Model Validation Senior Analyst

Citi; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Defined Contribution Pension Plan (6%)

Private Medical Care for employee and家

Life Insurance for employee and family

Employee Assistance Program

Sport Card

Volunteer day

Cafeteria/Flex benefits

Annual discretionary incentive

Job summary

Citi in New York seeks a Model Validation Senior Analyst to perform independent validation of Global Functions models, ensuring methodological rigor and clear communication of model risks. You will produce validation reports and support regulatory responses, working with Risk and Business teams to uphold Citi's MRMs and governance standards.

Profile includes quantitative background, strong programming skills, and the ability to multi‑task under deadlines, with hybrid work options and a

Qualifications

• Minimum bachelor’s degree in Finance or Economics, or a quantitative discipline (statistics, quantitative finance, econometrics). Master’s degree preferred.
• Ideally 3 years of experience/knowledge of Banking, Treasury, Finance/Risk management; capable candidates with fewer years considered.
• Excellent partnership and teamwork skills.
• Proficiency in Python, MATLAB, C/C++/C#, VBA, R and SAS.

Responsibilities

• Perform independent validation of models in the Global Functions in line with Citi Model Risk Management Policy and procedures; review model approach versus alternatives.
• Produce high‑quality validation reports, highlighting risks and limitations of the model.
• Evaluate testing approach and results for individual models per MRM guidance.
• Assess ongoing performance monitoring of the models.
• Contribute to regulatory and internal audit related responses.
• Collaborate with Risk and Business teams to ensure compliance with policies and guidance.
• Assist in preparing reports and materials for MRM senior management.
• Support development and maintenance of best‑in‑class validation standards, templates, and documentation.

Skills

Analytical thinking

Teamwork

Written communication

Problem solving

Multi-tasking under pressure

Education

Bachelor's degree in Finance or Economics

Master's degree preferable

Tools

Python

MATLAB

C/C++/C#

VBA

R

SAS

Job description

Model Validation Senior Analyst

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Join Global Functions Model Validation team!

Our team is part of the Model Risk Management (MRM) group within the Risk organization. The Global Functions Model Validation team is responsible for reviewing and assessing models in the Global Functions area as part of Citi’s Model Risk Management framework. The main objectives are to ensure that models are used appropriately by the business and that model users are aware of the models’ limitations and weaknesses that should be mitigated by compensating controls. Global Functions cover Liquidity, Treasury, Operational Risk, Banking, Legal, Securitization, Pension, Insurance, Human Resource and others. Models are utilized for Stress testing, Capital Estimation, Portfolio Management, Business Planning and others.

What you will do:

• Perform independent validation of models in the Global Functions in line with the Citi Model Risk Management Policy and procedures. This includes:
  • Critically reviewing the appropriateness of a model approach versus alternative model approach with respect to the modeling objective and the available model development data.
  • Producing high quality validation reports, 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 regarding qualitative models to facilitate compliance with our policies, procedures, and guidance.
• Assisting with preparing the reports and other meeting materials to MRM senior management.
• Supporting the process of designing, developing, delivering and maintaining best‑in‑class qualitative model validation process standards, guidance, practices, templates and other documentation.

What we will need from you:

• Minimum bachelor’s degree in Finance or Economics, or a quantitative discipline (statistics, quantitative finance, econometrics). Master’s degree is preferable.
• Ideally 3 years of experience / knowledge of Banking, Treasury, Finance / Risk management. Talented candidates with fewer years of experience will also be considered.
• Excellent partnership and teamwork skills.
• Programming skills in Python, MATLAB, C/C++/C#, VBA, R and SAS.
• 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 committed to deliver under tight deadlines.
• Knowledge of financial markets and products.
• Model validation experience is a plus.
• Experienced user of Microsoft Office Suite, especially Excel, PowerPoint and Word.
• Solid knowledge of statistics, econometric, AI/Machine Learning and Finance would be highly advantageous.

Benefits

By joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (currently up to 2 days working at home per week), but also (potentially, subject to final offer) receive a competitive base salary and enjoy a whole host of additional benefits which can include:

• Employer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program).
• Employer paid Private Medical Care Package for employees and certain family members available at preferential rates.
• Employer paid Life Insurance Program for employees and certain family members available at preferential rates.
• Employee Assistance Program financed by Employer Paid Parental Leave Program (maternity and paternity leave; statutory and 2 weeks additional paid paternity leave).
• Sport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates.
• Additional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events.
• Additional day off for volunteering.
• Cafeteria/flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform.
• Opportunity to receive an annual discretionary incentive award.
• Special offers and discounts for employees.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

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If you have any questions or would like to discuss this opportunity further, please don't hesitate to reach out to Karola Sulińska at [e-mail].

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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