Operational Risk Manager (VP) - Scenario Analysis Irving TX

    Citigroup Inc.
    Irving, TX 75014
    Full-time, Part-time
    Similar jobs pay $12.92 - $21.28
    Refer friends, get paid!

    Job Description

    Job Description

    Operational Risk Management (ORM) is an organization within Citi's Independent Risk Management organization. ORM's mission is to drive comprehensive and consistent practices designed to identify, measure, monitor, report and manage operational risks while promoting the implementation of actions to address root causes which may lead to unintended operational risk losses. ORM drives Citi's understanding, anticipation and management of operational risk, so we can stay ahead of barriers to progress and keep Citi moving forward safely.

    The position is in the Operational Risk Management Scenario Analysis Central team within ORM's Measurement Framework and Tools group. Scenario analysis is a program that brings together subject matter experts to consider the operational risk loss events that could potentially happen, and estimate their potential size and likelihood, for the purpose of risk management and risk quantification. The global scenario analysis program drives Citi's Businesses to identify and quantify their material, plausible, high severity, low probability forward looking operational risks. Scenario Analysis plays a key role in important Citi-wide initiatives such as CCAR, Risk Appetite and Risk Capital.


    This role will is critical to the management, execution and development of the program and includes the following responsibilities:
    • Proactively organize and engage globally with Operational Risk Management staff and In-Business Risk Managers to ensure that the requirements of the program are fulfilled
    • Monitor the performance of the program and resolve or escalate issues, ensuring that any exceptions are identified as needed
    • Participate in scenario analysis working group meetings.
    • Review and report on the status of the program to senior management
    • Propose and help implement improvements to the program that help Citi better and more efficiently capture and understand these forward-looking risks

    This role requires the ability to influence and effectively communicate within Risk Management and with the First Line Businesses. It also requires strong project management skills to manage the program and identify issues early. The role also requires the analytical ability and creativity to assess the performance of the program and identify opportunities to improve the outcomes. A successful candidate, in addition to the skills above, will have the potential to develop and learn the domain-specific knowledge on the job.
    • Bachelor's degree required with quantitative coursework such as economics, mathematics, statistics, or sciences/engineering
    • 3+ years of work experience involving team work and cross-functional influence
    • Project management experience, including strong organizational and planning skills
    • Financial services experience, including knowledge of financial services products
    • Must be able to effectively communicate, orally and in writing, across large organizations
    • Excellent general computer skills including MS Office


    Job Family Group:

    Risk Management


    Job Family:

    Operational Risk


    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.

    View the "EEO is the Law" poster. View the EEO is the Law Supplement.

    View the EEO Policy Statement.

    View the Pay Transparency Posting

    Posting ID: 611341102Posted: 2021-03-09Job Title: Operational Risk Manager