C13 - Unsecured CCAR Model Monitoring | [WK510]

C13 - Unsecured CCAR Model Monitoring | [WK510]

13 Oct
Bangalore Rural

13 Oct


Bangalore Rural

Bengaluru, Karnataka

10+ years experience

This position will focus on model performance tracking, annual model review, production support, and model implementation of CCAR/DFAST/ICAAP and CECL stress loss models for Citi's unsecured portfolios, including credit cards, personal installment loans and ready credit.

Roles and Responsibility:

- Obtain modeling code from developers, implement in a production environment, and support UAT
- Download and process updated data from countries/regions and/or IT to run primary & benchmarking CCAR and CECL models to assist countries/regions in their use of the CCAR/DFAST/CECL models in business activities
- Run quarterly model performance back-testing, sensitivity analysis,

and other required model performance analysis for production models
- Perform formal annual model review according to MRM’s guidance and standards. Respond to MRM’s questions as needed
- When forecast or performance shifts are observed, perform diagnostic analytics around drivers including standard reporting as well as drill down analytics
- Explain model results and review drivers of observed gaps or deterioration in model performance with regional/country risk managers and internal model development teams.
- Create code packages and document all production, implementation, and monitoring related activities including QA/QC steps in model documents and production/implementation/monitoring manuals


- Advanced Degree (Bachelor’s required and Master’s preferred) in Statistics, Computer Science, Applied Mathematics, Operations Research, Economics, or other highly quantitative discipline
- 10+ years production and monitoring experience

- Strong programming skills (SAS, R, Python, etc.)
- Manage a 5+ member team
- Manage overall delivery of performance monitoring and production reports, AMRs and all other ad-hoc reports and analysis for all unsecured CCAR/CECL models
- Ability to manage work and relationships in cross functional teams, including country/region’s business stakeholders, model validation and governance teams, and model implementation team
- Effectively coordinate with model developers/SMEs to analyze model performance breaches, forecast results and explain to both technical and non-technical senior audience.
- Present/review reports/analysis with governance teams for approvals
- Exposure to internal model review functions and/or external regulators and internal audit functions.
- Manage training, coaching/mentoring, and career management of team members
- Expertise in model production, implementation, and model tracking processes across consumer products and/or business lines - international a plus
- Experience in developing automated production, reporting suite, and visualization tools preferred
- Basic understanding of modeling processes (regression, time series, decision tree, etc.) would be desirable.
- Expected to manage own projects independently.
- Ability to work effectively in cross functional teams, including model development, country/region’s business stakeholders, model validation and governance teams, and model implementation team
- Documentation of model production and performance reports for internal oversight/regulatory submission
- Good communication skill to explain technical information verbally and in writing to both technical and non-technical audiences, with attention to detail


Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - IN


Time Type :Full time


Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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