Model/Analysis/Validation Senior Analyst Job at Citi (Tampa)

Model/Analysis/Validation Officer

Build market risk models for the purpose of regulatory capital calculation and s...

Location

United States , Tampa

Salary:

134000.00 - 180218.00 USD / Year

Citi

Expiration Date

June 17, 2026

Requirements

Requires a Master’s degree, or foreign equivalent, in Financial Mathematics, Mathematics, Statistics, or related field and 4 years of experience as a Model/Analysis/Validation Officer, Model/Analysis/Validation Senior Analyst, Model/Analysis/Validation Intermediate Analyst or related position developing tools for measuring financial models to ensure the reliability, accuracy, and stability of quantitative models used in risk management. Alternatively, employer will accept a Bachelor’s degree in the stated fields and 6 years of progressively responsible, post-baccalaureate experience in the stated positions. Full span of experience must include: Supporting market risk analytics projects in FRTB, CCAR, and ICAAP
Developing market risk models for quantifying market risk exposure for trading books and for calculating regulatory capital
Implementing new models, resolve production issues and enhance existing implementation
Calibrating model parameters, performing variance analysis
Perform ongoing analysis of models, including backtesting and profit attribution analysis (PAA)
Engaging market risk managers
Developing and maintaining technical documentation
and Utilizing quantitative methodologies including linear and non-linear regression, Monte Carlo Simulation, Numerical analysis method, Scenario Analysis and stress testing frameworks.

Job Responsibility

Build market risk models for the purpose of regulatory capital calculation and stressing testing in order to ensure compliance with global regulatory frameworks while providing critical insights into the firm's exposure to market fluctuations
Conduct model changes and address model limitations to improve the model performance in response of regulatory requirement or Front office request
Develop and implement market risk model methodologies, algorithms, and diagnostic tools, integrating quantitative risk measuring work (including backtesting, sensitivity analysis, assumption analysis, data quality, model reliability, stability, and stress testing) to ensure model robustness, performance, and to assess and monitor model limitations
Work with market risk management systems, data flow, data definition and data requirements for various trading products, and conduct multiple analyses to meet risk managers and business needs
Collaborate with various working groups, senior model developers, risk managers, business clients, model validators, Risk IT, internal and external auditors, and regulators to assist with Model Risk Management and fulfill internal risk management requirements
Conduct on-going model performance analysis to discover, understand and quantify model limitations, providing comprehensive interpretations, explanations, and conclusions for resolving model issues
Work within Windows and Linux as programming environment and use Python, R, and SQL
Develop, maintain and enhance technical documentation including project plans, model description, mathematical derivations, data analysis, process and quality controls.

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

Fulltime

Model Validation 2nd LOD Sr. Analyst

Citibank, N.A. seeks a Model Validation 2nd LOD Sr. Analyst for its Irving, Texa...

Location

United States , Irving

Salary:

121800.00 - 134681.20 USD / Year

Citi

Expiration Date

Until further notice

Requirements

Master's degree or foreign equivalent in Statistics, Engineering (any), Mathematics or related field and 3 years of experience as a Model Validation 2nd LOD Intermediate Analyst, Model/Analysis/Validation Senior Analyst, Data Scientist, Credit Risk Analyst or related position
Alternatively, employer will accept a Bachelor's degree in the stated fields and 5 years of the specified progressive, post-baccalaureate experience
Assessing model risk by reviewing model assumptions, examining model inputs, conducting data transformation, and performing diagnostic testing
Utilizing knowledge of mathematics and statistics to verify statistical formulations, check algorithms and programs, develop models to perform statistical testing and write validation reports
Utilizing knowledge of economics and financial theories to fit macroeconomic variables from the Federal Reserve into models
Comparing forecasted balance and loss under stressed macroeconomics scenarios with real value
Assessing impacts from changes in macroeconomic variables to dependent variables
Utilizing SAS (Statistical Analysis System) to test codes
Utilizing SAS to incorporate conceptual soundness and technical testing results in order to finalize model development decisions

Job Responsibility

Work on model validation projects with an emphasis on performance assessment, leveraging current techniques and model risk management requirements
Manage models through entire model life cycle and perform research on model management enhancement with regards to testing requirements
Assess model risk by reviewing model assumptions, examining model inputs, conducting data transformation, performing diagnosis testing, verifying statistical formulations, checking algorithms and programs, developing alternative models to perform statistical testing, and writing validation reports
Fit macroeconomic variables from the Federal Reserve in models in order to forecast balance or loss
Assess model concepts as well as performance of financial and risk management models under varied market and economic conditions, including extreme stress market conditions
Perform continuous research on sophisticated statistical methods and testing standards
Perform sensitivity tests and stress tests in order to meet or exceed Federal Reserve requirements
Work closely with model developers and model sponsors going through lifecycle, including monitoring, implementing and retiring models
Challenge model concept and model performance using limitations in order to motivate model sponsors and model developers to consider additional risk drivers
Work closely with model governance team as a technical support to facilitate management activities, including model inventory and limitation remediation

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

Fulltime

Stress Testing 2nd LOD Senior Analyst

Citibank, N.A. seeks a Stress Testing 2nd LOD Senior Analyst for its Irving, Tex...

