Risk Model Oversight and Management Analyst II- C10

6 months ago

Mumbai, India 12542 Citicorp Services India Private Limited 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 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 3-5 years (Assistant Manager) experience in scoring / risk segmentation / loss forecasting model management, model oversight role with solid consumer risk management / decision models experience for all consumer loan products 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 .

  • Balance Sheet Mgmt Modeling

    6 months ago

    Mumbai, India 12542 Citicorp Services India Private Limited Full time

    Balance Sheet Management Modeling – Analyst (C10) The Balance Sheet Management Analyst is a seasoned professional role. The Analyst is expected to apply in-depth disciplinary knowledge, contributing to the development of new methodologies (statistical models and tools), data processing, visualization and analysis tools and approaches, and the...

  • Avp- Risk Model Oversight and Management-c12

    6 months 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...

  • Senior Quantitative Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G Full time

    Job DescriptionWe are seeking a highly skilled Senior Quantitative Analyst to join our Risk Modelling team in a permanent position. As a key member of the team, you will be responsible for developing and implementing economic and market-related methods and assumptions used to value benefits provided to customers and assets used to back these liabilities.Key...

  • Portfolio Risk Analytics Analyst II- C10

    6 months ago

    Mumbai, India 12542 Citicorp Services India Private Limited Full time

    The Regulatory Risk Analyst II is a position responsible for portfolio monitoring and identifying credit trends by organizing and analyzing large amounts of data and providing in-depth and sophisticated analysis with interpretive thinking to define problems, develop innovative solutions, and make recommendations that influence decisions of key business...

  • C10 - MRM Validation Analyst II

    6 months ago

    Mumbai, India 12542 Citicorp Services India Private Limited Full time

    Description Model Risk Management (MRM) is an independent oversight function. The Mumbai center is one of the five MRM locations across the globe and is responsible for development and maintenance of Model Risk Management Policy and procedures, for evaluation and approval of very high, high and medium high risk models used in global consumer risk...

  • Officer Consumer Model Valuation

    1 month ago

    Mumbai, Maharashtra, India Citi Full time

    The Model/Anlys/Valid Analyst II is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data for Artificial Intelligence and Machine Learning models (AI/ML). Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets...

  • Risk Modelling Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G Full time

    M&G Global Services is a leading provider of investment management and insurance solutions.As a Risk Modelling Analyst, you will play a crucial role in supporting the Risk Modelling team in Mumbai.The successful candidate will have a strong understanding of statistics and statistical models, with experience in risk calibration and data analysis.You will be...

  • Risk Modelling Senior Analyst

    6 months ago

    Mumbai, India M&G Full time

    We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role. Role The individual should ideally bring multi-asset knowledge and quantitative modelling skills. The role will include a mixture of technical work (development work and...

  • Financial Modeling Manager

    2 weeks ago

    Mumbai, Maharashtra, India Plante Moran Full time

    Join Plante Moran as a Financial Modeling ManagerWe are a nationally recognized public accounting, consulting, and wealth management firm.About the Role:The estimated salary for this position is $120,000 - $180,000 per year.This role will oversee the development of M&A transactions by providing various analytical and data-driven components. The manager's...

  • Quantitative Analyst

    1 month ago

    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...

  • Chief Risk Management Analyst

    3 weeks ago

    Mumbai, Maharashtra, India RBC Capital Markets, LLC Full time

    RBC Capital Markets, LLC is seeking a Chief Risk Management Analyst to join their team. The ideal candidate will have 2+ years of experience in the financial services sector and a Bachelor's Degree.The role involves providing complex analytical support for managing risk across large portfolios of assets and liabilities, along with the associated risk...

  • Financial Modeler and Risk Analyst

    4 weeks ago

    Mumbai, Maharashtra, India Kwan Ventures Full time

    Job SummaryWe are seeking an experienced Financial Modeler and Risk Analyst to join our team at Kwan Ventures.

  • Risk Analyst and Model Developer

    3 weeks ago

    Mumbai, Maharashtra, India Investec Full time

    Investec OpportunityWe are seeking a highly skilled Risk Analyst and Model Developer to join our ALM team at Investec.About the RoleThe successful candidate will be responsible for supporting the day-to-day activities of the team, including daily monitoring, analysis, development, and validation of risk models in relation to non-traded market risk (Interest...

  • Risk Management Professional II

    4 weeks ago

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

    Job Overview:The Risk Management Professional II is a crucial role that requires a strong understanding of risk management processes, procedures, and systems. This individual will be responsible for developing, enhancing, and validating methods of measuring and analyzing risk, including market, credit, and operational risks.

  • Bsm Analytics

    3 months ago

    Mumbai, Maharashtra, India Citi Full time

    **Balance Sheet Management Modeling - Analyst (C10)** This team is responsible for the development of the Deposit duration, Fund Transfer Pricing, Customer Pricing and other models and tools that are used in the IRRBB and treasury space. The models and tools are built using the standard sophisticated well known modeling techniques used across industry which...

  • Risk Analytics Analyst II-CRS Acquisition

    6 months ago

    Mumbai, India 12542 Citicorp Services India Private Limited Full time

    Role Outline: Enhance and improve the Risk policies using statistical techniques to optimize business growth and profits by minimizing the losses Support tactical and strategic Risk Analytics projects for Citi’s Branded Cards Proprietary Cards Risk Management group in the US. Develop and manage implementation of effective risk management...

  • JP Morgan Chase

    4 days ago

    Mumbai, India JP Morgan Chase Full time

    Analyst - Forecasting Models, Model Risk Governance & Review Job Description: - Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view- As as Analyst - Forecasting Models, Model...

  • VP - RWA Forecasting Model Oversight

    6 months ago

    Mumbai, India 12542 Citicorp Services India Private Limited Full time

    Description 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...

  • Risk Analyst

    3 days ago

    Mumbai Metropolitan Region, India Talentmatics Full time

    We are inviting professionals 7 -10 yrs experience with Performing Risk Analytics activities to develop models and support the bank on various analytical initiativesAssist in modelling key risk estimates PD, LGD and EAD for AIRB and IFRS9 frameworkRegularly engage in model development, validation, and re-development activitiesOther risk analytics activities...

  • Climate and Transition Risk Modelling Analyst

    6 months ago

    Mumbai, India JPMorgan Chase & Co. Full time

    Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.   As a Transition Risk Modelling Analyst within the Risk Management and Compliance team, you will be at the heart of...