SVP, Legal Entity Model Officer (Hybrid)
Pay found in job post
Retrieved from the description.
Base pay range
$130,880.00/yr - $196,320.00/yr
The Legal Entity (LE) Model Officer is a strategically important role with reporting lines both locally, and into the global Model Risk Management function within the Risk organization at Citi. This role offers the successful candidate the opportunity to play a significant role in the leadership of the legal entity model risk management program, offering unique exposure to all business lines and functions using models, within the cluster, as well as opportunities to contribute to, and collaborate with, the broader Citi legal entity framework.
The role sits within the Risk organization and the successful candidate will be responsible for the development and implementation of risk frameworks and policies, risk identification and assessment, oversight of formulation and adherence to Risk Appetite, oversight of model risk, risk regulatory advisory and new products.
The primary responsibilities associated with the role are set out below:
Job Family Group:
Risk Management
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Job Family:
Business Risk & Control
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Time Type:
Full time
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Primary Location:
Tampa Florida United States
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Primary Location Full Time Salary Range:
$130,880.00 - $196,320.00
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.
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Anticipated Posting Close Date:
Jul 17, 2024
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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 role sits within the Risk organization and the successful candidate will be responsible for the development and implementation of risk frameworks and policies, risk identification and assessment, oversight of formulation and adherence to Risk Appetite, oversight of model risk, risk regulatory advisory and new products.
The primary responsibilities associated with the role are set out below:
- Ongoing review of the regulatory landscape, assessment of compliance and, where required, design and execution of remediation plans
- Ownership and oversight of the LE specific Model Risk Framework and Procedures, and co-ordination of regulatory authority information requests
- Primary 2nd line of defense lead, and partner with 1st line of defense, on model use identification, ranking of critical models and attestation.
- Independent review and challenge of LE-specific model risk appetite framework and key risk indicators (KRI)
- Preparation and presentation of model risk reporting, including escalation, to Board and governance committees
- 10+ years’ experience across risk management, quantitative, risk governance or regulatory-based roles
- Excellent knowledge of model risk guidance from regulatory authorities
- Excellent communication skills to guide, influence and negotiate internally across all lines of defense, and with auditors and regulatory authorities on model risk management related matters
- Ability to succinctly deliver compelling presentations and influence executive audiences
- Proven ability in cross-functional project and stakeholder management
- Ability to drive innovation via thought leadership while maintaining end-to-end view
- Intellectual curiosity to stay abreast of regulatory and industry advances
- Proficient with MS Office suite
- Bachelor’s/University degree or equivalent experience, potentially Masters degree, in a quantitative discipline
Job Family Group:
Risk Management
------------------------------------------------------
Job Family:
Business Risk & Control
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Primary Location:
Tampa Florida United States
------------------------------------------------------
Primary Location Full Time Salary Range:
$130,880.00 - $196,320.00
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:
Jul 17, 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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Seniority level
Not Applicable -
Employment type
Full-time -
Job function
Legal -
Industries
Banking, Financial Services, and Investment Banking
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