Citigroup is seeking a Climate Risk Model Development Analyst II to join their Global Mortgage Regulatory Model Development team in Bengaluru or Gurgaon. The role focuses on developing risk models for climate risk stress testing and requires strong quantitative analysis and programming skills
Job Summary
This role is responsible for developing champion and benchmark risk models specifically for Citi's international and U.S. secured portfolios to support regulatory climate risk stress testing.
The position requires performing data cleansing, identifying portfolio drivers, and building PD/EAD/LGD models while conducting statistical analysis and backtests.
Candidates will work closely with cross-functional teams including business stakeholders, model validation groups, and implementation teams to ensure timely project delivery.
Matching Summary
Match Score: 85
Citigroup is seeking a Climate Risk Model Development Analyst II to join their Global Mortgage Regulatory Model Development team in Bengaluru or Gurgaon. The role focuses on developing risk models for climate risk stress testing and requires strong quantitative analysis and programming skills.
Skills & Requirements
Must-have
2+ years quantitative analysis experience
Statistical modeling and econometric skills
Programming proficiency in SAS SQL Python R
Credit risk modeling expertise
Loss forecasting and loan loss reserve modeling
Nice-to-have
Climate risk stress testing background
Catastrophe modeling experience
CCAR and CECL regulatory knowledge
End-to-end credit risk modeling history
Strong communication with non-technical audiences
Key Requirements
Master's degree in Statistics Economics Finance or related field
PhD preferred in quantitative disciplines
Minimum 2 years of relevant quantitative experience