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This is an exceptional opportunity for a developing professional to independently tackle complex challenges, integrate deep specialized knowledge, and drive critical financial forecasting initiatives for a significant mortgage and retail bank portfolio. Join our cutting-edge Loss / Reserve Forecasting and Stress Testing team and contribute to the financial stability and strategic direction of a global leader in financial services.
Job Responsibility
Lead Forecasting & Stress Testing: Drive execution of quarterly loss/loan loss reserve forecasting and stress testing processes (e.g., CCAR, QMMF, Recovery Plan) for US mortgage and retail bank portfolios
Enhance Model Validation & Integrity: Review and challenge existing models and outputs for improvement
Strategic Policy Analytics: Conduct risk policy analytics to quantify impact of credit, business, and regulatory policies
Advanced Econometric Analysis: Perform econometric analysis to estimate influence of macro-economic trends on portfolio losses and delinquency rates
Data-Driven Insights & Automation: Analyze key drivers of losses and loan loss reserves
Cross-Functional Collaboration: Partner with Risk and Finance organizations
Process Optimization & Innovation: Identify process efficiencies through automation (Python, VBA, SAS, Tableau) and Citi AI solutions
Stakeholder Engagement & Communication: Present findings to managers and senior management
Ethical Risk Management: Assess and mitigate risk in business decisions
Requirements
13+ 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 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
Excellent written and verbal communication skills
A strong work ethic, a collaborative spirit, and the ability to thrive in both independent and team-oriented environments
Bachelor's/University degree or equivalent experience, potentially Masters degree
Nice to have
Experience with Loss Forecasting/CECL/ Stress Testing
Knowledge of the mortgage and/or retail bank industry and associated regulatory activities