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Citibank, N.A. seeks a Model/Analysis/Validation Senior Analyst for its Wilmington, DE location.
Job Responsibility:
Develop, enhance, and validate the methods of measuring and analyzing risk, for all risk types including market, credit and operational
Develop, validate and strategize uses of scoring models and scoring model related policies
Conduct statistical analysis for risk related projects and data modeling/validation
Apply quantitative and qualitative data analysis methods including SAS programming, Structured Query Language (SQL) to extract, transform and analyze data and Visual Basic programming language
Prepare statistical and non-statistical data exploration, validate data, identify data quality issues
Conduct data analysis, data mining, read and create formal statistical documentation, reports and work with Technology to address issues
Analyze and interpret data reports, make recommendations addressing business needs
Use Predictive modeling methods, optimizing monitoring systems, document optimization solutions, and presenting results to non-technical audiences
create formal documentation using statistical vocabulary
Generate statistical models to improve methods of obtaining and evaluating quantitative and qualitative data and identify relationships and trends in data and factors affecting research results
Validate assumptions
escalate identified risks and sensitive areas in methodology and process
Automate data extraction and data preprocessing tasks, perform ad hoc data analyses, design and maintain complex data manipulation processes, and provide documentation and presentations
Requirements:
Bachelor’s degree, or foreign equivalent, in Financial Engineering, Quantitative Finance, Mathematics, or a related field
Five (5) years of experience in the job offered, or in a related occupation performing Model Risk Management
Five (5) years of experience must include: Building models, monitoring a model performance, and validating a model using statistical and quantitative technologies
Handling data scrubbing and coding with any language of Python/R/SAS
Using programming languages including R, Python, SAS and Matlab to perform validation works
Conducting model assessment by leveraging knowledge of Statistics, Time Series, Machine Learning, Numerical Analysis and Linear Algebra
In the alternative, employer will accept a Master’s degree and three (3) years of experience
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