Job Description

:


The Citibank UAE Legal Entity Model Officer is a strategically important role with reporting lines both locally, and into the global Model Risk Management function within the Risk organisation at Citi. This role offers the successful candidate the opportunity to play a significant role in the leadership of the Citibank UAE model risk management programme, offering unique exposure to all business lines and functions using models in Citibank UAE, as well as opportunities to contribute to, and collaborate with, the broader Citi legal entity framework.


The role sits within the Risk organisation 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 Citibank UAE Model Risk Framework and Procedures, and co-ordination of the UAE Model Oversight Committee and regulatory authority information requests
• Primary 2nd line of defence lead, and partner with 1st line of defence, on model use identification, ranking of critical models and attestation.
• Independent review and challenge of Citibank UAE model risk appetite framework and key risk indicators (KRI)
• Preparation and presentation of model risk reporting, including escalation, to Citibank UAE Board and governance committees
• Oversee model risk validation activities for Citibank UAE, including discussions on model limitations and compensating controls , overlays, model validations specific to Citibank UAE and any necessary outsourcing arrangements in line with local guidelines

Qualifications and Qualities:

• 10+ years' experience across risk management, quantitative, risk governance or regulatory-based roles
• Excellent knowledge of model risk guidance from regulatory authorities (CBUAE knowledge preferred)
• Excellent communication skills to guide, influence and negotiate internally across all lines of defence, and with auditors and UAE 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

Education:

• 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
-


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