Model Risk Management Analyst II

5 days ago


Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

About the Role


Citicorp Services India Private Limited is seeking a highly skilled Model Risk Management Analyst II to join our team in Mumbai. As a critical member of the Model Risk Management, India (Mumbai) team, you will be responsible for evaluating the conceptual soundness and model performance of loss forecasting, balance forecasting, stress testing, PPNR, Loan Loss Reserves (LLR), and macro-economic forecasting models developed by other Global Consumer Teams as part of Citi's Comprehensive Capital Analysis and Review (CCAR) submissions.


Key Responsibilities



  • Review and validate new and existing model and framework, provide effective challenge, ensure validation work quality.
  • Help manage model risk across the model lifecycle including model validation, performance evaluation and annual model reviews.
  • Challenge and continually improve MRM Guidance on modeling approaches and model performance testing.
  • Contribute to strategic, cross-functional initiatives within MRM organization.

Requirements



  • Minimum of Master's degree in a quantitative field (Statistics, Mathematics, Physics, Engineering, Computer science, etc.).
  • Higher academic qualifications and/or certifications such as a PhD, a second Master's degree, CPA or CFA is a plus.
  • Must have a strong background in statistical modelling techniques.
  • Good understanding of Model Risk Management.
  • Strong written and oral communication skills.

Company Information


Citicorp Services India Private Limited 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.



  • Mumbai, Maharashtra, India M&G Full time

    Job Title: Actuarial Risk Modelling AnalystJob Summary: We are seeking an Actuarial Risk Modelling Analyst to join our team in Mumbai. The successful candidate will be responsible for supporting the risk modelling team in setting out a description of the model, methodology, and proposed calibration assumptions for corporate credit spread, fundamental spread,...


  • Mumbai, Maharashtra, India M&G Full time

    Job Title: Actuarial Risk Modelling AnalystJob Summary:We are seeking an experienced Actuarial Risk Modelling Analyst to join our team in Mumbai. The successful candidate will be responsible for supporting the Risk Modelling team in setting out a description of the model, methodology, and proposed calibration assumptions for corporate credit spread,...


  • Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    About the RoleWe are seeking a skilled Risk Model Oversight and Management Analyst II-C10 to join our team at 12542 Citicorp Services India Private Limited. As a key member of our risk management team, you will be responsible for overseeing and managing risk models to ensure compliance with regulatory requirements.Key ResponsibilitiesOversee the development,...


  • Mumbai, Maharashtra, India M&G Full time

    Job Title: Actuarial Risk Modelling AnalystJob SummaryAt M&G, we are seeking an Actuarial Risk Modelling Analyst to join our team in Mumbai. As an Actuarial Risk Modelling Analyst, you will be responsible for supporting the Risk Modelling team in developing, calibrating, and implementing new or enhanced risk models to be used in Solvency II regime.Key...


  • Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    Job OverviewCiticorp Services India Private Limited is seeking a highly skilled Senior Risk Management Analyst II to join our Model Risk Management team in Mumbai. The successful candidate will be responsible for evaluating the conceptual soundness and model performance of loss forecasting, balance forecasting, stress testing, PPNR, Loan Loss Reserves (LLR),...


  • Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    Job SummaryWe are seeking a highly skilled Risk Model Oversight and Management Analyst II-C10 to join our team at 12542 Citicorp Services India Private Limited. As a key member of our risk management team, you will be responsible for overseeing and managing risk models to ensure compliance with regulatory requirements and company policies.Key...


  • Mumbai, Maharashtra, India M&G Full time

    Job DescriptionJob TitleActuarial Risk ModellerGrade1ALevelAnalystManager/ Individual ContributorIndividual ContributorJob FunctionActuarialJob Sub FunctionRisk ModellingReports toLeadLocationMumbaiBusiness AreaM&G Global ServicesOverall Job PurposeThe individual will be part of the Risk Modelling team in Mumbai.The Risk Modelling team is responsible for...


  • Mumbai, Maharashtra, India M&G Full time

    About the RoleWe are seeking a skilled Risk Modelling Senior Analyst to join our team at M&G. As a member of our Risk Modelling team, you will play a key role in developing and maintaining economic and market-related methods and assumptions used to place a value on benefits that M&G provides to customers and the assets used to back these liabilities.Main...


