Model/Analysis/Validation Officer, Citi

Citi

Location:
United States, Tampa

Category:
Finance

Contract Type:
Employment contract

Salary:

117700.00 - 180000.00 USD / Year

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Job Description:

Citigroup Global Markets Inc. seeks a Model/Analysis/Validation Officer for its Tampa, FL location. The role involves developing and implementing quantitative models of Counterparty Credit Risk (CCR), including simulating stochastic market factor evolution, developing analytics libraries, evaluating counterparty exposure profiles, and integrating pricing models. The Model Officer will also work with control functions and ensure compliance with governance while driving implementation of enhancements for production.

Job Responsibility:

Develop and implement quantitative models of Counterparty Credit Risk (CCR)
Simulate stochastic market factor evolution across multiple asset classes
Develop analytics libraries used for pricing and risk-management
Create, implement, and support quantitative models for the trading business leveraging a wide variety of mathematical and computer science methods and tools
Integrate derivatives pricing libraries for use in the simulated market context
Evaluate counterparty exposure profiles generated by derivative portfolios and model the effect of collateral exchange between counterparties
Drive the effort for implementation of completed model enhancements for production
Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, and Finance to ensure appropriate governance and control infrastructure
Appropriately assess risk/reward of transactions when making business decisions
Develop appropriate mathematical framework to address limitations, non-modeled risk, and other deficiencies in models in response to internal, business, risk management, or regulatory findings
Identify, evaluate, and report on the nature, purpose, and expected impact of changes introduced to models
Produce prototype implementations to be used throughout model lifecycle
Evaluate impact of pricing model changes on major CCR metrics
Enhance and support periodic upgrades of Front Office Integration derivative pricing models
Review changes in Front Office pricing models, categorize, design, and assign appropriate model testing, conduct such testing, and document results

Requirements:

Master’s degree, or foreign equivalent, in Mathematics, Statistics, Economics, or a related field, and two (2) years of experience in the job offered or in a related quantitative occupation analyzing financial data
Utilizing technical and programming skills in Python, C/C++, and UNIX/Linux
Working with Market Data and Statistics and Probability based calculations
Using probability theory to evaluate the risks of complex financial instruments, solve analytical equations and design numerical schemes to analyze complex contracts
Working with Financial products, Investments and Quantitative Methods
Developing and implementing quantitative simulations, pricing models of Counterparty Credit Risk and integrating OTC/ETD derivatives pricing libraries for use in the simulated market context
Evaluating counterparty exposure profiles generated by derivative portfolios and modeling the effect of collateral exchange between counterparties
Creating and maintaining technical model development documentation for modeling methodologies and applications including project plans, model descriptions, mathematical derivations, mathematical and markets assumptions, data analyses, processes, quality controls, calibration procedures, and testing results

What we offer:

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

Additional Information:

Job Posted:
October 14, 2025

Expiration:
November 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Model/Analysis/Validation Officer

Citi

Location:United States, Tampa

Category:Finance

Contract Type:Employment contract