Krystal Lopez
New York,NY
Summary
Goal-driven leader in Risk Management, recognized for establishing efficient operational processes and enhancing compliance frameworks. Successfully led teams to improve risk reporting and controls, achieving measurable reductions in operational errors. Collaborated across departments to align risk strategy with business objectives, consistently meeting tight project deadlines.
Overview
21
21
years of professional experience
Work History
SVP, Enterprise Concentration Risk Management
Citigroup
New York, New York
10.2024 - 03.2026
- Managed Concentration Risk Management controls and reporting, collaborating with 1st Line of Defense (LOD) as 2LOD to ensure compliance with Citi's Risk Appetite Policy. Facilitated monthly meetings with portfolio managers to assess concentrations and large shifts in the portfolio, including Value Stress Testing and Risk Limits. Conducted quarterly and annual limit reviews with 1LOD and prepared regulatory reports for senior management.
- Monitored and enforced Risk Appetite framework, limits, and policies. Challenged and proposed adjustments to 1LOD Risk threshold levels annually and reviewed ad-hoc threshold changes for senior management approval.
- Collaborated with team across Risk Pools on Management Control Assessments (MCAs) and Control Action Plans (CAPs) to ensure completion, providing necessary documentation for Regulatory and Internal Audit.
VP, Market Risk Reporting
Citigroup
10.2020 - 10.2024
- Audit and Regulatory Compliance: Prepared, reviewed, and delivered Risk Management Reports to senior management. Ensured monitoring and reporting procedures aligned with Risk Policy, escalating control issues transparently. Processed, reviewed, and submitted regulatory reports to FDIC, FRB, and OCC, supporting regulatory exams for owned reports.
- Risk: Analyzed market risk exposures for a Global Portfolio related to VaR, Stress VaR and Factor Sensitivities across multiple lines of business and products.
- Reviewed executive reports and analyses for senior risk management, internal audit, external audit, and regulators daily, quarterly, and annually.
- Operations: Drafted process documentation for internal audit review and training of new colleagues. Executed gap analyses to align processes with business policies and controls, ensuring compliance.
RISK REPORTING MANAGER
East Coast Power and Gas
New York, New York
07.2019 - 04.2020
- RISK AND P&L REPORTING MANAGER
- REPORTING: Analyzed market risk exposures and effectively communicated the major risk drivers to the business and senior management. Developed daily position and P&L reports for front desk trading and back office settlements.
- RISK: Collaborated with sales and trading teams to analyze pricing models and implement enhancements. Maintained historical prices for all products and trading locations.
- OPERATIONS: Streamlined processes and enhanced procedures to improve operational efficiency. Created a process to aide in streamlining the over the counter and cleared trade report infrastructure by developing a centralized way to capture, reconcile, and report on the position and P&L of the company. Created and implemented a process for confirmations, settlements, margining, and collateral.
GLOBAL CONTRACTS MANAGER
Hartree Partners, LP
01.2016 - 07.2019
- CONTRACTS ADMINISTRATION
- Manage daily contract operations ensuring all agreements are delivered in compliance with the corporate risk policy, consistently upholding best risk control practices. Supervise the daily activity of 6 contracts analysts and 3 derivative brokerage analysts. Oversee the efficient review, approval, and update of all contract templates. Evaluate and implement new agreements and general trading conditions for all products globally.
- Streamlined operations by reducing contract templates by 60% through collaboration with IT to identify unused templates, updating outdated data, and implementing SQL formulas to optimize template utilization.
- Collaborated with a developer to design a program that automated the manual tracking process for contract statuses, ensuring timely delivery of documents to counterparties during approval.
- Instrumental in enhancing the procedure for reviewing and updating contract status reports providing an improved overview of what is currently outstanding; this was achieved by standardizing the reason codes and working with pivots, successfully reducing time spent by simplifying the overall process.
- Automated manual filing system for contract support staff, partnering with original consultants to enhance efficiency and significantly reduce processing time.
