4 days old

Credit Risk Rating Model Developer

Citigroup
Warsaw, IN 46580
**Description:**


Credit and Obligor Risk Analytics (CORA) is looking to add a Model Developer to the **Credit Risk Rating Analytics (CRRA) Team** .


The Credit Risk Rating Analytics (CRRA) team is responsible for the life cycle development of all Citis Wholesale 1-year probability of default models used to rate SMEs / MMEs and Large Corporates as well as Commercial Banks. Models developed in CRRA team cover Wholesale portfolio globally.


The successful candidate will be on a team responsible for managing all aspects of the credit risk rating model development life cycle, which includes interaction with Senior Risk and Business Managers and Citis Model Risk Management Group (validation).


This is a highly exposed position.


**Responsibilities:**


+ Research, develop, and implement credit risk rating models, including technical and non-technical documentation.

+ Lead annual model reviews and performance testing which requires a solid understanding of the documentation and testing requirements.

+ Engage with Senior Risk and Business Managers on a Global basis to provide value added solutions to better inform and enhance the risk-return tradeoff.

+ Apply critical thinking in solving complex business problems with quantitative tools in a collaborative, fast-paced environment.

+ Represent the CRRA Team as a thought leader and Subject Matter Expert.

+ Act as a thought partner to Risk Managers on a Global basis.

+ Actively engage with the CRRA Team and other members of CORA.


**Qualifications:**


+ Masters in Economics, Econometrics, Statistics, Math, Finance / Corporate Finance, Accounting, or an Applied Science. CFA or FRM is a plus.

+ Experience in quantitative financial modeling. Hands-on experience with the research, development, and implementation of credit risk models, including technical and non-technical documentation.


+ Familiar with statistics packages and regression models.

+ Strong knowledge of SQL is essential; Knowledge of Python/R - nice to have.

+ Excellent communication skills, verbal as well as written.


+ Experience in credit risk management is a significant plus.

+ Working knowledge of Accounting and Corporate Finance is a significant plus.

+ Ability to make decisions / balance aggressive timelines for deliverables amidst conflicting priorities.


**We offer:**


+ Work in a challenging area of the financial industry with one of the world's leading companies with exposure to variety of products, processes and controls

+ Cooperation with a high quality, international, multicultural and global team

+ Work in a friendly and diversified environment, appreciating differences in style and perspective and using them to add value to decisions leading to organizational success

+ Management supporting balanced and agile work (flexible working hours, home office)

+ Attractive benefits package (Benefit System, medical care, pension plan etc.)

+ A chance to make a difference with various affinity networks and charity initiatives


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**Job Family Group:**


Risk Management

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**Job Family:**


Risk Analytics, Modeling, and Validation

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**Time Type:**


Full time

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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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Credit Risk Rating Model Developer

Citigroup
Warsaw, IN 46580

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