Model Validation Senior Analyst

• Performing independent validation of models in the Global Functions, in line with Citi Model Risk Management Policy and procedures. This includes critically reviewing the appropriateness of a model approach versus alternative model approach with respect to the modeling objective and available data.
• Producing high quality validation reports, including highlighting risks and limitations of the model.
• Evaluating testing approach and results for individual models in accordance with MRM guidance.
• Assessing the ongoing performance monitoring of the models.
• Contributing to regulatory and internal audit related responses.
• Collaborating with other teams within Risk and the Business regarding qualitative models to facilitate compliance with policies and procedures.
• Assisting with preparing reports and meeting materials to MRM senior management.
• Supporting the process of designing, developing, delivering and maintaining best-in-class qualitative model validation process standards, guidance, practices, templates and other documentation.

Key requirements:

• Minimum Bachelor’ degree in Finance, Economics, or quantitative discipline (statistics, quantitative finance, econometrics). Masters’ degree is preferable.
• Ideally 3 years of experience in Banking, Treasury, Finance or Risk management.
• Programming skills in Python, MATLAB, C, C++, C#, VBA, R, and SAS.
• Ability to clearly and concisely formulate findings in written form and good verbal communication skills.
• Good analytic, creative thinking and problem solving abilities.
• Adept and meticulous at analysis and documentation.
• Ability to multi-task, work well under pressure and committed to deliver under tight deadlines.
• Knowledge of financial markets and products.
• Experienced user of Microsoft Office Suite, especially Excel, PowerPoint and Word.

Nice to have:

• Solid knowledge of statistics, econometrics, AI/Machine Learning and Finance.
• Model validation experience.