Citi Model Analyst Valid Senior Analyst in Mumbai, India

  • Primary Location: India,Maharashtra,Mumbai

  • Education: Bachelor's Degree

  • Job Function: Risk Management

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 18075522


Model/Anlys/Valid Sr AnalysCore Member of Model Oversight Team for Asia Region covering total 17 countries in APAC and EMEA. Responsibility is to facilitate implementation of new Model Risk Management (MRM) Policy and continued compliance thereafter:

  • Proactive engagement with countries, GMRA and MRM to ensure Global Consumer Model Risk Management Policy Governance are in place and policy changes are implemented to achieve “Heightened Standard”

  • Provide advice and technical support to countries throughout the entire model life cycle covering model development, model eligibility assessment, model validation, model application and model administration

  • Monitor the model development plan to ensure MDDT submissions by countries are timely

  • Review the MDDT, Annual renewal and ongoing monitoring documents submitted by countries to ensure it meets the policy standards; also monitor all model limitations and compensation control are being acted upon and completed with the proper remediation

  • Review the quality of renewal approvals given by Regional Model Specialists are in compliance with policy standards

  • Perform quarterly review with Global Model Risk Management (MRM) on scoring model and Model Inventory. Ensure countries to timely maintain the Asia Pacific Model Inventory and tracking system for scoring and Segmentation models

  • Review quarterly/monthly performance MIS of all scores in use to ensure early and proactive actions are taken for those scores with signs of deterioration, evaluate data availability and score performance meets policy requirements

  • Facilitate best practice sharing on scoring infrastructure and implementation to elevate the understanding, usage and performance of scoring models among countries and users

  • Assist in the training and development of model specialist candidates, country scoring analysts on scoring model concepts and the effective use of scorecards


  • University degree in Statistics

  • 6-8 years commercial banking experience, solid experience in scoring model risk management of consumer credit products; experience with financial modeling

  • Excellent analytical skills, hands-on experience in consumer model risk management, handling scorecard analytics such as model monitoring / validation, model usage are preferred

  • Exceptional verbal, written and interpersonal communication skills

  • Strong computer skills particularly SAS or Knowledge Studio/Answer Tree

  • Proactive and problem solving

  • Disciplined, self-motivated and mature

Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.