Regulatory Risk Model Development Analyst II Job at Citi (Haryana, Bengaluru)

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Us Regulatory Model Development Analyst Ii

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

Location

India , Bengaluru; Mumbai; Haryana

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

Fulltime

Climate Risk Model Development – Analyst II

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

Location

India , Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

2+ years of experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, or econometric modeling and in-depth knowledge on the use of statistical models to solve business problems (years of experience in Master or PhD programs of Statistics, Economics, Finance, Biomedical Engineering or other highly quantitative discipline counts)
Past experience of climate risk stress testing or catastrophe modeling preferred
Experience of end-to-end credit risk modeling highly preferred
Experience of CCAR and CECL preferred
Strong programming (SAS, SQL, Python, R, etc.) and quantitative analytics (regression, time series, decision tree, linear/nonlinear optimization etc.) skills preferred
Strong communication skills required to translate model design, specification and performance details to technical and non-technical audiences
Master’s/University degree or equivalent experience in Economics, Mathematics, Statistics, Finance of other quantitative discipline
PhD degree in Statistics, Economics, Finance, Biomedical Engineering or other quantitative discipline preferred

Job Responsibility

Participate in building champion/benchmark models for CCAR, CECL, IFRS9, climate risk, and other regulatory/internal purposes for Citi's international and U.S. secured portfolios
Under manager's guidance, perform data cleansing and analysis, identify static and dynamic portfolio drivers and macroeconomic drivers for portfolio risk performances, build PD/EAD/LGD models and conducting statistical analysis and backtests, perform forecast sensitivity analysis and model robustness tests, and provide model implementation and validation support
Create Model Development Document for validation and supporting Annual Model Reviews and Ongoing Performance Assessment of implemented models
Participate in model revalidation, model change and related documentation and validation support efforts
Ensure timely completion of assigned projects with high quality
Work closely with cross functional teams, including country/region’s business stakeholders, model validation and governance teams, and model implementation team
Prepare responses/presentations to regulatory agencies on all CCAR/CECL/IFRS9/Climate models built

Fulltime

Risk Model Development Analyst II

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

Location

India , Bengaluru; Mumbai; Haryana

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

2+ years of experience
Experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, or econometric modeling
In-depth knowledge on the use of statistical models to solve business problems
Experience of end-to-end credit risk modeling highly preferred
Experience of CCAR and CECL preferred
Understanding of traditional modeling processes (linear/ logistic regression, segmentation, decision tree) and machine learning algorithms (Random Forest, Gradient Boosting, XG Boost, SVM, etc.), time series, linear/nonlinear optimization
Experience in reporting (risk/marketing) in portfolio reporting, model monitoring, generating business insights
Strong programming (SAS, SQL, Python, R, etc.) and quantitative analytics (regression, time series, decision tree, linear/nonlinear optimization etc.) skills preferred
Strong communication skills required to translate model design, specification and performance details to technical and non-technical audiences
Master’s/University degree or equivalent experience in Economics, Mathematics, Statistics, Finance of other quantitative discipline

Job Responsibility

Participate in building champion/benchmark models for CCAR, CECL, IFRS9, climate risk, and other regulatory/internal purposes for Citi's international and U.S. secured portfolios
Under manager's guidance, perform data cleansing and analysis, identify static and dynamic portfolio drivers and macroeconomic drivers for portfolio risk performances, build PD/EAD/LGD models and conducting statistical analysis and backtests, perform forecast sensitivity analysis and model robustness tests, and provide model implementation and validation support
Create Model Development Document for validation and supporting Annual Model Reviews and Ongoing Performance Assessment of implemented models
Participate in model revalidation, model change and related documentation and validation support efforts
Ensure timely completion of assigned projects with high quality
Work closely with cross functional teams, including country/region’s business stakeholders, model validation and governance teams, and model implementation team
Prepare responses/presentations to regulatory agencies on all CCAR/CECL/IFRS9/Climate models built
Understand model variables and economic forecasts and conduct drill down analysis and reporting of model performances
Deliver comprehensive write-up of ongoing model performance assessment, Annual Model Review / Revalidation documents

Fulltime

Risk Decision Model Development Analyst II

This position is with US Consumer Cards (USCC) Risk Modeling Solutions (RMS). Th...

