JacksonvilleFLRecruiter Since 2001
the smart solution for Jacksonville jobs

ICG Risk & Controls - Model Risk, Vice President (Hybrid)

Company: Citi
Location: Jacksonville
Posted on: May 26, 2023

Job Description:

Overview: This new role is part of ICG Model Risk and Control team supporting the oversight of Risk & controls framework, risk-assessment, and challenge of the ICG compliance with the Citi Control policy and associated Standards.The role will combine experience in risk methodology, controls, and assurance with a knowledge of the ICG to ensure the identified control issues and associated remediations across ICG are remediated with the highest levels of discipline. Responsibilities:

  • Provide centralized support to ICG businesses in the execution of the semi-annual ICG model inventory attestation
  • Support the design and enhancement of the QA framework for ICG model attestation, including establishing guidelines/best practice
  • Implement QA on ICG's model attestation, e.g. validation of model sponsor and model usage status, review & challenge the potential new model identification process
  • Monitor key risk indicators, including analyzing metrics and partnering with stakeholders to resolve model risk issues
  • Assist in developing control monitoring tools on areas of emerging model risk
  • Monitor model risk controls on all models used by ICG
  • Facilitate and provide centralized support to ICG businesses in the execution of the Fair Lending model review
    • Work with Second Line and Internal Audit colleagues to coordinate ICG remediation actions related to model risk issues
    • Appropriately assess risk, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing, and reporting control issues with transparency. Qualifications & skills:
      • Strong understanding of risk and control framework constructs.
      • Understanding of model risk management practices would be an advantage
      • Advanced data analysis skills and the ability to slice and dice data
      • Excellent oral and written communications skills; the ability to explain complex topics to and influence the actions of non-specialist stakeholders
      • Ability to drive change to business practices by working effectively across a global organisation
      • Self-starting with the ability to multitask and prioritize
      • Project and change management skills
      • Ability to analyse processes and recommend ways to improve quality, controls, and efficiency
      • Understanding of ICG businesses, functions and controls is a plus
      • Effective analytical thinking, critical reasoning, and problem-resolution skills.
      • Bachelor's Degree Required or equivalent experience - Job Family Group: Risk Management - Job Family:Business Risk & Controls Time Type: Full time Primary Location: Jacksonville Florida United States Primary Location Salary Range: $100,430.00 - $150,650.00 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 .View the " EEO is the Law " poster. View the EEO is the Law Supplement .View the EEO Policy Statement .View the Pay Transparency Posting

Keywords: Citi, Jacksonville , ICG Risk & Controls - Model Risk, Vice President (Hybrid), Executive , Jacksonville, Florida

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Florida jobs by following @recnetFL on Twitter!

Jacksonville RSS job feeds