Model Validation 2nd LOD Lead Analyst - VP

5 - 9 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As a Risk Analytics, Modeling, and Validation professional at our company, you will play a crucial role in developing, enhancing, and validating methods for measuring and analyzing various types of risks, including market, credit, and operational risks. Your work will involve validating models that impact key financial metrics such as capital and liquidity, ensuring the company's financial stability and supporting its overall business strategy through a scientific and systematic approach to assessing and mitigating risks. **Responsibilities:** - Perform model validations, annual reviews, ongoing monitoring reviews, and model limitation remediation reviews for specific model/product types under the supervision of a Validation Lead. - Provide effective challenge to the model development process in accordance with the Citi Model Risk Management Policy. - Evaluate testing approach and results for individual models, assess ongoing performance monitoring, and contribute to regulatory and internal audit responses. - Collaborate with other teams within Risk and the Business to ensure compliance with policies, procedures, and guidance. - Assist in preparing reports and meeting materials for senior management. - Support the development and maintenance of qualitative model validation process standards, guidance, practices, and documentation. **Qualifications:** - 5-8 years of experience in Quantitative Finance, Risk management, Analytics, Model Development, or Model Validation. - Excellent partnership and teamwork skills. - Strong written and verbal communication skills. - Good analytic, creative thinking, and problem-solving abilities. - Proficiency in programming languages like Python. - Knowledge of financial markets, products, Recovery Planning, and Resolution Planning requirements. - Experience in data analysis, interpretation, and technical writing. - Strong technical skills in time series analysis, statistics, and econometrics. - Strong analytical, problem-solving, and project management skills. - Ability to work effectively in a team and independently. - Master's/University degree in a relevant field. The company values individuals who demonstrate enthusiasm for change, curiosity in overcoming challenges, and a commitment to excellence. You will be expected to prioritize team and enterprise success, streamline work processes, and proactively manage potential risks. Additionally, you should uphold ethical standards, comply with regulations, and contribute to a collaborative and inclusive work environment. If you require a reasonable accommodation to apply for a career opportunity, please review the Accessibility at Citi information.,

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