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MRM Validation Analyst II

https://www.citi.com/ Logo

Citi

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Location:
India , Mumbai

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Category:

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Contract Type:
Employment contract

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Salary:

Not provided

Job Description:

The role involves evaluating conceptual soundness and model performance of various forecasting models for loss, balance, stress testing, and macro-economic metrics, ensuring compliance with applicable policies and contributing to cross-functional initiatives.

Job Responsibility:

  • Review and validate new and existing model and framework, provide effective challenge, ensure validation work quality
  • Help manage model risk across the model lifecycle including model validation, performance evaluation and annual model reviews
  • Challenge and continually improve MRM Guidance on modeling approaches and model performance testing
  • Contribute to strategic, cross-functional initiatives within MRM organization.

Requirements:

  • Minimum of Master’s degree in a quantitative field (Statistics, Mathematics, Physics, Engineering, Computer science, etc.)
  • Higher academic qualifications and/or certifications such as a PhD, a second Master’s degree, CPA or CFA is a plus
  • Must have a strong background in statistical modelling techniques
  • Good understanding of Model Risk Management
  • Strong written and oral communication skills.

Nice to have:

Higher academic qualifications and/or certifications such as a PhD, a second Master’s degree, CPA or CFA is a plus.

What we offer:
  • Plenty of learning and growth opportunities
  • Exposure to technical and leadership perspectives
  • Interaction with different areas of business operations
  • Exposure to a variety of modeling approaches, including machine learning
  • Equal opportunity employer.

Additional Information:

Job Posted:
April 29, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:

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