The Model Validation 2nd LOD Senior Analyst at Citibank will manage and assess model risk for Wholesale Credit Risk models in Tampa, Florida. This role involves independent validation, performance monitoring, and re-validations of models using various methodologies. The analyst will ensure model integrity through rigorous testing and will communicate findings to stakeholders, including regulatory authorities and senior management. The position may allow for a hybrid work schedule in accordance with Citi policies.

• Requires a Master’s degree or foreign equivalent in Mathematical Finance, Mathematics, Statistics, or related quantitative field.
• 2 years of experience as a Model Developer, Model Validator, Model/Analysis/Validation Senior Analyst, or Quantitative Analyst performing financial model validation and performance testing for a global financial services institution.
• Alternatively, a Bachelor’s degree in the above fields and 5 years of progressively responsible experience in the above positions is acceptable.
• Full span of experience must include validating mathematical and statistical models and assessing data inputs used in model development and validation.

• Manage and assess model risk throughout the lifecycle of Wholesale Credit Risk models.
• Perform independent and comprehensive validation of Wholesale Credit Risk models.
• Evaluate the completeness, accuracy, and relevance of data inputs used in models.
• Conduct rigorous assessment and effective challenge of model design and assumptions.
• Design and execute advanced quantitative and statistical testing using programming languages.
• Review model performance against macroeconomic conditions.
• Produce detailed model validation reports articulating findings and recommendations.
• Serve as a subject matter expert in discussions with regulatory authorities.
• Quantify and communicate model risk associated with identified limitations.
• Collaborate with model development teams and stakeholders to enhance the Model Risk Management framework.

• Citi offers a comprehensive benefits package including competitive pay, stock programs, healthcare coverage, retirement plans, paid time off, parental leave, and programs supporting employee wellbeing and professional development.