Easter Seals Jobs

Citibank, N.A. seeks a Model/Analysis/Validation Officer for its Long Island City, New York location.Duties: Validate Scenario Design Models focusing on macroeconomic and financial variable forecasting. Validate Wholesale Risk Rating Models and monitor internal credit risk ratings generated by the models for risk portfolios. Provide effective challenges on model assumptions, mathematical formulation, and implementation. Conduct analysis and write detailed validation reports. Conduct quantitative and statistical testing on modeling data. Assess adequacy and relevancy of modeling data, and evaluate data processing approaches. Apply accounting and financial theories to review financial ratios that are used in the Credit Risk Rating models. Analyze ongoing model performance to evaluate if the model can generate the expected results, and conduct benchmarking analyses to verify selection of model approaches. Review ongoing monitoring plans and test methodology and threshold, for different model types. Present model validation results to senior management, model sponsor, and model developers. Participate in periodical rating council meetings and process meetings, and deliver rating model related information to senior management and/or team. Monitor the teams’ project portfolio. Perform timeline optimization and resource allocation. Mentor junior validators, providing feedback on quantitative analyses, report writing, communication with counterparties, regulation requirements, internal policies and procedures. Lead internal trainings on policies, programming skills, statistical skills, communications skills, and reporting writing skills. Collaborate with internal validation teams, model governance teams, model sponsors, and model developers to validate risk models. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.Requirements: Requires a Master’s degree or foreign equivalent in Mathematics, Statistics, Finance, Financial Mathematics, Computer Science, or related quantitative field and 2 years of experience as Model/Analysis/Validation Analyst or related position involving conducting risk management for a global financial services institution. 2 years of experience must include: Quantitative modeling; Mathematics and statistical techniques; Leveraging Univariate/Multivariate Regression for CCAR,CECL, and ICAAP; Programming in R; and Drafting technical validation reports. 1 year of experience must include: Conducting data and financial analysis; Leveraging Time Series Regression, Vector Error Correction Model and Principal Component Analysis for CCAR,CECL,ICAAP, IFRS9 and other usages; Validating models used in stress-testing under guidelines for CCAR, DFAST, CECL, and ICAAP; and; Programming in Python and SAS. Salary range: $178,000 to $182,000/yr; 40 hrs/wk. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #24772502. EO Employer.

Minimum Salary: 178,000 Maximum Salary: 182,000 Salary Unit: Yearly