Citigroup, Inc

Credit Risk and Reserves Officer

Citigroup, Inc • $125K — $188K *
Wilmington, DE 19805Hybrid
Finance & Insurance
5 - 7 years of experience
6 days ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Mathematics, Engineering, Statistics, Economics, Physics, or a related quantitative field; Master's degree, MBA, or CPA preferred.
  • 6-10 years of credit card risk management experience, preferably in financial services with a focus on forecasting and credit risk management.
  • Proven financial and risk analysis capability with experience in presenting findings to management and external auditors.
  • Advanced proficiency in analytical tools including Excel, SAS, SQL, and Python; preferred experience with Oracle Hyperion and Tableau.
  • Strong interpersonal and organizational skills with a demonstrated ability to build consensus among senior management and stakeholders.
  • Exemplary leadership competencies and an ability to work with minimal supervision.
  • Proven ability to stay organized in high-pressure environments.

Responsibilities

  • Calculate and analyze credit risk reserves across various loan portfolios, ensuring compliance with CECL standards.
  • Identify drivers of reserve changes and credit risks while tracking portfolio performance trends.
  • Develop reserve forecasting models and conduct stress testing and scenario analyses.
  • Prepare presentations for senior management on portfolio performance and risk opportunities.
  • Utilize statistical tools and software for data analyses, including risk modeling and due diligence.
  • Drive AI and automation initiatives to streamline reserve processes and enhance efficiency.
  • Collaborate with cross-functional teams to ensure data integrity and improve reporting tools.

Benefits

  • Medical, dental, and vision coverage.
  • 401(k) retirement plan.
  • Life, accident, and disability insurance.
  • Wellness programs and initiatives.
  • Paid time off, including vacation, sick leave, and paid holidays.
Full Job Description
The Credit Risk and Reserves Officer is a senior-level position responsible for leading activities in credit loss forecasting and reserves blending expertise in portfolio analytics, monitoring the portfolio performance while closely following latest trends in own field. This role is pivotal in ensuring the accuracy, efficiency, and transparency of credit loss reserves while enhancing data-driven decision-making with a strong focus on simplification. You will work closely with finance, risk, and technology teams to streamline reserve methodologies, improve reporting processes, and drive automation initiatives.

Responsibilities:
  • Calculate and Analyze credit risk reserves across diverse loan portfolios, ensuring alignment with accounting and CECL standards.
  • Identify key drivers of reserve changes, trends in portfolio performance, and emerging credit risks.
  • Develop and maintain reserve forecasting models, stress-testing frameworks, and scenario analyses.
  • Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity
  • Create, review and share critical business decks for leadership and global policy. Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial and data analyses including profiling, sampling, forecasting and due diligence.
  • Drive AI and advanced analytics initiatives, including automation of reserve processes. Simplify and automate reserve calculation workflows, reducing manual processes and enhancing efficiency.
  • Enhance reporting tools and dashboards to improve visibility and decision-making for senior leadership.
  • Work with cross-functional teams to ensure data integrity and alignment across finance and risk functions.
  • Identify opportunities to streamline methodologies, eliminate redundancies, and enhance operational efficiency. Drive adoption of digital tools and frameworks that enhance analytical capabilities and reduce complexity.
  • Work closely with Governance and Model Risk Management to ensure adherence to all policy requirements
  • Acts as SME to senior stakeholders and /or other team members.
  • Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:
  • Bachelor's degree required in Mathematics, Engineering, Statistics, Economics, Physics, or a relative quantitative discipline (Master's degree, MBA or CPA preferred, or equivalent experience).
  • 6-10 years of experience in credit card risk management or equivalent preferably in the financial services industry, with a preference for work in forecasting, accounting or credit risk management
  • Ability to develop and perform Financial and Risk analysis that addresses concerns and issues, and ability to present them to management and external auditors with a clear and concise approach.
  • Advanced usage of Excel, SAS/SQL/Python required (2+ years), proficiency in PowerPoint, Word required, Oracle Hyperion tools (Essbase, Smart View), Tableau preferred
  • Ability to work with senior managers, internal stakeholders to help build consensus to address difficult and complex business needs.
  • Leadership Competencies expected
  • Has the ability to operate with a limited level of direct supervision.
  • Proven ability to remain organized in a fast-paced environment
  • Demonstrated interpersonal, organizational and analytic skills

Education:
  • Bachelor's degree required in Mathematics, Engineering, Statistics, Economics, Physics, or a relative quantitative discipline (Master's degree, MBA or CPA preferred, or equivalent experience).
  • Master's degree preferred


#LI-DD2

Job Family Group:
Risk Management

Job Family:
Model Development and Analytics

Time Type:
Full time

Primary Location:
Wilmington Delaware United States

Primary Location Full Time Salary Range:
$125,760.00 - $188,640.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Most Relevant Skills
Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

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

Anticipated Posting Close Date:
Jun 23, 2026

About Citigroup, Inc

Citigroup is a financial services holding company that provides financial products and services. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed-income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed-income research, corporate lending, investment banking, and advisory services, private banking, cash management, trade finance, and securities services. Citi is committed to sustainability and social responsibility, and the company invests in initiatives that promote economic progress.

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Learn more about Citigroup, Inc
Market Cap
$1.3 billion
Industry
Finance & Insurance
Net Income
$89.6 million
Founded
1812
5 Year Trend
+4.6%
NASDAQ
C
* Ladders Estimates

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