Location

United States , Irving

Salary:

127400.00 USD / Year

Citi

Expiration Date

June 11, 2026

Requirements

Master's degree, or foreign equivalent, in Economics, Finance, Mathematics, or related field and 2 years of experience as a Model/Analysis/Validation Senior Analyst, Model Developer, Country Finance Officer, Financial Analyst, Economics Analyst, or related position involving quantitative data manipulation and analysis, model development, and economic research for financial forecasting generation
Alternatively, employer will accept a Bachelor's degree in the listed fields and 5 years of progressively responsible, post-baccalaureate experience in the listed positions
Predictive modelling methods: Time-series, regression, and logistic regression
Automating data extraction and data pre-processing
SQL, R
Data validation and data quality issues identification and control
Additionally, 1 year of experience must include: Developing and validating methods of measuring and analyzing market risk, credit risk and operation risk
Banking regulations including CCAR, CECL, IFRS9 and GSST
Statistical analysis, data modeling and validation
Model risk monitoring, limitations assessment, and overlays management

Job Responsibility

Conduct statistical analysis for risk-related projects and build quantitative forecasting models to support the bank's risk management objectives, used to assess Market Risk, Credit Risk, and Operational Risk
Generate stress testing scenario for regulatory frameworks including Comprehensive Capital Analysis and Review (CCAR), Current Expected Credit Losses (CECL), Internal Financial Standing Reporting 9 (IFRS9), and Global Systemic Stress Testing (GSST)
Present the results of various forecasting scenarios produced by statistical models and write formal documentation the scenarios for model validation and performance monitoring as part of the risk management policy and procedures
Analyze and interpret the data reports generated from various internal and external data sources to identify trends and present quantitative findings to senior management
Validate model assumptions and escalate any identified risks and sensitive areas in the statistical modeling methodology and process
Automate data extraction and data pre-processing tasks using ETL tools including R, and Python and Visual Basic programming languages to achieve efficiency in business process
Perform ad hoc statistical analyses, scenario tests, and sensitivity assessments
Design, maintain and optimize complex data manipulation processes including structured ETL pipelines and automated workflows using SQL and Python to support model development
Visualize analytical results using Excel, Tableau, Python, R and present the quantitative findings to senior management
Conduct statistical research to evaluate model performance, enhance methodologies, and refine forecasting frameworks for Market, Credit and Operational Risk

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

Fulltime

New

Model Validation 2nd LOD Lead Analyst

Citibank, N.A. seeks a Model Validation 2nd LOD Lead Analyst for its Tampa, Flor...

Location

United States , Tampa

Salary:

134300.00 - 154300.00 USD / Year

Citi

Expiration Date

June 25, 2026

Requirements

Master’s degree, or foreign equivalent, in Mathematics, Statistics, Engineering (any), or related field and 3 years of experience as a Model/Analysis/Validation Officer, Model/Analysis/Validation Senior Analyst, Research Assistant, or related position involving the credit risk model development, testing, and validation in a global financial services institution. Alternatively, employer will accept a Bachelor’s degree in the listed fields and 5 years of progressively responsible, post baccalaureate experience in the listed positions. Full span of experience must include: Data Analysis, identifying inconsistencies in data, and defining business issues
Assessment of model development process including data processing, conceptual soundness, and mathematical formulation
Statistical tests of model framework, assumptions, and performance
Financial Risk management
Economic research into macro-economic risk drivers, evaluation of model performance in various macro-economic scenarios, and evaluation of macro-economic impacts to inform capital planning
Proficient in statistical tests including Diagnostic Test, Sensitivity, Stress Testing, Backtesting, and Impact Analysis
Proficient in statistical software including R and large-scale analysis with SQL
Simulations and performance tests with Python, Java, Linux
Regulatory requirements including Basel, CCAR, ICAAP, IFRS9, and CECL
Technical writing and presenting, including regulatory initiatives such as Climate Risk examinations

Job Responsibility

Validate credit risk models using statistical and mathematical tools and economic and finance theories
Test model assumptions and assess model performance
Assess adequacy and relevancy related to modeling data
Design and execute quantitative and statistical testing on model framework and performance
Perform data analysis and quantitative/statistical tests using statistical tools, perform large-scale analysis with programming languages including Python, Linux, SQL
Manage model risk across the model life cycle including ongoing performance evaluations, annual model reviews, and monitoring and governance plans
Oversee the portfolios
Manage stakeholder interaction with model developers and business owners during the model life cycle
Provide effective challenge to model assumptions, mathematical formulation, model performances, and implementation
Assess and quantify risk associated with the model due to model limitations, and inform stakeholders of the risk profile and advise on development of compensating controls

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

Fulltime