• Competitive
  • Wilmington, DE, USA
  • Permanent, Full time
  • Citi-US
  • 2018-10-16

SVP, Portfolio Senior Risk Manager (CECL)

SVP, Portfolio Senior Risk Manager (CECL)

  • Primary Location: United States,Delaware,Wilmington
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 18048673


This role will be dedicated to the design, development and implementation of the CECL (Current Expected Credit Loss) reserve requirements. The successful candidate is expected to work with a significant level of independence and work directly with senior members of the Risk and Branded Cards Management team including the business CFO and CRO.

The Credit & Portfolio Senior Risk Analyst (CECL) is responsible for the development, implementation and sensitivity analysis of Loan Loss Reserves under CECL rules. LLR refers to the valuation account used to estimate the portion of a bank's loan portfolio that will ultimately be uncollectible. In such a scenario, the asset is removed from the books and the allowance for bad debt is charged for the book value of the loan.  The incumbent will manage the day-to-day execution of reserve calculations, data requirements, and ad hoc quantitative analyses. He or she will partner with our Collections, Accounting Policy, Global Risk and Retail Services divisions to ensure adherence to LLR methodologies process controls. The role asks that the incumbent evaluate LLR methodologies, monitor portfolio performance metrics, and synthesize quantitative analysis for presentation to management.  The incumbent will represent Branded Cards Risk Management in regulatory and external audit meetings and will provide quarterly updates to senior management on forecast changes including risks and opportunities, and variance analysis


Bachelor's Degree required in statistics, mathematics, engineering, physics, economics, or related quantitative discipline
5+ years relevant experience required (e.g. statistical modeling, model management), or 4+ years' experience with Master's Degree or PhD
Credit Risk experience w/ a strong understanding of risk management and key regulatory activities (IFRS9) experience preferred
Strong understanding of CCAR models
Attention to detail, experience in auditing, accounting or financial statement analysis
Advanced usage of Excel required, desire to learn or knowledge of SAS/SQL
Strong desire to proactively identify gaps and improve the status quo
Strong business and technical writing skills - ability to independently produce high-quality business memoranda and technical documents
Ability to work with senior managers to help build consensus to address difficult and complex business needs
Ability to manage complex processes and deliver results within compressed timelines