Citibank
Quantitative Risk, Model Developer- Market Risk Analytics - SVP (Hybrid)
Citibank, New York, New York, us, 10261
The Model/Anlys/Valid Sr Officer I is a strategic professional who closely follows the latest trends in their field and adapts them for application within their job and the business. Typically, a small number of people within the business provide the same level of expertise. Excellent communication skills are required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence, and convince others, particularly colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business, this role necessitates a degree of responsibility over technical strategy and primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.
Responsibilities:Develops, enhances, and validates the methods of measuring and analyzing risk for all risk types including market, credit, and operational. Also, may develop, validate, and strategize uses of scoring models and scoring model related policies.Develop models and oversee model development, validation, and deployment efforts.Advances Risk Management methodology and integrate models into business decisions and planning.Manage successful annual quantitative and qualitative assessments and submissions.Works with large datasets and complex algorithms to solve data science challenges.Leverages big data to develop innovative deployable solutions.Help introduce best-in-class, cutting-edge Model techniques to drive profitability through innovation.Ensures timely model performance tracking and assists in process automation to drastically improve process/operation efficiencies (where possible) that will enable the business to make rapid decisions against market condition changes.Ensures the compliance of development and validation of models with respect to internal and external guidelines.Supports the development of training curriculum and standards.Partners with Risk and Decision Management organizations to understand the source of new data and continue to improve the process of defining, extracting, and utilizing the new data.Interacts with senior levels of management to facilitate understanding of usage of risk models and inform critical decisions.Provide leadership and guidance for junior modelers.Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency.Qualifications:5+ years experienceSound knowledge of statistical modeling concepts and industry best practices; experience with econometric and statistical modeling or application risk scoring.Excellent quantitative and analytic skills; ability to derive patterns, trends, and insights, and perform risk/reward trade-off analysis.Experience with analytical or data manipulation tools (e.g., SAS, SQL, R, C Programming in UNIX). Proficient with MS Office suite.Ability to deliver compelling presentations and influence executive audiences.Excellent communicator; ability to engage and inspire team forward.Ability to drive innovation via thought leadership while maintaining an end-to-end view.Effective cross-functional project, resource, and stakeholder management; effectively engage with internal audit and external regulators.Experience working in Big data environments; intellectual curiosity to stay abreast of technological advances.Education:Bachelor’s/University degree or equivalent experience, potentially a Masters degree.Job Family Group:
Risk ManagementJob Family:
Risk Analytics, Modeling, and ValidationTime Type:
Full timePrimary Location:
New York, New York, United StatesPrimary Location Full Time Salary Range:
$176,720.00 - $265,080.00In 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.Anticipated Posting Close Date:
Oct 25, 2024Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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
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Responsibilities:Develops, enhances, and validates the methods of measuring and analyzing risk for all risk types including market, credit, and operational. Also, may develop, validate, and strategize uses of scoring models and scoring model related policies.Develop models and oversee model development, validation, and deployment efforts.Advances Risk Management methodology and integrate models into business decisions and planning.Manage successful annual quantitative and qualitative assessments and submissions.Works with large datasets and complex algorithms to solve data science challenges.Leverages big data to develop innovative deployable solutions.Help introduce best-in-class, cutting-edge Model techniques to drive profitability through innovation.Ensures timely model performance tracking and assists in process automation to drastically improve process/operation efficiencies (where possible) that will enable the business to make rapid decisions against market condition changes.Ensures the compliance of development and validation of models with respect to internal and external guidelines.Supports the development of training curriculum and standards.Partners with Risk and Decision Management organizations to understand the source of new data and continue to improve the process of defining, extracting, and utilizing the new data.Interacts with senior levels of management to facilitate understanding of usage of risk models and inform critical decisions.Provide leadership and guidance for junior modelers.Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency.Qualifications:5+ years experienceSound knowledge of statistical modeling concepts and industry best practices; experience with econometric and statistical modeling or application risk scoring.Excellent quantitative and analytic skills; ability to derive patterns, trends, and insights, and perform risk/reward trade-off analysis.Experience with analytical or data manipulation tools (e.g., SAS, SQL, R, C Programming in UNIX). Proficient with MS Office suite.Ability to deliver compelling presentations and influence executive audiences.Excellent communicator; ability to engage and inspire team forward.Ability to drive innovation via thought leadership while maintaining an end-to-end view.Effective cross-functional project, resource, and stakeholder management; effectively engage with internal audit and external regulators.Experience working in Big data environments; intellectual curiosity to stay abreast of technological advances.Education:Bachelor’s/University degree or equivalent experience, potentially a Masters degree.Job Family Group:
Risk ManagementJob Family:
Risk Analytics, Modeling, and ValidationTime Type:
Full timePrimary Location:
New York, New York, United StatesPrimary Location Full Time Salary Range:
$176,720.00 - $265,080.00In 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.Anticipated Posting Close Date:
Oct 25, 2024Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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
.View the
EEO is the Law
poster. View the
EEO is the Law Supplement
. View the
EEO Policy Statement
. View the
Pay Transparency Posting
.
#J-18808-Ljbffr