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Officer- Model Oversight & Model Maintenance- Business Planning Models Jobs

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Officer- Model Oversight & Model Maintenance- Business Planning Models
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Seeking a Model Oversight Officer in Mumbai to ensure compliance with MRM guidelines and manage the model lifecycle. You will track inventory, coordinate with FP&A and risk teams, and conduct performance assessments. Ideal candidates have 6+ years' FP&A experience, proficiency in Excel, and knowl...
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India , Mumbai
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Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Pursue a critical career at the intersection of finance, data, and governance with Officer- Model Oversight & Model Maintenance- Business Planning Models jobs. This specialized profession is central to the integrity of a modern organization's financial and strategic decision-making. Professionals in this role act as the primary stewards for a company's business planning models, which are sophisticated statistical tools used for forecasting, budgeting, and risk assessment. Their core mission is to ensure these models remain accurate, compliant, and effective throughout their entire lifecycle, safeguarding the organization against financial and reputational risk. A typical day in this career involves a blend of technical oversight, project coordination, and stakeholder communication. Common responsibilities include managing the entire model inventory, tracking key dates for model reviews, and ensuring all activities adhere to strict internal Model Risk Management (MRM) guidelines. These officers partner closely with Finance (FP&A), risk management teams, and data transformation units to conduct regular performance assessments. This involves analyzing model outputs to detect "model fatigue"—a state where a model's predictions become less accurate over time—and proactively working with model sponsors to initiate recalibrations or enhancements. A significant part of the role is also dedicated to maintaining comprehensive model documentation, submitting it for approval through governance systems, and responding to queries from oversight bodies. The skill set required for these jobs is both diverse and demanding. A strong quantitative background is essential, often supported by a professional degree like an MBA or equivalent in finance, statistics, or a related field. Candidates typically need several years of experience, with a solid understanding of financial planning and analysis processes. Technical proficiency is key; expertise in Microsoft Excel is a given, while knowledge of data analysis tools like Python, SQL, Tableau, or statistical software is highly advantageous. Beyond technical acumen, success hinges on exceptional organizational and project management skills to handle multiple model reviews simultaneously. Clear written and verbal communication is crucial for explaining complex model concepts to non-technical stakeholders and for building strong, collaborative relationships across the company. For detail-oriented, self-motivated individuals who thrive in a structured, governance-focused environment, Officer- Model Oversight & Model Maintenance jobs offer a rewarding path with significant impact on an organization's strategic resilience and financial health.

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