GenAI Adoption Program - Model Risk Specialist - Hybrid

The GenAIAdoption Program - Model Risk Specialist will be part of the Citi Innovation Labs at the CTO organization. The organization is focused on delivering cutting edge solutions across Citi’s businesses globally. The person in this role will be a main contributor to an end-to-end Global Strategic initiative to support GenAI adoption at Citi. The position is focused on representing our Data Scientists, Engineers, and Product Managers (Development Teams) in their engagements with Model Risk Management (MRM) validation group – From the initial engagement during the conception of a Model through its validation and periodical reviews. Model types and use cases vary, and the person in this role will be required to work across teams that implement a variety of GenAI solutions that serve different groups and products within the bank. The role will also focus on owning Object and Model book of and will serve as development teams’ center of knowledge.Responsibilities: Assist development teams with processing new GenAI Objects (Objects refers to both GenAI Objects and supervised and unsupervised Models) from Identification through Validation, including materiality classifications, model exposure, model limitations, and scope of usageWork with peers on streamlining adoption of GenAI, reducing overall friction in development teams’ successful production deployment Own and maintain, GenAI Object book of work for eligible GenAI use-casesDuring Pre-Identification phase of Models, assist with preparations for internal discussions and initial submission to Model Risk Management (MRM), considering object/model characteristics and potential challenges in the processAssist with resolving Object pre-validation comments from MRMOwn relationships with MRM - Communicate and coordinate with model risk validation group on validation group’s policy or procedural changes, recurring validation hold-ups or inefficiencies you identify throughout the processMonitor and maintain Object inventory data and lifecycleEducate development teams on validation processOwn tracking and modeling tools Preferred Background:Master’s or advanced Degree in quantitative fields such as Physics, Mathematics, Financial Engineering, Quantitative Finance, Data Science etc.Knowledge of Model Risk principals and hands-on experience with model validation in a financial institution – A Must,Experience in GenAI Object / Model validation or AI/ML Object / Model validation – Strongly preferred.Experience in a quantitative role in the Financial Markets/Banking/Insurance or experience in Risk capacity at a financial services / insurance institution – Strongly preferred!Strong organizational and project management skillsRisk and Controls mindset.CFA Charterholder – Preferred------------------------------------------------------Job Family Group: Technology------------------------------------------------------Job Family:Data Analytics------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:$142,320.00 - $213,480.00In 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. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:Nov 14, 2024------------------------------------------------------Citi 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