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Role Outline / Job Summary
Understand the portfolio risk trends, identify loss making segments, enhance and improve the Risk policies using statistical techniques to optimize business growth and profitability by minimizing the losses
- Create and maintain acquisition Credit Abuse strategies and monitor performance trends and trigger breaches.
- Understand and optimize Credit abuse risk management by analyzing trends in the data and recommending appropriate portfolio actions.
- Identify potential high Credit abuse segments for new account acquisition and existing accounts and develop risk strategies to mitigate the losses
- Identify Credit Abuse Linkage with other accounts and recommend for adverse actions
- Support tactical and strategic Risk Analytics projects for Citi’s Credit Cards (Brands, Co-Brands & Retail services) Risk Management group in the US.
- Develop and manage implementation of risk management strategies that help mitigate credit losses, through complete change management cycle including designing, testing, securing approvals and doing post implementation validations.
- Apply innovative analytical techniques to customer and transaction data to build risk mitigation strategies and processes
- Must be able to effectively provide updates and communicate key initiatives to senior risk management.
- Analyzing tests and performance using SAS/SQL and decision tree software (CHAID/ CART)
- Evaluating effectiveness of current policies and strategies by actively monitoring performance against the benchmarks.
Responsibilities:
- Must have capability to clearly develop and communicate analysis
- A good understanding of Credit life cycle, from Acquisitions through early Collections
- Must have hands on expertise in developing and managing segmentation strategies, Decision tree segmentation and building policies using score is a plus
- Presentations to both technical and non-technical personnel are required to be made frequently as part of the job.
- Understanding and communicating examples of credit strategy customer impact through example review of Credit Bureau data.
- Ability to work efficiently in a matrixed environment balancing between both business and functional interactions and priorities, maximizing efficiencies of time-zones to create a continuously operating Credit Policy team.
Qualifications
- Undergraduate degree with a specialization in Statistics, Mathematics, or other quantitative discipline
- 4+ years work experience required
Skills:
- Experienced in developing, implementing, and monitoring credit strategies or scoring models across underwriting, existing customer management (examples: Balance Transfer, Credit Line Increase/Decrease, Re-Issue, Transactions Authorization)
- Good programming skills in advanced SAS, SQL, Knowledge Studio, SAS E-miner in PC, UNIX environments.
- Highly proficient in Excel/pivot tables and PowerPoint. VBA a plus.
- Exposure to project/process management
- Strong communication and presentation skills targeting a variety of audiences
- A qualified candidate needs to be able to work with cross functional teams
- Flexibility in approach and thought process
- Ability to work effectively across portfolio risk policy teams and functional areas teams
- Strong influencing and facilitation skills.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
This role is part of Risk Policy for supporting NA business, Credit cards business knowledge is preferred.
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Job Family Group:
Risk Management
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Job Family:
Regulatory Risk
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Time Type:
Full time
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Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries (Citi”) invite all qualified interested applicants to apply for career opportunities. 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.
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