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Citibank, N.A. seeks a Model/Analysis/Validation Officer, VP for its New York, NY 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:
Research, develop, and calibrate climate risk models used for quantifying wholesale credit loss for regulatory stress testing and internal stress testing
Support the integration of climate risk models into existing wholesale credit risk model framework
Execute data analytics to analyze model performance and generate climate risk insights using R or Python
Communicate key aspects of climate models to various stakeholders including model sponsors, model risk management, and business partners
Collaborate with first and second lines of defense for application of climate models to needs and requirements
Requirements:
Master’s degree, or foreign equivalent, in Environmental or Life Sciences, Economics, Finance, Engineering (any), or a related field and four (4) years of experience as a Modeling Analyst, Quantitative Analyst, Research Assistant, or related position analyzing and implementing climate risk models
Alternatively, employer will accept a Bachelor’s degree in the stated fields and six (6) years of the specified progressive, post-baccalaureate experience
4 years of experience must include: Data analytics to process and analyze large datasets using R and Python
Development, calibration, implementation, and maintenance of statistical and/or machine learning models
Business acumen of the climate vulnerability of various industries and segments
Engaging with stakeholders to communicate technical information
1 year of experience must include: Implementing Climate Models in Linux server to generate model results
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