Loss Forecasting and Stress Testing Analytics- Analyst I Job at Citi (Haryana, Mumbai)

Loss Forecasting and Stress Testing Analytics Intermediate Analyst

This is an exceptional opportunity for a developing professional to independentl...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Minimum of 4 years of progressive experience in financial services, business analytics, or management consulting, with a strong emphasis on quantitative analysis
A post-graduate degree in a quantitative discipline such as Statistics, Mathematics, Economics, Econometrics, Management, Operations Research, or Engineering
Demonstrated proficiency in analytical and automation tools (e.g., Python, SAS, VBA, Tableau) and a keen interest in leveraging AI for enhanced efficiency
Strong understanding of risk management principles
Exceptional quantitative aptitude, critical thinking, and problem-solving abilities, with a track record of delivering high-quality results
Excellent written and verbal communication skills, with the ability to articulate complex analytical concepts to diverse audiences
A strong work ethic, a collaborative spirit, and the ability to thrive in both independent and team-oriented environments

Job Responsibility

Lead Forecasting & Stress Testing: Drive the execution of quarterly loss/loan loss reserve forecasting and stress testing processes (e.g., CCAR, QMMF, Recovery Plan) for North American cards portfolios
Enhance Model Validation & Integrity: Actively participate in the review and challenge of existing models and their outputs, identifying opportunities for continuous improvement in alignment with portfolio performance and evolving macro-economic trends
Strategic Policy Analytics: Conduct sophisticated risk policy analytics to quantify the impact of credit, business, and regulatory policies on loss performance, seamlessly integrating these insights into the stress testing framework
Advanced Econometric Analysis: Perform in-depth econometric analysis to estimate and articulate the influence of changing macro-economic trends on key performance indicators such as portfolio losses and delinquency rates
Data-Driven Insights & Automation: Understand and analyze the key drivers of losses and loan loss reserves, their relative importance, and current trends
Cross-Functional Collaboration: Partner with Risk and Finance organizations to optimize data sourcing, definition, extraction, and utilization processes, continuously improving our analytical capabilities
Process Optimization & Innovation: Identify and champion opportunities for process efficiencies through automation (using Python, VBA, SAS, Tableau), simplification of underlying data, forecasting, and reporting processes, including the innovative application of Citi AI solutions
Governance & Compliance Excellence: Oversee associated governance activities (Manager Control Assessment, End User Computing, Activity Risk Control Monitoring), ensuring best-in-class practices for documentation, version control, and central results summaries
Stakeholder Engagement & Communication: Present complex analytical findings and strategic recommendations to managers, key stakeholders, senior management, and various review, challenge, and audit teams
Ethical Risk Management: Consistently assess and mitigate risk in all business decisions, safeguarding the firm's reputation and assets by adhering to regulatory compliance, internal policies, and sound ethical judgment

Fulltime

Loss Forecasting and Stress Testing Analytics Intmd Analyst

The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing t...

Location

India , Mumbai; Haryana

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

4+ years experience
Proficient in Microsoft Office with an emphasis on MS Excel
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented
Demonstrated project management and organizational skills and capability to handle multiple projects at one time
Bachelor’s/University degree or equivalent experience

Job Responsibility

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
Supports the design, development, delivery and maintenance of best-in-class Risk programs, policies and practices for Risk Management
Reviews institutional or retail analytics and Models and other documents to ensure compliance with various regulatory and legal requirements
Identifies potential risks and escalates for further review
Handles preliminary investigations, assists with reconciliation procedures and prepares routine correspondence
Creates and maintains reports for control, tracking, and analysis purposes and ensures appropriate and secure retention of documents
Works with more senior staff in investigating and responding to customer and operational complaints
Interacts and works with other areas within Risk Management, as necessary
Appropriately assess risk when business decisions are made

What we offer

Global workforce benefits
Work-life balance

Fulltime

Retail Credit Risk Forecasting and Stress Testing Analyst

The incumbent will manage the Retail organization forecast planning function and...