  • Mumbai, Maharashtra, India M&G Full time

    Job Title: Actuarial Risk AnalystWe are seeking an experienced Actuarial Risk Analyst to join our team in Mumbai. As an Actuarial Risk Analyst, you will be responsible for supporting the Risk Modelling team in setting out a description of the model, methodology, and proposed calibration assumptions for corporate credit spread, fundamental spread, and...

  • Risk Analyst

    5 days ago


    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    Job Title: Risk Analytics Analyst II-CRS AcquisitionKey Responsibilities:* Enhance and improve Risk policies using statistical techniques to optimize business growth and profits by minimizing losses* Support tactical and strategic Risk Analytics projects for Citi's Branded Cards Proprietary Cards Risk Management group in the USKey Skills:* Experienced in...


  • Mumbai, Maharashtra, India Hexaconcepts Full time

    Job Title: Business Risk Analyst - Credit SolutionsAbout the Role: We are seeking a skilled Business Risk Analyst - Credit Solutions to join our team at Hexaconcepts. As a Business Risk Analyst, you will be responsible for managing and mitigating risks associated with credit relationships.Responsibilities:Risk Management Systems: Provide support for the...


  • Mumbai, Maharashtra, India M&G Full time

    Job Title: Assistant Manager - Risk Modelling TeamJob Summary:We are seeking an experienced Assistant Manager to join our Risk Modelling Team in Mumbai. As a key member of the team, you will be responsible for the calibration of credit risks and supporting the development of risk models used in Solvency II reporting.Key Responsibilities:Support the annual...


  • Mumbai, Maharashtra, India M&G Full time

    Job Description:M&G Global Services is seeking an Actuarial Risk Analyst to join their team in Mumbai.About the Role:The successful candidate will be responsible for supporting the Risk Modelling team in setting out a description of the model, methodology, and proposed calibration assumptions for corporate credit spread, fundamental spread, and counterparty...


  • Mumbai, Maharashtra, India Apollo Global Management, Inc. Full time

    Quantitative Analyst Position OverviewApollo Global Management is seeking a highly skilled and experienced Quantitative Analyst to join its ISGI function. As a quantitative analyst, you will be responsible for designing, developing, and maintaining quantitative tools and models to support risk management and valuation across the firm.Key responsibilities...


  • Mumbai, Maharashtra, India Hexaconcepts Full time

    The Hexaconcepts team is looking for a skilled Business Analyst to join our Credit Risk Management Solutions team. As a Business Analyst, you will be responsible for managing risk management systems and solutions, understanding client requirements, and coordinating with internal teams to facilitate product development.Key responsibilities include:Managing...


  • Mumbai, Maharashtra, India Apollo Global Management, Inc. Full time

    Position OverviewApollo Global Management, Inc. is seeking a skilled Risk Hedging Analyst to join its Risk Management team. This role will be responsible for managing the FX and Rates exposure across all of Apollo's businesses, ensuring accurate and timely hedging strategies to mitigate potential risks. The successful candidate will work closely with...


  • Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    Job Summary: We are seeking a skilled Risk Model Oversight and Management Analyst II-C10 to join our team at 12542 Citicorp Services India Private Limited. The ideal candidate will have a strong background in risk management and analytics, with experience in model risk management, decision models, and consumer credit loss forecasting. Key Responsibilities:...


  • Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    About the RoleCiticorp Services India Private Limited is seeking a highly skilled Risk Management Specialist II to join our Model Risk Management team in Mumbai. As a key member of the team, you will be responsible for evaluating the conceptual soundness and model performance of loss forecasting, balance forecasting, stress testing, PPNR, Loan Loss Reserves...


  • Mumbai, Maharashtra, India M&G Full time

    Job Title: Assistant ManagerJob Summary:We are seeking an experienced Actuarial Risk Modelling Assistant to join our team in Mumbai. The successful candidate will be responsible for supporting the risk modelling team in setting out a description of the model, methodology, and proposed calibration assumptions for corporate credit spread, fundamental spread,...


  • Mumbai, Maharashtra, India Riverforest Connections Private Limited Full time

    Credit Risk Modelling LeadershipThe role requires a deep technical expertise in credit risk modelling and the ability to lead a team in developing cutting-edge models that meet regulatory and risk management needs.Key ResponsibilitiesDevelop advanced credit risk models for provisioning/capital requirements (IFRS CECL BASEL IRB) and internal risk management...