- Reliably execute and demonstrate leadership on:Quarterly loss / loan loss reserve forecasting and stress testing processes (CCAR, QMMF, Recovery Plan) deliverables for one or more NA Cards portfolios, andAssociated 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
- Review and challenge existing models, and model outputs to identify areas of improvement relative to portfolio & macro-economic trends.
- Understand the calculation of reserves, components of P&L, and the impact of CECL on CCAR results besides understanding the synergies between two processes
- Partner with Finance team to complete requests on financial planning & CCAR/DFAST results and increased integration of credit risk & PPNR results
- Collaborate with Risk Modeling, Portfolio and New Account Forecasting, Data and Reporting teams
- Create presentations with supportive analysis, storyboard results, and lead discussions with senior management, Finance heads, Independent Risk; required as part of the business review and effective challenge process
- Establish and continually evolve standardized business and submission documentation
- Coordinate with Global CCAR Office, drive centralized reporting requirements, and communicate with Auditors and Regulators
- Partner with Risk and Finance organization to understand sources of data and continue to improve the process of defining, extracting and utilizing data.
- Identify areas of improvement in BAU and drive process efficiency through process simplification and automation (VBA, SAS, etc.)
- Manage information controls (version control, central results summary) to meet business objectives with utmost clarity
- Bachelor's degree in a quantitative discipline: Mathematics, Sciences, Economics, Management, Operations Research, Engineering and Statistics (Master's degree in an analytical field is a plus).
- 8+ years of work experience in financial services or management consulting.
- Strong understanding of risk management. Knowledge of credit card industry and Knowledge of credit card industry and key regulatory activities (CCAR) are a plus.
- Strong understanding and hands-on experience with econometric and empirical forecasting models
- Strong CCAR / DFAST/Stress Testing experience is preferred
- Broad understanding of overall business model and key drivers of P&L.
- 5+ years of experience in using analytical packages, SAS, datacube/Essbase, MS Office (Excel, Powerpoint)
- Vision and ability to provide innovative solutions to core business practices.
- Ability to develop partnerships across multiple business and functional areas.
- Strong written and oral communication skills.
- Capability and experience to drive changes in order to achieve business targets
- Senior executive interactions - can present credibly to both large and small groups
- Strong interpersonal skills and ability to influence at all levels of management
- Displays flexibility to work well with varying personal styles
- Takes personal responsibility to lead by example. Understands and appreciates diverse backgrounds.
- Demonstrates strong ethics
- Develops strong cross-functional relationships within and outside Risk Management
- Contributes to a positive work environment; shares knowledge and supports diversity
-
Stress Test Technician
1 day ago
Guru Nanak Hospital Mumbai, IndiaExperience: 2-3 Years Exp · Description: For ECG, 2d Echo, Stress test+ Medical Typist With 2-3 Years Exp. ...
-
Stress Testing Implementation
1 day ago
Skillventory Mumbai, India**Stress Testing Implementation**: · - From 2 to 6 year(s) of experience · - ₹ Not Disclosed by Recruiter · - Mumbaior · **Roles and Responsibilities** · Roles and Responsibilities · **1) Implementing Shocks of various scenarios in Front Office Systems** · a. Understanding of var ...
-
Stress Testing Model Validator
5 days ago
Deutsche Bank Mumbai, India**Job Title: Model Validation Specialist** · **Corporate Title: AVP** · **Location: Mumbai** · **CRO Overview** · - The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and h ...
-
Stress Testing Model Validation
3 days ago
Deutsche Bank Mumbai, India**In Scope of Position based Promotions (INTERNAL only)** · **Job Title: Model Validation Specialist** · **Corporate Title: AVP** · **Location: Mumbai** · **Role Description** · The Chief Risk Office function has Group-wide responsibility for the management and control of all cre ...
-
Skillventory Mumbai, India**Stress Testing Implementation · - Investment Bank - Mumbai**: · - From 2 to 5 year(s) of experience · - ₹ Not Disclosed by Recruiter · - Mumbaior · **Roles and Responsibilities** · Role & Responsibilities: · 1) Implementing Shocks of various scenarios in Front Office Systems · ...
-
Avp- Loss Forecasting and Stress Testing
1 week ago
Citi Mumbai, Maharashtra, India**Responsibilities**: · - Provides risk strategic analytics and information management across Citibank products; facilitating data-quality and controls for other teams and managers. · - Provides regulatory risk project management support (business requirements, analysis and testi ...
