Banamex Desarrollador de Modelos de Riesgos de Créditos Regulatorios

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The Model/Anlys/Valid Sr Mgr accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Has responsibility for volume, quality, timeliness and delivery of end results of an area. May have responsibility for planning, budgeting and policy formulation within area of expertise. Involved in short-term planning resource planning.Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval.

Responsibilities:

• Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational. Also, may develop, validate and strategize uses of scoring models and scoring model related policies.
• Manages model risk across the model life-cycle including model validation, ongoing performance evaluation and annual model reviews.
• Produces analytics and reporting used to manage risk for Citi's operations.
• Translates operational requests from the business into programming and data criteria and conduct systems and operational research in order to model expected results.
• Assists in the development of analytic engines for business product lines.
• Communicates results to diverse audiences.
• Conducts analysis and packages it into detailed technical documentation report for validation purposes sufficient to meet regulatory guidelines and exceed industry standards.
• Participates on teams to solve business problems.
• Identifies modeling opportunities that yield measurable business results.
• Provides guidance to junior validators as and when necessary.
• Manages stakeholder interaction with model developers and business owners during the model life-cycle.
• Represents the bank in interactions with regulatory agencies, as required.
• Presents model validation findings to senior management and supervisory authorities.
• Provides effective challenge to model assumptions, mathematical formulation, and implementation.
• Assesses and quantifies model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls.
• Contributes to strategic, cross-functional initiatives within the model risk organization.
• Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 6-10 years experience
• Consistently demonstrates clear and concise written and verbal communication skills
• Self-motivated and detail oriented
• Demonstrated project management and organizational skills and capability to handle multiple projects at one time .
• Practical experience using SAS or similar statistical coding software to build and test prediction models. comfortable interfacing with business clients. proficiency handling very large data sets.
• Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation.
• Good knowledge and understanding of a variety of model development and validation testing techniques covering risk models.

Education:

• Bachelor’s/University degree or equivalent experience, potentially Masters degree

VP of Consumer Credit Risk Model Development is a specialist responsible for developing, and implementing sophisticated statistical models used to assess and manage the creditworthiness and potential default risk of consumer borrowers. This role is critical for guiding strategic decision-making in lending and capital assessment while ensuring regulatory compliance. 

Key Responsibilities

• Collaborate end-to-end development and implementation of various credit risk models, including decision models and regulatory models (PD, LGD, EAD)
• Extract, process, and transform large, complex datasets from disparate sources using programming languages like SAS, Python, R, and SQL to perform in-depth quantitative analysis and build models.
• Collaborate closely with model validation teams, auditors, and regulators.
• Work closely with Risk Analytics team to define usage of model outputs and statistical segmentation techniques to provide actionable insights for business partners (e.g., product, sales, underwriting, and collections teams) to optimize lending strategies.
• Ensure all models and analyses are thoroughly documented, meet internal governance standards, and comply with regulatory requirements.
• Effectively communicate complex analytical and technical concepts and findings to a range of audiences, including non-technical stakeholders and senior management, to support informed decision-making.

Key Qualifications:

• Bachelor's or, preferably, a Master's or PhD degree in a quantitative field such as Finance, Economics, Statistics, Mathematics, Computer Science, or a related discipline.
• This position requires a minimum of 5-8 years of relevant experience in credit analysis, model development, or model validation within a financial services or risk environment.
• Strong computational and programming skills are essential, with advanced experience in languages such as SAS, Python, R, and SQL. Experience with data visualization tools like Tableau or Power BI is a plus.
• Solid understanding of credit risk management principles, financial analysis techniques, and relevant regulatory frameworks (IFRS 9, Basel, etc.).
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.
• Ability to work both independently and collaboratively in a team environment.

------------------------------------------------------

Job Family Group:

Risk Management

------------------------------------------------------

Job Family:

Model Development and Analytics

------------------------------------------------------

Time Type:

Full time

------------------------------------------------------

Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Data Analysis, Escalation Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Statistics.

------------------------------------------------------

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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 Citi’s EEO Policy Statement and the Know Your Rights poster.