Model Monitoring and Business Analytics – Analyst II
Citi
full-time
Posted on:
Location Type: Hybrid
Location: Bangalore • India
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About the role
- Perform Root Cause Analysis explaining model performance to second line of defense and Policy teams for Business risk decisioning.
- Analyze & bring out Insights for Credit Risk Non-Regulatory Scoring/ Non-Scoring Segmentation models adding business value.
- Present model performance to senior stakeholders, CROs, Risk Policy managers, Sponsors explaining the health of the model.
- Partnering with Risk Policy leads to help understanding the levers / cut off adjustments required in scores baked in Risk strategies to bring in incremental benefit / loss mitigation to business.
- Explain model performance to second line (Model Risk Management) of defense providing rationale for model performance deterioration, explaining the applicability of the usage of the model.
- Respond to queries from 3rd Line of Defense (Internal and External Auditors) on model performance.
- Work effectively across cross functional teams - Development, Implementation, Policy, Validation and Governance teams - coordinating the horizontal model usage and maintenance activities.
- Conduct QA/QC on all steps required for model monitoring and production forecast reporting.
- Deliver comprehensive write-up of ongoing model performance assessment, Annual Model Review / Revalidation documents.
Requirements
- Advanced Degree (Bachelors required or Masters preferred) in Statistics, Computer Science, Operations Research, Economics, etc.
- Strong programming (SAS, R, Python, etc.) skills.
- Experience in reporting tools - Excel, Tableau.
- Understanding of traditional modeling processes (linear/ logistic regression, segmentation, decision tree) and machine learning algorithms (Random Forest, Gradient Boosting, XG Boost, SVM, etc.), time series, linear/nonlinear optimization.
- Understanding of relevant model metrics / KPIs & bring out insights on model performance tracking.
- Good communication skill to communicate technical information verbally and in writing to both technical and non-technical audiences is a must.
- Extensive experience in model monitoring/validation, performance scorecards, etc. in Excel, Tableau, Cognos, etc.
- Experience in developing optimal/ automated solution of reporting processes using SAS, Excel VBA, Tableau will be a plus.
- 2+ Years reporting & analytics experience.
- Extensive experience in reporting (risk/marketing) in portfolio reporting, model monitoring, generating business insights.
- Experience in adoption of AI in bringing efficiency into core functional process, automating reports would be a plus.
Benefits
- Citi is an equal opportunity employer
- Qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Root Cause AnalysisCredit Risk ModelingStatistical AnalysisMachine LearningLinear RegressionLogistic RegressionDecision TreeRandom ForestGradient BoostingXG Boost
Soft Skills
CommunicationCollaborationAnalytical ThinkingProblem SolvingPresentation Skills