SVP-Regulatory Risk Modeling Lead- Secured Products

14-17 years
1 Applied
Job Description



This role will provide centralized modeling support for critical regulatory and risk models across consumer portfolios of Citi in APAC. Ensure consistent standardized best I class modeling in adherence to global and local regulatory policies.
The position will manage a team of highly skilled modelers for developing CCAR/DFAST, CECL and IFRS-9 loss models for APAC secured portfolio (e.g. home equity and mortgage). Responsibilities include, but are not limited to, the following activities:

  • - Oversee development and documentation of loss forecasting models used for CCAR, CECL and IFRS-9
  • - Support Model Owners in the model submission and review process
  • - Oversee and provide analytic support to countries regarding model performance and forecast projections
  • - Manage development schedule implementation schedule production schedule and monitoring schedule.
  • - Manage relationship with Central CCAR team, Model Sponsors, Model Risk Management, Functional Review, and Audit for projects
  • - Subject Matter Expert responsible for addressing regulatory questions about models and processes.

In addition, incumbent will be key member of local leadership team of RMU India and will play a key role in recruitment, training and management of India staffs in direct control as well broader RMU India unit.
Skill sets required:
Functional:
  • In-depth understanding of credit risk modeling specifically regulatory modeling for secured portfolio.
  • Understanding of capital/reserve planning process.
  • In-depth understanding of consumer lending products
  • Strong advanced statistical programming

Leadership:
  • Strong team management- ability to manage motivation of niche talents in meeting critical regulatory deliverables often under stretch timelines.
  • Managing interaction of multiple senior stakeholders and review functions

Technical:
  • Strong advanced statistical programming
  • Strong quantitative risk modeling
  • In-depth understanding capital/Loss reserving process
  • In-depth understanding of consumer lending products

Qualifications:
Masters in quantitative disciplines (mathematics, statistics, economics, MBA finance or other quantitative fields), Ph.D. preferred.
14+Years quantitative analytics experience
In-depth understanding of risk modeling specifically regulatory modeling.
Understanding of capital/reserve planning process.
Strong experience of managing senior stakeholders
In-depth experience of mortgage/HELOC/HELOAN credit risk modeling (preferred)
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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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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.
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About
Job Source: jobs.citi.com

Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is incorporated in Delaware.