Model Development Analyst

As a model developer for unsecured portfolios in the US Personal Banking and Wealth Management team, your role will involve developing CCAR/CECL models for credit cards, installment loans, and ready credit. Additionally, you will be responsible for regulatory model monitoring analytics to track model performance and conduct annual model reviews. Key Responsibilities: - Obtain and conduct QA/QC on all data required for CCAR/CECL model development - Develop segment and/or account level CCAR/CECL stress loss models - Perform sensitivity and back-testing as necessary - Validate and recalibrate models annually with the latest data updates - Provide comprehensive documentation for all models - Collaborate with various cross-functional teams including business stakeholders, model validation and governance teams, and model implementation team - Prepare responses/presentations for regulatory agencies regarding all CCAR/CECL models developed 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 - Advantageous to have experience with dynamics of unsecured products - Proficiency in SAS, SQL, Oracle, Unix, Microsoft Word, Excel, and PowerPoint - Ability to effectively communicate technical information to both technical and non-technical audiences - Ability to work independently as an individual contributor Please note that if you are a person with a disability and require a reasonable accommodation to use search tools or apply for a career opportunity, you can review Accessibility at Citi.,