Model Validation 2nd LOD Sr. Lead Analyst

Citigroup Inc.; New York (NY); Híbrido; USD 211.000 - 248.000; Jornada completa

Descripción de la vacante

Citibank, N.A. in New York, NY is seeking a Model Validation 2nd LOD Sr. Lead Analyst to validate credit risk models across wholesale portfolios, including CCAR, Basel, ICAAP, CECL/IFRS9, and climate stress testing.

You will assess methodologies, perform validation testing, and guide remediation actions in alignment with Basel/CCAR and Citi Model Risk Management policies. The role requires extensive quantitative experience, strong programming (SAS, R, Python, MATLAB, C++) and clear communication

Formación

• Bachelor’s degree or foreign equivalent in Statistics, Mathematics, Finance, Economics, or a related field.
• Ten years of experience in credit risk model validation across wholesale portfolios and Basel/CCAR/IFRS9/ICAAP.
• Experience with regulatory requirements and model risk governance; strong programming and communication skills.

Responsabilidades

• Conduct validations of credit risk models across wholesale banking portfolios, including CCAR, ICAAP and IFRS9.
• Assess model assumptions, perform testing, and determine Model Risk Rating and remediation plans.
• Prepare validation documentation and respond to internal audits and regulatory exams.
• Communicate complex findings effectively in written and verbal form; collaborate with stakeholders.

Conocimientos

SAS

R

Python

MATLAB

C++

Educación

Bachelor’s degree

Master’s degree or PhD

Descripción del empleo

Citibank, N.A. seeks a Model Validation 2nd LOD Sr. Lead Analyst for its New York, NY location.

DUTIES: Conduct validations of credit risk models used across wholesale banking portfolios, including models for commercial real estate CCAR, AFS/HTM direct obligations stress testing, RWA estimation, Wholesale Basel parameter calculations, EBA stress testing, ICAAP, and climate stress testing. Assess and test modeling assumptions to ensure that inherent model assumptions are aligned with model methodology theory and their design objectives and are fit for their intended purpose and use. Conduct validation testing and guidance that align with regulatory requirements outlined in Basel/CCAR/CECL/IFRS9/ICAAP/EBA and other regulations including Citi internal Model Risk Management policy. Assess the overall model risk and determine the Model Risk Rating. Conduct thorough reviews of validation documentation, including Model Validation Reports, Ongoing Monitoring Conclusion Document, and Annual Model Review. Review and assess the validation outcomes in accordance with Model Risk Management Policies and Procedures. Propose remediation plans for model limitations identified during the validation process and document remediation timelines in coordination with stakeholders. Review and assess evidence and accept or challenge proposals to close action items for model risk mitigation. Prepare and address internal and external federal exams on model validations. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.

REQUIREMENTS: Bachelor’s degree, or foreign equivalent, in Statistics, Mathematics, Finance, Economics, or a related field, and ten (10) years of experience in the job offered or in a related quantitative occupation. Ten (10) years of experience must include: Conducting credit risk model validation within Wholesale Portfolios Basel Parameter models, CCAR, CECL/IFRS9, and Internal Capital Adequacy Assessment Process (ICAAP) models; Applying the regulatory requirements outlined in CCAR, Basel rules, EBA stress testing, ICAAP, IFRS 9, and CECL when performing model validation and governance assignments; Performing statistical modeling techniques and quantitative analysis within risk management principles; Addressing reviews and challenges on the effectiveness of model validations from internal auditing and external regulatory exams; Utilizing advanced programming languages, statistical tools, and software, including SAS, R, Python, MATLAB, and C++; Programming numerical, closed-form-based models, analytical calculations, and simulations, and implementing quantitative tests to verify model behavior; and Communicating complex validation findings effectively through written and verbal communication. In the alternative, Employer will accept a Master’s degree, or foreign equivalent, and eight (8) years of experience. Employer will accept a PhD and four (4) years of experience. Employer will accept pre- or post- PhD degree experience. 40 hrs./wk.

Wage Range: $211,413.00 to $247,900.00

Job Family Group: Risk Management

Job Family: Model Validation

Time Type:

Full time

Primary Location:

New York New York 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.

Most Relevant Skills

Wholesale Lending Operations Management.

Anticipated Posting Close Date:

Dec 14, 2026

Automated Processing and AI

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