Model Validation 2nd Line of Defense Lead Analyst, Citi

Citi

Location:
United States, Long Island City

Category:
Finance

Contract Type:
Employment contract

Salary:

158695.00 - 184000.00 USD / Year

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Job Description:

Citibank, N.A. seeks a Model Validation 2nd LOD Lead Analyst for its Long Island City, New York location. The role involves evaluating quantitative modeling techniques, validating mathematical or statistical models, and managing end-to-end model review and validation workflow for Consumer Valuation models.

Job Responsibility:

Evaluate quantitative modeling techniques to valuate financial instruments
Validate mathematical or statistical models for risk management and value and data analysis
Manage end-to-end model review and validation workflow for new and existing Consumer Valuation models for assigned geographical areas and model types
Assess and challenge proposed model design, theory, and framework throughout model development lifecycle to ensure quality of model
Evaluate model performance and validate model using statistical and mathematical techniques
Interact with stakeholders, including model developers and business owners to support risk management projects during model lifecycle
Design continued model monitoring plan and annual model review plan
Use Excel, SAS programming, Python and SQL to replicate and validate model performance
Conduct quarterly and annual model performance reviews and justify soundness of quantitative risk models
Manage model inventory reconciliation
Conduct model analyses and document validation process into detailed reports assuring compliance with regulatory guidelines and conformance to industry standards

Requirements:

Master’s degree, or foreign equivalent, in Quantitative Finance, Mathematics, Finance, or related field
2 years of experience as an IT Business Analyst, Quantitative Business Analyst, Data Analyst, or related position involving business and risk model analysis, development, and validation in the global financial services industry
Programming languages: Excel (Macro VBA), Python, and SQL
Quantitative modeling techniques: data analysis, modelling methodology, performance validation, model usage, implementation and maintenance
Risk project management
Applying data analysis: regression, machine learning, and scenario simulation
Regulatory compliance and documentation drafting
Mathematical and statistical modeling
Model performance monitoring and review
Model review and validation workflow management

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

Additional Information:

Job Posted:
July 29, 2025

Expiration:
September 15, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Model Validation 2nd Line of Defense Lead Analyst

Citi

Location:United States, Long Island City

Category:Finance

Contract Type:Employment contract