• Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Citi Australia
  • 2019-07-18

Credit Risk Analyst (12 month contract)

Credit Risk Analyst (12 month contract)

  • Primary Location: Australia,New South Wales,Sydney
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 19021636


Description

About Citi

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.

Description / Strategic Intent:

The Credit Risk Analyst will be involved in the development, validation, implementation and ongoing maintenance of various credit risk models utilised by the Consumer Business across the entire customer credit lifecycle. 

As part of the role, the Credit Risk Analyst will continually assess the credit performance of the secured and unsecured portfolios, with current approximate size of AU$ 13Bn, ensuring that that decisioning tools being utilized for making credit decisions are performing as per expectations.

Accountabilities:

  • Execute continuous performance monitoring tasks for existing models and find solutions to models that may show signs of being sub-optimal, and ensure that all models used are fully compliant with local and global regulatory requirements.
  • Draw practical and valuable analytics from alternative data sources and ensure that all additional data elements are fully utilized to further optimize the bank's credit decisions across the customer credit life cycle.
  • Collaborate with key business stakeholders including portfolio and policy managers to gather requirements and be able to formulate strategy proposals to address requirements for new models and/or revisions to existing ones, in line with the bank's risk appetite framework
  • Articulate model functionality and details to legal and compliance, global modelling oversight teams and Regional Independent Risk teams to obtain necessary approvals to implement new or continue usage of existing models


    Qualifications

    • SAS programming skills (or similar)
    • Ability to present complex statistical information to key stakeholders at differing levels within the bank
    • Basic understanding of consumer lending principles (background in Credit Risk Management preferred, but not necessary)
    • Advanced experience in MS-Access/Excel/Word and PowerPoint
    • Degree in Mathematics / Finance/ Statistics
                Diversity Summary

                When you work at Citi, you will be working for an organisation that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and use the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi Australia is an Employer of Choice for Women and supports a flexible work environment.

                Personal information (as defined in the Privacy Act 1988) will be handled in accordance with our Privacy Policy. Please see www.citi.com.au/privacy

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