Citigroup VP, Credit Portfolio Officer - Loss Forecasting in O'Fallon, Missouri
The Credit Portfolio Officer is a senior-level position responsible for leading activities related to credit review and monitoring the portfolio to identify credit risk in coordination with the broader Risk Management team. The overall objective of this role is to monitor Citi's portfolio credit loss exposure and manage loss forecast, including CitiMortgage, US Retail Bank and Small Business portfolios.
Perform portfolio risk evaluation and credit loss forecasting for US Mortgage, Retail Banking, and Small Business accounts
Perform the CCAR related work with a comprehensive understanding of relevant model techniques, business operations, and regulatory requirements for both Champion model and Benchmark models
Provide econometric modeling and statistical analyses of large-scale mortgage data sets to identify relationships and trends among various loss factors
Conduct monthly loan-level and segment-level credit loss forecast for mortgage risk portfolio using Statistical Analysis Software (SAS) and other quantitative tools
Forecast month-over-month delinquency trends using econometric/statistical/non-statistical models
Conduct sensitivity analyses under various economic assumptions and variance walk between forecasts and actual figures
Develop and update monthly reports and presentations for senior management
Collaborate with loss reserve team to conduct risk assessment by recommending both adequate levels of credit loss reserves and management adjustments to reserves based on economic headwinds
Collaborate with various units of risk management business to understand and solve business problems
3-5+ years of experience in credit risk management or equivalent training and experience preferably in the financial services industry
Experience in using econometric/statistical models;
Proficiency in writing SAS codes, including macro language, for statistical and modeling analyses;
Proven ability to analyze portfolio performance and credit risk toward business goals
Proven ability to remain organized in a fast-paced environment and prioritize multiple projects
Demonstrated interpersonal, organizational and analytic skills
- Master's degree or equivalent experience, preferably in statistics, economics, or related field.
Job Family Group:
Credit & Portfolio Risk Management
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