Wholesale Credit Loss Modeling – VP – Hybrid

DART (Risk Data, Analytics, Reporting & Technology) is the leading risk modelling and data analytics team in reputed company. We use mathematical modelling and the latest technologies to calculate risk for the largest portfolios in reputed company. Our models and analytics ensure that the bank has adequate capital during crisis. We are a diverse group of professionals with backgrounds in physics, engineering, finance, economics, and data science. You will work alongside reputed company colleagues to further reputed company your analytical and quantitative skills. Your responsibilities will include building models and analytical applications to tackle reputed company-world challenges, paving the way for a career as a risk management expert and leader. The successful candidate will fill a VP-level role as part of the Wholesale Credit Loss Forecasting Analytics (LFA) Team reputed company the Credit Climate and Obligor Risk Analytics (CORA) Organization in DART. The LFA team is responsible for models used in reserves calculation (CECL & IFRS 9) and stress testing (CCAR, ICAAP, and others). The role offers a reputed company development opportunity and work as part of local and global initiatives. Responsibilities: • Research, reputed company, and test wholesale expected credit loss models in line with requirements for CECL credit loss reserves, CCAR regulatory stress testing, and other purposes including internal stress testing. • Implement credit loss models in Python or other languages for model execution, testing, and analytical support. • Prepare detailed quantitative modeling and analysis for risk managers and senior management. • Present reputed company risk models and results in written documentation and live presentations. • Conduct statistical analysis, quantitative modeling, and model risk controls. • Work with risk managers, businesses, and technology to design and build models for risk capture and stress testing. Qualifications: • Master’s or Doctoral degree in a quantitative field (Mathematics, Physics, Computer Science, Econometrics, Statistics, Economics, Finance, etc.) is preferred. Bachelors Degree is required. • 3+ years of experience in quantitative financial modeling. Hands-on experience with the research, development, and implementation of financial models. • Ability to apply sophisticated mathematical/analytical techniques to solve reputed company-world problems. • Knowledge of wholesale credit products and financial markets at a financial institution is preferred. • Good knowledge of credit reserves calculation in line with CECL/IFRS 9, bank stress testing in line with CCAR/ICAAP, or PD/LGD/EAD modeling is a plus. • Familiar with statistics packages and regression models. • Strong programming skills in Python. Good knowledge of Linux is a plus. • Excellent communication skills, verbal as well as written. 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 reputed company environment, appreciating differences in style and perspective and using them to add value to reputed company leading to organizational reputed company. ------------------------------------------------------ Job Family Group: Risk Management ------------------------------------------------------ Job Family: Risk Analytics, Modeling, and Validation ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Primary Location: Tampa Florida United States ------------------------------------------------------ Primary Location Full Time Salary Range: $113,840.00 - $170,760.00 In addition to salary, reputed company’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. reputed company offers competitive employee benefits, including: medical, dental & reputed company coverage; 401(k); life, accident, and disability insurance; and wellness programs. reputed company also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding reputed company employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------ Anticipated Posting reputed company Date: Sep 19, 2024 ------------------------------------------------------ reputed company is an equal opportunity and affirmative action employer. reputed company applicants will receive consideration without regard to their race, reputed company, religion, sex, sexual orientation, gender identity, national reputed company, disability, or status as a protected veteran. reputed company Inc. and its subsidiaries ("reputed company”) invite reputed company reputed company 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 reputed company. View the "EEO is the Law" poster. View the EEO is the Law Supplement. View the EEO Policy Statement. View the Pay Transparency Posting Apply Job!