Model / Analysis / Validation Analyst I, Officer Job at Citi (Mumbai)

Model Validation 2nd LOD Lead Analyst

Citibank, N.A. seeks a Model Validation 2nd LOD Lead Analyst for its Tampa, Flor...

Location

United States , Tampa

Salary:

134300.00 - 154300.00 USD / Year

Citi

Expiration Date

June 25, 2026

Requirements

Master’s degree, or foreign equivalent, in Mathematics, Statistics, Engineering (any), or related field and 3 years of experience as a Model/Analysis/Validation Officer, Model/Analysis/Validation Senior Analyst, Research Assistant, or related position involving the credit risk model development, testing, and validation in a global financial services institution. Alternatively, employer will accept a Bachelor’s degree in the listed fields and 5 years of progressively responsible, post baccalaureate experience in the listed positions. Full span of experience must include: Data Analysis, identifying inconsistencies in data, and defining business issues
Assessment of model development process including data processing, conceptual soundness, and mathematical formulation
Statistical tests of model framework, assumptions, and performance
Financial Risk management
Economic research into macro-economic risk drivers, evaluation of model performance in various macro-economic scenarios, and evaluation of macro-economic impacts to inform capital planning
Proficient in statistical tests including Diagnostic Test, Sensitivity, Stress Testing, Backtesting, and Impact Analysis
Proficient in statistical software including R and large-scale analysis with SQL
Simulations and performance tests with Python, Java, Linux
Regulatory requirements including Basel, CCAR, ICAAP, IFRS9, and CECL
Technical writing and presenting, including regulatory initiatives such as Climate Risk examinations

Job Responsibility

Validate credit risk models using statistical and mathematical tools and economic and finance theories
Test model assumptions and assess model performance
Assess adequacy and relevancy related to modeling data
Design and execute quantitative and statistical testing on model framework and performance
Perform data analysis and quantitative/statistical tests using statistical tools, perform large-scale analysis with programming languages including Python, Linux, SQL
Manage model risk across the model life cycle including ongoing performance evaluations, annual model reviews, and monitoring and governance plans
Oversee the portfolios
Manage stakeholder interaction with model developers and business owners during the model life cycle
Provide effective challenge to model assumptions, mathematical formulation, model performances, and implementation
Assess and quantify risk associated with the model due to model limitations, and inform stakeholders of the risk profile and advise on development of compensating controls

What we offer

medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Fulltime

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Reimbursement Analyst I

This position is responsible for developing reports based on a number of interna...

Location

United States , Tulsa, OK; Albuquerque, NM; Chicago, IL; Helena, MT; Richardson, TX

Salary:

55900.00 - 123500.00 USD / Year

Health Care Service Corporation

Expiration Date

Until further notice

Requirements

Bachelor Degree in Business Administration or Computer Science with 3 years’ experience in data analysis and reimbursement OR 7 years’ experience to include data analysis, reimbursement analysis/modeling, and college courses
Experience and basic understanding of reimbursement methods and financial modeling
Health Care data experience and knowledge of Medicare pricing methodologies (RBRVS, DRG, ASC)
Verbal and written communication skills as well as interpersonal skills necessary to work in a team environment
Analytical skills
Self-starter with ability to work with minimal supervision to meet deadlines
PC proficiency to include MS Office or other spreadsheet and word processing software for Windows

Job Responsibility

Developing reports based on a number of internal/external databases using SAS or a similar programming language
Pricing models for network negotiations and fee schedule updates used for claims adjudication
Pricing information into the PREMIER Pricer
Validating and researching report results using the original operation systems and reporting databases
Presenting reports to internal/external customers
Responding to follow-up questions

Fulltime

Model/Analyst/Valid Analyst I

The Model/Anlys/Valid Analyst I is a trainee professional role. Requires a good ...

