Full-Time

VP – Model/Anlys/Valid Sr Analyst

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$113.8k - $170.8kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Tampa, FL, USA

Hybrid role based in Tampa, Florida.

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 6-10 years experience
  • Proficient in Microsoft Office with an emphasis on MS Excel
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Self-motivated and detail oriented
  • Demonstrated project management and organizational skills and capability to handle multiple projects at one time
  • Practical experience using SAS or similar statistical coding software to build and test prediction models
  • Comfortable interfacing with business clients
  • Proficiency handling very large data sets
  • Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation
  • Good knowledge and understanding of a variety of model development and validation testing techniques covering risk models
  • Bachelor’s/University degree or equivalent experience, potentially Masters degree
Responsibilities
  • Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational. Also, may develop, validate and strategize uses of scoring models and scoring model related policies.
  • Manages model risk across the model life-cycle including model validation, ongoing performance evaluation and annual model reviews.
  • Produces analytics and reporting used to manage risk for Citi's operations.
  • Translates operational requests from the business into programming and data criteria and conduct systems and operational research in order to model expected results.
  • Assists in the development of analytic engines for business product lines.
  • Communicates results to diverse audiences.
  • Conducts analysis and packages it into detailed technical documentation report for validation purposes sufficient to meet regulatory guidelines and exceed industry standards.
  • Participates on teams to solve business problems.
  • Identifies modeling opportunities that yield measurable business results.
  • Provides guidance to junior validators as and when necessary.
  • Manages stakeholder interaction with model developers and business owners during the model life-cycle.
  • Represents the bank in interactions with regulatory agencies, as required.
  • Presents model validation findings to senior management and supervisory authorities.
  • Provides effective challenge to model assumptions, mathematical formulation, and implementation.
  • Assesses and quantifies model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls.
  • Contributes to strategic, cross-functional initiatives within the model risk organization.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. Citigroup generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citigroup's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's earnings show a recovery in consumer card spending post-pandemic.
  • The partnership with Jumia highlights Citi's role in cross-border e-commerce facilitation.
  • Citi's pay equity transparency enhances its brand reputation and social responsibility.

What critics are saying

  • Increased competition from digital platforms like Versana may challenge Citi's market share.
  • Citi's involvement in volatile e-commerce markets like Africa poses financial risks.
  • Citi's digital banking expansion increases exposure to cybersecurity threats.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unparalleled international banking services.
  • The introduction of 'Green Deposits' caters to the growing demand for sustainable financial products.
  • Citi's partnership with Mastercard for Google Pay Plex accounts enhances its digital banking offerings.

Help us improve and share your feedback! Did you find this helpful?