Job Description:

Assistant Vice President MRM - 19010554

Description

The role is a member of the firm-wide model validation team of Consumer Risk team, within the Model Risk Management Group The position is located in Mumbai His/her primary role is to evaluate conceptual soundness and model performance of consumer scoring and risk segmentation models The reviewer will adhere to the MRMs firm-wide policies and strategic requirements and direction
This role extends across all Citi segments and legal entities, giving the successful applicant exposure to the Consumer Bank

Specifically the role entails

Individual will be the subject matter expert responsible for evaluating conceptual soundness of scoring and risk segmentation models
Model evaluation will be as per the requirements outlined in the MRM Policies and Guidance related to Consumer Risk models
The evaluation also requires writing a comprehensive validation report based on his/her judgment of the evaluation results
The individual is also expected to contribute in developing/enhancing MRM Policy and Guidance
He/She will support MRM team leads for MRM purpose be it policy related work or model evaluations
He/She will be fully aware and be able to interpret the implication of policies and regulatory directives

Qualifications

Masters or Doctoral degree with a specialization in Statistics, Mathematics, Finance or other quantitative discipline
1 to 4 years in relevant consumer finance or credit card industry experience to include loss forecasting/stress testing model development, maintenance, tracking and management
Strong analytical skills in conducting sophisticate statistical analysis using bureau/vendor data, customer performance data and marketing data to solve business problems
The ability to interpret and analyse large volumes of data, and at times complex information
Excellent written and oral communication skills are a mandate Ability to recognizing information and patterns in data that are not obvious, and focusing analytical efforts in pursuit of explanations, isolations of cause and effect
Preferably, good programming skills in advanced SAS and SQL in mainframe, UNIX and PC environments would be an advantage
Applicant with significant experience specifically in risk modelling using Logistic Regression and segmentation techniques will be preferred

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Banks/Insurance/Financial Services
Role : Risk/Credit/Economic Analyst
Salary : 200000-400000 P/A
Deadline : 23rd Oct 2019

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