Quality Assurance, Monitoring & Testing Lead Analyst - Vice President

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact on where we live and work through volunteerism.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as Vice President, Quality Assurance, Monitoring & Testing Lead Analyst - Hybrid (Internal Job Title: Quality Assurance, Monitoring & Testing Lead Analyst - C13) based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future.

Institutional Credit Management (ICM) provides an integrated, end-to-end framework for credit underwriting, identification, measurement, management, monitoring, and reporting for all of Citi's wholesale credit businesses.

The In-Business Quality Assurance (QA) team is an integral part of ICM. The QA function provides management with critical assessments of the group's policies, procedures, and practices related to wholesale credit risk. By verifying that established standards are followed consistently, the team helps identify operational weaknesses, functional risks, training needs, and process deficiencies.

This role is part of the Counterparty Credit Risk (CCR) horizontal team and is responsible for reviewing all 1st Line CCR activities, excluding underwriting. The successful candidate will report the results of Quality Assurance Reviews (QARs) to business management, Independent Risk, and other key stakeholders.

In this role, you’re expected to:

• Provide effective and credible challenge during QARs to ensure weaknesses in controls and processes are identified and escalated appropriately.
• Support the establishment and enhancement of processes to ensure wholesale credit risks are effectively identified, measured, monitored, and controlled in line with the bank's risk appetite and governance framework.
• Execute QARs by reviewing existing policies, standards, and procedures to develop a comprehensive testing strategy.
• Conduct consistent and objective assessments during QARs and follow up on corrective actions.
• Perform sustainability testing for corrective actions resulting from issues raised by Internal Audit or regulators.
• Stay current with relevant regulatory changes, industry news, and regulatory findings.
• Contribute to internal projects and initiatives within the In-Business QA team as required.
• Support ICM Voice of the Employee (VOE) initiatives.
• Travel (less than 10%).

As a successful candidate, you’d ideally have the following skills and exposure:

• Proven expertise in the measurement of CCR exposures using methods such as Potential Future Exposure (PFE), factor sensitivities (Greeks), and stress testing.
• Strong understanding of OTC derivatives, securities financing transactions, and their associated markets, trading strategies, and pricing models.
• Solid understanding of risk management and control frameworks for CCR, including risk mitigation techniques like collateralization and margining.
• Education: BA/BSc /equivalent or higher degree in Finance, Economics or a related field.
• Experience: 6-10 years of relevant experience, preferably in a counterparty credit risk role at an investment bank. Experience in banking, risk management, internal audit, or a quality assurance function will also be considered if relevant subject matter expertise and technical skills can be demonstrated.
• Technical Skills:
  • Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint).
  • Hands-on experience with data analysis and visualization tools such as Tableau.
  • Working knowledge of data extraction and manipulation techniques using relevant tools (e.g. Tableau, SQL or Python).

• Leadership: Demonstrate a strategic and proactive approach to driving best practices that support safety and soundness within ICM and Citi.
• Core Competencies:
  • Excellent organizational skills, with the ability to produce high-quality work under pressure and manage competing priorities with minimal supervision.
  • Strong problem-solving and decision-making capabilities.
  • Well-developed interpersonal skills, with the ability to build relationships and influence stakeholders at all levels, with or without direct authority.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com

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Job Family Group:

Controls Governance & Oversight

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Job Family:

Quality Assurance, Monitoring & Testing

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Assurance Strategy, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Policy and Procedure, Risk Remediation, Stakeholder Management.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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