CCAR Unsecured Model Development Analyst II

20 hours ago

Bengaluru, Karnataka, India Citi Full time ₹ 8,00,000 - ₹ 15,00,000 per year

CCAR Quantitative Modeler – Unsecured Products

Description:

This position within US Personal Banking Risk will develop CCAR/CECL models for unsecured portfolios (e.g., credit cards, installment loans etc.)

Responsibilities:

  • Obtain and conduct QA/QC on all data required for CCAR/CECL model development
  • Develop segment and/or account level CCAR/CECL stress loss models
  • Perform all required tests (e.g. sensitivity and back-testing)
  • Validate/recalibrate all models annually to incorporate latest data. Redevelop as needed
  • Deliver comprehensive model documentation
  • Work closely with cross functional teams, including country/region's business stakeholders, model validation and governance teams, and model implementation team
  • Prepare responses/presentations to regulatory agencies on all CCAR/CECL models built

  • Advanced Degree (Bachelors required, Masters / PhD preferred) in Statistics, Applied Mathematics, Operations Research, Economics, MBA (Finance), or other highly quantitative discipline

Qualifications:

  • 2+ years' experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and particularly econometric modeling of consumer credit risk stress losses
  • Experience with dynamics of unsecured or secured products a strong plus
  • Active role in performing some analytical components of an econometric modeling-driven stress loss process (data collection, data integrity QA/QC/reconcilements, pre-processing, segmentation, variable transformation, variable selection, econometric model estimation, sensitivity testing, back testing, out-of-time testing, model documentation, and model production implementation)
  • Exposure to various stress loss modeling approaches at the segment or account level preferred
  • Able to communicate technical information verbally and in writing to both technical and non-technical audiences
  • Proficiency in SAS/SQL/Oracle/Unix/Microsoft Word, Excel and PowerPoint
  • Work as an individual contributor

Job Family Group:

Risk Management

Job Family:

Risk Analytics, Modeling, and Validation

Time Type:

Full time

Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Data Analysis, Escalation Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Statistics.

Other Relevant Skills

Credible Challenge, Laws and Regulations, Management Reporting, Referral and Escalation, Risk Remediation.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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.

View Citi's EEO Policy Statement and the Know Your Rights poster.

  • CCAR Unsecured Model Analyst II- C10

    1 week ago

    Bengaluru, Karnataka, India Citi Full time ₹ 15,00,000 - ₹ 20,00,000 per year

    CCAR Quantitative Modeler – Unsecured ProductsDescription:This position within US Personal Banking Risk will develop CCAR/CECL models for unsecured portfolios (e.g., credit cards, installment loans etc.)Responsibilities:Obtain and conduct QA/QC on all data required for CCAR/CECL model developmentDevelop segment and/or account level CCAR/CECL stress loss...

  • CCAR Unsecured Model Development Intmd Analyst

    20 hours ago

    Bengaluru, Karnataka, India Citi Full time ₹ 80,000 - ₹ 1,20,000 per year

    Description:This position within USPB Risk will develop CCAR/CECL models for unsecured portfolios (e.g., credit cards, installment loans etc.)The responsibility includes but not limited to the following activities:Obtain and conduct QA/QC on all data required for CCAR/CECL model developmentDevelop segment and/or account level CCAR/CECL stress loss...

  • Regulatory Model Development- AVP

    2 weeks ago

    Bengaluru, Karnataka, India Citi Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Business/ Dept.Objectives:Positions within USPB Risk Management of Citi for CCAR/DFAST stress loss model development for the US/International portfolios.Core Responsibilities:This position within Global Consumer Banking will develop CCAR/DFAST stress loss models for unsecured portfolios (e.g., Credit Card, Personal Loan etc.). The responsibility includes but...

  • Systems Developer Analyst II

    2 weeks ago

    Bengaluru, Karnataka, India BCD Travel Services B.V. Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    BCD Travel Services B.V.Systems Developer Analyst II RemoteFull-time, Remote, IndiaThe Systems Developer Analyst II position will be responsible for the development, maintenance, and support of all development applications. This individual must maintain effective customer (Internal) relationships as well as effective communication and coordination with...

  • Risk Model Production and Monitoring Execution Analyst II

    1 week ago

    Bengaluru, Karnataka, India Citi Full time US$ 90,000 - US$ 1,20,000 per year

    The Model/Analysis/Validation Analyst II is a developing professional role focused on applying specialized knowledge to monitor, assess, analyze, and evaluate processes and data related to risk management. This role involves identifying process gaps, adhering to operating procedure, interpreting data to make recommendations, researching information,...

  • Finance Head Unsecured Lending Business

    4 days ago

    Bengaluru, Karnataka, India Muthoot Finance Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Collaborate with the Family Board, the President of Unsecured Lending, and other senior leaders to align financial strategies with overall business goals and stakeholder expectations.Develop and implement financial models to optimize profitability, cost efficiency, and portfolio performance.Drive financial planning and analysis (FP&A) for the unsecured...

  • Unsecured Lending Finance Director

    2 weeks ago

    Bengaluru, Karnataka, India beBeeFinancial Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

    Job OverviewWe are seeking a highly skilled and experienced finance leader to head our unsecured lending division.Key Responsibilities:Strategic Financial Planning: Develop and implement financial models to optimize profitability, cost efficiency, and portfolio performance.Financial Analysis: Drive financial planning and analysis (FP&A) for the unsecured...

  • Systems Developer Analyst II

    2 weeks ago

    Bengaluru, Karnataka, India BCD Full time US$ 90,000 - US$ 1,20,000 per year

    Start your journey with BCD: Grow, connect, collaborate and celebrate with our global teamSystems Developer Analyst II RemoteFull-time, Remote, IndiaThe Systems Developer Analyst II position will be responsible for the development, maintenance, and support of all development applications. This individual must maintain effective customer (Internal)...

  • Manager - UnSecured Business Loans

    4 weeks ago

    Bengaluru, Karnataka, India Clay Capital Full time

    Job Title : Manager - UnSecured Business LoansSTRICTLY FOR CANDIDATES WITH SME BANKING & DSA HANDLING EXPERIENCE - WITH UNSECURED LENDING/NBFC :- Bachelors in commerce or MBA with Private banking, NBFC experience- A Solution seeking mindset & clarity of communication- Extremely good network of DSA'S/NBFC/Bankers and Clientele across : A minimum of 5 yrs of...

  • Senior Unsecured Lending Specialist

    6 days ago

    Bengaluru, Karnataka, India beBeeCreditRisk Full time ₹ 25,00,000 - ₹ 40,00,000

    The role of a Credit Risk Lead is pivotal in driving optimal risk-adjusted returns for our client's unsecured lending operations.Credit Risk Strategy & PolicyDevelop and maintain comprehensive credit risk policies and frameworks to ensure alignment with market trends, regulatory guidelines, and risk appetite.Review and enhance underwriting norms in...