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Urgent! Loss Forecasting and Stress Testing Analytics Intmd Analyst Job | Citi
Integral to Citi Cards‘ success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi’s interests.
NA Cards Risk Management division comprises of highly qualified individuals spread across the globe.
Position Summary:
The role is within the Credit 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 $200BN + 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 be responsible for NA Cards and Personal Installment Loan (PIL) Credit Loss / Loan Loss Reserve Forecasting and Stress Testing including Comprehensive Capital Analysis & Review (CCAR/DFAST) for specific NA Cards and PIL sub-portfolios.
The individual should demonstrate strong thought leadership and is expected to leverage technical and business acumen and functional experience in order to deliver high quality results.
The individual will also collaborate with Modeling, Finance, Risk Policy, Governance, Global CCAR office, and External Auditors.
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 various key stake-holders and senior management across the NA Cards organization; hold meaningful discussions and present to various review and challenge teams, internal and external auditors and regulators; 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:
Qualifications:
Leadership Competencies:
About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.
Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Model Development and Analytics------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Analytical Thinking, Business Acumen, Constructive Debate, Data Analysis, Escalation Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Statistics.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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Unlock Your Loss Forecasting Potential: Insight & Career Growth Guide
Real-time Loss Forecasting Jobs Trends in Gurgaon, India (Graphical Representation)
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Great news! Citi is currently hiring and seeking a Loss Forecasting and Stress Testing Analytics Intmd Analyst to join their team. Feel free to download the job details.
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An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Citi adheres to the cultural norms as outlined by Expertini.
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