Business Risk Senior Officer - SVP

This new role is part of Markets Model Risk and Control team supporting the Head of Markets Model Risk and Control in oversight and challenge of Markets compliance with Citi Model Risk Management Policies and Procedures. The role requires a combination of experience in model risk methodology, controls, and assurance along with a knowledge of Markets. As the primary point of contact in Markets for the annual Legal Entity (LE) model inventory review process, you will need to develop a robust process to establish and maintain LE model inventories in relation to Markets models. Additionally, you will be responsible for identifying Strategically Important (SI) Markets models on LE level and corresponding model user information. Facilitating LE model attestations from Markets senior managers, extending existing model performance tests to the LEs, and identifying changes to the LE model inventories and SI model populations during each annual refresh cycle are also key responsibilities. Furthermore, you will assist the Head of Markets Model Risk and Control with regulatory requests, drive standardized mechanisms and technology enhancements to evidence controls and supervision, ensure alignment with longer-term infrastructure initiatives, and manage deliverables in relation to model risk controls across multiple businesses, regions, and stakeholders. Coordinating model remediation activity across Markets with Second Line and Internal Audit colleagues is also part of the role. To qualify for this position, you should have a strong understanding of model risk management practices, controls, and risks. Excellent oral and written communication skills are essential, along with the ability to explain complex topics to and influence the actions of non-specialist stakeholders. Driving change to business practices, project management skills, and the ability to multitask and prioritize are necessary. An understanding of Markets businesses, functions, and controls is a plus, and knowledge of artificial intelligence techniques and associated risks would be beneficial. A Bachelors/University degree or equivalent experience is required, while a Masters degree is considered good to have. This is a full-time position in the Risk Management Job Family Group, specifically in the Business Risk & Control Job Family at Citi, an equal opportunity and affirmative action employer.,