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Job Overview
Role Summary
This is a senior individual contributor role within the first-line-of-defense (1LoD) that plays a lead operational role in executing and maintaining the business line's compliance with the enterprise-wide Model Risk Management (MRM) Policy. This role owns end-to-end governance activities across the model lifecycle, acting as a subject matter expert and primary day-to-day liaison with Model Sponsors, Model Developers, and the second-line-of-defense (2LoD) Independent Risk Management (IRM) organization.
This role operates with a high degree of independence, exercises sound judgment on complex model risk matters, and supports the Head of MRM Governance (C14) in delivering strategic objectives for the function.
Key Responsibilities
Framework Execution & Advisory:
- Execute and monitor the business line's adherence to the Citi MRM Policy, Standard, and Execution Manual, identifying gaps and recommending corrective actions.
- Serve as a subject matter expert and day-to-day point of contact for Model Sponsors on policy interpretation and governance requirements.
- Represent the business line in working-level meetings with the central MRM organization and support preparation for Internal Audit and regulatory engagements.
- Prepare materials, briefings, and updates for Segment Model Risk Councils on behalf of the Head of MRM Governance.
Model Lifecycle Governance:
- Model Identification: Lead the ongoing process to identify quantitative methods, systems, and approaches that may qualify as models; assess scope and coordinate submissions to MRM for determination.
- Development & Documentation:
- Partner closely with Model Sponsors to ensure Model Development Document
📌 Model Risk Mgmt Governance Sr. Lead Analyst (Chennai)
🏢 Citi
📍 Chennai
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