
Model Validation 2nd LOD Sr. Analyst
Citi
New York, New York, United States
Hybrid
Posted Sep 28, 2025
Hybrid
About the role
Citibank, N.A. seeks a Model Validation 2nd Line of Defense Senior Analyst for its Long Island City, New York location.
Responsibilities
- Validate credit risk models using statistical and mathematical tools and economic and finance theories.
- Assist with model risk management across the model life cycle including model validation, ongoing performance evaluation and annual model reviews.
- Provide effective challenge to model assumptions, mathematical formulation, and implementation.
- Test model assumptions and assess model performance.
- Assess adequacy and relevancy related to modeling data.
- Assess and evaluate impact of macroeconomic scenarios on bank’s credit portfolio.
- Design and execute quantitative and statistical testing on model framework and performance.
- Perform data analysis and quantitative/statistical tests using statistical tools.
- Document model validation outcomes, monitor model performance, and execute independent challenges and assessments in accordance with Model Risk Management Policies and Procedures.
- Coordinate stakeholder interaction with model developers and business owners during the model life-cycle.
- Serve as subject matter expert representing the bank in interactions with regulatory agencies, and present model validation findings to senior management and supervisory authorities.
- Assess and quantify model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls.
- Contribute to strategic, cross-functional initiatives within the model risk organization.
Requirements
- Requires a Master’s degree, or foreign equivalent, in Mathematics, Finance, Statistics, or related quantitative field and 1 year of work or internship experience as a Model Developer, Model Validator, Risk Analyst, Financial Analyst, Quantitative Analyst or related position involving developing or validating statistical and quantitative models for financial risk management or quantitative research.
- Alternatively, employer will accept a Bachelor’s degree in the stated fields and 3 years of the specified experience.
Benefits
- medical, dental & vision coverage
- 401(k)
- life, accident, and disability insurance
- wellness programs
- paid time off packages
- planned time off (vacation)
- unplanned time off (sick leave)
- paid holidays
About the Company
Discover your future at Citi
Job Details
Salary Range
$138,496 - $150,200/yearly
Location
New York, New York, United States
Employment Type
Hybrid
Original Posting
View on company website