Location

India , Chennai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Basic knowledge of key financial indicators and capital ratios
Excellent oral and written communication skills
Programming: SAS, VB, SQL, MS Access, General Query Tools is a must
Good understanding of banking products, macroeconomics and financial markets
Strong interpersonal, analytical, organizational, project management, problem-solving, presentation and verbal and written communication skills
Ability to priorities effectively and meet tight deadlines when required
Ability to articulate complex ideas in a clear manner
Ability to efficiently communicate with business partners
Ability to work unsupervised
High problem solving orientation

Job Responsibility

CCAR (Comprehensive Capital Analysis and Review)/Dodd-Frank Stress Test – (A US regulatory mandated Stress test for ascertaining capital adequacy). Perform CCAR forecasting
develop, enhance and maintain all CCAR related documentation
attest quarterly CCAR submission. Ensure all Model Risk Management requests are completed within designated timelines
Forecasting of Loan Loss reserves (Expected Credit Losses) on a quarterly basis inline with regional guidance and applicable model usages
Regulator communications and requests on an adhoc basis to be completed within crunched deadlines
Detailed understanding of the requirements and stages of model development and approval
Knowledge of annual validation for all models
Extend existing models for use in processes like Capital Planning, Business Operating Plan, Quarterly Multi Scenario Forecast
Develop, manage, and maintain accurate portfolio forecasting including weekly, Flash, and Plan reporting
Manage monthly outlook and explain variances vs Plan

Fulltime

Wholesale Credit Stress Testing Lead Analyst

Are you looking for a career move that will put you at the heart of a global fin...

Location

Poland , Warsaw

Salary:

223400.00 - 380400.00 PLN / Year

Citi

Expiration Date

Until further notice

Requirements

5+ years’ experience working in financial institutions
Sound knowledge of statistical modelling concepts and industry best practices
experience with econometric and statistical modelling or application risk scoring
Excellent quantitative and analytic skills
ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
Experience with analytical or data manipulation tools (e.g. Tableau, Python)
Proficient with MS Office suite
Past experience working on stress testing, model analytics, benchmarking and review & challenge function
Knowledge on scenario design, sensitivity shocks and risk identification process
Good interpretations skills to convey complex quantitative methodology in simple terms

Job Responsibility

Execute periodic stress testing exercises to monitor WCR’s risk appetite and identify vulnerable areas
Provide analytics support to explain the stress test outcome for wholesale lending products
Partner with business units and risk managers to assess data availability and fit for purpose modeling approaches
Interact with model developers, model risk governance, business risk, internal audit
Leverage business / product expertise to evaluate and challenge the stress loss assumptions in hypothetical and historical stress scenarios
Gather and analyze portfolio and macro-economic data to assess potential impact on business performance and integrate the trends to the portfolio loss forecast
Research on 3rd party data, loss history and alternative models to build inventory of benchmarks
Develop deep expertise in stress testing methodologies and validate fit for purpose usage in BAU stress testing management
Contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements
Create a new scenario design capability leveraging existing models & data to translate emerging risk to economic scenarios, model inputs or portfolio shocks

What we offer

Employer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program)
Employer paid Private Medical Care Package for employees and Private Medical Care Packages for certain family members available at preferential rates
Employer paid Life Insurance Program for employees and Life Insurance for certain family members available at preferential rates
Employee Assistance Program financed by Employer
Paid Parental Leave Program (maternity and paternity leave
statutory and 2 weeks additional paid paternity leave)
Sport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates
Additional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events
Additional day off for volunteering
Cafeteria/ flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform

Fulltime

Stress Testing 2nd LOD Senior Analyst

Citibank, N.A. seeks a Stress Testing 2nd LOD Senior Analyst for its Irving, Tex...

Location

United States , Irving

Salary:

127400.00 USD / Year

Citi

Expiration Date

June 11, 2026

Requirements

Master's degree, or foreign equivalent, in Economics, Finance, Mathematics, or related field and 2 years of experience as a Model/Analysis/Validation Senior Analyst, Model Developer, Country Finance Officer, Financial Analyst, Economics Analyst, or related position involving quantitative data manipulation and analysis, model development, and economic research for financial forecasting generation
Alternatively, employer will accept a Bachelor's degree in the listed fields and 5 years of progressively responsible, post-baccalaureate experience in the listed positions
Predictive modelling methods: Time-series, regression, and logistic regression
Automating data extraction and data pre-processing
SQL, R
Data validation and data quality issues identification and control
Additionally, 1 year of experience must include: Developing and validating methods of measuring and analyzing market risk, credit risk and operation risk
Banking regulations including CCAR, CECL, IFRS9 and GSST
Statistical analysis, data modeling and validation
Model risk monitoring, limitations assessment, and overlays management

