Citibank, N.A. is seeking a Model Validation 2nd LOD Sr. Lead Analyst to join their team in Long Island City, NY. The primary focus of this role is to conduct validations of credit risk models used across wholesale banking portfolios. The analyst will ensure that model assumptions align with methodology theory and regulatory requirements. This position may allow for a telecommuting or hybrid work schedule in accordance with Citi policies.

• Bachelor’s degree, or foreign equivalent, in Statistics, Mathematics, Finance, Economics, or a related field.
• Ten (10) years of experience in the job offered or in a related quantitative occupation.
• Experience conducting credit risk model validation within Wholesale Portfolios Basel Parameter models, CCAR, CECL/IFRS9, and ICAAP models.
• Experience applying regulatory requirements outlined in CCAR, Basel rules, EBA stress testing, ICAAP, IFRS 9, and CECL.
• Experience performing statistical modeling techniques and quantitative analysis within risk management principles.
• Experience utilizing advanced programming languages, statistical tools, and software, including SAS, R, Python, MATLAB, and C++.

• Conduct validations of credit risk models used across wholesale banking portfolios.
• Assess and test modeling assumptions to ensure alignment with model methodology theory.
• Conduct validation testing and guidance that align with regulatory requirements.
• Assess the overall model risk and determine the Model Risk Rating.
• Conduct thorough reviews of validation documentation, including Model Validation Reports.
• Propose remediation plans for model limitations identified during the validation process.
• Prepare and address internal and external federal exams on model validations.

• 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.