Location

India , Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

2+ years of hands‑on experience in Risk Modeling, or a PhD degree in quantitative discipline (STEM: Science, Technology, Engineering, Mathematics or Statistics, Economics, Data Science)
Strong foundation in statistical modeling, econometrics, Machine Learning, numerical methods, and industry best practices for model development and validation
Proven experience developing or supporting risk models, with the ability to identify patterns, trends, and insights from complex datasets
Proficiency in analytical and data manipulation tools such as Python, SAS, SQL, R, and Spark
experience working in Big Data environments is highly desirable
Strong working knowledge of the MS Office suite, especially Excel and PowerPoint, for analysis, reporting, and stakeholder communication
Excellent written and verbal communication skills with the ability to clearly articulate complex quantitative work to technical and non‑technical audiences
Highly self‑motivated, detail‑oriented, and able to work independently while collaborating effectively with cross‑functional teams
Demonstrated intellectual curiosity and commitment to continuous learning, particularly in staying abreast of new modeling techniques, tools, and technological advancements

Job Responsibility

Build Risk Decision Models using Machine Learning, advanced statistical methods, and numerical algorithms
Develop, validate, and enhance models that support risk strategies, ensuring full alignment with: Risk policies and modeling procedures, Model Risk Management (MRM) guidelines, Fair Lending, model interpretability, and other regulatory expectations
Leverage tools such as Python, SAS, PySpark, and other analytical platforms to extract, clean, and transform data
Engage with both traditional and alternate data sources, performing data preparation, feature engineering, and variable selection for model development
Own the complete model development lifecycle including: Problem definition & model design, Data preparation, Model training, testing, and tuning, Out‑of‑sample and time‑based validation, Comprehensive documentation, Stakeholder presentations and model governance interactions, Implementation support with Technology teams
Partner with Technology, Risk Policy, Governance, and Product teams to ensure seamless execution and timely delivery
Communicate complex analytical concepts clearly to both technical and non‑technical audiences through compelling storytelling and presentations

Fulltime

Credit Risk Analytics - Analyst II

The Credit Portfolio Analyst II is an intermediate-level position responsible fo...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

1-3 years of experience in credit risk analysis or corporate banking
Experience in financial analysis, accounting, and valuation
Knowledge of accounting and corporate finance, financial modeling, credit and banking products, credit analytics, risk assessment, and transaction execution
Familiarity with data interpretation and ability to challenge decisions based on data analysis
Basic 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
Ability to interpret data, make sound decisions, and challenge the basis of the analysis
Adds value and contributes to the success of the team
Understands and challenge various risk factors including stress testing, collateral risk and volatility, concentration risks, and liquidity
Clear and concise written and verbal communication
Ability to work with little direction and in a team

Job Responsibility

Conduct risk assessments and client credit analyses with supervision
Review financial results and peer analyses to support the preparation of financial projections
Assist in the preparation of green-light and transaction approval memos
Support due diligence activities and the building of cash flow models and sensitivity analyses
Escalate credit concerns and updates to senior risk and business managers
Support the proposal of risk mitigation actions by staying informed of related developments in the portfolio and industry, and by understanding the credit process, policies, and Citi's risk appetite
Assist with portfolio review preparation and the conduct of stress tests
Build working relationships with various teams across the bank, including deal, coverage, and product teams
Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets
Support compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment, and escalating, managing, and reporting control issues with transparency

Fulltime

Credit Risk Analytics - Analyst II

The Credit Portfolio Analyst II is an intermediate-level position responsible fo...

