Model Validation 2nd LOD Sr. Lead Analyst

Citibank, N.A. seeks a Model Validation 2nd LOD Sr. Lead Analyst for its Long Island City, NY location.DUTIES: Conduct validations of credit risk models used across wholesale banking portfolios, including models for commercial real estate CCAR, AFS/HTM direct obligations stress testing, RWA estimation, Wholesale Basel parameter calculations, EBA stress testing, ICAAP, and climate stress testing. Assess and test modeling assumptions to ensure that inherent model assumptions are aligned with model methodology theory and their design objectives and are fit for their intended purpose and use. Conduct validation testing and guidance that align with regulatory requirements outlined in Basel/CCAR/CECL/IFRS9/ICAAP/EBA and other regulations including Citi internal Model Risk Management policy. Assess the overall model risk and determine the Model Risk Rating. Conduct thorough reviews of validation documentation, including Model Validation Reports, Ongoing Monitoring Conclusion Document, and Annual Model Review. Review and assess the validation outcomes in accordance with Model Risk Management Policies and Procedures. Propose remediation plans for model limitations identified during the validation process and document remediation timelines in coordination with stakeholders. Review and assess evidence and accept or challenge proposals to close action items for model risk mitigation. Prepare and address internal and external federal exams on model validations. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.REQUIREMENTS: Bachelors degree, or foreign equivalent, in Statistics, Mathematics, Finance, Economics, or a related field, and ten (10) years of experience in the job offered or in a related quantitative occupation. Ten (10) years of experience must include: Conducting credit risk model validation within Wholesale Portfolios Basel Parameter models, CCAR, CECL/IFRS9, and Internal Capital Adequacy Assessment Process (ICAAP) models; Applying the regulatory requirements outlined in CCAR, Basel rules, EBA stress testing, ICAAP, IFRS 9, and CECL when performing model validation and governance assignments; Performing statistical modeling techniques and quantitative analysis within risk management principles; Addressing reviews and challenges on the effectiveness of model validations from internal auditing and external regulatory exams; Utilizing advanced programming languages, statistical tools, and software, including SAS, R, Python, MATLAB, and C++; Programming numerical, closed-form-based models, analytical calculations, and simulations, and implementing quantitative tests to verify model behavior; and Communicating complex validation findings effectively through written and verbal communication. In the alternative, Employer will accept a Masters degree, or foreign equivalent, and eight (8) years of experience. Employer will accept a PhD and four (4) years of experience. Employer will accept pre- or post- PhD degree experience. Salary Range: $211,413.00 to $247,900.00/yr. 40 hrs./wk. Citi offerings may include discretionary incentive & retention awards for eligible employees. Citi also offers competitive benefits. See citibenefits.com. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #26990530. EO Employer.