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Loss Forecasting and Stress Testing Analytics - Vice President

https://www.citi.com/ Logo

Citi

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Location:
India , Haryana

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

The Vice President, Loss Forecasting and Stress Testing role is within the CCAR / QMMF team. This group is specifically tasked with generating and managing the Cost of Credit forecasts (NCL and ACL) under alternate macroeconomic and business scenarios on a +$120BN portfolio. The VP-CCAR will be responsible for key Risk deliverables North America Cards Cards’ efforts around Comprehensive Capital Analysis & Review (CCAR/DFAST) and the Quarterly Multi-Scenario Multi-Year Forecasting / Stress Testing exercise for Branded Cards and/or Retail Services and /or PIL portfolios. The person should to be a leader - expected to leverage existing resources as well as work single handedly depending upon the dynamics of the situation in order to deliver high quality results. The individual will collaborate with Modeling, Finance, Risk Policy, Governance, Global CCAR office, and External Auditors.

Job Responsibility:

  • Collaborate with Risk Modeling, Portfolio and New Account Forecasting, Data and Reporting teams
  • Independently lead the team through one or multiple of the following: Quarterly / Monthly NCL Outlook / Plan Forecasting Process, Quarterly Allowance for Credit Losses (ACL), Forecasting ACLs, The annual stress testing processes (CCAR, Mid-cycle stress testing, Recovery Plan), and Associated governance activities (Manager Control Assessment, End User Computing, Activity Risk Control Monitoring and its Assessment Units)
  • Driving continuous process enhancements / standardization and automations for greater efficiencies and accuracy
  • Provide training within and across teams on best practices for CCAR / QMMF and related regulatory submissions and interactions
  • Review and challenge existing models, and model outputs to identify areas of improvement relative to portfolio & macro-economic trends
  • Understand the calculation of reserves, components of P&L, and the impact of CECL on CCAR results besides understanding the synergies between two processes
  • Partner with Finance team to complete requests on financial planning & CCAR/DFAST results and increased integration of credit risk & PPNR results
  • Create presentations with supportive analysis, storyboard results, and lead discussions with senior management, Finance heads, Independent Risk
  • required as part of the business review and effective challenge process
  • Establish and continually evolve standardized business and submission documentation
  • Coordinate with Independent Risk and Global CCAR Office, drive centralized reporting requirements, and communicate with Auditors and Regulators
  • Partner with Risk and Finance organization to understand sources of data and continue to improve the process of defining, extracting and utilizing data
  • Identify areas of improvement in BAU and drive process efficiency through process simplification and automation (VBA, SAS, etc.)
  • Manage information controls (version control, central results summary) to meet business objectives with utmost clarity and least confusion

Requirements:

  • Minimum Bachelors, preferably Masters, Degree in a quantitative field
  • 11+ years of work experience in financial services or management consulting
  • Strong understanding of risk management
  • Knowledge of credit card industry and key regulatory activities (CCAR) are a plus
  • Understanding of forecasting models
  • CCAR / DFAST execution and submission experience
  • Broad understanding of overall business model and key drivers of P&L
  • In depth experience in using analytical packages, SAS, Smartview, datacube/Essbase, MS Office (Excel, Powerpoint)
  • Vision and ability to provide innovative solutions to core business practices
  • Ability to develop partnerships across multiple business and functional areas
  • Strong written and oral communication skills
  • Capability and experience to drive changes in order to achieve business targets
  • Senior executive interactions - can present credibly to both large and small groups
  • Strong interpersonal skills and ability to influence at all levels of management
  • Displays flexibility to work well with varying personal styles
  • Takes personal responsibility to lead by example. Understands and appreciates diverse backgrounds
  • Demonstrates strong ethics
  • Develops strong cross-functional relationships within and outside Risk Management
  • Contributes to a positive work environment
  • shares knowledge and supports diversity

Nice to have:

  • Knowledge of credit card industry and key regulatory activities (CCAR)
  • Understanding of forecasting models
  • CCAR / DFAST execution and submission experience

Additional Information:

Job Posted:
March 21, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:

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