VaR Analysis & Control Senior Manager recruitment

VaR Analysis Control (VAC) is responsible for the data quality and reporting of the Basel II a components of Citigroup and other legal entities market risk weighted assets. Additionally, VAC is responsible for the daily generation of RWA components, adjustments to the Global Market Risk system (GMR), execution of the quality controls surrounding GMR. The role will require some oversight of all system enhancements and market risk feed integrations for GMR. The market risk and VaR information coming out of GMR is used in a wide array of Citigroup regulatory and internal senior management market risk reports. VaR Analysis Control interacts with other members of Risk, Financial Product Control, Information Technology, Risk Analytics, capital optimization, and the business. The position requires exceptional people management and project management skills, a strong work ethic, solid market risk analytic skills, exceptional verbal and written communication skills, and the ability to troubleshoot and follow up on problems while working under a very tight daily production cycle. This position will give the individual exposure to market risk for products traded in every region and in nearly every market as well as exposure to senior management across a wide array of functions.

Responsibilities:

-Manage the daily global production of Market Risk out of GMR

-Manage the enhancement, maintenance, and streamlining of the daily control processes used to improve the data integrity of the risk information coming out of GMR.

-Understanding of data quality timing factors that negatively impact Market Risk RWA, Market Risk Limits, Stress Testing, Internal Risk Capital

-Understanding of the relationship between Market Risk RWA and the risk factors and model parameters that go into the statistical calculations to the point where the RWA can be broken down, analyzed, and potentially corrected in a pro-active manner. Additionally, the ability to be able to effectively communicate those changes to senior management is an essential skill.

-Develop, leverage, and maintain relationships across varying levels of management and function are essential to ensure a high degree of accuracy of the market risk information in GMR.

-Interaction with regulators and auditors to ensure compliance with internal regulatory policies and procedures

Skills

Qualifications:

-The ideal candidate will have a BS or BA but a masters and or CFA/FRM are preferable

-10+ Years of market risk experience with 5+ years of direct Market Risk control, or market risk data stewardship experience.

-3+ Years of Management experience - Preferably Global In scope.

-Excellent analytical, problem solving, and troubleshooting skills are a must

-Superior people management skills, project management skills, communication skills

-Ability to work under a fast paced and chaotic environment with tight deadlines

-Superior Microsoft Access, Excel, and Presentation skills are required and VBA / SQL are a plus

-Deep understanding of the Basel II a market risk rules, Dodd-Frank Rules Volker Rules as they pertain to market risk

-Ability to clearly and concisely present complex information to senior management in an effective concise manner.