Location

India , Mumbai, Maharashtra, India

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Bachelor's/University degree or equivalent experience
Proficient in Microsoft Office with an emphasis on MS Excel
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented

Job Responsibility

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
May develop, validate and strategize uses of scoring models and scoring model related policies
Assist in preparing business as usual and ad-hoc reports in accordance with the Risk Management Teams priorities and requirements, running integrity checks on the reports and checking key numbers from other independently created reports
Supports project of constant improvement of risk analytics, modeling and validation systems and optimization of reports
Understands database structures, key business categories, internal banking business processes, statistical/mathematics concepts
Uses strong analytical and process management skills for quality control over produced data
Partners with senior as well as junior staff to execute projects and reports as necessary
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Fulltime

Risk Decision Model Development Analyst II

This position is with US Consumer Cards (USCC) Risk Modeling Solutions (RMS). Th...

Location

India , Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

2+ years of hands‑on experience in Risk Modeling, or a PhD degree in quantitative discipline (STEM: Science, Technology, Engineering, Mathematics or Statistics, Economics, Data Science)
Strong foundation in statistical modeling, econometrics, Machine Learning, numerical methods, and industry best practices for model development and validation
Proven experience developing or supporting risk models, with the ability to identify patterns, trends, and insights from complex datasets
Proficiency in analytical and data manipulation tools such as Python, SAS, SQL, R, and Spark
experience working in Big Data environments is highly desirable
Strong working knowledge of the MS Office suite, especially Excel and PowerPoint, for analysis, reporting, and stakeholder communication
Excellent written and verbal communication skills with the ability to clearly articulate complex quantitative work to technical and non‑technical audiences
Highly self‑motivated, detail‑oriented, and able to work independently while collaborating effectively with cross‑functional teams
Demonstrated intellectual curiosity and commitment to continuous learning, particularly in staying abreast of new modeling techniques, tools, and technological advancements

Job Responsibility

Build Risk Decision Models using Machine Learning, advanced statistical methods, and numerical algorithms
Develop, validate, and enhance models that support risk strategies, ensuring full alignment with: Risk policies and modeling procedures, Model Risk Management (MRM) guidelines, Fair Lending, model interpretability, and other regulatory expectations
Leverage tools such as Python, SAS, PySpark, and other analytical platforms to extract, clean, and transform data
Engage with both traditional and alternate data sources, performing data preparation, feature engineering, and variable selection for model development
Own the complete model development lifecycle including: Problem definition & model design, Data preparation, Model training, testing, and tuning, Out‑of‑sample and time‑based validation, Comprehensive documentation, Stakeholder presentations and model governance interactions, Implementation support with Technology teams
Partner with Technology, Risk Policy, Governance, and Product teams to ensure seamless execution and timely delivery
Communicate complex analytical concepts clearly to both technical and non‑technical audiences through compelling storytelling and presentations

Fulltime

Risk Model Development Intermediate Analyst

The Model/Anlys/Valid Intmd Anlyst is a developing professional role. Deals with...

Location

India , Haryana, India, Bengaluru, Karnataka

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

5+ years experience
Proficient in Microsoft Office with an emphasis on MS Excel
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented
Demonstrated project management and organizational skills and capability to handle multiple projects at one time
Bachelor’s/University degree or equivalent experience
5+ years of experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, or econometric modeling and in-depth knowledge on the use of statistical models to solve business problems
Experience of end-to-end credit risk modeling highly preferred
Experience of CCAR and CECL preferred
Strong programming (SAS, SQL, Python, R, etc.) and quantitative analytics (regression, time series, decision tree, linear/nonlinear optimization etc.) skills preferred

Job Responsibility

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
Supports the design, development, delivery and maintenance of best-in-class Risk programs, policies and practices for Risk Management
Reviews institutional or retail analytics and Models and other documents to ensure compliance with various regulatory and legal requirements
Identifies potential risks and escalates for further review
Handles preliminary investigations, assists with reconciliation procedures and prepares routine correspondence
Creates and maintains reports for control, tracking, and analysis purposes and ensures appropriate and secure retention of documents
Works with more senior staff in investigating and responding to customer and operational complaints
Interacts and works with other areas within Risk Management, as necessary
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets
Participate in building champion/benchmark models for CCAR, CECL, IFRS9, and other regulatory/internal purposes for Citi's international and U.S. secured portfolios

Fulltime

Data Science Intermediate Analyst - AML- ICRM, Officer

The Statistician will work under the supervision of senior team members to provi...

