Model Validation 2nd LOD Lead Analyst, Citi

Citi

Location:
India, Haryana ▼
Mumbai

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Risk Analytics, Modeling and Validation role involves development, enhancement, and validation of methods for measuring and analyzing all types of risks, including market, credit, and operational risks. This role ensures financial stability and supports overall business strategy by providing a systematic approach to risk mitigation. Responsibilities include model validations, performance monitoring, regulatory compliance, and collaboration with other teams.

Job Responsibility:

Perform model validations, annual model reviews, ongoing monitoring reviews and model limitation remediation reviews for one or more model/product type
Provide effective challenge to the model development process
Evaluate testing approach and results for individual models in accordance with MRM guidance
Assess the ongoing performance monitoring of the models
Contribute to regulatory and internal audit-related responses
Collaborate with other teams within Risk and the Business regarding qualitative models to facilitate compliance with policies, procedures, and guidance
Assist with preparing the reports and other meeting materials to MRM senior management
Support the process of designing, developing, delivering, and maintaining qualitative model validation process standards, guidance, practices, and documentation
Act as a change catalyst by identifying and driving process improvements
Escalate, identify, and manage risk
Implement controls for operational effectiveness
Proactively identify solutions to improve efficiency and performance.

Requirements:

5-8 years of experience
Experience in Quantitative Finance, Risk management, Analytics, Model Development or Model Validation is preferred
Excellent partnership and teamwork skills
Ability to formulate findings clearly and concisely in a written form and good verbal communication skills
Good analytic, creative thinking, and problem-solving abilities
Adept and meticulous at analysis and documentation of results
Ability to multi-task, work well under pressure, and deliver results under tight deadlines
Programming skills in languages like Python, or other coding language as need
Knowledge of financial markets and products, Banking, Recovery Planning and Resolution Planning requirements
Qualitative or quantitative model risk management experience is a plus
Extensive experience in data analysis and interpretation and technical writing
Strong technical skills such as solid knowledge of time series analysis, statistics and econometrics
Strong analytical skills
Excellent communication and diplomacy skills
Ability to evaluate complex and variable issues
Ability to influence decisions and provide expert advice
Strong problem-solving skills
Ability to work effectively in a team and independently
Project management skills, with the ability to manage multiple tasks and deadlines
Proficiency in data analysis and interpretation
Ability to identify inconsistencies in data or results and define business issues
Ability to formulate recommendations on policies, procedures, or practices
Attention to detail and the ability to make informed judgments based on information.

Nice to have:

Qualitative or quantitative model risk management experience
Strong problem-solving skills
Extensive experience in data analysis and interpretation and technical writing.

What we offer:

Equal opportunity employer
Commitment to workplace diversity
Reasonable accommodations for disabilities.

Additional Information:

Job Posted:
September 23, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Model Validation 2nd LOD Lead Analyst