Jobs for People with MS: National MS Society

Citibank, N.A. seeks a Model/Analysis/Validation Officer for its Irving, Texas location.

Duties: Validate Loss Forecasting and PPNR (Pre-Prevision Net Revenue) models with the primary area in the ICAAP (Internal Capital Adequacy Assessment Process). Cover both technical and functional aspects, including developments, enhancement, and validation methods of measuring and analyzing risk, for all risk model types mentioned above. Assess the model assumptions, conceptual soundness, mathematical formulation, model calibration, and model performance. Evaluate the models for regulatory and other business applications. Perform and review validation tests using computer programming languages, such as open sources analytical tools including Python, R, as well as SAS, and SQL. Prepare business as usual and ad-hoc reports in accordance with the Risk Management Teams priorities and requirements, running integrity checks on the reports and checking key numbers from other independently created reports. Discuss findings with internal and external stakeholders, writing validation documents, and managing model risk on an ongoing basis. Interact with overseas model sponsors to ensure Citi model framework and ICAAP (Internal Capital Adequacy Assessment Process) standards are maintained throughout the model development and ongoing model monitoring. Mentoring junior team members, providing training. Responding to regulatory and Internal Audit inquiries regarding conceptual soundness of 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 Statistics, Applied Mathematics, Operations Research, Economics, Quantitative Finance, Financial Engineering or related field and 3 years of experience as a Quantitative Model Developer, Quantitative Risk Modeler, Associate, or related position involving model validation and development for a global financial or investment banking institution. 3 years of experience must include: Knowledge of Economics and Finance in relation to asset classes including Fixed Income, Equity, and Derivatives; analyzing and modeling Balance Sheet and Income Statement. Using statistics and mathematics to develop quantitative models (transition matrix, loss forecasting). Regulatory requirements, industry standards on model validation, model risk management and stress testing. Programming Languages R, Python and SAS for data treatment and performing econometrics analysis. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #24741197. EO Employer.

Wage Range: $138,041.90 to $173,500

Job Family Group: Risk Management

Job Family: Risk Analytics, Modeling, and Validation

Job Family Group:

Job Family:

Time Type:

Full time

Primary Location:

Irving Texas United States

Primary Location Full Time Salary Range:

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date:

Jul 03, 2024

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. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.