Model Risk Management Analyst II
5 days ago
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.
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