Model Analysis Validation Officer

5 - 7 years experience  • 

Salary depends on experience
Posted on 05/15/18
Irving, TX
5 - 7 years experience
Salary depends on experience
Posted on 05/15/18

Description


About CitiCiti, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.Citi’s Mission and Value Proposition  explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.This position will support Model Risk Management for Global Consumer and Commercial Valuation models, as well as Fraud models.Key Responsibilities:- Review and validate new and existing, provide effective challenge, ensure validation work quality.- Provide supervision and guidance to junior validators and enhance their work- Help manage model risk across the model lifecycle including model validation, performance evaluation and annual model reviews.- Challenge and continually improve MRM Guidance on modeling approaches and model performance testing.  - Contribute to strategic, cross-functional initiatives within MRM organization.There will be plenty of learning and growth opportunities with this position, from both technical and leadership perspective. The incumbent will be exposed to different areas of business operations and a variety of modeling approaches, including machine learning on top of industry standard tools.

Qualifications


•             Minimum of Master’s degree in a quantitative field (physics, mathematics, computer science, etc.) with 6+ years of relevant experience•             Fewer years of relevant experience will be considered for candidates with higher academic qualifications and/or certifications such as a PhD, a second Master’s degree, CPA or CFA•             Must have a strong background in statistical modelling techniques.•             Good understanding of Model Risk Management. Related experience preferred.•             Prior project management experience a plus.•             Strong written and oral communication skills.•             Experience with consumer risk scoring models or marketing models is preferred.  

ID: 18012840

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