This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
Citibank, N.A. seeks a Model/Analysis/Validation Officer for its Tampa, Florida location. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Job Responsibility:
Develop, enhance and validate the methods of measuring and analyzing market, credit and operational risks, and strategize uses of scoring models and related policies
Manage risk across the model life-cycle through model validation, ongoing performance evaluation and annual model reviews
Produce analytics and reporting used to manage risks related to operations and communicate the results to diverse audiences
Translate operational requests from the business into programming and data criteria and, conduct systems and operational research to model expected results
Assist in the development of analytic engines for business product lines
Conduct model analysis and document them into report for validation of meeting the regulatory guidelines and industry standards
Provide effective challenge to model assumptions, mathematical formulation, and implementation
Assess and quantify risk associated with model limitations, and inform stakeholders of their risk profile and propose compensating controls
Manage stakeholder interactions with model developers and business owners during the model life-cycle
Represent the bank in interactions with regulatory agencies, as required
Present model validation findings to senior management and supervisory authorities
Identify modeling opportunities that yield measurable business results
Provide guidance to junior validators as and when necessary and participate in team efforts to solve business problems
Requirements:
Master’s degree, or foreign equivalent, in Economics, Finance, or related field and 3 years of experience as a Model/Analysis/Validation Senior Analyst, Quantitative Analyst, Economic Researcher, or related position involving quantitative model development, analysis and validation, and data processing and quality control for modelling
Alternatively, employer will accept a Bachelor’s degree in the stated fields and 6 years of the specified progressive, post-baccalaureate experience
Full span of experience must include: Developing, monitoring, and validating quantitative models for market risk measurement and stress testing
Monte Carlo simulation, stochastic calculus, and time-series econometrics
Processing large-market datasets and monitoring data quality including identifying outliers, gaps and stale data using statistical methods
Performing advanced data analytics and model implementation using Python, R, Linux, and SQL
Creating data visualizations to present model results and test outcomes to stakeholders and model validators
Explaining model details, VaR breach, or stress scenarios to stakeholders
Initiating model changes, validation documents, and UAT result analyses
Collaborating with cross-functional teams to design and execute UAT testing
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
discretionary and formulaic incentive and retention awards