Model Validation 2nd LOD Senior Analyst at Citi
United States
$118.1k - $125.9k
<p>Citibank, N.A. seeks a Model Validation 2nd LOD Sr. Analyst for its Tampa, FL location.</p><p></p><p>DUTIES: Review the underlying theory, assumptions, limitations, implementation, and testing of XVA models used by Citi. Validation covers technical and functional aspects including model assumptions, conceptual soundness, mathematical formulation, model calibration, and model performance as well as functional assessment of using the model for regulatory and business applications. Manage stakeholder interaction with model developers and business owners during model lifecycle including discussions concerning model limitation severity and compensating controls. Review models and identify shortcoming development documents, perform validation tests, discuss findings with senior stakeholders, write validation reports, and manage model risk on an ongoing basis. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.</p><p></p><p>REQUIREMENTS: Bachelor’s degree, or foreign equivalent, in Mathematics, Statistics, Finance, Computer Science, or related quantitative field, and two (2) years of experience in the job offered or in a related quantitative occupation performing risk analysis and modeling. Two (2) years of experience must include: Performing quantitative review of mathematical and statistical model documentation and testing results utilizing knowledge of calculus, Monte-Carlo simulation, linear algebra, probability theory and stochastic calculus, focusing on modeling approach, justification, mathematical and market assumptions, and calibration procedures; Implementing risk and pricing models using programming languages including C/C++, Python, R, and MATLAB; Designing tests using regulatory requirements, performing independent investigation and testing of models, and identifying material limitations; Delivering model validation reports to stakeholders including the business, market risk management, model governance teams, and regulatory agencies; Managing model risk across the complete modeling lifecycle by executing ongoing performance monitoring, annual model review, and revalidation; Working with risk measures, financial markets, financial institutions, and a broad range of financial products including credit default swaps, options, and swaps. 40 hrs./wk. Applicants submit resumes at <a href="https://jobs.citi.com/" target="_blank" rel="noopener noreferrer"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">https://jobs.citi.com/</span></a>. Please reference Job ID # 26945205. EO Employer.</p><p></p><p>Wage Range: <span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;"> </span> $118,100.00 to $125,900.00</p><p>Job Family Group: Risk Management</p><p>Job Family: <span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;"> </span> Model Validation</p><p></p><p style="text-align:inherit"><span><span><span><span><span><span><span><span><span><span><span><span><span class="WHR0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></span></span></span></span></span></span></span></span></span></span></span></span></p><p style="text-align:left"><b><span>Job Family Group: </span></b></p><p style="text-align:inherit"><span><span><span><span><span><span><span><span><span><span><span><span><span class="WHR0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></span></span></span></span></span></span></span></span></span></span></span></span></p><p style="text-align:left"><b>Job Family:</b></p><p style="text-align:inherit"><span><span><span><span><span><span><span><span><span><span><span class="WHR0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></span></span></span></span></span></span></span></span></span></span></p><p style="text-align:left"><b><span>Time Type:</span></b></p>Full time<p style="text-align:inherit"><span><span><span><span><span><span><span><span><span><span><span class="WHR0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></span></span></span></span></span></span></span></span></span></span></p><p style="text-align:left"><b><span>Primary Location:</span></b></p>Tampa Florida United States<p style="text-align:inherit"><span><span><span><span><span><span><span><span><span><span><span class="WHR0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></span></span></span></span></span></span></span></span></span></span></p><p style="text-align:left"><b><span>Primary Location Full Time Salary Range:</span></b></p><p style="text-align:left"><br>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.</p><p style="text-align:inherit"><span class="WHP0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></p><p><b><span>Most Relevant Skills </span></b></p>Please see the requirements listed above.<p><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></p><p><b><span>Other Relevant Skills </span></b></p>For complementary skills, please see above and/or contact the recruiter.<p><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></p><p style="text-align:left"><b><span>Anticipated Posting Close Date:</span></b></p>May 06, 2026<p style="text-align:inherit"><span><span><span><span><span><span><span><span class="WHR0"><span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">------------------------------------------------------</span></span></span></span></span></span></span></span></span></p><p style="text-align:left"><i><span>Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.</span></i></p><p style="text-align:inherit"><i><span> </span></i></p><p style="text-align:left"><i><span>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 <a href="https://www.citigroup.com/citi/accessibility/application-accessibility.htm" target="_blank" rel="noopener noreferrer">Accessibility at Citi</a>.<br><br>View Citi’s <a href="https://www.citigroup.com/global/eeo-aa-policy" target="_blank" rel="noopener noreferrer">EEO Policy Statement</a> and the <a href="https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf" target="_blank" rel="noopener noreferrer">Know Your Rights</a> poster.</span></i></p>
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