Model Development Analyst

The position within US Personal Banking and Wealth Management involves developing CCAR/CECL models for unsecured portfolios such as credit cards, installment loans, and ready credit. This role also focuses on regulatory model monitoring analytics for tracking model performance and conducting annual model reviews. Responsibilities include: - Obtaining and conducting QA/QC on all data needed for CCAR/CECL model development - Developing segment and/or account level CCAR/CECL stress loss models - Performing necessary tests like sensitivity and back-testing - Validating/recalibrating models annually to incorporate the latest data and redeveloping as required - Providing comprehensive model documentation - Collaborating with cross-functional teams, including business stakeholders, model validation and governance teams, and model implementation team - Preparing responses/presentations to regulatory agencies on all CCAR/CECL models built Qualifications: - Advanced Degree (Masters required, PhD preferred) in Statistics, Applied Mathematics, Operations Research, Economics, MBA (Finance), or other highly quantitative discipline - 2+ years of experience in quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and econometric modeling of consumer credit risk stress losses - Experience with dynamics of unsecured products is advantageous - Proficiency in SAS/SQL/Oracle/Unix/Microsoft Word, Excel, and PowerPoint - Ability to communicate technical information verbally and in writing to both technical and non-technical audiences - Work as an individual contributor If you are a person with a disability and need a reasonable accommodation to use search tools and/or apply for a career opportunity, review Accessibility at Citi.,