The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing team. This group is specifically tasked with calculating and managing the net credit loss and loan loss reserve forecast on a $150BN + portfolio and working with the Finance teams to build forecasts for credit losses and loan loss reserves under varying macro-economic and business conditions. The individual will work on efforts around Comprehensive Capital Analysis & Review (CCAR/DFAST) for retail portfolios with primary focus on NA cards.
The individual should demonstrate robust work ethic, teamwork, quantitative and problem-solving skills. The individual is expected to leverage technical and business acumen to deliver high quality results. Responsibilities include but are not limited to understanding the key drivers of losses and loan loss reserves, their relative importance and the current trends; apply this knowledge effectively to forecast losses / loan loss reserves meaningfully and accurately; analyze underlying model outputs relative to other business,



ensure that the models provide rational and logical output, Reconcile detailed financial data from disparate data sources, be able to present the findings to their manager and various key stake-holders; ensure best in class governance and documentation practices for these functions; drive process efficiencies through automation for the underlying data, forecasting and reporting processes.
Key Responsibilities:
Work independently to effectively execute:
Quarterly loss / loan loss reserve forecasting and stress testing processes (CCAR, QMMF, Recovery Plan) deliverables for one or more retail portfolios with primary focus on NA cards
Associated governance activities (Manager Control Assessment, End User Computing, Activity Risk Control Monitoring and its Assessment Units)
Cross-portfolio and cross-functional collaboration on loss / loan loss reserve forecasting and stress testing analytics
Assist in review and challenge of existing mod

📌 Loss Forecasting and Stress Testing Analytics (Mumbai)
🏢 12542 Citicorp Services India Private
📍 Mumbai