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Risk Model Validation, Officer (Hybrid)

Hiring from
India
Work type
Hybrid
Posted
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As a Risk Model Validation Officer, you will independently assess and challenge credit, market, and operational risk models to strengthen Citi's risk management framework. You will perform model validations, annual reviews, and ongoing monitoring for assigned model and product types, working closely with a Validation Lead to ensure models meet rigorous performance and governance standards. This role gives you direct influence over how Citi measures and manages financial risk across the organization.

Responsibilities

  • Perform model validations, annual model reviews, and ongoing monitoring reviews for low and medium risk-rated models within your assigned product area.
  • Challenge model development approaches and assumptions to confirm models meet Citi's model risk management standards.
  • Track model limitation remediation progress and verify that corrective actions are properly implemented.
  • Evaluate the ongoing performance of validated models to confirm they continue to perform as intended.
  • Contribute analysis and documentation to support regulatory exams and internal audit reviews.
  • Prepare validation reports and materials for review by senior model risk management stakeholders.
  • Help shape validation standards, templates, and best-practice documentation used across the model validation function.
  • Identify and escalate control issues with transparency to safeguard Citi's assets, clients, and reputation.

Required Qualifications & Skills

  • You bring 4-7 years of relevant experience in risk, analytics, or a related quantitative field.
  • You communicate findings clearly in written reports and verbal discussions.
  • You apply strong analytical and creative problem-solving skills to complex risk questions.
  • You document analysis and results with precision and attention to detail.
  • You manage multiple priorities and deliver accurate results under tight deadlines.
  • You use Python or similar programming languages to support model analysis and testing.
  • You hold a Master's degree or equivalent experience in a quantitative discipline.

Beneficial Skills & Qualifications

  • You have experience developing or validating risk measurement models.
  • You have worked on credit risk analysis or early warning tools that monitor corporate or consumer risk.
  • You apply knowledge of time series analysis, statistics, and econometrics to real-world data problems.
  • You have interpreted data to identify inconsistencies and define clear business issues.

What We Offer

Join a model validation function that shapes how one of the world's largest financial institutions identifies and manages risk. In this role, your analysis directly informs governance decisions that protect Citi and its clients.

  • Work in a hybrid arrangement with 3 days in the office and 2 days working remotely.
  • Build deep technical expertise in model validation across credit, market, and operational risk.
  • Collaborate with risk teams across a global organization, expanding your professional network.
  • Access ongoing learning and development opportunities to grow your analytics and risk management career.
  • Benefit from financial wellbeing programs and resources that support your long-term goals.

Apply today to help safeguard Citi's financial stability through rigorous, independent model validation.


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Job Family Group:

Risk Management

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Job Family:

Model Validation

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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