Senior Model Validation Lead – 2nd LOD (Hybrid)

Citigroup Inc.; New York (NY); Hybrid; USD 211,000 - 248,000; Full time

Job summary

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

Qualifications

• 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.

Responsibilities

• 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.

Skills

SAS

R

Python

MATLAB

C++

Education

Bachelor’s degree

Master’s degree or PhD

Job description

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