Location

India , Haryana, India, Pune, Maharashtra

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

2+ years of experience in credit risk analysis or corporate banking
Knowledge of accounting and corporate finance, risk management, credit and banking products, credit analytics, risk assessment, and transaction execution
Familiarity with data interpretation and ability to challenge decisions based on data analysis
Basic 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
Ability to interpret data, make sound decisions, and challenge the basis of the analysis
Clear and concise written and verbal communication
Ability to work with little direction and in a team
Problem-solving skills to identify, analyze, and challenge basic problems
Familiarity with risk management software and other relevant technologies
Adaptability and flexibility to respond to ad-hoc requests and changes in the regulatory environment

Job Responsibility

Conduct risk assessments and client credit analysis with supervision
Review financial results and peer analyses to support the preparation of financial projections
Assist in the preparation of green-light and transaction approval memos
Support due diligence activities and the building of cash flow models and sensitivity analyses
Escalate credit concerns and updates to senior risk and business managers
Support the proposal of risk mitigation actions by staying informed of related developments in the portfolio and industry, and by understanding the credit process, policies, and Citi's risk appetite
Assist with portfolio review preparation and the conduct of stress tests
Build working relationships with various teams across the bank, including deal, coverage, and product teams
Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets
Support compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment, and escalating, managing, and reporting control issues with transparency

Fulltime

Credit Risk Analytics - Analyst II

The Credit Portfolio Analyst II is an intermediate-level position responsible fo...

Location

India , Bengaluru; Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

2+ years of experience in credit risk analysis or corporate banking
Experience in financial analysis, accounting, and valuation
Knowledge of accounting and corporate finance, financial modeling, credit and banking products, credit analytics, risk assessment, and transaction execution
Familiarity with data interpretation and ability to challenge decisions based on data analysis
Basic 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
Ability to interpret data, make sound decisions, and challenge the basis of the analysis
Clear and concise written and verbal communication
Ability to work with little direction and in a team
Problem-solving skills to identify, analyze, and challenge basic problems
Familiarity with risk management software and other relevant technologies

Job Responsibility

Conduct risk assessments and client credit analyses with supervision
Review financial results and peer analyses to support the preparation of financial projections
Assist in the preparation of green-light and transaction approval memos
Support due diligence activities and the building of cash flow models and sensitivity analyses
Escalate credit concerns and updates to senior risk and business managers
Support the proposal of risk mitigation actions by staying informed of related developments in the portfolio and industry, and by understanding the credit process, policies, and Citi's risk appetite
Assist with portfolio review preparation and the conduct of stress tests
Build working relationships with various teams across the bank, including deal, coverage, and product teams
Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets
Support compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment, and escalating, managing, and reporting control issues with transparency

Fulltime

Model Monitoring and Business Analytics - Analyst II

This position within Global Consumer Banking will focus on model performance Mon...

Location

India , Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Advanced Degree (Bachelors required or Masters preferred) in Statistics, Computer Science, Operations Research, Economics, etc.
Strong programming (SAS, SQL, Python, Tableau, etc.) skills
Experience in reporting tools - Excel, Tableau
Understanding of traditional modeling processes (linear/ logistic regression, segmentation, decision tree) and machine learning algorithms (Random Forest, Gradient Boosting, XG Boost, SVM, etc.), time series, linear/nonlinear optimization
Understanding of relevant model metrics / KPIs & bring out insights on model performance tracking
Good communication skill to communicate technical information verbally and in writing to both technical and non-technical audiences is a must
Extensive experience in model monitoring/validation, performance scorecards, etc. in Excel, Tableau, Cognos, etc.
2+ years monitoring, reporting & analytics experience
Experience in reporting (risk/marketing) in portfolio reporting, model monitoring, generating business insights

Job Responsibility

Perform Root Cause Analysis explaining model performance to second line of defense and Policy teams for Business risk decisioning
Analyze & bring out Insights for Credit Risk Non-Regulatory Scoring/ Non-Scoring Segmentation models adding business value
Present model performance to senior stakeholders, CROs, Risk Policy managers, Sponsors explaining the heath of the model
Partnering with Risk Policy leads to help understanding the levers / cut off adjustments required in scores baked in Risk strategies
Explain model performance to second line (Model Risk Management) of defense providing rational for model performance deterioration
Respond to queries from 3rd Line of Defense (Internal and External Auditors) on model performance
Work effectively across cross functional teams - Development, Implementation, Policy, Validation and Governance teams
Perform analysis for benchmark models and other ad hoc analysis as required by business/validation teams
Develop knowledge and drive discussions on Model usage across channels, score range with Risk Strategy managers
Conduct QA/QC on all steps required for model monitoring and production forecast reporting

Fulltime

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Regulatory Risk Model Development Analyst II

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