-
Citi Mumbai, Maharashtra, IndiaResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. · - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaini ...
-
Avp- Stress Testing/loss Forecasting Model
1 week ago
Citi Mumbai, Maharashtra, IndiaResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. · - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaini ...
-
Stress Testing Model Validator
5 days ago
Deutsche Bank India, Mumbai Full timeStress Testing Model Validator - AVP · Position Overview · Job Title: Model Validation Specialist · Corporate Title: AVP · Location: Mumbai · CRO Overview · Overview · What We Offer You · We build talented and diverse teams to drive business results. We welcome applications fro ...
-
Citi Mumbai, India Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. · With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertainin ...
-
12542 Citicorp Services India Private Limited Mumbai, India Full timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. · With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertainin ...
-
Citi Mumbai, India Part timeResponsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. · With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertainin ...
-
Fp&a- Forecast Execution Target State Design
4 days ago
Citi Mumbai, India**FP&A Process Execution Target State Design (C12)** · **Overview of Citi Planning Transformation Initiative** · As part of Citi's Finance Transformation effort, the Planning Initiative is responsible for implementing a defined, integrated, agile, well-controlled, and governed en ...
-
Reporting Transformation
3 days ago
Citi Mumbai, India**Planning Transformation Reporting & Analytics (C12)** · **Overview of Citi Planning Transformation Initiative** · As part of Citi's Finance Transformation effort, the Planning Initiative is responsible for implementing a defined, integrated, agile, well-controlled, and governed ...
-
Fp&a - Planning Transformation Reporting &
1 week ago
Citi Mumbai, India**Mumbai Planning Transformation Reporting & Analytics (C12)** · **Overview of Citi Planning Transformation Initiative** · As part of Citi's Finance Transformation effort, the Planning Initiative is responsible for implementing a defined, integrated, agile, well-controlled, and g ...
-
Mechanical Test Intern
1 week ago
Miko Mumbai, India**Requirement & Skills: · - ** · - Bachelor's degree in Mechanical Engineering with at least 0-2 years of related experience. · - **Prepare and execute product design validation plan for component, submodules and product.**: · - **Testing Jigs and fixtures requirements, manufactu ...
-
Non Invasive Cardiology Technician
1 week ago
Kokilaben Dhirubhai Ambani Hospital Mumbai, India**Minimum 3+ years of experience is mandatory.** · **Location: Mumbai** · **Job description** · - Considerable knowledge of cardiovascular principles, procedures, techniques, and equipment involved in the performance of 2D Echo, Stress test & ECG. · - Ability to set priorities an ...
-
Market Risk Rates Associate
1 day ago
The Edge Asia Mumbai, IndiaOur client is one of the leading global financial services firms with an integrated global network spanning over 30 countries. We are currently looking for a skilled professional to join their Market Risk Management team in Mumbai. · **Key responsibilities**: · - Liaising with th ...
-
Non Invasive Cardiology Technician
1 week ago
Kokilaben Dhirubhai Ambani Hospital Mumbai, India**Minimum 2 years of experience is mandatory.** · **Location: Mumbai** · **Job description** · - Considerable knowledge of cardiovascular principles, procedures, techniques, and equipment involved in the performance of 2D Echo, Stress test & ECG. · - Ability to set priorities and ...
-
2d Echo Technician
1 week ago
Matoshree Gangubai Sambhaji Shinde Hospital Mumbai, India**1.Perform cardiac defibrillation, CPR, and initiate invasive procedures on patients in cardiac arrest**. · 2. Utilize 2D, 3D, m-mode, and color Doppler. Perform EKG's and treadmill stress testing. Perform stress echo's, dobutamine stress echo's and bubble studies. · HR Kanchan ...
AVP-Loss Forecasting and Stress Testing-C12(Hybrid) - Mumbai, India - Citi
Description
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 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 $90BN + 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 efforts around Comprehensive Capital Analysis & Review (CCAR/DFAST) for NA Cards portfolios.
The individual should demonstrate strong leadership skills and is expected to leverage technical and business acumen and leadership skills in order to deliver high quality results. The individual will 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. 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.
Job Family Group:
Risk Management
Job Family:
Regulatory Risk
Time Type:
Full time
