Informacje o stanowisku

ICAAP Economic Forecasting Manager, Warsaw

Client:

11101 Citibank Europe plc Poland

Location:

Warsaw, Poland

Job Category:

Other

EU work permit required:

Yes

Job Reference:

26e84af66102

Job Views:

60

Posted:

23.01.2025

Expiry Date:

09.03.2025

Job Description:

Description

Enterprise Risk Analytics (ERA) is a part of Citi’s Risk Management organization that is responsible for Enterprise-level risk metrics including stress testing. The Enterprise-wide stress testing program is sponsored by the Citigroup CRO, who reviews the stress testing results with the rest of the executive management team. The Enterprise Risk Analytics & Stress Testing team is responsible for Enterprise Stress Testing with Legal Entity Oversight (LEO), Material Legal Entity (MLE) Stress Testing, and Internal Capital Adequacy Assessment Plan (ICAAP) execution and oversight, as well as Firmwide Scenario Design and Expansion covering all Legal Entities.

The ICAAP Economic Forecasting Manager reports to the Head of ICAAP Scenario Design. S/He will be involved in generating ICAAP stress scenarios for different legal Citi entities, providing subject matter expertise and hands-on experience in econometric model development, execution, and assessment. Responsibilities include managing model development, documentation, ongoing maintenance, data quality controls, production oversight, reporting, and reviews. This role also collaborates with the Economics and Strategy Research teams, other Risk functions, and several lines of business and Finance.

Responsibilities:

• Participate in the end-to-end process of ICAAP macroeconomic scenario design, including conducting research to develop scenario concepts, preparing scenario narratives, and forecasting macroeconomic series.
• Participate in ICAAP macro scenario design meetings.
• Develop models to expand enterprise scenario designs for all variables required by downstream models in EMEA, APAC, and other regions.
• Document models and perform ongoing maintenance to comply with the firm’s model risk management policy.
• Collaborate with the model implementation team to facilitate production runs.
• Monitor model output and perform ad hoc analysis as needed.
• Employ strong communication skills to convey forecast results and implications to key stakeholders.

Qualifications:

• Experience in developing scenario narratives and expansions for ICAAP stress tests for internal and economic capital requirements.
• Extensive experience in economic research and model development for forecasting economic and financial variables.
• Expertise in macroeconomic analysis and forecasting.
• Familiarity with CCAR, CECL, and ICAAP stress testing scenarios.
• Expertise in macroeconomic scenario review and narratives, determining optimal macro/finance risk drivers and forecasts.
• Excellent verbal and written communication skills, with experience in Python, R, Stata, or SAS programming environments.
• Previous experience managing/analyzing large data sets and presenting data visually to senior management is highly desired.
• Master’s degree or equivalent experience in Economics, Econometrics, Mathematics, or Statistics; PhD preferred.

We offer:

• Competitive salary & social benefits (private healthcare, Benefit System, life insurance).
• A friendly and diverse work environment that values different styles and perspectives.
• Opportunities for learning new technologies and tools, including online and instructor-led training.
• A dynamic, multinational work environment.
• Opportunities to influence your work processes, with encouragement for improvement ideas.
• A chance to make a difference through various affinity networks and charity initiatives.

Job Family Group: Risk Management

Job Family: Risk Analytics, Modeling, and Validation

Time Type: Full time

Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need reasonable accommodation to use our search tools or apply for a career opportunity, please review.

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