Director of Credit Risk Monitoring Applications

Company: Citi
Location: Clifton
Posted on: January 20, 2023

Job Description:

Overview of the OrganizationEnterprise Risk Technology (ERT) is part of Citi's Institutional Clients Group (ICG) Markets Technology organization. ERT delivers innovative engineering solutions to Data Management, Analytics, Monitoring, and Reporting problems for the investment bank's Counterparty Credit Risk, Market Risk and Regulatory Capital user communities globally. Clients include Risk managers, Trading desks, Financial controllers and various regulatory reporting groups across the globe. The scale and complexity of the applications in the stack require the use of advanced technologies to manage very large data sets, horizontally scalable, massively parallel compute and data processing architecture, and business Intelligence tools to provide drill downs.Job DescriptionWe are looking for a Director of Credit Risk Monitoring Applications to extend and enhance our platform. The platform allows salespeople, traders, operations staff and risk officers to manage Citi's exposure to financial institutions, governments and corporates that trade with Citi. The team builds and maintains software for a range of related needs: limit monitoring, exception management, stress testing analysis and escalation workflow capabilities are some key areas of focus. Our users rely on the system for an integrated view of trades, collateral, market data, across many dozens of sources.Additional Job DescriptionLead a global team of software engineers, business analysts, DevOps and support staff to deliver software solutions for the business. This role will oversee a team of 100+ professionals engaged in advancing the platform for credit risk monitoring.This role must negotiate requirements, collaborate across teams and ultimately be responsible for delivery and maintenance of the firm's credit risk monitoring capability. This role must face off at multiple levels in ICM, Credit Risk, Front Office Technology and GFT. They must be an effective communicator to face off with MD level stakeholders regularlyManage SDLC proactively, continually looking for ways that automation can improve process and the developer experience.Lead the adoption of new technologies where appropriate to solve business problems while adhering to Citi's architectural guidelines.Serve as advisor or coach to mid-level/junior developers and analysts, helping build the overall capabilities of the team.Responsibilities: Manage/develop multiple teams of professionals to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions) as well as ensure team adheres to best practices and process. Develop vision for team around roles and responsibilities, and structure team to ensure greatest impact, efficient use of resource, and alignment to business structures Drive the design and development of system architecture, work with end-users of the systems, and enhance the quality of deliverables Monitor and manage approach/end results, budgeting, planning, policy formation, and contribute to future strategy of the area(s) Ensure change is managed with appropriate controls, documentation, and approvals including implementation of new and revised regulatory reporting requirementsCompetencies Deep knowledge the credit risk domain and best practices in the industry Strong leadership Ability to persuade and influence senior leaders through excellent data driven communication and diplomacy skillsQualifications/Education: Graduate or a Master's degree in a STEM (Science, Technology, Engineering and Mathematics) discipline. 5 years working in the Capital Markets domain - Job Family Group: Technology - Job Family:Applications Development Time Type: Full time Primary Location: Rutherford New Jersey United States Primary Location Salary Range: $200,000.00 - $300,000.00 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 - Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

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