Senior Vice President, Head of AI Research & Development, Citi

Citi

Location:
United States, Wilmington, Delaware

Category:
Finance

Contract Type:
Not provided

Salary:

156160.00 - 234240.00 USD / Year

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Job Description:

The Head of AI Research & Development position is a senior leader role in the Artificial Intelligence (AI) Review and Challenge Group within Citi’s Model Risk Management (MRM) organization. This position will be a Subject Matter Expert within MRM for AI applications, leading research and development of Generative AI use cases for MRM. This position will also lead the team to perform independent review and effective challenge of all lifecycle activities of Artificial Intelligence (AI) / Machine Learning (ML) non-model objects (including Generative AI use cases) used in Citi. Excellent communication skills required to communicate validation outcome and rationale to senior management, Internal Audit, and external regulators. Necessitates a degree of responsibility over technical strategy. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

Job Responsibility:

Oversee a portfolio (e.g., Commodities business models) of model types / product types for a specific business area
Perform model validations, annual model reviews, ongoing monitoring reviews (on Low, Medium and High Model Risk Rating (MRR) models), model limitation remediation reviews, Supervisory and Peer Reviews across the specific portfolio
Ensure accuracy of validations performed by Validators covering the VL’s specific portfolio
Provide effective challenge to the model development process on Low / Medium / High MRR models in accordance with the Citi Model Risk Management Policy
Covers both technical and functional aspects, including model assumptions, conceptual soundness, mathematical formulation, model calibration, and model performance, as well as the functional assessment of using the model for regulatory and business applications
Job responsibilities include reviewing models and identifying shortcomings development documents, performing validation tests, discussing findings with senior stakeholders, writing validation reports, and managing model risk on an ongoing basis
Communicating a compelling vision of the future
helps them identify opportunities for change and improvement during uncertainty
Inspires the team to constantly improve, own mistakes, and proactively share learnings with other teams
demonstrates deep curiosity to help the team learn and improve
Creates a team environment in which members are proactively invited to speak up, seek out, and debate alternative views
role-models agility to change course when presented with new information
Acts as a catalyst for change by identifying and championing ideas that benefit the organization
supports the team to safely experiment
Communicates the context behind key organizational decisions
puts the enterprise above the team, and helps the team make decisions that benefit the greater good
Creates focus by communicating and aligning resources to the most critical organizational priorities
proactively reduces potential distractions for the team
Proactively identifies and acts on opportunities to manage risk through streamlining processes, eliminating redundancies across teams, and reducing over-customization
Leads teams to strengthen controls that support client satisfaction and operational effectiveness
creates a culture in which all team members take accountability for managing risk
Guides the team in solving complex business challenges by taking time to gather data, uncover root causes, and identify sustainable solutions
Leads teams to continuously raise expectations
inspires them to exceed performance goals and deliver the best possible work
Role-models, educates, and holds the team accountable for doing the right thing for clients and Citi, in all situations, even when difficult
Holds self and team accountable for establishing partnerships that break down boundaries and engage cross-functional partners early and often
creates opportunities for enhanced collaboration across business and functions
Reinforces opportunities for team members to support clients and communities
educates teams on the challenges faced by Citi’s constituents
Creates a flexible and engaging work environment in which employees can achieve work-life balance and people of diverse backgrounds and styles can thrive
lives by example
Proactively seeks out and champions diverse talent for critical roles
is intentional in taking action to ensure all team members are treated in a fair and equitable manner
Actively monitors and listens respectfully to how teams are feeling, particularly when facing challenges
assumes best intent and responds with empathy
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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards

Requirements:

10+ years of experience
Demonstrated project management and organizational skills and capability to handle multiple projects simultaneously
Deep understanding of financial instruments, pricing models, simulation and other relevant risk estimation methodologies, and regulatory requirements
Sound knowledge in Calculus, Linear Algebra, Statistics, and Numerical Methods
Strong verbal and written communication skills
Solid writing skills
Programming skills in languages like Python, MATLAB, C/C++/C#, VBA or other coding language as need
Extensive experience in developing and validating risk measurement methods and models for one or more businesses and product areas
Familiarity with regulatory requirements related to relevant model types and risk management practices
Strong knowledge of risk management principles and practices
Familiar with regulatory requirements related to the relevant model portfolios
Proficiency in data analysis and interpretation
Experience in conducting extensive quantitative and qualitative analysis
Ability to formulate recommendations on policies, procedures, or practices
Excellent analytical and problem-solving skills, with the ability to make complex judgments and select complex alternatives
Strong commercial awareness and business acumen
Excellent communication and negotiation skills, with the ability to communicate effectively both internally and externally
Ability to apply ingenuity and creativity to problem analysis and resolution in complicated and/or novel situations
Strong leadership and team management skills

What we offer:

medical, dental & vision coverage
401(k)
life, accident, and disability insurance
and wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Additional Information:

Job Posted:
August 19, 2025

Expiration:
August 25, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Vice President, Head of AI Research & Development

Citi

Location:United States, Wilmington, Delaware

Category:Finance

Contract Type:Not provided