CrawlJobs Logo
Citi Logo Citi · Finance

Risk Model Development Analyst II

India, Bengaluru · Job Posted March 04, 2026
Apply Position
Job Link Share

Job Description

Citi’s Risk Modeling Solutions department is responsible for the development, delivery, and monitoring of all credit risk models across Citi’s consumer lending portfolios globally. These models span two core activities; granting and managing credit to individual customers and delivering loss forecasts for stress testing (ex. CCAR), loan loss reserving (ex. CECL), and business planning.

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

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
  • PhD degree in Statistics, Economics, Finance, Biomedical Engineering or other quantitative discipline preferred

Nice to have

  • Experience of end-to-end credit risk modeling
  • Experience of CCAR and CECL
  • Strong programming (SAS, SQL, Python, R, etc.) and quantitative analytics skills
  • PhD degree in Statistics, Economics, Finance, Biomedical Engineering or other quantitative discipline
Citi - All Job Offers

Looking for more opportunities?

Search for other job offers that match your skills and interests.

Suggested Tags: Frontend Developer Secretary Talent Manager Salesforce Administrator Data Analyst
Similar Jobs for

Risk Model Development Analyst II

8 matching positions

Climate Risk Model Development – Analyst II

Citi’s Risk Modeling Solutions department is responsible for the development, de...
Location
Location
India , Bengaluru
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
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
Read More
Arrow Right

Climate Risk Model Development – Analyst II

Citi’s Risk Modeling Solutions department is responsible for the development, de...
Location
Location
India , Bengaluru, Karnataka, India, Gurgaon, Haryana, India
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
  • PhD degree in Statistics, Economics, Finance, Biomedical Engineering or other quantitative discipline preferred
Job Responsibility
Job Responsibility
  • Participate in building champion/benchmark models for climate risk stress testing 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
  • Fulltime
Read More
Arrow Right

Regulatory Risk Model Development Analyst II

Citi’s Risk Modeling Solutions department is responsible for the development, de...
Location
Location
India , Haryana, Bengaluru
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
  • 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
Job Responsibility
  • Participate in building champion/benchmark models for CCAR, CECL, IFRS9, 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
Read More
Arrow Right

Risk Decision Model Development Analyst II

This position is with US Consumer Cards (USCC) Risk Modeling Solutions (RMS). Th...
Location
Location
India , Bengaluru
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
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
Read More
Arrow Right

Credit Risk Analytics - Analyst II

The Credit Portfolio Analyst II is an intermediate-level position responsible fo...
Location
Location
India , Mumbai
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
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
Read More
Arrow Right

Credit Risk Analytics - Analyst II

The Credit Portfolio Analyst II is an intermediate-level position responsible fo...
Location
Location
India , Haryana, India, Pune, Maharashtra
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
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
Read More
Arrow Right

Credit Risk Analytics - Analyst II

The Credit Portfolio Analyst II is an intermediate-level position responsible fo...
Location
Location
India , Bengaluru; Mumbai
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
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
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
Read More
Arrow Right

Business Model Validation and Implementation Analyst II

Citi’s Risk Modeling Solutions department is responsible for the development, de...
Location
Location
India , Pune; Bengaluru
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • 2+ years’ experience
  • Coding experience in C or Python
  • SAS and SQL a plus
  • Excellent ability to develop partnerships across multiple business and functional areas
  • Strong written and oral communication skills
  • Excellent quantitative and analytic skills
  • Develops strong working relationships that foster cooperation and respect
  • BA/BS degree in Computer Science, Computer Information Systems, Mathematics, Engineering or equivalent experience
Job Responsibility
Job Responsibility
  • Develop, test, validate, and implement Risk Model code packages following SDLC principles
  • In a Linux environment, utilize C and Python to develop code packages
  • Develop Linux scripts to fully automate the execution of production processes
  • Create job/schedules in scheduling tool
  • Provide analysis and detailed results of data analysis and project deliverables
  • Provide analytic support of internal processes by evaluating production data and providing ongoing support in the monitoring of production environment
  • Provide ad-hoc support for Risk Teams
  • Identify issues, document root cause and propose solutions
  • Development and maintenance of system documentation to include process flow designs, charts, decks, etc.
  • Fulltime
Read More
Arrow Right