Model/Analysis/Validation Senior Analyst
About The Position
Citibank, N.A. seeks a Model/Analysis/Validation Senior Analyst for its Irving, TX location. Duties: Research, analyze, code, and document wholesale credit risk models for model development, annual model review and model’s ongoing performance assessment. Provide Ad Hoc Wholesale portfolio analysis and conduct deep research on selected risk related topics guided by the team lead. Work with Citi Wholesale Credit Risk to define the analytical scope and provide case studies. Conduct data analysis and document preliminary findings through data exploration. Prepare model development documents and model performance metrics. Perform default analysis, rating migration analysis, impact analysis, root cause analysis and statistical analysis. Provide comprehensive interpretations, explanations, and conclusions based on a set of analytic results. Work with industry specific experts and incorporate industry knowledge into analytical work. Execute consistency with Model Risk Management heightened standards. Assist others in designated tasks in response to regulatory and internal risk management requirements. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.
Requirements
- Master’s degree, or foreign equivalent, in Business Analytics and Information Systems, Mathematics, Statistics, Economics or a related field, and two (2) years of experience in the job offered or in a related quantitative occupation conducting data analysis utilizing quantitative and qualitative techniques.
- Employer will accept pre- or post- Master’s degree experience.
- Two (2) years of experience must include: Developing data cleaning techniques, data analysis and summarizing data interpretation; Using documentation and presentation tools, such as MS Word, Excel and PowerPoint; Utilizing programming languages such as Python, R and SQL to perform data extraction, pre-processing, data analysis and data quality checks to identify trends and anomalies in the data; Utilizing various statistical tests and techniques such as Population Stability Index (PSI), AUC-ROC curve analysis, Accuracy ratio, P-value, confidence intervals to conduct regular model performance assessment and soundness; Utilizing Python programming and other visualization techniques to analyze and deep dive into data, produce charts and graphs to address model limitations and analyze model risk ratings and other model metrics; and Applying qualitative and quantitative analytical techniques like performance analysis, sensitivity analysis, default rate analysis and leveraging machine learning techniques.
Responsibilities
- Research, analyze, code, and document wholesale credit risk models for model development, annual model review and model’s ongoing performance assessment.
- Provide Ad Hoc Wholesale portfolio analysis and conduct deep research on selected risk related topics guided by the team lead.
- Work with Citi Wholesale Credit Risk to define the analytical scope and provide case studies.
- Conduct data analysis and document preliminary findings through data exploration.
- Prepare model development documents and model performance metrics.
- Perform default analysis, rating migration analysis, impact analysis, root cause analysis and statistical analysis.
- Provide comprehensive interpretations, explanations, and conclusions based on a set of analytic results.
- Work with industry specific experts and incorporate industry knowledge into analytical work.
- Execute consistency with Model Risk Management heightened standards.
- Assist others in designated tasks in response to regulatory and internal risk management 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
