for regulatory and business requirements globally.

In this role, you’re expected to:

• Develop and support the framework to collect critical data on default events and loss information based on best industry practices and business and regulatory guidance.
• Support the GDRS data and data quality processes used for model development.
• Provide guidance and support to GDRS users.
• Take a leading role in ensuring that the GDRS process can support credit loss estimation (CCAR, ICAAP, Stress Testing) and regulatory parameter estimation for Basel RWA.
• Communicate key aspects of historical credit loss data to various stakeholders, including senior management, auditors, and regulators.
• Engage on a regular basis with approval and governance functions as well as users of the credit risk models.
• Engage with the Model Risk Management to ensure that data capture and data quality assurance processes are well understood and properly documented.
• Work with other Risk Management Teams as well as 1LOD and 2LOD.
• Collaborate with 1LOD and 2LOD as needed for application of climate models to their needs and requirements.

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

• Deep understanding of credit practices and quantitative methods for performing data quality assurance used in the field.
• 10 years of experience in credit data collection and processing, or equivalent quantitative experience.
• Ability to manage a team that performs credit risk data capture and processing and attract talent in fast and growing environment.
• Excellent verbal and written communication skills, ideally with published technical documentation/whitepapers/academic publications, or equivalent and relevant practical experience.
• Experience working with relational database management systems (RDBMS).
• Solid understanding of statistical process control.

Education

Advanced degree in a quantitative field such as Economics, Finance, Science, or Engineering.

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

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Job Family Group:

Risk Management

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Job Family:

Risk Analytics, Modeling, and Validation

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Data Analysis, Escalation Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Statistics.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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