Credit Risk Analyst

Citibank N.A.; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Credit Risk Analyst to join their dynamic team in Singapore. This role offers a unique opportunity to leverage your analytical skills and contribute to critical financial processes, including IFRS9 provisioning and stress testing. You'll be at the forefront of risk management, utilizing advanced statistical tools and collaborating with senior management to ensure compliance and optimize financial strategies. If you're passionate about data and risk analysis, this position provides a platform for professional growth and the chance to make a tangible impact in a global banking environment.

Qualifications

• 2-4 years of experience in consumer risk management preferred.
• Strong analytical skills and ability to communicate findings clearly.

Responsibilities

• Contribute to IFRS9 provisioning and stress testing submissions.
• Analyze model outputs and prepare risk management presentations.

Skills

Data Analysis

Financial Analysis

SAS Programming

Communication Skills

Networking

Education

Degree in Data Science

Degree in Statistics

Degree in Quantitative Studies

Tools

SAS

Microsoft Excel

Microsoft PowerPoint

Job description

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi Global Wealth (CGW) brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices. The strategies we create help our clients maintain liquidity while maximizing yields, transact in foreign currency and across borders, and manage fluctuating expenses or cash flow. We are uniquely suited to helping our clients meet their banking needs across regions through our global network.

About Citibank

Citibank serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey. Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services and digital capabilities to clients across the full spectrum of consumer banking needs worldwide.

Position Overview

We’re currently looking for a high caliber professional to join our team as Credit Risk Analyst based in Singapore. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and manage your financial well-being to help plan for your future.

Responsibilities

1. Contribute to the quarterly submissions for IFRS9 provisioning process, work with finance stakeholders to ensure timely submission of the provision numbers.
2. Contribute to the quarterly/annual submissions for Stress Testing, regulatory and non-regulatory (CCAR/ICAAP/IWST) submission for loss forecasting.
3. Manage stress tests for the entire credit spectrum across multiple products (retail) and prepare risk management presentations for senior management.
4. Analyze model outputs and relate to portfolio and macroeconomic trends.
5. Utilize Statistical Analysis System (SAS) to perform risk, financial, and data analyses including profiling, sampling, reconciliation, and quality testing.
6. Participate in developing, testing, and optimizing statistical risk models, ensuring consistency and regulatory compliance for loss forecasting and IFRS9 provisioning with Model Developers.
7. Perform Model Monitoring, Validations as per Model Risk Management Guideline.
8. Manage IFRS9 provisioning for the entire credit spectrum across multiple products and prepare risk management presentations for senior management.
9. Assess provision adequacy, ensuring compliance with applicable laws, rules, and regulations, and escalate issues transparently.

Qualifications

1. Degree in data science, statistics, or quantitative studies, with 2-4 years of experience, preferably in consumer risk management.
2. Strong portfolio, analytical, and financial analysis skills, with ability to communicate findings clearly.
3. SAS programming capability (preferred); strong analytical skills; proficient in Microsoft Excel and PowerPoint.
4. Ability to network effectively across functions and multitask in a fast-paced environment.

Additional Information

Job Family Group: Risk Management

Job Family: Country Risk

Time Type: Full time

Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For accommodations, review Accessibility at Citi.