7 days old

SVP, Wholesale Credit Risk Modeling

New York, NY 10176
The SVP, Wholesale Credit Risk Modeling is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers.


+ Develop advanced scenario-based probability of default and rating migration models for wholesale credit portfolios.

+ Develop Basel probability of default models that reflect long-term through the cycle credit losses.

+ Develop quantitative methodologies, algorithms, and tools for model development as well as for testing of models robustness, stability, and overall performance.

+ Conduct reliability analyses and perform quality control of modeling data and model results.

+ Manage model risk across the entire model life-cycle, including model development, model validation, ongoing performance assessment, and annual model reviews.

+ Create and maintain technical documentation for modeling methodologies and applications, including project plans, model descriptions, mathematical derivations, data analyses, processes, and quality controls.

+ Implement financial quantitative analytical tools and support model migration to the production environment.

+ Liaise with business risk managers, clients and partners in the analysis and interpretation of model results, incorporating their feedback as appropriate.

+ Manage stakeholder interaction with model developers and business owners throughout the model life-cycle.

+ Prepare and deliver training materials, presentations, and reports on credit risk analytics for technical and non-technical audiences.

+ 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.


+ 6-10 years experience

+ Self-motivated and detail oriented

+ Sound knowledge and understanding of a variety of model development methodologies and industry best practices

+ Experience with econometric and statistical modeling or risk scoring

+ Demonstrated project management and organizational skills and capability to handle multiple projects simultaneously

+ Practical experience using Python or R to build and test predictive models


+ Bachelors/University degree in a quantitative field or equivalent experience, potentially Masters degree


**Job Family Group:**

Risk Management


**Job Family:**

Risk Analytics, Modeling, and Validation


**Time Type:**

Full time


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)


Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


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

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SVP, Wholesale Credit Risk Modeling

New York, NY 10176

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