Qualitative Models Validation Senior Analyst

• This position is a maternity cover / replacement contract within the Qualitative Model Validation team, part of the Model Risk Management (MRM) group in the Risk organization
• Performing independent validation of qualitative models across the firm, in line with the Citi Model Risk Management Policy and procedures
• Critically reviewing the appropriateness of a Qualitative Model versus alternative quantitative approaches with respect to the modeling objective and available development 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 to facilitate compliance with policies, procedures and guidance
• Assisting with preparing reports and other meeting materials for MRM senior management
• Supporting the design, development, delivery and maintenance of best-in-class qualitative model validation process standards, guidance, practices and templates

Key requirements:

• Minimum Bachelor's degree in Finance, Economics or a quantitative discipline (statistics, quantitative finance, econometrics); Master's degree preferable
• Ideally 3 years of experience / knowledge of Banking, Treasury, Finance or Risk management
• Knowledge of financial markets and products
• Excellent partnership and teamwork skills
• 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 deliver under tight deadlines
• Experienced user of Microsoft Office Suite, especially Excel, PowerPoint and Word
• Solid knowledge of time series analysis, statistics and econometrics highly advantageous

Nice to have:

• Qualitative or quantitative model risk management experience
• Knowledge of Python or R language