Model Control and Assurance Officer

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Citi
  • 25 Apr 19

Model Control and Assurance Officer

  • Primary Location: United Kingdom,England,London
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18057893


CITI Model Control and Assurance Officer
Competitive Salary Offered

The role is a member of the firm-wide Model Governance team. It is responsible for the Group's compliance with firm wide policies and global regulatory directives, development and monitoring of a robust control framework, the management of strategic requirements, and providing independent oversight to the Model Risk Management Group.

This role extends across all Citi segments and legal entities, giving the successful applicant exposure to the Institutional Clients Group, Commercial Bank and Consumer Bank.

Specifically the role entails:

• Working as a member of a team to monitor and enforce controls, and key risk indicators, escalating and documenting exceptions, where they are identified;
• Assisting in the remediation of matters that are either self-identified or raised by internal / external audit and regulatory exams;
• Implementing informative reporting packages for management for matters pertaining to Model Risk


Desired Skills, Experience and Characteristics:

The successful applicant will have a proven track record in delivering on multiple, and often time constrained, initiatives within the financial services industry.

The applicant should have an understanding of the implications of policies and regulatory directives, specifically from the perspective of the development of a robust controls and escalation framework for the Model Risk Management Group.

In addition, the successful applicant should have:

• The ability to interpret and analyse large volumes of data and, at times, complex information;
• The ability to demonstrate that they can execute on high profile initiatives;
• Good written and oral communication skills;
• The ability to work well in global teams;
• Excellent interpersonal skills - able to deal with a range of staff across a number of disciplines;
• An intuitive approach to addressing issues that do not have a clear-cut solution;
• Experience in VBA is an advantage.

• A Bachelor's or higher degree in a discipline such as Mathematics, Physics, Engineering, Finance, Business, Accounting / Audit etc. preferred.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Valuing Diversity:

Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.

Citi is an Equal Opportunities Employer

Closing Date: April 11, 2019