Irving, TX, 75062, USA
12 days ago
Model/Analysis/Validation Officer
Citibank, N.A. seeks a Model/Analysis/Validation Officer for its Irving, TX location. Duties: Develop, enhance, and validate production tasks to gain efficiencies and validate the methods of measuring and analyzing risk for Post Implementation testing. Generate portfolio loss forecasts based on account level data, model specifications, macro-economic scenarios, and other assumptions of the models. Conduct analysis and package it into detailed technical documentation report for validation purposes sufficient to meet regulatory guidelines, exceed industry standards and explain to stakeholders. Support stakeholder interaction during the model life cycle including model development, model monitoring, model validation, ongoing performance evaluation and annual model reviews. Support and enhance governance structure for model Post implementation testing and production. Generate production analytics to review and evaluate loss forecasts during production runs. Produce analytics and reporting used to manage risk for Citi's operations. Assist in the development of analytic engines for business product lines. Interpret results of financial analysis procedures and communicate it to diverse audiences. Assess and quantify model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls. Identify modeling opportunities that yield measurable business results. Represent the bank in interactions with regulatory agencies, as required. Assess and quantify model risk due to model or process limitations to inform stakeholders of their risk profile and development of compensating controls. 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 Statistical Modeling, Analytics, Engineering (any), Mathematics, or a related field, and six (6) years of experience in the job offered, or in a related occupation in the financial services and IT/Analytical Consulting industry. Six (6) years of experience must include: Extracting, loading, transforming, analyzing, and consuming data using data management platforms including SQL Server, DB2, Teradata, big data platforms, and AWS; Performing statistical, data and quantitative analysis for model development using business and social intelligence tools including Tableau, advance excel, VBA codes and SAS; Developing, standardizing, optimizing, and implementing codes in production environments using statistical computing languages including SAS, SQL, PYTHON, and PYSPARK and performing UAT, system and functional tests to ensure error - free implementation; Implementing SAS-based models in production using software including Putty and Tectia on Unix and Linux, to generate loss forecasts and utilizing Bitbucket tools to store, manage, and track code changes across different implementation cycles; Performing calibration analysis to assess model risk using SQL queries and SAS programing for models (for example CCAR/ CECL/Risk Models) closely regulated by regulatory bodies; and Documenting production processes, procedures, results, and constraints using MS Suite and presenting materials to diverse stakeholders, including regulators, auditors, sponsors, executives, and model developers. In the alternative, employer will accept a Master’s degree and four (4) years of experience. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/ . Please reference Job ID #24782607. EO Employer. Wage Range: $130,200.00 to $172,900.00 Job Family Group: Risk Management Job Family: Risk Analytics, Modeling, and Validation ------------------------------------------------------ **Job Family Group:** ------------------------------------------------------ **Job Family:** ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Primary Location:** Irving Texas 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. ------------------------------------------------------ **Anticipated Posting Close Date:** Jan 24, 2025 ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** . View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) . View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf) Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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