VP Model/Anlys/Valid Officer (Hybrid)
Company: Citi
Location: Wilmington
Posted on: May 24, 2023
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Job Description:
This position within Global Consumer Banking will develop
CCAR/CECL/IFRS9 loss models for consumer and small business
portfolios (e.g., credit cards, installment loans, ready credit
etc.).
Responsibilities:
The responsibility includes but not limited to the following
activities:
Obtain and conduct QA/QC on all data required for CCAR/CECL/IFRS9
model development
Develop segment and/or account level CCAR/CECL/IFRS9 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/IFRS9 models built
Qualifications:
6+ years for Bachelor's or 2+ years for Master's in performing
quantitative analysis, statistical modeling, loss forecasting, loan
loss reserve modeling, and/or particularly econometric modeling of
consumer credit risk stress losses (e.g., CCAR/DFAST)
Experience with dynamics of consumer products, with international
experience 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, & model production implementation)
Exposure to various CCAR/CECL/IFRS9 modeling approaches at the
segment or account level preferred
Exposure to project management of model development initiatives and
prepare technical responses/presentations to internal model review
functions and/or external regulators (e.g., FRB, OCC, FDIC) and
internal audit functions
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
Educations
6+ years for Bachelor's or 2+ years for Master's
Advanced Degree ( Masters, PhD preferred) in Statistics,
Mathematics, Operations Research, Economics, Financial Engineering,
Mathematical Finance, Industrial Engineering, Data Science, and
other highly quantitative disciplines
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Job Family Group:
Risk Management
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Job Family:
Risk Analytics, Modeling, and Validation
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Time Type:
Full time
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Primary Location:
Wilmington Delaware United States
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Primary Location Salary Range:
$121,560.00 - $182,340.00
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Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to
their race, color, religion, sex, sexual orientation, gender
identity, national origin, disability, or status as a protected
veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified
interested applicants to apply for career opportunities. If you are
a person with a disability and need a reasonable accommodation to
use our search tools and/or apply for a career opportunity review
Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law
Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
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Effective November 1, 2021, Citi requires that all successful
applicants for positions located in the United States or Puerto
Rico be fully vaccinated against COVID-19 as a condition of
employment and provide proof of such vaccination prior to
commencement of employment.
Keywords: Citi, Wilmington , VP Model/Anlys/Valid Officer (Hybrid), Executive , Wilmington, Delaware
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