Citi-posted about 24 hours ago
Full-time • Mid Level
Hybrid • New York, NY
5,001-10,000 employees

Citigroup Global Markets Inc. seeks a Model/Analysis/Validation Senior Analyst for its New York, New York location. Duties: Serve as a strategic business partner in Counterparty Credit Risk Quantitative Development, working closely with the global management teams throughout the Institutional Clients, Global Consumer Bank, and Global Functions groups. Analyze risk and exposure models to derive mathematical and statistical implications and markets scenarios. Add value to the business by researching, analyzing, problem solving, stress testing, assessing risk and developing solutions. Develop analytical models used for derivatives risk and exposure calculations. Conduct research into the mathematical derivation of the model. Develop code, test, and document models for formal validation and approval. Deliver the model for incorporation into the Firm’s internal and regulatory risk management processes. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols. Requirements: Requires a Master’s degree, or foreign equivalent, in Financial Engineering, Mathematics, Statistics, Computer Science, or related field and 2 years of experience as a Quantitative Developer, Quantitative Analyst, or related position involving risk and exposure models analysis and development in a global financial services institution. 2 years of experience must include: Data gathering and analysis for pricing; Risk and exposure models formulation, testing and validation; Quantitative toolbox development using C++ and Python programming, algorithms, and numerical techniques; Development and maintenance of quantitative infrastructure and databases; Incorporating risk and exposure models development into regulatory risk management processes; Production of regulatory reporting; In-house model library development, optimization and maintenance; Development using Linux and Windows; and Bash scripting. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #25924254. EO Employer. Wage Range: $136,500 to $175,000

  • Serve as a strategic business partner in Counterparty Credit Risk Quantitative Development, working closely with the global management teams throughout the Institutional Clients, Global Consumer Bank, and Global Functions groups.
  • Analyze risk and exposure models to derive mathematical and statistical implications and markets scenarios.
  • Add value to the business by researching, analyzing, problem solving, stress testing, assessing risk and developing solutions.
  • Develop analytical models used for derivatives risk and exposure calculations.
  • Conduct research into the mathematical derivation of the model.
  • Develop code, test, and document models for formal validation and approval.
  • Deliver the model for incorporation into the Firm’s internal and regulatory risk management processes.
  • Requires a Master’s degree, or foreign equivalent, in Financial Engineering, Mathematics, Statistics, Computer Science, or related field and 2 years of experience as a Quantitative Developer, Quantitative Analyst, or related position involving risk and exposure models analysis and development in a global financial services institution.
  • 2 years of experience must include: Data gathering and analysis for pricing; Risk and exposure models formulation, testing and validation; Quantitative toolbox development using C++ and Python programming, algorithms, and numerical techniques; Development and maintenance of quantitative infrastructure and databases; Incorporating risk and exposure models development into regulatory risk management processes; Production of regulatory reporting; In-house model library development, optimization and maintenance; Development using Linux and Windows; and Bash scripting.
  • 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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