Job Responsibility

Conduct statistical analysis for risk-related projects and build quantitative forecasting models to support the bank's risk management objectives, used to assess Market Risk, Credit Risk, and Operational Risk
Generate stress testing scenario for regulatory frameworks including Comprehensive Capital Analysis and Review (CCAR), Current Expected Credit Losses (CECL), Internal Financial Standing Reporting 9 (IFRS9), and Global Systemic Stress Testing (GSST)
Present the results of various forecasting scenarios produced by statistical models and write formal documentation the scenarios for model validation and performance monitoring as part of the risk management policy and procedures
Analyze and interpret the data reports generated from various internal and external data sources to identify trends and present quantitative findings to senior management
Validate model assumptions and escalate any identified risks and sensitive areas in the statistical modeling methodology and process
Automate data extraction and data pre-processing tasks using ETL tools including R, and Python and Visual Basic programming languages to achieve efficiency in business process
Perform ad hoc statistical analyses, scenario tests, and sensitivity assessments
Design, maintain and optimize complex data manipulation processes including structured ETL pipelines and automated workflows using SQL and Python to support model development
Visualize analytical results using Excel, Tableau, Python, R and present the quantitative findings to senior management
Conduct statistical research to evaluate model performance, enhance methodologies, and refine forecasting frameworks for Market, Credit and Operational Risk

What we offer

medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Fulltime

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Credit Risk Analytics Intermediate Analyst

The Credit Portfolio Intermediate Analyst role is a senior individual contributo...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

4+ years of relevant experience in credit card risk analytics, consumer lending, or financial analytics
Bachelor's /University degree or equivalent experience in business, Statistics, Mathematics, Finance, Economics, or related quantitative fields
Advanced SQL
strong experience in SAS and/or Python
Strong command of credit risk analytics: vintage, segmentation, forecasting
Good understanding of various risk factors including stress testing, collateral risk and volatility, concentration risks, liquidity, and wrong way risk, with demonstrated experience in reviewing these factors and challenging any discrepancies
Expertise in translating analytics into business decisions
Advanced PowerPoint storytelling and data visualization
Deep understanding of credit card lifecycle and risk economics
Ability to influence decisions through data and judgment, Strong strategic thinking and problem structuring

Job Responsibility

Own end-to-end portfolio risk monitoring across delinquency, losses, payment behavior, and utilization
Lead vintage, cohort, and segmentation analysis to identify structural vs cyclical risk trends
Diagnose root causes of performance shifts and quantify P&L and capital impact
Define key risk indicators and ensure timely escalation of emerging risks
Support creation and maintenance of risk dashboards and MIS
Assist in diagnosing portfolio performance changes and segment-level risk drivers
Own risk assessment of acquisition strategies across channels and products
Evaluate early lifecycle risk (FPD, early delinquency) and recommend corrective actions
Partner with Product and Marketing to optimize risk-adjusted acquisition growth
Challenge business proposals using data-backed risk insights

Fulltime

Business Director, Economic Forecasting

As a Business Director at Capital One, you will apply your strategic and analyti...

Location

United States , McLean

Salary:

Not provided

Capital One

Expiration Date

Until further notice

Requirements

Bachelor's Degree
At least 4 years of experience performing quantitative analysis
At least 4 years of experience performing qualitative analysis
At least 2 years of experience performing people management
At least 2 years of experience performing project management

Job Responsibility

Producing quarterly economic forecasts used for business planning, loss forecasting and credit allowance
Sharing quarterly economic forecasts to senior management of Capital One
Designing economic scenarios for stress testing, including annual CCAR exams
Collaborating with a cross-functional team of Business Analysts, Data Analysts, Tech Engineers and Project Managers to transform the Economic Forecasting infrastructure and to develop new analytical capabilities
Guiding teams across the company on best practices for using macroeconomic variables in models
Owning models and analytical tools used for economic forecasting and scenario design, working closely with vendors supporting these models and tools, such as S&P/IHS and Moody's
Managing and developing a team of analysts
Coaching and mentoring team members
Managing timely delivery and flawless execution of quarterly economic forecasts and scenarios for stress testing
Overseeing multiple projects and programs concurrently

What we offer

Performance based incentive compensation which may include cash bonus(es) and/or long term incentives (LTI)
Health benefits
Financial benefits
Other benefits for total well-being

Fulltime

Regulatory Risk Model Development Intermediate Analyst

Citi's Risk Modeling Solutions department is responsible for the development, de...

Location

India , Haryana; Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

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

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 business stakeholders, model validation and governance teams, and model implementation team
Prepare responses/presentations to regulatory agencies on all CCAR/CECL models built

Fulltime

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Loss Forecasting and Stress Testing Analytics- Analyst I

Job Description

Job Responsibility

Requirements

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