Citi Group Model/Anlys/Valid Analyst II - C10 

India, Karnataka, Bengaluru 

346456406

Model Risk Management (“MRM”) provides oversight for the MRM Framework, which consists of the policy, processes, and procedures.

The validator role will be part of the Consumer Valuation Models group within Model Risk Management. His/her primary function is to conduct validation activities for Consumer risk scoring and segmentation models. The role is very critical to the organization as the authorization on the use of the BAU models is based on MRM’s validation results. The member will adhere to the MRM’s firm-wide policy, procedures, and guidelines

Key Responsibilities

Conduct model assessment as per the requirements outlined in the MRM Policy, Procedures, and Guideline

Provide effective challenge to the model design and construction and conduct incremental analysis and testing as necessary

The assessment also requires writing a comprehensive validation report based on his / her judgment of the validation results

Identify model limitations and ensure the appropriate remediation actions are in place and monitored

Challenge and continually improve MRM Guidelines on modeling approaches and model performance testing

Contribute to strategic, cross-functional initiatives within MRM organization

Required Qualifications

Masters with a specialization in Statistics, Mathematics, Finance or other quantitative discipline

Higher academic qualifications and/or certifications such as a PhD, a second Master’s degree, CPA or CFA is an advantage

Industry experience of 2-4 years and have strong written and oral communication skills

Knowledge in programming skills (SAS, SQL, R, Python etc.) or tools like VBA preferable

Good understanding of model development and validation testing techniques covering risk models

Knowledge of financial institution/ banking domain

Time Type:

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