Model Validation Intermediate Analyst, Officer (Hybrid)

Overview

Model Validator role within Citi's Model Validation team, performing validations and reviews of Low and Medium Model Risk Rating models under the supervision of a Validation Lead, within the Risk Management job family.

What you'll do

• Perform model validations, annual model reviews, ongoing monitoring reviews and model limitation remediation reviews for one or more model or product types (e.g., precious metals models) under the supervision of a Validation Lead.
• Provide effective challenge to the model development process on Low and Medium MRR models in the specific model or product type, in accordance with the Citi Model Risk Management Policy.
• Assess the ongoing performance monitoring of the models.
• Contribute to regulatory and internal audit related responses.
• Assist with preparing reports and other meeting materials for MRM senior management.
• Support the design, development, delivery and maintenance of best-in-class qualitative model validation process standards, guidance, practices, templates and other documentation.

What you'll need

• 2-5 years relevant experience.
• Bachelor's/University degree or equivalent experience.
• Excellent partnership and teamwork skills.
• Ability to formulate findings clearly and concisely in writing, with good verbal communication skills.
• Good analytic, creative thinking and problem-solving abilities.
• Adept and meticulous at analysis and documentation of results.
• Ability to prioritize well, work well under pressure and deliver results under tight deadlines.
• Programming skills in languages like Python, MATLAB, C/C++/C#, VBA or other coding language as needed.
• Excellent communication and diplomacy skills.
• Ability to work independently and as part of a team.
• Proficiency in data analysis and interpretation.
• Ability to identify inconsistencies in data or results and define business issues.
• Ability to formulate recommendations on policies, procedures or practices.
• Ability to exchange information in a concise and logical way and be sensitive to audience diversity.
• Strong analytical thinking skills and knowledge of data analysis tools and methodologies.
• Attention to detail and the ability to make informed judgments based on information.
• Project management skills, with the ability to manage multiple tasks and deadlines.
• Strong analytical and problem-solving skills.

Nice to have

• Experience in Quantitative Finance, Risk management, Analytics, Model Development or Model Validation is preferred.
• Experience in developing and validating risk measurement methods and models is a plus.
• Experience in credit (or other risk category) risk analysis, particularly in the development of early warning tools, is desirable.
• Knowledge of time series analysis, statistics and econometrics.
• Experience in data analysis and interpretation and technical written skills.

Details

• Location: Gurugram, Haryana, India.
• Work mode: Hybrid.
• Time type: Full time.