Modeling/Analysis/Validation Officer, Citi

Citi

Location:
United States, Long Island City

Category:
Finance

Contract Type:
Employment contract

Salary:

175352.80 - 183000.00 USD / Year

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Job Description:

Citibank, N.A. seeks a Modeling/Analysis/Validation Officer to lead model validation in areas such as Capital Adequacy, HR, Pension, Insurance, and Climate Risk. Responsibilities include validation oversight, stakeholder communication, and model performance evaluation based on regulatory and business standards.

Job Responsibility:

Lead the validation of financial or economic models in the areas of Capital Adequacy, HR, Pension, Insurance, and Climate Risk
Communicate with stakeholders, including model sponsors, auditors, and regulators, and discuss validation finding related to models
Provide oversight on the validation in these areas
Assess modeling data and assumptions, conceptual soundness, and mathematical formulation, based on quantitative or theoretical evidence
Evaluate model performance and fit for purpose according to regulatory requirements and business needs, based on statistical techniques and financial knowledge

Requirements:

Master’s degree, or foreign equivalent, in Mathematics, Statistics, Economics, Finance, or a related field, and three (3) years of experience in the job offered or in a related occupation
Performing or analyzing financial modeling utilizing calculus, numerical analysis, statistics, and linear algebra
Applying knowledge of financial business practices, regulatory requirements, financial products, risk management, and regulatory requirements to understand target specifications and scope of financial models
Building and validating quantitative models, analyzing model data, and modifying underlying model code using analytical or scientific software, including MATLAB, PYTHON and SAS
Utilizing object or component oriented development software, including Python and C++
Drafting business or technical documentation including validation reports
Conducting model development and validation testing using various techniques, identifying potential model weakness and developing adequate statistical or performance tests used in the evaluation of model compliance according to target requirements or specifications
Programming, executing and developing model code using development environment software, including Microsoft Visual Studio
Utilizing financial analysis software, including S&P CapitalIQ as a data source or for preliminary data processing

What we offer:

Medical, dental & vision coverage
401(k)
life, accident & disability insurance
wellness programs
paid time off packages including planned vacation, unplanned sick leave, and holidays
discretionary and formulaic incentive and retention awards

Additional Information:

Job Posted:
May 06, 2025

Expiration:
June 23, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Modeling/Analysis/Validation Officer

Citi

Location:United States, Long Island City

Category:Finance

Contract Type:Employment contract