Location

China , Shanghai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Strong academic background, knowledge of quantitative methods
Good knowledge of SAS, SQL, Python, Big data tools and/or other data processing languages (SAS 4GL is preferable)
Highly-skilled and good knowledge of MS Excel and VBA experience
Experience in reporting the results of analysis in clear written form, and in presenting the findings during meetings and conference calls
Min. 2-3 years of experience in a large corporation, preferably experience of multicultural environment
Team working experience (demonstrated team player ability required)
Understanding of technical requirements, ability to communicate with Technical Support
Master degree in statistics/mathematics/actuarial sciences/economics. Degree in economics/banking may be considered if strong analytical skills proved
Fluency in English and very good oral and written communication skills are necessary
Statistical/data analytical skills - including both calculation and interpretation of outcome

Job Responsibility

Automate data extraction and data preprocessing tasks. Perform ad hoc data analyses. Design and maintain complex data manipulation processes. Provide consistent documentation and presentations
Conduct data-driven analysis and create reports. Apply quantitative and qualitative data analysis methods
prepare statistical and non-statistical data exploration. Validate data, identify data quality issues (if any), and work with Technology to address them. Analyze and interpret data reports, draw conclusions and make recommendations answering specific business needs
Document solutions and present results in a simple comprehensive way to non-technical audience, as well as write more formal documentation using statistical vocabulary
Generate new ideas, concepts and models to improve methods of obtaining and evaluating quantitative and qualitative data. Identify relationships and trends in data, as well as any factors that could affect the results of research. Question and validate assumptions. Escalate identified risks and sensitive areas in terms of methodology and processes
Maintain an industry leading knowledge of the tools, systems and processes available for best in class AML Detection and Monitoring Operations
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Fulltime

Credit Risk Model Development Intmd Analyst

The Model/Anlys/Valid Intmd Anlyst is a developing professional role. Deals with...

Location

India , Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

4+ years experience
Proficient in Microsoft Office with an emphasis on MS Excel
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented
Demonstrated project management and organizational skills and capability to handle multiple projects at one time
Bachelor’s/University degree or equivalent experience

Job Responsibility

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
Supports the design, development, delivery and maintenance of best-in-class Risk programs, policies and practices for Risk Management
Reviews institutional or retail analytics and Models and other documents to ensure compliance with various regulatory and legal requirements
Identifies potential risks and escalates for further review
Handles preliminary investigations, assists with reconciliation procedures and prepares routine correspondence
Creates and maintains reports for control, tracking, and analysis purposes and ensures appropriate and secure retention of documents
Works with more senior staff in investigating and responding to customer and operational complaints
Interacts and works with other areas within Risk Management, as necessary
Appropriately assess risk when business decisions are made

Fulltime

Credit Risk Model Development Intmd Analyst

The Model/Anlys/Valid Intmd Anlyst is a developing professional role. Deals with...

Location

India , Bengaluru

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

5+ years experience
Proficient in Microsoft Office with an emphasis on MS Excel
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented
Demonstrated project management and organizational skills and capability to handle multiple projects at one time
Bachelor’s/University degree or equivalent experience

Job Responsibility

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
May develop, validate and strategize uses of scoring models and scoring model related policies
Supports the design, development, delivery and maintenance of best-in-class Risk programs, policies and practices for Risk Management
Reviews institutional or retail analytics and Models and other documents to ensure compliance with various regulatory and legal requirements
Identifies potential risks and escalates for further review
Handles preliminary investigations, assists with reconciliation procedures and prepares routine correspondence
Creates and maintains reports for control, tracking, and analysis purposes and ensures appropriate and secure retention of documents
Works with more senior staff in investigating and responding to customer and operational complaints
Interacts and works with other areas within Risk Management, as necessary
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Fulltime

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Model / Analysis / Validation Analyst I, Officer

Job Description

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