Model​/Analysis​/Validation Officer

Overview

Citibank, N.

A. seeks a Model/Analysis/Validation Officer for its Irving, TX location.

• Perform stress testing and work with loss forecasting models within the consumer credit card business to evaluate capital adequacy under various economic scenarios in accordance with CECL/CCAR frameworks.
• Apply econometric modeling techniques to design predictive models and identify best drivers for logistic and linear regression for developing loss forecasting models used for CCAR/CECL regulatory submissions.
• Perform data cleaning and preprocessing using analytical tools such as SAS, SQL, and Python for statistical model development.
• Prepare model development data and perform segmentation to segregate populations based on different characteristics and business requirements for statistical models.
• Enhance existing CCAR/CECL regulatory models and analyze methods of evaluating quantitative and qualitative data.
• Analyze macro-level economic data (e.g., GDP, unemployment rates, interest rates) and perform macro transformations to capture fluctuations in the economic environment.
• Apply advanced quantitative and qualitative methods to handle large-scale data and utilize tools such as SAS, Python, and SQL to extract, transform, and analyze data trends and make recommendations addressing business needs.
• Evaluate model accuracy by reviewing quarterly error rates (actual vs. predicted) to assess performance and reliability over short, medium, and long terms.
• Assess forecast sensitivity and stability of models and test the stationarity of macroeconomic variables.
• Collaborate cross-functionally with partner teams including Business, Monitoring, Validation, and Implementation to deliver insights and ensure timely regulatory deliverables.
• Manage model risk including Model Development Documentation and tracking quarterly model performance to identify root causes of performance breaches following Model Risk Management guidelines to meet Global Risk Management policies and model governance.
• Validate assumptions and escalate identified risks and sensitive areas in methodology and processes.
• Create formal technical documentation and reports to meet regulatory requirements and present key insights to stakeholders and peers.
• Automate data extraction and preprocessing tasks, perform ad hoc analyses, design and maintain complex data manipulation processes, and provide documentation and presentations.
• Support evolving regulatory and internal stress testing cases such as Global Standard Stress Testing, Rapid Stress Testing, and Stress Loss Limits.

• Bachelor’s degree, or foreign equivalent, in Statistics, Business Analytics and Information Management, Engineering (any), or a related field, and six (6) years of experience in data analysis activities. Six (6) years must include: statistical modeling techniques for risk modeling (logistic and linear regression); ad-hoc analysis, tracking and reporting on model performance and trends for senior management; SAS, SAS Macros, SQL, R, Python, Anaconda, Unix for predictive analytics;
  Big Data platforms such as Hadoop and Hive for data extraction; data cleaning and preprocessing using SAS, SQL and Python; leveraging statistical models to analyze key drivers affecting profit and loss; model risk management activities including documentation, validation, performance monitoring, and calibration.
• In the alternative, a Master’s degree and four (4) years of experience. Master’s degree accepted with pre- or post-Master’s degree experience.
• 40 hrs./wk. Applicants submit resumes at  and reference Job # . EO Employer.

• Wage Range: $ to $/year
• Job Family Group:
  Risk Management
• Job Family:
  Model Development and Analytics
• Time Type:
  Full time
• Primary
  
  Location:
  
  Irving, Texas, United States
• In addition to salary, Citi may offer discretionary and formulaic incentive and retention awards. Benefits include medical, dental & vision, 401(k), life/disability insurance, wellness programs, paid time off, holidays, and other programs. Availability varies by jurisdiction, job level, and date of hire. For details, see

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. If you need a reasonable accommodation to use our tools or apply, please review Citi’s Accessibility resources and EEO policy statements.