Portfolio Credit Risk Management 2nd Line of Defense Lead Analyst

Job description

The Portfolio Management Group (PMG) is an independent risk management function within Citi's Banking and International Risk (BIR) division. Our group is responsible for establishing and monitoring wholesale risk ratings, credit limits, reserve forecasting, and stress testing. Within PMG, the Risk Rating team defines and oversees our wholesale risk rating methodologies and the underlying models. A key part of their role is to facilitate the review and challenge of the model lifecycle across the first and second lines of defense, ensuring alignment with our credit expertise and regulatory expectations. We are looking for an individual to support the Model Sponsor function within the PMG Risk Ratings team, acting as a Model Sponsor Delegate for a designated portfolio of risk rating models. In this position, you will serve as the primary operational point of contact between Model Sponsors, Model Developers, Model Risk Management (MRM), portfolio subject matter experts, and other stakeholders. You'll be involved throughout every phase of a model’s lifecycle—from initial identification and development, through validation, to ongoing monitoring and retirement. To succeed in this role, yo...