Model/Analyst/Validation Officer

Citibank N.A. seeks a Model/Analyst/Validation Officer for its New York, NY location.
Duties: Perform model development procedures to support model development and analytics efforts across customer lifecycle (Acquisitions, Customer Management, Collections) including customer behavioral data and channel interaction data using data extraction, mining, and modeling tools for unstructured and structured data. Develop models in compliance with Global Risk and external regulatory guidelines. Explore best in class modeling techniques including new machine learning methods and their application in solving business problems across all account management strategies. Communicate with stakeholders at all levels of management to articulate modeling techniques, results, performance, usage, provide recommendations and perform additional analysis if required. Support regulatory exams and audit readiness efforts. Design model frameworks including choice of data sources, vintages, segmentation, modeling technique, model validation metrics evaluation, and associated business impact analysis. Use R, Python and SAS to develop models using algorithms currently not available in SAS. Supervise implementation of these models in compliance with relevant guidelines. Remote work may be permitted within a commutable distance from the worksite in accordance with Citi policy.
Requirements: Bachelor's degree, or foreign equivalent, in Statistics, Mathematics, Management of Technology, Analytics, or a related field, and six (6) years of experience in the job offered, or in a related occupation in the financial services industry. Six (6) years of experience must include: SAS programming to perform data processing and statistical model development; SQL programming to extract data from enterprise data warehouse; Python and R programming to perform data mining and statistical analysis; Statistical modeling knowledge to make decisions on model design, choice of parameter, and tuning of model; Credit Card Business or Risk Management knowledge to understand business needs and provide practical and creative solutions; and Project management to coordinate across different teams with a good understanding of business and resource availability and deliver projects on time. In the alternative, employer will accept a Master's degree, or foreign equivalent, in an above stated field of study, and four (4) years of experience in the job offered, or in a related occupation in the financial services industry. Employer will accept pre- or post- Master's degree experience. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #24731355. EO Employer.
Wage Range: $166,300 to $198,480/year
Job Family Group: Risk Management
Job Family: Risk Analytics, Modeling, and Validation
Job Family Group:
Job Family:
Time Type:
Full time
Primary Location:
New York New York United States
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.
Anticipated Posting Close Date:
May 13, 2024
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