Risk Modeling Governance & Control - Vice President, Citi

Citi

Location:
India, Bengaluru

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

This Model/Anlys/Valid Officer position will work within the Risk Model Management team to assist in the coordination of key governance and control activities across the Risk Modeling Solutions (RMS) team, which involves delivering risk models to drive credit management and stress testing while ensuring compliance and regulatory requirements.

Job Responsibility:

Assist with the Issue Management Process for Risk Modeling Solutions team, to ensure all aspects and requirements for the Global Issue Management Policy are covered
Assist with the ownership of Fair Lending and Legal compliance process for all of the risk models within Branded Cards
Coordinate and liaise with Policy and Development teams to assist with management of new model approval and model change from Fair Lending & Legal perspective across Risk Modeling Solutions
Use analytical framework to validate and regularly test models for Fair Lending compliance, and mathematically ascertain that quantitative models do not discriminate towards protected classes
Manages model risk across the model life-cycle including model validation, ongoing performance evaluation and annual model reviews
Produces analytics and reporting used to manage risk for Citi's operations
Communicates results to diverse audiences
Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
Also, may develop, validate and strategize uses of scoring models and scoring model related policies
Conducts analysis and packages it into detailed technical documentation report for validation purposes sufficient to meet regulatory guidelines and exceed industry standards
Participates on teams to solve business problems
Identifies modeling opportunities that yield measurable business results
Provides guidance to junior validators as and when necessary
Manages stakeholder interaction with model developers and business owners during the model life-cycle
Represents the bank in interactions with regulatory agencies, as required
Presents findings to senior management and supervisory authorities
Provides effective challenge to model assumptions, mathematical formulation, and implementation
Assesses and quantifies model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls
Contributes to strategic, cross-functional initiatives within the model risk organization
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Requirements:

10+ years experience in a relevant or analytics role, ideally in the financial sector
Proficient in Microsoft Office with an emphasis on MS Excel, ideally also experienced with Issue Management Tracking Software
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented
Demonstrated project management and organizational skills and capability to handle multiple projects at one time
Practical experience using SAS or similar statistical coding software to build, analyze and/or test prediction models
Comfortable interfacing with business clients
Proficiency handling large data sets
Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation
Good knowledge and understanding of a variety of model development and validation testing techniques covering risk models.

Additional Information:

Job Posted:
August 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Risk Modeling Governance & Control - Vice President