Qualitative Models Validation Senior Analyst

Solid; Polska; Hybrid; PLN 120,000 - 180,000; Full time

Job summary

Solid is seeking an experienced professional to join the Qualitative Model Validation team within the Model Risk Management group of the Risk organization. This maternity cover/replacement role conducts independent validation of qualitative models, reviews alignment with objectives, and produces high-quality validation reports.

You will evaluate testing, monitor ongoing performance, support audits, and collaborate across Risk and the Business to ensure policy compliance, documentation, and

Qualifications

• Bachelor's in Finance, Economics or quantitative field; master's preferred.
• Approximately 3 years' experience in Banking, Treasury, Finance or Risk management.
• Knowledge of financial markets and products.
• Strong partnership and teamwork skills.
• Clear written findings and good verbal communication.
• Strong analytical, creative thinking and problem solving.
• Meticulous in analysis and documentation.
• Ability to multi-task and meet tight deadlines.
• MS Office proficiency, esp. Excel/PowerPoint/Word.
• Knowledge of time series analysis, statistics and econometrics is a plus.

Responsibilities

• Perform independent validation of qualitative models across the firm per Citi MRM policy and procedures.
• Critically review qualitative vs quantitative approaches for the modeling objective and data.
• Produce high-quality validation reports highlighting risks and limitations.
• Evaluate testing approaches and results for models per MRM guidance.
• Assess ongoing performance monitoring of the models.
• Contribute to regulatory and internal audit responses.
• Collaborate with Risk and Business teams to ensure policy compliance.
• Prepare reports and materials for MRM senior management.
• Support the design, development, delivery and maintenance of validation standards/templates.

Skills

Qualitative validation

Analytical thinking

Written communication

Teamwork

MS Office

Education

Bachelor's degree in Finance/Economics/Quantitative field

Master's degree preferred

Tools

Python

R

Excel

PowerPoint

Word

Job description

• 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

Kogo poszukujemy?

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