Regulatory Risk Model Development - RMS - Senior Vice President

Citi; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Citi is seeking a senior risk analytics leader to guide model development and validation across market, credit, and operational risk. You will manage multiple teams, drive data-driven decision making, and ensure compliance with regulatory standards.

The role requires 13+ years in analytics, strong modeling expertise, and the ability to present complex insights to senior stakeholders in a clear, actionable way.

Qualifications

• 13+ years of experience in risk analytics and model development.
• Strong knowledge of modeling concepts and industry best practices.
• Ability to communicate complex risk insights to senior leaders.

Responsibilities

• Develop, validate, and deploy risk models across market, credit, and operational risk.
• Lead model development teams including budgeting, hiring, and performance reviews.
• Ensure compliance with internal and external guidelines; manage data science projects end-to-end.

Skills

Statistical modeling

Data analysis

Big data

Executive presentations

Education

Bachelor’s degree

Masters degree

Tools

SAS

SQL

R

C programming in UNIX

Job description

The Model/Anlys/Valid Group Mgr is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area.

Responsibilities:

• Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational. Also, may develop, validate and strategize uses of scoring models and scoring model related policies.
• Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.
• Develop models and oversee model development, validation, and deployment efforts.
• Advances Risk Management methodology and integrate models into business decisions and planning.
• Manage successful annual quantitative and qualitative assessments and submissions.
• Works with large datasets and complex algorithms to solve data science challenges.
• Leverages big data to develop innovative deployable solutions.
• Help introduce best-in-class, cutting edge Model techniques to drive profitability through innovation.
• Ensures timely model performance tracking, and assist in process automation to drastically improve process/operation efficiencies (where possible) that will enable the business to make rapid decisions against market condition changes
• Ensures the compliance of development and validation of models with respect to internal and external guidelines.
• Supports the development of training curriculum and standards
• Partners with Risk and Decision Management organizations to understand the source of new data and continue to improve the process of defining, extracting and utilizing the new data
• Interacts with senior levels of management to facilitate understanding of usage of risk models and inform critical decisions.
• Provide leadership and guidance for junior modelers.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 13+ years experience
• Sound knowledge of statistical modeling concepts and industry best practices; experience with econometric and statistical modeling or application risk scoring.
• Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis.
• Experience with analytical or data manipulation tools (e.g. SAS, SQL, R, C Programming in UNIX) Proficient with MS Office suite.
• Ability to deliver compelling presentations and influence executive audiences.
• Excellent communicator; ability to engage and inspire team forward.
• Ability to drive innovation via thought leadership while maintaining end-to-end view.
• Effective cross-functional project, resource, and stakeholder management; effectively engage with internal audit and external regulators.
• Experience working in Big data environments; Intellectual curiosity to stay abreast of technological advances.

Education:

• Bachelor’s/University degree or equivalent experience, potentially Masters degree

Job Family Group:

Risk Management

Job Family:

Model Development and Analytics

Time Type:

Full time

Most Relevant Skills:

Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

Other Relevant Skills:

For complementary skills, please see above and/or contact the recruiter.

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