![12542 Citicorp Services India Private Limited](https://media.trabajo.org/img/noimg.jpg)
Stress Testing/Loss Forecasting Model Oversight
1 month ago
Responsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries.
With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance assessment;
Participate in model development calls between sponsor and modeler, exercise effective challenge for assumptions, risk drivers, methodologies and results to ensure models satisfy the functional requirements;
Provide guidance and technical advice to countries on model related methodological issues and strategic use to achieve the business control and profitability goals.
Capable of presenting complex modeling concepts to non-technical audiences.
Ensure respective countries have appropriate Champion/Challenger/Benchmark loss forecasting models / methodologies in place. Work with multiple stakeholders ( countries, modelers, credit risk oversight seniors) to ensure annual model development / enhancement plan to address model issues identified.
Coordinating, and reviewing before submission to Model Risk Management (MRM), all model documentations including Validation, Re-validation, Annual Model Review, Ongoing Performance Assessment, overlay documentation, closure of model limitations. Tracking all work and approval status with MRM and countries.
Ensure all models inputs ( macroeconomic forecasts) are provided in a timely manner to facilitate periodic model run as per regulatory timeline. Coordinating with Global Model Production Team to schedule periodic model run and obtain model results to support countries CCAR/CECL/ICAAP Credit Loss Forecasting submission.
Participate in logistics and model usage support to Global on CCAR/CECL/ Annual Loss Forecasting submission. Achieve effective challenge to model run results to fulfill the regulatory stress testing and business credit planning objectives.
Effectively support setting up of standards, designing workflows, ensuring control and compliance of regulatory submission, such as CCAR, ICAAP, CECL, IFRS9, etc.
Perform model governance self-assessment, identify exceptions / findings to communicate to Senior Manager, and set up corrective action plan (CAP) as appropriate. Coordinate with multiple stakeholders to ensure timely CAP resolution.
Review recommendations on possible revisions and proposed changes in Model Risk Management and CCAR/CECL policies and procedures, conduct gap analysis, implement the changes and ensure compliance at all levels.
Preparing/reviewing meeting minutes of model development discussions, model results review, policy-related calls, for audit trail purposes.
QUALIFICATIONS
University degree in Economics or Statistics
At least 5-7 years (Manager) experience in scoring / risk segmentation / loss forecasting model management, model oversight role with solid consumer risk management experience for all consumer loan products
Good leadership and people management skills
Strong common sense and judgment in applying the policies and procedures to specific situations
Ability to work effectively under pressure
Solid work experience in handling analysis and presentation of complex financing portfolios
Strong in process management and control concepts
Proactive and problem solving
Disciplined, self-motivated, independent, mature and willing to work overtime as occasional evening conference calls with Global Office and other Asia and European countries are expected.
Good verbal, written and interpersonal communication skills in liaising with global model development team and country risk teams at all levels.
Strong computer skills particularly in Excel/PowerPoint/SAS/Answer Tree, etc. and prepare presentation decks
Occasional travel across the region may be required
------------------------------------------------------
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 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 .
We have other current jobs related to this field that you can find below
-
Mumbai, Maharashtra, India Citi Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. With indepth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and ongoing performance assessment;...
-
Avp- Stress Testing/loss Forecasting Model
3 weeks ago
Mumbai, Maharashtra, India Citi Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance assessment; -...
-
Stress Testing/Loss Forecasting Model Oversight
2 months ago
Mumbai, India Citi Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance...
-
Stress Testing/Loss Forecasting Model Oversight
2 months ago
mumbai, India Citi Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance...
-
Svp- Loss Forecasting
3 weeks ago
Mumbai, India Citi Full timeIntegral to Citi Cards‘ success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi’s interests. NA Cards Risk Management division comprises of highly qualified individuals spread across the globe. **Position Summary**: The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing...
-
Svp- Loss Forecasting
1 week ago
Mumbai, Maharashtra, India Citi Full timeIntegral to Citi Cards' success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi's interests. NA Cards Risk Management division comprises of highly qualified individuals spread across the globe.Position Summary:The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing team. This...
-
VP - RWA Forecasting Model Oversight
5 hours ago
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDescription This role is within the RWA Forecasting Model Oversight team which is a part of broader Capital Forecasting and Analytics team. This Capital Forecasting and Analytics team is responsible for capital forecasting for Citigroup and CBNA, while supporting senior management decision-making to achieve the firm’s capital targets. The group...
-
Avp- Risk Model Oversight and Management-c12
4 weeks ago
Mumbai, Maharashtra, India Citi Full time**DESCRIPTION / RESPONSIBILITIES**: - Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
Avp- Risk Model Oversight and Management-c12
22 hours ago
Mumbai, Maharashtra, India Citi Full time**DESCRIPTION / RESPONSIBILITIES**: - Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
AVP- Risk Model Oversight and Management-C12
3 weeks ago
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
Risk Model Oversight and Management Manager-C11
3 weeks ago
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
AVP- Risk Model Oversight and Management-C12
4 weeks ago
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
Risk Model Oversight and Management Manager-C11
4 weeks ago
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
AVP- Risk Model Oversight and Management-C12
4 weeks ago
mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
Risk Model Oversight and Management Manager-C11
4 weeks ago
mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
Mumbai, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES: Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...
-
VP- Risk Model oversight
1 week ago
Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full timeThe Model/Anlys/Valid Sr Mgr accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as...
-
Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full timeDESCRIPTION / RESPONSIBILITIES:Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. Ensure compliance with policies and regulatory requirements for model development, validation, and performance assessment.Participate in model development calls and provide guidance...