The VP, Climate Risk and Portfolio Management Analyst will be aligned with the mortgage risk group with a focus on climate risk data analysis. This role will be instrumental in establishing the Portfolio Risk Appetite Framework including Climate Risk Appetite and quantifying the peril exposures for the US mortgage portfolio. Responsibilities: <ul> <li>Develop framework for climate/catastrophe risk through quantification of the company's exposure to climate risk including property portfolio aggregations, data quality, stress testing, heat maps, and impact analysis. </li><li>Developing cutting-edge analytics that drive returns optimization and portfolio growth </li><li>Establishing and driving process rigor for risk appetite / Credit Risk analytics </li><li>Ensuring the appropriateness of top-down model results for the US Mortgage portfolios </li><li>Integrating quantitative and qualitative standards to fast-track problem solving and innovation </li><li>Utilize SAS and/or SQL to source data from across the firm and externally; interprets data to evaluate the accuracy and relevance for use in climate risk stress testing and impact models. </li><li>Conduct in-depth analysis and interpretation of third-party catastrophe models. </li><li>Establish and leverage cross-functional partnerships and network with key internal and external parties to meet climate risk policy initiatives. </li><li>Serves as a subject matter expert for physical climate risk data and analytics. </li><li>Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity. </li><li>Appropriately assess risk when business decisions are made, demonstrating particular 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. </li></ul>Desired Qualifications/Experience/Certification/Education <ul><li>Bachelor's degree in business, finance, insurance, actuarial science, mathematics, related field, or commensurate experience. </li><li>6-10 years of insurance/reinsurance experience, preferably in reinsurance, underwriting, claims, actuarial, or risk management functions. </li><li>5+ years of climate/catastrophe analysis experience including strong quantitative background with knowledge of prevailing climate risk scenarios. </li><li>5+ years of data analysis experience, including collecting and analyzing data, identifying trends, and recommending solutions. </li></ul> <ul><li>Effective presentation skills and able to deliver messages in a clear, compelling, and concise manner. </li><li>Strong organization skills including the ability to prioritize and handle multiple tasks while meeting schedules and deadlines. </li></ul> Job Family Group: Risk Management Job Family: Credit & Portfolio Risk Management Time Type: Full time Primary Location: Wilmington Delaware United States Primary Location Full Time Salary Range: $114,720.00 - $172,080.00 In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. Anticipated Posting Close Date: Nov 08, 2024 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

The VP, Climate Risk and Portfolio Management Analyst will be aligned with the mortgage risk group with a focus on climate risk data analysis. This role will be instrumental in establishing the Portfolio Risk Appetite Framework including Climate Risk Appetite and quantifying the peril exposures for the US mortgage portfolio.
Responsibilities:
Develop framework for climate/catastrophe risk through quantification of the company's exposure to climate risk including property portfolio aggregations, data quality, stress testing, heat maps, and impact analysis.
Developing cutting-edge analytics that drive returns optimization and portfolio growth.
Establishing and driving process rigor for risk appetite / Credit Risk analytics.
Ensuring the appropriateness of top-down model results for the US Mortgage portfolios.
Integrating quantitative and qualitative standards to fast-track problem solving and innovation.
Utilize SAS and/or SQL to source data from across the firm and externally; interprets data to evaluate the accuracy and relevance for use in climate risk stress testing and impact models.
Conduct in-depth analysis and interpretation of third-party catastrophe models.
Establish and leverage cross-functional partnerships and network with key internal and external parties to meet climate risk policy initiatives.
Serves as a subject matter expert for physical climate risk data and analytics.
Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity.
Appropriately assess risk when business decisions are made, demonstrating particular 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Desired Qualifications/Experience/Certification/Education:
Bachelor’s degree in business, finance, insurance, actuarial science, mathematics, related field, or commensurate experience.
6-10 years of insurance/reinsurance experience, preferably in reinsurance, underwriting, claims, actuarial, or risk management functions.
5+ years of climate/catastrophe analysis experience including strong quantitative background with knowledge of prevailing climate risk scenarios.
5+ years of data analysis experience, including collecting and analyzing data, identifying trends, and recommending solutions.
Effective presentation skills and able to deliver messages in a clear, compelling, and concise manner.
Strong organization skills including the ability to prioritize and handle multiple tasks while meeting schedules and deadlines.
Job Family Group: Risk Management
Job Family: Credit & Portfolio Risk Management
Time Type: Full time
Primary Location: Wilmington Delaware United States
Primary Location Full Time Salary Range: $114,720.00 - $172,080.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date: Nov 08, 2024
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 .

