Risk Model Development Analyst, Citi

Citi

Location:
India, Bengaluru

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Model/Anlys/Valid Analyst II is a developing professional role responsible for monitoring, assessing, analyzing and evaluating processes and data, identifying inconsistencies, and formulating recommendations on policies, procedures, or practices. This position within Global Consumer Banking will develop CCAR/DFAST stress loss models for secured portfolios.

Job Responsibility:

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
leads project in terms of development, programming, integration, testing, and validation of models
provides analytical support on analysis and benchmarking
prepares business as usual and ad-hoc reports in accordance with the Risk Management Teams priorities and requirements
participates in a project of constant improvement of risk analytics, modeling and validation systems and optimization of reports
works on constant improvement of reporting system and optimization of Credit MIS Reports
appropriately assess risk when business decisions are made
escalates, manages and reports control issues with transparency
develops segment and/or account level stress loss models
performs all required tests (e.g., sensitivity and back-testing)
delivers comprehensive model documentation
prepares responses/presentations for regulatory agencies on all regulatory models built.

Requirements:

Demonstrated programming (SAS, SQL, R, etc)
knowledge of tools like VBA preferable
basic knowledge of secured/unsecured banking products and US banking
good communication skill to communicate technical information verbally and in writing to both technical and non-technical audiences
proven analytical skills, with the ability to identify root causes and trends and anticipate horizon issues
proficient in Microsoft Office (Word, Excel, and PowerPoint)
2+ years experience in model implementation/validation/development preferable
Bachelor’s/University degree or equivalent experience
Advanced Degree (Masters required or PhD preferred) in Statistics, Applied Mathematics, Operations Research, Statistics, Economics, Quantitative Finance etc
experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and particularly econometric modeling of consumer credit risk stress losses
experience in model development or (risk/marketing)-credit scorecard development, Basel modeling, stress loss preferred or credit policy analytics
experience in end-to-end modeling 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
expected to work with moderate supervision and guidance
work as an individual contributor.

What we offer:

Citi is an equal opportunity employer
accessibility accommodations provided
global benefits ensuring employees can live well and save well.

Additional Information:

Job Posted:
July 09, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Risk Model Development Analyst