- QUARTERLY & ANNUAL AUDITS
- Conduct the quarterly and annual audit of internal risk controls in collaboration with auditors. Review proposals to identify any modifications to existing contract terms. Assess and approve all payments and brokerage agreements. Confirm all contractual terms address the best interest of shareholders by drafting and delivering responses to counterparties. Analyze and confirm quarterly and annual broker rebate calculations.
- Facilitated communication between legal, compliance, operations, credit, tax, and front office traders to enhance collaboration.
BACK-OFFICE MANAGER: EUROPEAN POWER
Hartree Partners, LP, Power & Gas UK
01.2014 - 01.2016
- Oversaw back-office operations, ensuring accurate P&L handling and reporting, validating daily trading actions, and supervising 2 back-office analysts. Assessed and authorized monthly settlements with counterparties and brokers. Managed contract generation, delivery, and affirmation, while maintaining accurate contract templates and overseeing price change reports and position movements with traders. Supported quarterly and annual audits.
- Restructured daily P&L process by overseeing batch report development, streamlining tasks and enabling seamless team collaboration.
- Enhanced P&L reports for management by removing unnecessary data, implementing new formulas, while summarizing and consolidating P&L by product, establishing a clearer presentation of the reports and leading to productivity improvement.
- Designed and implemented a template for Standard Operating Procedures, reducing operational inaccuracies. Trained team on template preparation and cross-tested documents for accuracy.
BACK-OFFICE ANALYST
Hess Corporation
01.2005 - 01.2014
- Initiated, implemented, and oversaw project communications and daily requests from the front and middle offices. Developed and executed standard operating procedures for all ad hoc daily, monthly, and annual tasks. Trained and mentored co-worker ensuring successful completion of daily activities. Coached the risk team on daily, weekly, and quarterly procedures. Instigated and managed any required ad-hoc market research and projects for the front office traders and managers.
- Developed and launched standard operating procedures, leading staff and overseeing project interactions to streamline operations.
- Coordinated daily project communications and requests between front and middle offices to ensure alignment and responsiveness.
- Prepared and distributed comprehensive quarterly board meeting reports to the vice president and owners; Verified proper completion of daily margining payments with clearinghouse. Monitored the closing of trade settlements; resolved all price and conversion inconsistencies. Updated daily costs for all traded commodities including exchange cleared and C. Systematized accurate holiday and expiration dates in Tempest for several exchanges and commodity categories.
- Provided administrative support for quarterly board meeting preparations.
- Led and developed team to consistently meet and exceed established business objectives.
Education
BA - Political Science
St. John University
Queens, NYSkills
- Risk Management Software (Tableau, SAP, Bloomberg, Trade Capture, Endur, Commodities Excel (CXL), Allegro, Epsilon, Powwr/DFS, Tempest)
- Risk Assessment and Concentration Manager
- Product Control and P&L Analysis
- Financial Analysis and Risk Data Analytics
- Market risk analysis and assessment
- Project management and Cross-Team Collaboration
- Critical thinking and problem-solving
- Risk Reporting and Report Oversight
- Financial and Executive Reporting
- Regulatory Reporting and Compliance
- Stakeholder Engagement
- Risk Governance Framework
Personal Information
Title: Risk Manager
Custom
Concentration Risk Reporting Market Risk Trading Book Risk and Limit Management VaR and Factor Sensitivity Analysis VaR Backtesting Quarterly & Annual Audit Management P&L/Product Control Product Pricing Updates Trade Entry Time Management Detail-Oriented Client Relations Leader
Professional Development
- NYU: School of Continuing Professional Studies: Financial Risk Management
- Google Gemini AI
Timeline
SVP, Enterprise Concentration Risk Management
Citigroup
10.2024 - 03.2026
VP, Market Risk Reporting
Citigroup
10.2020 - 10.2024
RISK REPORTING MANAGER
East Coast Power and Gas
07.2019 - 04.2020
GLOBAL CONTRACTS MANAGER
Hartree Partners, LP
01.2016 - 07.2019
BACK-OFFICE MANAGER: EUROPEAN POWER
Hartree Partners, LP, Power & Gas UK
01.2014 - 01.2016
BACK-OFFICE ANALYST
Hess Corporation
01.2005 - 01.2014
BA - Political Science
St. John University