Primary Location: United States,Delaware,Wilmington
Education: Bachelor's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 19019903
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
The team is responsible for the following:
Design sophisticated credit policy for multiple channels and products
Leverage state of the art modeling techniques including machine learning for underwriting and decision making. Explore ways to scale the use of Big data for credit policy
Design tests leveraging innovative techniques like Design of Experiments to measure risk performance by key levers
Ownership of policy analytics from conception to execution, including tracking of performance
Identify business opportunities; develop credit tests and risk strategies, balancing risk and return
Optimize underwriting / initial credit lines across channels commensurate with the risk
Advance machine learning and big data agenda across the risk organization
Communicate policy changes and test recommendations, program approvals, performance trends with key stakeholders, senior management and external regulators.
Lead and manage meetings with key business partners like Marketing, Product, Finance, and Legal
Manage and analyze testing agenda in branded card risk
Communicate clearly and effectively to business partners and senior leaders
Manage multiple projects simultaneously through effective project management. Create, update, and track project plans for multiple deliverables.
Mentor and coach junior team members
Bachelor's Degree required in statistics, mathematics, engineering, physics, economics, or related quantitative discipline
5+ year's experience in risk management, financial services or relevant field
Experience with analytical or data manipulation tools (e.g. SAS, SQL, R, SPSS)
Proficient with MS Office suite
Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
Ability to build effective presentations to communicate analytical findings to a wide array of audiences
Effective cross-functional project, resource, and stakeholder management; effectively engage with internal audit and external regulators
Experience with end-to-end project planning and management
Understanding of basic P&Ls of Cards / loans business
Internal Number: 5826314
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