Model/Analysis/Validation Officer

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

Duties: Provide analytic and technical support in the areas of scenario design, implementing process automation, forecasting, governance, and control. Prepare and manage data related to macroeconomic forecasts utilizing Excel, SAS, Python, and R. Perform feature selection for econometric model, partition data, and interpret regression results. Assist in the redevelopment of credit spread and volatilities models. Conduct gap assessments to ensure that material risk factors are appropriately and adequately stressed in Global Systematic Stress Testing scenarios. Develop and review scenario narratives based on chosen scenario concept and calibrate shocks specific to the ad-hoc risks the firm faces. Perform tasks related to automation, data quality checks, and calculating benchmarking numbers. Assist in the preparation and update of Scenario Severity Guidelines for quarterly macroeconomic and Instantaneous Market Shock scenarios to ensure proper coherence and plausibility of scenarios using historical and internal benchmarks. Design and execute python scripts used to automate the visualization of key drivers used to populate charts and comparisons. Interpret production output results and ensure forecast results are consistent with scenario assumptions, model assumptions, and statistical and econometric foundation assumptions. Conduct forecast oversight to ensure historical data and forecast consistency. Monitor global financial and economic trends and identify and analyze key macro and market risks along with their implications to the global economy and EFT’s forecasts. Collaborate and liaison between technology and scenario production teams to identify bugs and streamline process flow in the production environment. 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, Economics, Mathematics, Statistics, or a related field, and three (3) years of experience in the job offered or in a related quantitative occupation performing modeling and forecasting activities in the finance industry. Three (3) years of experience must include: Performing quantitative review of mathematical and statistical model documentation and testing results utilizing knowledge of calculus, k-means clustering, linear algebra, probability theory and stochastic calculus, focusing on modeling approach, justification, mathematical and market assumptions, and calibration procedures; Implementing risk models using programming languages including C/C++, Python, R, and MATLAB; Applying quantitative and qualitative data analysis methods including SAS programming, Python, R, and Visual Basic programming language to extract, transform, and analyze data; Automating data visualization, extraction and preprocessing tasks used to perform ad hoc data analyses and design, maintaining complex data manipulation processes, and providing documentation for presentations; and Designing scenarios for stress testing exercises, calibrating shocks to key driver variables for stress testing scenarios, and benchmarking severity of key driver variables against historical recessionary periods using quantitative and statistical methods. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/.  Please reference Job ID # 25849910. EO Employer.

Wage Range:                 $145,300 to $169,119.50/year

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:

Irving Texas 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 18, 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.

 

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