Model/Analysis/Validation Officer, Citi

Citi

Location:
United States, Irving

Category:
Finance

Contract Type:
Employment contract

Salary:

145300.00 - 169119.50 USD / Year

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Job Description:

Citibank, N.A. seeks a Model/Analysis/Validation Officer for its Irving, TX location to provide technical expertise in scenario design, process automation, forecasting, governance, and risk analysis in a hybrid work setting.

Job Responsibility:

Provide analytic and technical support in the areas of scenario design, implementing process automation, forecasting, governance, and control
Prepare and manage data related to macroeconomic forecasts utilizing Excel, SAS, Python, and R
Perform feature selection for econometric model, partition data, and interpret regression results
Assist in the redevelopment of credit spread and volatilities models
Conduct gap assessments to ensure that material risk factors are appropriately and adequately stressed in Global Systematic Stress Testing scenarios
Develop and review scenario narratives based on chosen scenario concept and calibrate shocks specific to the ad-hoc risks the firm faces
Perform tasks related to automation, data quality checks, and calculating benchmarking numbers
Assist in the preparation and update of Scenario Severity Guidelines for quarterly macroeconomic and Instantaneous Market Shock scenarios to ensure proper coherence and plausibility of scenarios using historical and internal benchmarks
Design and execute python scripts used to automate the visualization of key drivers used to populate charts and comparisons
Interpret production output results and ensure forecast results are consistent with scenario assumptions, model assumptions, and statistical and econometric foundation assumptions
Conduct forecast oversight to ensure historical data and forecast consistency
Monitor global financial and economic trends and identify and analyze key macro and market risks along with their implications to the global economy and EFT’s forecasts
Collaborate and liaison between technology and scenario production teams to identify bugs and streamline process flow in the production environment

Requirements:

Master’s degree, or foreign equivalent, in Business Analytics, Economics, Mathematics, Statistics, or a related field, and three (3) years of experience in the job offered or in a related quantitative occupation performing modeling and forecasting activities in the finance industry
Performing quantitative review of mathematical and statistical model documentation and testing results utilizing knowledge of calculus, k-means clustering, linear algebra, probability theory and stochastic calculus, focusing on modeling approach, justification, mathematical and market assumptions, and calibration procedures
Implementing risk models using programming languages including C/C++, Python, R, and MATLAB
Applying quantitative and qualitative data analysis methods including SAS programming, Python, R, and Visual Basic programming language to extract, transform, and analyze data
Automating data visualization, extraction and preprocessing tasks used to perform ad hoc data analyses and design, maintaining complex data manipulation processes, and providing documentation for presentations
Designing scenarios for stress testing exercises, calibrating shocks to key driver variables for stress testing scenarios, and benchmarking severity of key driver variables against historical recessionary periods using quantitative and statistical methods

What we offer:

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

Additional Information:

Job Posted:
May 02, 2025

Expiration:
July 18, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Model/Analysis/Validation Officer

Citi

Location:United States, Irving

Category:Finance

Contract Type:Employment contract