IrvingRecruiter Since 2001
the smart solution for Irving jobs

Credit Risk Researcher

Company: Citigroup Inc.
Location: Irving
Posted on: May 3, 2021

Job Description:

  • Description:

Credit and Obligor Risk Analytics (CORA) is looking to add a Credit Risk Researcher Model Developer to the Credit Risk Rating Analytics (CRRA) Team. The Credit Risk Rating Analytics (CRRA) team is responsible for the life cycle development of all Citi's Wholesale 1-year probability of default models used to rate SMEs / MMEs and Large Corporates as well as Commercial Banks on a Global basis. Built on default and financial data specific to the geography or industry, these models provide a means of evaluating obligor credit risk on a consistent basis across all regions and many industries. The team is also responsible for writing the approvals of Risk Rating Processes (Methodologies) for Classifiably Managed (Wholesale) Portfolios. The Risk Rating Process is the end to end process for assigning Obligor Risk Ratings (ORRs), which are 1-year probability of default ratings and Expected Loss Rating at the facility level or Facility Risk Ratings (FRRs). At present, these Risk Rating Processes and models are used by approximately 3,000 Risk Managers and rate more than 50,000 obligors with $1 Trillion in exposure in the wholesale portfolio.

The successful candidate will be on a team responsible for managing all aspects of the credit risk model development life cycle, which includes interaction with Senior Risk and Business Managers and Citi's Model Risk Management Group (validation).

This is a highly visible position.


  • Research, develop, and implement credit risk models, including technical and non-technical documentation.
  • Lead annual model reviews and performance testing which requires a solid understanding of the documentation and testing requirements.
  • Engage with Senior Risk and Business Managers on a Global basis to provide value added solutions to better inform and enhance the risk-return tradeoff.
  • Apply critical thinking in solving complex business problems with quantitative tools in a collaborative, fast-paced environment.
  • Represent the CRRA Team as a thought leader and Subject Matter Expert.
  • Act as a thought partner to Risk Managers on a Global basis.
  • Actively engage with the CRRA Team and other members of CORA.
  • Qualifications:

  • Masters or PhD in Economics, Econometrics, Statistics, Math, Finance / Corporate Finance, Accounting, or an Applied Science. CFA or FRM is a plus.
  • Strong working knowledge of Accounting and Corporate Finance is a significant plus.
  • 1-3 years of experience in quantitative financial modeling. Hands-on experience with the research, development, and implementation of credit risk models.
  • Hands-on experience with the research, development, and implementation of credit risk models, including technical and non-technical documentation.
  • Familiar with statistics packages and regression models.
  • Strong programming skills in Python, R, or other objected oriented languages.
  • Excellent communication skills, verbal as well as written.
  • Experience working with a highly productive analytical team.
  • Ability to make decisions / balance aggressive timelines for deliverables amidst conflicting priorities.

Keywords: Citigroup Inc., Irving , Credit Risk Researcher, Other , Irving, Texas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Other Jobs

Customer Service
Description: p span style font-size:14px span style font-family:comic sans ms,cursive strong Insta-Cash Pawn /strong is looking for highly qualified individuals to join our team. Experience in the pawn industry (more...)
Company: Insta-Cash Pawn
Location: Jacksonville
Posted on: 05/13/2021

Tire Service Technician - Tyler
Company: Discount Tire
Location: Tyler
Posted on: 05/13/2021

Mortgage Originator, Lindale TX
Description: Have you heard We are growing Altra Federal Credit
Company: Altra Federal Credit Union
Location: Lindale
Posted on: 05/13/2021

Case Manager II
Description: p More personalized patient care /p p More professional impact /p p BE THE CONNECTION. /p p In your role as case manager, you can be the connection between exceptional care and the positive effect (more...)
Company: Encompass Health
Location: Tyler
Posted on: 05/13/2021

Stocking & Unloading - SULPHUR SPRINGS - 75483
Description: What you apos ll do at Stocking, backroom, receiving associates work to ensure customers can find all of the items they have on their shopping list. Depending on the shift you work, your job could (more...)
Company: walmart
Posted on: 05/13/2021

Surg Tech - Days - Tyler , TX - JOB-00499750
Description: img src border 0 / FlexCare is a nationwide leader in the staffing of travel nurses and clinicians. With access to thousands of facilities around (more...)
Company: FlexCare Medical Staffing
Location: Tyler
Posted on: 05/13/2021

Housekeeping Positions, Sulphur Springs
Description: Texas EVS - Next Level Hospitality Services takes the quality and service of Dietary Housekeeping Departments in health care facilities to the next level. Here is a chance to advance your career with (more...)
Company: Texas EVS
Location: Sulphur Springs
Posted on: 05/13/2021

Grocery Stocker
Description: Maintains product levels and quality control
Company: Brookshire Grocery Company
Location: Malakoff
Posted on: 05/13/2021

Description: US Army - Enlist as a soldier into the United States Army and become a certified Interior Electrician who is responsible for the installation and maintenance for
Company: US Army
Location: Lufkin
Posted on: 05/13/2021

Store Sales Associate
Description: p Citi Trends is looking for a dedicated Store Sales Associate to join our team at one of the largest chains in the value-priced urban apparel industry. We apos re growing, so if you apos ve ever wanted (more...)
Company: Citi Trends, Inc.
Location: Palestine
Posted on: 05/13/2021

Log In or Create An Account

Get the latest Texas jobs by following @recnetTX on Twitter!

Irving RSS job feeds