Citi Group SVP Model/Anlys/Valid Sr Officer - C14 NEW YORK 

United States, New York, New York 

721458146

Group Responsibilities:

The modeling team within Citigroup’s Corporate Financial Planning and Analysis team is responsible for:

• Developing, implementing, and maintain the models that support Citi’s Balance Sheet and Income Statement forecasting.
• These models are used by Citi’s Business and Finance teams to support their Planning processes and are used directly as forecasting tools for the bank’s CCAR PPNR processes.
• These models are also used by Citi’s Interest Rate Risk Management function, including supporting the Funds Transfer Pricing framework in the management of the bank’s interest rate risk.
• The common structure of these models is that they translate projections of economic environment scenarios into forecasts for Citi’s Balance Sheet and Income Statement.
• In addition, the team supports broader Treasury ALM quantitative analytical needs.

The candidate’s job responsibilities include:

• Develop statistical models for the forecasting of Citi’s Balance Sheet and Income Statement, for use in Citi’s business planning processes, risk management processes, and for regulatory-based stress testing processes.
• Develop models such that the model can translate macroeconomic and financial market indicators into scenario-based forecasts.
• Fully document all developed models for use during reviews with senior management, model validation, Citi’s business and functional teams, internal/external audit, and regulatory agencies (e.g., Fed, OCC, FDIC)
• Partner with Citi’s business leaders such that the development, implementation, and use of developed forecasting models, ensures the appropriate design and use.
• Maintain models inline with Model Risk Management Policy
• Redevelop models as needed.
• Partner with Citi’s Operations and Technology team to ensure timely, efficient, and accurate implementation of developed models.

Qualifications:

• Minimum 8 years of experience in developing advanced statistical models for use in a financial institution setting.
• Advanced degree in quantitative discipline (e.g., Statistics, Economics, Finance), Ph.D. preferred.
• Proven track record of successful independent model development, with proven track record of successful interaction with business stakeholders, internal model risk management and audit, and external regulators.
• Experience participating in complex end-to-end model development projects (business requirements, data capture, model design, build, validation, implementation, and use).
• Experience with developing PPNR models. Eagerness to learn about the relationship between the economic environment and the balance sheet/income statement.
• Expert programming skills to develop statistical models in Python.
• Intermediate SQL knowledge.
• Experience developing models in a regulated environment (e.g., Fed, OCC, FDIC) preferred.
• Excellent communication and interpersonal skills to allow collaboration with Citi colleagues.
• Proven track record of successfully migrating models from development through production implementation.

Anticipated Posting Close Date:

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