Citi Group Model/Analysis/Validation Officer 

United States, Illinois 

980647659

Duties: Develop and validate loss forecasting models for Citi U.S. Personal Banking portfolios including credit cards, installment loans and mortgages. Ensure models meet the regulatory requirements and the industry standards including Comprehensive Capital and Analysis Review (CCAR), Dodd-Frank Act Stress Tests (DFAST), and Current Expected Credit Losses (CECL). Obtain and prepare model development data. Select the champion modeling methodology after evaluating multiple options. Develop sophisticated statistical models to meet the regulatory requirements, using various tools and technologies including SAS, SQL and UNIX. Perform all required tests including sensitivity and back-testing. Validate models, recalibrate post-production models to incorporate latest data, and redevelop as needed. Produce and maintain comprehensive model documentation. Work closely with cross functional teams, including country and region’s business stakeholders, model validation and governance teams, and model implementation team. Prepare responses and presentations to regulatory agencies on all models built. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements: Requires a Master’s degree, or foreign equivalent, in Statistics, Mathematics, Finance, Economics, Operations Research or a closely related quantitative field, and 2 years of experience as a Quantitative Analyst, Statistical Modeler, Senior Modeler, or related position involving developing econometric loss forecasting models for the financial services industry. 2 years of experience must include: Analyzing risk trends and risk factors; Programming in SAS, SQL & UNIX; Developing statistical models; U.S. regulatory requirements for stress testing, including CCAR, DFAST and CECL; and consumer finance products including credit cards and personal loans. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #25847699. EO Employer.

Wage Range: $151,300 to $160,300

Anticipated Posting Close Date:

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