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Position Summary As a Model Governance Risk Analyst (MGRA) II, your primary responsibility will be managing and reporting on the Bank's model inventory in support of the institution's maturing Model Risk Management program. In this position, you will cultivate positive working relationships with model owners and developers to proactively identify and mitigate risks, identify opportunities and develop solutions to enhance the Model Risk Program, and create timely and insightful reporting for Senior Management and the Board of Directors. This position provides you with an opportunity to develop in a growing financial institution and shape the Model Risk Management program. <h5>Duties & Responsibilities </h5><ul> <li>Lead the management of the Company's Model Risk Management (MRM) inventory of models and non-models, including to ensure completeness and accuracy of the model inventory, required actions are completed timely, and compliance with the MRM Policy and Program </li><li>Maintain the MRM module within the Company's Archer GRC platform </li></ul> <ul><li>Be well-versed in the Company's universe of models, including how the models are used, who owns them, their assumptions and limitations, and what deficiencies exist and how they are mitigated </li><li>Manage the inventory of MRM Program metrics as well as model specific metrics, reporting on Program and model performance periodically </li></ul> <ul><li>Be the subject matter expert for model owners on FRB and FDIC guidance and keep abreast of industry best practices for Model Risk Management </li><li>Oversee the monitoring of model validation identified Findings through resolution(s), and sufficient and timely reporting to management as required </li></ul> <ul><li>Leverage disparate data sources to develop insightful and thought-provoking quarterly reporting for management, management oversight committees, and the Board of Directors </li><li>Organize MRM Working Group meetings, including agendas, materials, and coordination with guest presenters </li><li>Present quarterly updates to the MRM Working Group </li></ul> <ul><li>Assist with the development and administration of Model Risk Management Policy, Program, and procedures as well as Model Risk training and education initiatives </li><li>Transform the Company's Non-Model/EUC Program to be consistent with regulatory expectations and industry best practices </li><li>Lead the Non-Model/EUC annual reviews to ensure compliance with the Program </li><li>Lead the Tier IV model reviews, including evaluation of reasonableness, the control framework, and model documentation </li><li>Collaborate with Director of MRM to complete reviews of model ongoing monitoring to assess model performance and monitoring efforts </li><li>Lead the annual program gap analysis, recommending and implementing solutions to improve the MRM framework </li><li>Support special projects as necessary </li></ul> <h5>Education & Experience </h5>Knowledge of: <ul> <li>Proficiency in Microsoft Office with advanced experience in Excel and PowerPoint </li><li>Technical proficiency in R or Python </li><li>At least five years of prior experience in the development, review, validation, and oversight of models used by financial institutions </li><li>Advanced knowledge of FRB's SR 11-7 and the FDIC's FIL 22-2017 </li><li>Analytical and strategic thinking with attention to detail </li><li>Excellent written, communication, organizational, and interpersonal skills </li><li>Ability to work independently and in a team </li></ul> Education and Training: <ul> <li>Bachelor's Degree in Finance, Economics, Accounting or a related field (equivalent experience may be considered) </li></ul> Remote eligible in Delaware, Florida, Georgia, Illinois, Indiana, Massachusetts, Missouri, and Ohio Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.

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