Risk Model Validator, Officer (Hybrid)

Citi; Haryana; Ibrido; INR 1.200.000 - 2.400.000; Tempo pieno

Vantaggi offerti da questo lavoro

Hybrid work schedule

Learning and development programs

Financial wellbeing support

Descrizione del lavoro

Citi is seeking a Risk Model Validator to independently assess and challenge risk models used to measure market, credit, and operational risk. You will work within Model Risk Management to validate credit risk models, early warning tools, and loss given default studies, delivering evidence-based reviews that strengthen Citi's risk framework.

You will collaborate with Validation Leads to monitor model performance, prepare senior-level materials, and contribute to standards and templates.

Competenze

• 2 to 5 years of quantitative analysis, risk management, or model development experience.
• Strong written and verbal communication skills for clear presentation of findings.
• Solid analytical and problem-solving abilities with meticulous attention to detail.
• Ability to manage multiple priorities and meet deadlines; knowledge of time series, statistics, and econometrics.

Mansioni

• Perform model validations, annual model reviews, and ongoing monitoring for Low/Medium risk models.
• Conduct remediation reviews to ensure performance standards are met.
• Provide effective challenge to model development teams as per policy.
• Monitor validated models to ensure ongoing fitness for purpose.
• Prepare reports and materials for senior risk management stakeholders.
• Help design validation standards, templates, and documentation practices.
• Elevate control issues transparently to safeguard Citi and clients.

Conoscenze

Quantitative analysis

Risk management

Model development

Communication

Analytical thinking

Time series analysis

Formazione

Bachelor’s degree or equivalent

Strumenti

Python

MATLAB

C

C++

C#

VBA

Descrizione del lavoro

As a Risk Model Validator, you will independently assess and challenge the models Citi relies on to measure market, credit, and operational risk. This role sits within Model Risk Management (MRM), where you will validate obligor credit risk models, early warning tools, and Loss Given Default studies that protect Citi's financial stability. You will work closely with a Validation Lead to deliver rigorous, evidence-based reviews that strengthen the integrity of Citi's risk management framework.

Responsibilities

• Perform model validations, annual model reviews, and ongoing monitoring reviews for Low and Medium Model Risk Rating models within an assigned model or product type.
• Conduct model limitation remediation reviews to ensure validated models continue to meet performance standards.
• Provide effective challenge to model development teams in line with Citi's Model Risk Management Policy.
• Monitor the ongoing performance of validated models to confirm they remain fit for purpose.
• Contribute analysis and documentation to support regulatory and internal audit responses.
• Prepare reports and meeting materials for senior model risk management stakeholders.
• Help design and maintain validation standards, templates, and documentation practices.
• Identify and elevate control issues with transparency to safeguard Citi, its clients, and its assets.

Required Qualifications & Skills

• 2 to 5 years of relevant experience in quantitative analysis, risk management, or model development.
• Strong written and verbal communication skills, with the ability to present findings clearly and concisely.
• Solid analytical, creative thinking, and problem-solving abilities.
• Meticulous attention to detail when analyzing and documenting results.
• Ability to manage multiple priorities and deliver results under tight deadlines.
• Working knowledge of time series analysis, statistics, and econometrics.
• Bachelor's or university degree, or equivalent experience.

Beneficial Skills & Qualifications

• Background in Quantitative Finance, Risk Management, Analytics, Model Development, or Model Validation.
• Programming experience in Python, MATLAB, C, C++, C#, or VBA.
• Experience developing or validating risk measurement methods and models.
• Exposure to credit risk analysis, particularly early warning tool development.

What We Offer

Join a global model risk function where your analysis directly shapes how Citi measures and manages risk across the business.

• Work in a hybrid model with 3 days in the office and 2 days working remotely each week.
• Gain exposure to a wide range of model types and risk categories across a global institution.
• Build technical and analytical expertise through structured learning and development opportunities.
• Collaborate with experienced validation leads and model risk professionals on high-impact reviews.
• Access resources supporting financial wellbeing and work-life balance.

Job Family Group

Risk Management

Job Family

Model Validation

Time Type

Full time

Most Relevant Skills

Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

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