Svp- Ccar model developer, Citi

Citi

Location:
India, Mumbai

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Model/Anlys/Valid Group Mgr is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area.

Job Responsibility:

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval
Develop models and oversee model development, validation, and deployment efforts
Advances Risk Management methodology and integrate models into business decisions and planning
Manage successful annual quantitative and qualitative assessments and submissions
Works with large datasets and complex algorithms to solve data science challenges
Leverages big data to develop innovative deployable solutions
Help introduce best-in-class, cutting edge Model techniques to drive profitability through innovation
Ensures timely model performance tracking, and assist in process automation to drastically improve process/operation efficiencies (where possible) that will enable the business to make rapid decisions against market condition changes
Ensures the compliance of development and validation of models with respect to internal and external guidelines
Supports the development of training curriculum and standards
Partners with Risk and Decision Management organizations to understand the source of new data and continue to improve the process of defining, extracting and utilizing the new data
Interacts with senior levels of management to facilitate understanding of usage of risk models and inform critical decisions
Provide leadership and guidance for junior modelers
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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Requirements:

10+ years experience
Sound knowledge of statistical modeling concepts and industry best practices
experience with econometric and statistical modeling or application risk scoring
Excellent quantitative and analytic skills
ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
Experience with analytical or data manipulation tools (e.g. SAS, SQL, R, C Programming in UNIX)
Proficient with MS Office suite
Ability to deliver compelling presentations and influence executive audiences
Excellent communicator
ability to engage and inspire team forward
Ability to drive innovation via thought leadership while maintaining end-to-end view
Effective cross-functional project, resource, and stakeholder management
effectively engage with internal audit and external regulators
Experience working in Big data environments
Intellectual curiosity to stay abreast of technological advances
Bachelor’s/University degree or equivalent experience, potentially Masters degree

Additional Information:

Job Posted:
July 01, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Svp- Ccar model developer