Citi Group Risk Models Validator 

Poland, Masovian Voivodeship, Warsaw 

451695330

The MRM Cross Asset Markets and Risk Models Validation team is looking for highly motivated individual with attention to detail and ability to work well with senior stakeholders. The role will have a wide-ranging focus covering validation and key Model Risk Management activities in the following areas:

• ETrading models review and validation
• Market risk and counterparty credit risk models review and validation
• Wholesale credit risk models review and validation
• Benchmark models review and validation

The ability to work well with senior stakeholders within the firm and with our audit/regulatory colleagues is essential. This role has high visibility and growth potential. Clear communication and subject matter expertise are critical. You will be interacting with senior members of the Front Office, Market Risk, Finance, and regulatory agencies as required.

Job Responsibilities:

• Manage model risk across the model lifecycle including model validation, ongoing monitoring and annual reviews.
• Independent model validation work, providing effective challenge in regards to mathematical formulation, model assumptions and limitations, calibration, implementation, numerical performance, and business uses.
• Write high-quality model validation documents in compliance with model risk management policy and procedures, internal audio requirements, and regulatory guidance.
• Manage stakeholder interaction with model developers and business owners during the model lifecycle.
• Be ready to assist in the bank interactions with Internal Audit and Regulatory Agencies, as required.
• Contribute to strategic, cross-functional initiatives within the model risk organization.

Job Qualifications:

• Master’s Degree required, preferably in quantitative field (Mathematics, Statistics, Financial Engineering, Quantitative Finance etc.) with 2 years of experience in model validation.
• Experience in model validation in one or more of eTrading , Credit Risk, Market Risk models
• A firm understanding of model risk management regulatory guidance SR 11-7 as it relates to effective model validation practices is expected.
• Strong writing skills with ability to draft clear and concise formal reports
• Strong communication skills with the ability to find practical solutions to challenging problems
• Sound knowledge of at least one of the following programming languages – Python or R required.

We offer:

• Work in a challenging area of the financial industry with one of the world's leading companies with exposure to variety of products, processes and controls
• Cooperation with a high quality, international, multicultural and global team
• Work in a friendly and diversified environment, appreciating differences in style and perspective and using them to add value to decisions leading to organizational success
• Management supporting balanced and agile work (flexible working hours, home office 2 days per week)
• Attractive benefits package (Benefit System, medical care, pension plan etc.)
• A chance to make a difference with various affinity networks and charity initiatives

Time Type:

View the " " poster. View the .

View the .

View the