Citi Bank is Hiring for Risk Analytics, Modeling, and Validation Roles. Any Graduate Check role, salary, location and more details
Citi Bank job Overview
- Company –Citi Bank
- Role – Risk Analytics, Modeling, and Validation
- Qualification – Masters
- Location – Gurgaon, Bengaluru (Hybrid)
- Experience – 2 – 4 Years
JOB DESCRIPTION
Model Risk Management (“MRM”) provides oversight for the MRM Framework, which consists of the policy, processes, and procedures.
The team is responsible for development and maintenance of Model Risk Management Policy and procedures, for evaluation and approval of high, medium and low risk models used in global consumer risk management.
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.
Roles and 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
BASIC 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
Apply link
HDFC Bank Jobs 2024 | Freshers Eligible | Any Graduate can apply
ICICI Bank jobs 2024 | Any Graduate can apply; Check details now
Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information.