Citibank Hiring for Assistant Manager Freshers 2016 in Mumbai.
Qualification: Master’s Degree
Experience: 0 – 3 yrs
No.of Vacancy : NA
Details of Citibank Hiring for Assistant Manager Freshers 2016
Citibank Hiring for Assistant Manager
Model Risk Management (MRM) is an independent oversight function. The Mumbai center is one of the five MRM locations across the globe and is responsible for development and maintenance of Model Risk Management Policy and procedures, for evaluation and approval of very high, high and medium high risk models used in global consumer risk management.
The position will be part of the Model Risk Management, India (Mumbai) team. His/her primary role is to evaluate conceptual soundness and model performance of loss forecasting, balance forecasting, stress testing, PPNR, Loan Loss Reserves (LLR), and macro-economic forecasting models that are developed by other Global Consumer Teams as part of Citi’s Comprehensive Capital Analysis and Review (CCAR) submissions. The roles are very critical to the organization, as MRM’s authorization on the use of the CCAR models are based on the reviewer’s evaluation results. The reviewer will adhere to the Model Risk Management Policy when evaluating models and ensure models, documentation, and monitoring MIS are compliant with applicable policies.
Master’s or Doctoral degree with a specialization in Statistics, Mathematics, Finance or other quantitative discipline
0-3 years in relevant consumer finance or credit card industry experience to include loss forecasting/stress testing model development, maintenance, tracking and management
Preferred – Exposure to development/validation of risk/loss forecasting/stress testing models especially for CCAR submission
Citibank India is an Indian private sector bank headquartered in Mumbai, Maharashtra. It is a subsidiary of Citigroup, a multinational financial services corporation headquartered in New York City, United States. The Indian Headquarters are at Bandra Kurla Complex, a hub for multinational corporations in Mumbai.
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