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Product Management Sr Analyst

https://www.citi.com/ Logo

Citi

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Location:
India, Mumbai

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

Not provided

Job Description:

Model Risk Management (MRM) is a critical part of Citi’s Global Risk Management organization, providing independent oversight of models used across the firm to manage risk and inform key business decisions. The System Strategy and Oversight (SSO) team within MRM is responsible for the strategic reengineering, governance, and continuous enhancement of the Model Risk Management System (MRMS). The position involves modernizing Citi’s model risk infrastructure to ensure operational excellence, regulatory compliance, and strategic alignment.

Job Responsibility:

  • Lead initiatives to redesign and reengineer the Model Risk Management System (MRMS) in alignment with Citi’s Model Risk Management Policy, Procedures, and broader system strategy
  • translate policy and procedural requirements into detailed process flows, system requirements, and actionable project plans, identifying opportunities for streamlining, automation, and enhanced control
  • collaborate closely with internal stakeholders across Risk, Model Development, Validation, Technology, and Business Management functions to deliver integrated, effective system solutions
  • author comprehensive business requirements documents (BRDs) and partner with technology teams to oversee solution design, development, and implementation
  • drive system enhancements that simplify model lifecycle management processes, integrate emerging technologies such as Gen AI, and improve risk metrics reporting and documentation digitization
  • provide governance over IT project delivery, ensuring initiatives are completed on time, within scope, and aligned with budgetary and strategic objectives
  • define and oversee system quality standards, preventive control mechanisms, user acceptance testing (UAT) processes, and end-user training programs
  • maintain strong control, governance, and documentation practices in line with Citi standards and regulatory expectations

Requirements:

  • Minimum 7+ years of professional experience, including 3+ years in product development, technology-driven system enhancement, or project management roles
  • prior experience in model risk management, model development, model validation, or similar risk/control functions within financial institutions strongly preferred
  • familiarity with regulatory guidance on model risk management, including SR 11-7 and SR 15-18, is highly desirable
  • demonstrated success leading cross-functional initiatives involving risk management, technology, and process reengineering
  • hands-on experience with database design, SQL for analysis, and reporting frameworks
  • working knowledge of emerging technologies, including experience building Proofs-of-Concept (POCs) in Python, R, or similar programming languages, is advantageous
  • strong project management discipline, with proven ability to manage initiatives through full lifecycle execution
  • proficiency in Jira, Confluence, and Microsoft Office tools
  • strong analytical and problem-solving skills with a practical, execution-focused approach
  • excellent written and verbal communication skills
  • ability to work independently and collaboratively across multiple teams and business lines
  • exceptional organizational skills
  • strong attention to detail combined with the ability to see the broader strategic context
  • ownership mindset

Nice to have:

  • working knowledge of emerging technologies, including experience building Proofs-of-Concept (POCs) in Python, R, or similar programming languages
  • familiarity with regulatory guidance on model risk management, including SR 11-7 and SR 15-18
  • prior experience in model risk management, model development, model validation, or similar risk/control functions within financial institutions
What we offer:

global benefits designed to support well-being, growth, and work-life balance

Additional Information:

Job Posted:
August 06, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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