Balance and Loss Forecasting Analyst, VP

Citi

Vice President for Risk Management focused on balance and forecasting analysis at Citi's Mumbai office. Role includes risk analysis, model validation, and stakeholder interaction responsibilities.

Posted 6/2/2026full-timeMumbai • 🇮🇳 IndiaLeadWebsite

Tech Stack

Tools & technologies

PythonVBA

About the role

Key responsibilities & impact

Oversee a portfolio (e.g., Commodities business models) of model types / product types for a specific business area
Perform model validations, annual model reviews, ongoing monitoring reviews (on Low, Medium and High Model Risk Rating (MRR) models)
Ensure accuracy of validations performed by Validators covering the VL’s specific portfolio
Provide effective challenge to the model development process on Low / Medium / High MRR models in accordance with the Citi Model Risk Management Policy
Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets
Conducts analysis and packages it into detailed technical documentation report for validation purposes sufficient to meet regulatory guidelines and exceed industry standards
Identifies modeling opportunities that yield measurable business results
Manages stakeholder interaction with model developers and business owners during the model life-cycle
Presents model validation findings to senior management and supervisory authorities
Acts as a change catalyst by identifying and helping others see where new ideas could benefit the organization
Proactively seeks to understand and act in alignment with organizational decisions; helps others prioritize team and enterprise success over their own personal agenda
Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team
Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness
Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements
Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals
Proactively seeks out opportunities to volunteer in Citi programs that support the community; advocates for solutions that meet the needs of Citi’s clients and the community

Requirements

What you’ll need

6-10 years of experience
Proficient in Microsoft Office with an emphasis on MS Excel
Clear and concise written and verbal communication skills
Self-motivated and detail oriented
Demonstrated project management and organizational skills
Practical experience using SAS or other mathematical coding software to build and test models
Comfortable interfacing with business clients and handling very large data sets
Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation
Good knowledge and understanding of a variety of model development and validation testing techniques covering relevant portfolio of models
Programming skills in languages like Python, MATLAB, C/C++/C#, VBA or other coding language as need
Extensive knowledge of financial markets and products
Familiarity with regulatory requirements related to various model types and risk management
Strong technical skills such as solid knowledge of time series analysis, statistics and econometrics
Extensive experience in data analysis and interpretation and technical writing
Excellent analytical and problem-solving skills
Strong communication and interpersonal skills
Ability to manage complex and variable issues with substantial potential impact
Ability to balance potentially conflicting needs and make informed decisions
Ability to identify inconsistencies in data or results and define business issues
Ability to formulate recommendations on policies, procedures, or practices

Benefits

Comp & perks

access to telehealth options
health advocates
confidential counseling
expanded Paid Parental Leave Policy
array of learning and development resources
generous paid time off packages
access to resources and tools to volunteer

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

SASPythonMATLABC/C++C#VBAtime series analysisstatisticseconometricsdata analysis

Soft Skills

communication skillsproject managementorganizational skillsanalytical skillsproblem-solving skillsinterpersonal skillsself-motivateddetail orientedability to manage complex issuesability to balance conflicting needs