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Citibank, N.A. seeks a Model/Analysis/Validation Senior Officer I for its Long Island City, NY location.

Duties: Validate credit risk models using statistical/mathematical techniques and economic/financial theories. Assess the adequacy and relevancy of modeling data. Assess and test modeling assumptions to ensure inherent model assumption is aligned with model methodology theory: including OLS regression, Survival analysis, Time-Series and Monte Carlo simulation. Evaluate conceptual soundness and mathematical formulation. Apply stress-testing models in the credit risk area based on macroeconomic knowledge. Assess and evaluate the impact of macroeconomic scenarios on the bank’s portfolio. Test the sensitivity of credit risk models to macroeconomic conditions. Evaluate the impact from macroeconomic variables on the converseness of capital planning. Document validation outcome in detail in accordance with Model Risk Management Policies and Procedures. Propose a remediation plan for model limitations identified in the validation process and agree on a suitable timeframe with stakeholders. Review and assess evidence and accept or challenge proposals to close action items for model risk mitigation. Perform ongoing model monitoring process following Model Risk Management Policy. 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 Statistics, Mathematics, Finance, Economics, or a related field, and two (2) years of experience in the job offered or in a related quantitative occupation. Two (2) years of experience must include: Validating mathematical and statistical models used for stress testing, regulatory reporting and risk management purposes; Testing sensitivity of credit risk models to macroeconomic risk drivers; Advanced programming using different programming languages, statistical tools and software including SAS, R, Python, MATLAB, and C++; Performing data analysis and quantitative/statistical tests using statistical tools including SAS/R; Conducting large-scale portfolio loss simulations and tests on the model performance using C++; Processing data and performing regression-based analysis using Python/R; and Programming numerical/closed-form models and calculations into MATLAB and implementing quantitative tests to verify model behavior. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/ . Please reference Job ID #25849641. EO Employer.

Wage Range: $207,387.54 to $222,432.75

Job Family Group: Risk Management

Job Family: Risk Analytics, Modeling, and Validation

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Job Family Group:

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Job Family:

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Time Type:

Full time

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Primary Location:

Long Island City New York United States

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Primary Location Full Time Salary Range:

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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Anticipated Posting Close Date:

Jul 25, 2025

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_Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._

_If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) ._

_View Citi’s EEO Policy Statement (https://www.citigroup.com/global/eeo-aa-policy) and the Know Your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf) poster._

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.