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    Wholesale Credit Loss Modeling - Tampa, United States - Citigroup Inc

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    Description

    + The Wholesale Credit and Climate Risk (WCCR) group within Citi Data, Analytics, Risk, Technology (DART) is looking to add an experienced quantitative analyst at Assistant Vice President (AVP) level to join the Loss Forecasting and Analytics team in Tampa, Florida. The team is responsible for development of the credit loss and stress-testing models for Citi's wholesale credit portfolios.This is a highly visible individual contributor position within the organization, covering a wide range of responsibilities to support the risk management of global wholesale credit portfolios. The successful candidate will be a part of highly productive analytical team and lead all aspects of the model development life cycle, which includes interaction with Senior Risk, Finance, Model Validation, and Business Managers, Internal Auditors and Regulators.

    + **Responsibilities:**

    + Research, develop, and test wholesale credit loss models used for regulatory stress testing and reserves calculation including CCAR/DFAST/ICAAP/CECL and internal stress testing

    + Implement credit loss models in python or other for both model execution, testing, and analytical tools

    + Support business, finance, risk managers, fundamental credit risk, model validation, internal audit, and banking supervisors for stress testing related discussions

    + Actively participate in the analysis and interpretation of results, incorporating feedback as appropriate into models and metrics.

    + Actively engage across all model development teams with CORA, including PD/LGD/EAD models, and CECL/IFRS9 models.

    + **Qualifications:**

    + Master or PhD degree from a quantitative field (Mathematics, Physics, Computer Science, Econometrics, Statistics, Economics, Finance, etc.) is required.

    + 2+ years of experience in quantitative financial modeling. Hands-on experience with the research, development, and implementation of financial models.

    + Extensive knowledge of wholesale credit products and financial markets at a financial institution is preferred.

    + Good knowledge of bank stress testing in wholesale credit portfolios. Experience in CCAR and other stress testing, PD/LGD/EAD modeling, or CECL/IFRS9 calculation is a plus.

    + Familiar with statistics packages and regression models.

    + Strong programming skills in Python and solid knowledge in Linux.

    + Excellent communication skills, verbal as well as written.

    **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:**

    $87, $130,920.00

    In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit Available offerings may vary by jurisdiction, job level, and date of hire.

    **Anticipated Posting Close Date:**

    May 07, 2024

    Citi is an equal opportunity and affirmative action employer.

    Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

    Citigroup Inc. and its subsidiaries ("Citi) invite all qualified 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 Citi )** .

    View the "EEO is the Law ) " poster. View the EEO is the Law Supplement ) .

    View the EEO Policy Statement ) .

    View the Pay Transparency Posting )

    Citi is an equal opportunity and affirmative action employer.

    Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.



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