This listing was posted on WhatJobs.
Description: This position within Global Consumer Banking
Location:
Wilmington, DE
Description:
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 responsibilities include but not limited to the following activities: - Obtain and prepare model development 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 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 - Proficiency in Python / SAS/SQL/Oracle/Unix/Microsoft Word, Excel and PowerPoint, or similar programming languages. - 0-3 years’ experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and particularly econometric modeling of consumer credit risk stress losses (e.g., CCAR/DFAST) and educational equivalent. - 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 - Experience with dynamics of unsecured products, with international experience a strong plus - Able to communicate technical information verbally and in writing to both technical and non-technical audiences ------------------------------------------------- Job Family Group: Risk Management ------------------------------------------------- Job Family: Risk Analytics, Modeling, and Validation ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Primary Location: Wilmington Delaware United States ------------------------------------------------------ Primary Location Salary Range: $96,400.00 - $144,600.00 ------------------------------------------------------ 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
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More About this Listing: Description: This position within Global Consumer Banking
Description: This position within Global Consumer Banking is a Banking Jobs Banker Job at Citi located in Wilmington DE. Find other listings like Description: This position within Global Consumer Banking by searching Oodle for Banking Jobs Banker Jobs.
Description: This position within Global Consumer Banking is a Banking Jobs Banker Job at Citi located in Wilmington DE. Find other listings like Description: This position within Global Consumer Banking by searching Oodle for Banking Jobs Banker Jobs.