In-Business Risk Data Transformation Senior Lead Analyst, SVP, New York

This new role is part of the Markets Price Risk and Control team, supporting the Price Risk Initiative.  ‘Price Risk’ includes all aspects of market risk management across First Line and Second Line functions and the initiative sets out to improve and enhance risk management controls and processes across Markets businesses.

Price Risk and Control (PRC) is a first line cross-asset risk and control function, which operates or facilitates controls to manage the operational risk, valuation risk and governance components of managing quality of Price Risk. The team works closely with Global Markets Trading Businesses, In-Business Risk (IBR), Finance and 2LoD in setting standards and procedures, leading governance, building and managing controls across processes and activities in scope of the Price Risk Framework.

The role will require knowledge of Price Risk processes (first or second line risk management and/or valuation control) as well as change skills to define, organize and co-ordinate a program of work across businesses and regions. The role will support ICG businesses and functions in driving transformation in underlying risk and control processes.   It will involve collaboration with stakeholder groups to define a best-in-class target state, with a robust control framework as well as a set of practical actions to achieve.

Responsibilities: 

• Implement processes for the effective internal Data Management controls by monitoring business data quality reports with associated key indicators & metrics, and driving continuous improvement initiatives within the business, resulting in reduction of inherent risks.
• Engage in a process of triage, raising Business priorities & providing proactive guidance to your partners.
• Implement Data Quality reporting through the definition and implementation of business, data and system related control and remediation frameworks at points of capture in order to resolve data quality exceptions.
• Identify innovative way to centrally identify data quality issues and collaborate with stakeholders imparting their subject matter expertise and know-how to be able to provide meaningful solutions that are functional and sustainable.
• Understand the data quality issues aligned with that data set including end to end data flows and controls and assess remediation options in a tactical way and ensure these are addressed in the defined target state solution with robust controls
• Communicate the Price Risk data strategy and articulate the narrative to stakeholders to support a combined target state vision
• Utilize data science techniques combined with intuitive design, flexibility, and accuracy to develop and maintain business controls.
• Collaborate with the business, finance and operations to investigate data quality issues involving trade completeness
• Connect various datasets related to Trades, Risk, P&L, and PAA to establish robust business controls
• Liaise with Compliance Assurance and Internal Audit to facilitate resolution of any issues identified.
• Maintain oversight through review of metrics, monitoring of activity, and tracking of corrective action plans.
• Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team either through generative AI or other means
• Prepare presentations to update senior management and various governance committees on developments, emerging risks, control issues, and enhancements.

• Challenges self and others to seek out and communicate alternative views even when unpopular; welcomes diverse ideas to improve outcomes.
• Focuses on highest-priority work aligned to business goals; helps others effectively manage competing priorities.
• Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals.
• Proactively seeks out opportunities to volunteer in Citi programs that support the community; advocates for solutions that meet the needs of Citi’s clients and the community.
• Appropriately assess risk when business decisions are made, demonstrating particular 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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards.

Qualifications: 

• Relevant industry experience of Data, Technology, Market Risk Management, Product Control or product valuation specialist with First Line and/or