Regulatory Risk Officer (Hybrid) in Istanbul, Turkey

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This role assists Citibank A.Ş. Risk Management Head in the design and implementation of an efficient and effective risk management function in the franchise, taking into account Banking Law, other applicable regulations and Citi policies.


  • Understands, defines, measures, monitors, and reports risks, especially Credit Risk, Market Risk, Operational Risk, and Liquidity Risk based on local regulations and Citi Policies

  • Stays abreast of existing and upcoming local regulations related to risk management and their implementation in the bank. This may include regulations including standards to comply with Basel II / III, Banking Regulation and Supervision Agency (BRSA) regulations and regulations from other local regulatory authorities

  • Model Developer for local Internal Capital Adequacy Assessment Process (ICAAP) and stress tests; based on Model Risk Management (MRM) Policy ensures that all models and tools are captured correctly and complaint with the MRM Policy; prepares related documents together with Model Risk Management teams to eliminate any identified issues

  • Coordinates the ICAAP and prepares the ICAAP Report and Stress Test Report, makes sure that all risk and stress tests are set up according to the regulations and the Bank’s business, product, and processes

  • Manages the regulatory risk implementation projects within the franchise, coordinates the implementation with the bank units; (e.g., development of local models, stress test and ICAAP regulatory requirements, Basel requirements, system enhancement projects)

  • Sets risk limits and thresholds for different risk types, coordinates the approval of the limits by Citibank A.Ş. Board of Directors, monitors and reports the utilization periodically to the related units of the bank, to Senior Management and Board of Directors

  • Conducts scenario analysis and stress tests on a regular basis to assess the impact of unexpected market conditions on Capital Adequacy Ratio and Liquidity of the Bank

  • Preparation of monthly portfolio and stress tests reports

  • Proactively identifies emerging risks and assists the business process owners with resolving control gaps and issues and helps to create remediation plans, including understanding root cause of the issues

  • Assesses new products and services and outsourcing services launched by the Bank, makes sure that risks associated with new products and services are identified

  • Assists the Risk Management Head in preparation and update of the Risk Management Policy and Procedures in line with local regulations as well as Citi Policy and procedures and have periodic reviews

  • Fulfilling all kinds of internal and external audit requests


  • Minimum 6 years of Risk Management experience in a bank or financial services company

  • Comprehensive knowledge of banking products, Basel II/III, local and international risk management rules and policies & standards

  • Analytical ability to understand complex products, identifying risk areas, recommending solutions as well as developing models

  • Project management knowledge and experience working with diverse group of stakeholders to achieve milestones and deadlines and capability to handle multiple projects

  • Proven relationship management skills with ability to deepen relationships and build partnerships across the business, executive leadership and key functional support areas

  • Strong teamwork and conflict resolution skills with the ability to communicate at all levels of the organization

  • Ability to prioritize workload and meet deadlines and be able to work as a multi tasked individual

  • Excellent written and verbal communication skills with ability to deliver reports and effective presentation skills to influence wide audiences with diverse backgrounds

  • Well organized, detail-oriented self-starter, comfortable functioning in a complex environment

  • Able to develop simple models and prepare model documentation

  • Excellent proficiency in Microsoft Office, particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation)

  • Fluent both in Turkish and English (written and spoken)

  • For male candidates, military service should be completed

  • Having the related certificates of Capital Markets Board of Turkey


  • University Degree in Business Administration, Economics, Statistics, Administrative Sciences or equivalent. MBA is a preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group:

Risk Management

Job Family:

Regulatory Risk

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 ( .

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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