Vacancy Vite – Latest Hiring in 2025
Website Citi
Job Description:
The Model Analysis Group (MAG) is to provide post models development analytics for wholesale scorecards, wholesale debt rating models, retail models, CCAR and ICAAP estimations, market risk and counterparty credit risk models and economic models within Citi’s Risk Modeling and Analytics group. MAG comprises more than 50 quantitative risk analysts and other professionals located in four cities and three countries and is responsible for over 200 risk models used within Citi.
Job Responsibilities:
- With oversight/guidance from senior staff, research, analyze, coding and document wholesale credit risk models for annual model review and model’s ongoing performance assessment.
- Provide post model development analytics for ICAAP estimations.
- Work with Citi Risk to define the analytical scope and provide case studies.
- Prepare model performance metrics and perform default analysis, rating migration analysis, impact analysis, root cause analysis and statistical analysis.
- Work with industry specific experts and incorporate industry knowledge into analytical work.
- Execute consistent with Model Risk Management heightened standards.
- Assist others in designated tasks in response to regulatory and internal risk management requirements.
Job Requirements:
- Other qualifications such as Financial Risk Manager (FRM), Chartered Financial Analysts (CFA), Certificate in Quantitative Finance (CQF), etc. are advantageous,
- Demonstrable interest in applying sophisticated mathematical/analytical techniques to solve real-world problems—especially in banking, finance, or risk management—is required,
- Experience or knowledge of one or more of the following topics is highly advantageous but not essential: derivative pricing, risk management practices, numerical methods including Monte Carlo simulation, statistical hypothesis testing, banking- or trading-book products, accounting and corporate finance, credit risk modelling, market risk modelling, counterparty risk modelling, risk capital modelling, stress testing,
Qualification & Experience:
- Master’s degree in Finance, Statistics, or another quantitative field (Mathematics, Engineering, Computer Science, Econometrics, Economics, etc.) is required. Advanced degree (PhD) is advantageous, as is exceptional academic record (rewards, recognition, etc.),
Job Details:
Company: Citi
Vacancy Type: Full Time
Job Location: Manchester, NH, US
Application Deadline: N/A
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