Lalit Kumar Agarwalla

Director - Model Risk Management at Citigroup | 19+ yrs in Credit & Model Risk | Founding Member of MRM India Team | Global Regulatory Risk Leader (CCAR, CECL, ICAAP, IFRS9)

Role
Director at Citi
Location
Bengaluru, KA, IN
LinkedIn followers
500 followers
General Business & ManagementView LinkedIn profile

About Lalit Kumar Agarwalla

I am a Risk Management professional with 19+ years of global experience across the US, UK, APAC, and Indian markets, with deep expertise in credit risk, model risk, and analytics.As one of the first employees of Citi’s Model Risk Management (MRM) India function, I played a pivotal role in building the MRM India team from the ground up. Over the years, I have helped grow and scale the team into a high-performing global risk hub that ensures model integrity, compliance, and governance across Citi’s portfolios.My career has spanned the entire model lifecycle — from hands-on model development at HSBC, to leading credit card model development at GE Capital SBI Cards, to devising policy and acquisition strategy at Citi US Branded Cards, and now leading global model risk validation and governance at Citi.I specialize in:• Model Risk Management – independent validation, governance, monitoring, and regulatory engagement.• Credit Risk & Analytics – CCAR/DFAST, CECL, IFRS9, ICAAP, loss forecasting, and Risk scorecards.• Strategy & Policy – Acquisition and ECM strategies for US Branded Cards.• Team Leadership – building, scaling, and mentoring global risk teams.• Emerging Risks – climate risk and automation in risk processes.I am passionate about creating future-ready risk frameworks that balance innovation, compliance, and business impact — while also mentoring the next generation of risk professionals to excel in a rapidly changing financial environment.

Experience

  1. Director

    Citi

    Jan 2023 — Present · Bengaluru, IN

Education

  • National Institute of Technology Rourkela

    B.E., Electrical

    1998 — 2002

  • Indian Institute of Management Mumbai

    MBA, Finance/Systems

    2004 — 2006

Skills

  • Capital Markets
  • Retail Banking
  • Derivatives
  • Finance
  • Banking
  • Risk Management
  • Cross Selling
  • Financial Services
  • Relationship Management
  • Credit
  • Management
  • Basel Ii
  • Business Analysis
  • Predictive Modeling
  • Project Management
  • Automation
  • Analytics
  • Credit Analysis
  • Risk Analytics
  • Portfolio Management
  • Competitive Analysis
  • Credit Risk
  • Analysis
  • Credit Cards
  • Financial Risk
  • Mis
  • Corporate Finance

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Lalit Kumar Agarwalla — Director at Citi in Bengaluru, KA, IN | Unifers