This listing was posted on WhatJobs.
This position within Global Consumer Banking will develop
Location:
Wilmington, DE
Description:
This position within Global Consumer Banking will develop CCAR/DFAST stress testing, loan loss reserve (CECL) and other regulatory models (IFRS9) for international unsecured portfolios (e.g., credit cards, installment loans, ready credit etc.). The responsibility includes but not limited to the following activities: - Obtain and prepare model development data and macroeconomic data- Select the champion modeling methodology after evaluating multiple options- Develop sophisticated statistical models to meet the regulatory requirements- Perform all required tests (e.g. sensitivity and back-testing)- Validate/recalibrate all models post-production 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 models built- Review production results and provide analytical support to inform business decisions Qualifications: - Advanced Degree (Masters required, PhD preferred) in Statistics, Mathematics, Operations Research, Economics, Financial Engineering, Mathematical Finance, Industrial Engineering, Data Science, and other highly quantitative disciplines- 6-8 years’ experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and econometric modeling- Experience with dynamics of unsecured products, with international experience a strong plus- Deep knowledge of macroeconomics and business cycles, experience with macroeconomic data- Active role in performing some analytical components of model development (data collection, data integrity check, segmentation analysis, variable transformation, variable selection, 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 ------------------------------------------------- Job Family Group: Risk Management ------------------------------------------------- Job Family: Risk Analytics, Modeling, and Validation ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Primary Location: Irving Texas United States ------------------------------------------------------ Primary Location Salary Range: $125,760.00 - $188,640.00 ------------------------------------------------------ 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
Company:
Citi
Posted:
January 1 on WhatJobs
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to WhatJobs
Important Safety Tips
- Always meet the employer in person.
- Avoid sharing sensitive personal and financial information.
- Avoid employment offers that require a deposit or investment.
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: This position within Global Consumer Banking will develop
This position within Global Consumer Banking will develop is a Banking Jobs Banker Job at Citi located in Wilmington DE. Find other listings like This position within Global Consumer Banking will develop by searching Oodle for Banking Jobs Banker Jobs.
This position within Global Consumer Banking will develop is a Banking Jobs Banker Job at Citi located in Wilmington DE. Find other listings like This position within Global Consumer Banking will develop by searching Oodle for Banking Jobs Banker Jobs.