Product Mgmt Lead Analyst - C13 - MUMBAI

Posted:
11/6/2024, 4:00:00 PM

Location(s):
Mumbai, Maharashtra, India ⋅ Maharashtra, India

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
IT & Security ⋅ Product

Workplace Type:
Remote

Model Risk Management (MRM) is part of the Global Risk Management of Citi and is responsible for Independent Oversight of models across the firm. Citi is seeking a Vice President to join the System Strategy and Oversight Team within Model Risk Management – Inventory & Initiative Management Group. The role requires experience in Risk management, SDLC, Waterfall, Iterative and Agile methodologies, and expertise in Project Management and Governance. Experience in process reengineering, business architecture, simplification, controls and UAT. Experience in developing solutions driving automation of Gen AI/ modeling tools or building reporting frameworks would be a big plus. Familiarity with FRB's Supervisory Guidance on MRM SR 11-7 and 15-18.

The MRM System Strategy & Oversight (SSO) Lead will be responsible to:

  • Drive reengineering of MRMS, the Citi Model Risk Management System in line with Model Risk Management Policy and Procedures and overall Model Risk system strategy
  • Translate policies, procedures and guidelines into process maps and concrete tasks, identify dependencies, decision points, actors, opportunities for streamlining, etc. and build system solutions to support
  • Collaborate with various stakeholders both within and outside Risk management to identify, streamline, simplify and implement model life cycle processes in MRMS
  • Author Business requirements, re-engineer processes and system solutions to drive simplification and automation
  • Liaise with IT partners to build effective system solutions
  • Partner with validation and development groups to drive integration of metrics and documentation digitization, Gen AI POC’s with MRMS target state
  • Review Functional specifications, system design and architecture
  • Governance of IT projects through sound Project management enabling successful delivery of projects on time within budget
  • Build reporting infrastructure and capabilities to support effective model risk management capabilities for users across the firm
  • Ensure quality through preventive system controls and guide IT QA team
  • Ensure system readiness through User Acceptance testing and User training

Qualifications:
 

  • 12+ years’ of working experience with 5+ years in product development or equivalent role
  • Professional: Familiarity with O&T developing cycle as well as with model risk management or similar
  • Experiences in supporting cross functional projects with project management, technology on system enhancements
  • Knowledge/experience with process design, database design and high proficiency in SQL
  • Institutional knowledge/experience with Citi platforms/application is preferred
  • Worked with either model development or model validation in financial institutions 
  • Strong interpersonal skills and able to manage projects 
  • Experience in Python, R, other programming languages to implement POC’s
  • Good communication skills, work independently, pay attention to details with ability to synthesize, multi-task, and execute
  • Experience with data quality and data analysis is preferred
  • Expert level knowledge at MS Excel for data analytics including VBA skills; MS PowerPoint for executive presentations; MS Word for business documentation; MS Visio for process flows and swim lane 
  • Proficiency in Jira administration for product backlog management, in Confluence for documentation of the product functionalities
  • Understanding of web based applications, data marts and big data
  • Problem solver mindset, hands-on, quick learner and high analytical skills
  • Project Management skills: keep projects on track, within budget and in adherence to scope
  • Collaboration skills: works as a team player, seeking to engage with others to achieve results
  • Practical decision maker focused on execution: Ability to recognize what the end-state should be, but to execute smaller steps in order to materialize results quickly
  • Thrive in uncertainty and ability to handle multiple projects concurrently
  • Ability to work with remote teams and in different time zones
  • Control and Governance mindset: documenting and filing artifacts, identifying control gaps, etc.

Education:
 

  •  Bachelor's degree in finance, mathematics, computer science or related. Master's Degree required.

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Job Family Group:

Product Management and Development

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Job Family:

Product Management

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Time Type:

Full time

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