Model/Analysis/Validation Officer

Citibank, N.A. seeks a Model / Analysis / Validation Officer for its Long Island City, New York location.

All potential applicants are encouraged to scroll through and read the complete job description before applying.

Duties : Evaluate model performance for Loss Forecasting Models. Assess compliance with Model Risk Management Policies for regulatory reporting for CCAR (Comprehensive Capital Analysis and Review), IFRS (International Financial Reporting Standard) 9, CECL (Current Expected Credit Losses), ICAAP (International Capital Adequacy Assessment Process), and for internal planning.

Use Statistical Analysis Software (SAS), and R to validate, maintain, and test risk models used in North America Consumer unsecured portfolios.

Develop and enhance Model Risk Management (MRM) policy and guidance provided to stakeholders. Hold authority to approve or decline models used for retail loss forecasting purposes in the U.

S. to recommend changes to the methodology used to forecast losses. Advise MRM managers on policy exceptions requests and responses to concerns and challenges raised by U.

S. regulatory bodies. Validate loss forecasting models used in regulatory reporting for CCAR, CECL. Assess and quantify model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls.

Assess compensating control suggested by model sponsor against the limitations raised to ensure the timely and appropriate remediation of the issues and gaps identified in models.

A telecommuting / hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements : Requires a Master's degree, or foreign equivalent, in Business Administration, Finance, Business Management, Statistics or related field and 5 years of experience as a Model Developer, Risk Modeling Associate, Business Analyst, or related position involving Model development, Model validation, and Risk management for financial industry.

• 5 years of experience must include : Modeling techniques in financial forecasting; Statistical regression techniques; Model testing;
• Data analysis; Excel, and SharePoint. At least 3 years of experience must include : Model risk management framework; SAS;

and CCAR. Applicants submit resumes at https : / / jobs.citi.com / . Please reference Job ID #24722830. EO Employer.

Wage Range : $164,136.17 to $182,000

Job Family Group : Risk Management

Job Family : Risk Analytics, Modeling, and Validation

Job Family Group : Job Family :

Job Family : Time Type :

Time Type : Full time

Full time

Primary Location :

Long Island City New York United States

Primary Location Salary Range :

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities.

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