Model/Analysis/Validation Officer

Citi • New York, NY

3d • Hybrid

About The Position

Citibank, N.A. seeks a Model/Analysis/Validation Officer, VP for its New York, NY location. Duties: Research, develop, and calibrate climate risk models used for quantifying wholesale credit loss for regulatory stress testing and internal stress testing. Support the integration of climate risk models into existing wholesale credit risk model framework. Execute data analytics to analyze model performance and generate climate risk insights using R or Python. Communicate key aspects of climate models to various stakeholders including model sponsors, model risk management, and business partners. Collaborate with first and second lines of defense for application of climate models to needs and requirements. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements

• Requires at least a Master’s degree, or foreign equivalent, in Environmental or Life Sciences, Economics, Finance, Engineering (any), or a related field and four (4) years of experience as a Modeling Analyst, Quantitative Analyst, Research Assistant, or related position analyzing and implementing climate risk models.
• Alternatively, employer will accept a Bachelor’s degree in the stated fields and six (6) years of the specified progressive, post-baccalaureate experience.
• 4 years of experience must include: Data analytics to process and analyze large datasets using R and Python; Development, calibration, implementation, and maintenance of statistical and/or machine learning models; Business acumen of the climate vulnerability of various industries and segments; and Engaging with stakeholders to communicate technical information.
• 1 year of experience must include: Implementing Climate Models in Linux server to generate model results.

Responsibilities

• Research, develop, and calibrate climate risk models used for quantifying wholesale credit loss for regulatory stress testing and internal stress testing.
• Support the integration of climate risk models into existing wholesale credit risk model framework.
• Execute data analytics to analyze model performance and generate climate risk insights using R or Python.
• Communicate key aspects of climate models to various stakeholders including model sponsors, model risk management, and business partners.
• Collaborate with first and second lines of defense for application of climate models to needs and requirements.

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level