Model/Anlys/Valid Sr Mgr, Citi

Citi

Location:
India, Mumbai

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Model/Anlys/Valid Officer is a strategic professional who stays abreast of developments within their own field and contributes to the directional strategy of the business. The role involves risk analytics, model validation, and contributing to cross-functional initiatives within Citi.

Job Responsibility:

Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational
may develop, validate and strategize uses of scoring models and scoring model related policies
manages model risk across the model life-cycle including model validation, ongoing performance evaluation and annual model reviews
produces analytics and reporting used to manage risk for Citi's operations
translates operational requests from the business into programming and data criteria and conduct systems and operational research in order to model expected results
assists in the development of analytic engines for business product lines
communicates results to diverse audiences
conducts analysis and packages it into detailed technical documentation report for validation purposes sufficient to meet regulatory guidelines and exceed industry standards
participates on teams to solve business problems
identifies modeling opportunities that yield measurable business results
provides guidance to junior validators as and when necessary
manages stakeholder interaction with model developers and business owners during the model life-cycle
represents the bank in interactions with regulatory agencies, as required
presents model validation findings to senior management and supervisory authorities
provides effective challenge to model assumptions, mathematical formulation, and implementation
assesses and quantifies model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls
contributes to strategic, cross-functional initiatives within the model risk organization
appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Requirements:

6-10 years experience
proficient in Microsoft Office with an emphasis on MS Excel
consistently demonstrates clear and concise written and verbal communication skills
self-motivated and detail oriented
demonstrated project management and organizational skills and capability to handle multiple projects at one time.
practical experience using SAS or similar statistical coding software to build and test prediction models
comfortable interfacing with business clients
proficiency handling very large data sets
experience in a quantitative role in risk management at a financial institution with experience in either model development or validation
good knowledge and understanding of a variety of model development and validation testing techniques covering risk models.

Additional Information:

Job Posted:
April 26, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Model/Anlys/Valid Sr Mgr