3 days old

AVP - Quantitative Risk

Citigroup
Irving, TX 75062
If you have skills in Python programming/coding, or data analytical experience, we would invite you to apply!


**About Citi:**


Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.


Citis Mission and Value Proposition (http://www.citigroup.com/citi/about/mission-and-value-proposition.html) explains what we do and Citi Leadership Standards (http://www.citigroup.com/citi/about/leadership-standards.html) explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients and the publics trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.


Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background, and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.


**About Model Analytics Group**


The Model Analytics 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 Citis 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 description AVP (MAG Irving Texas US)**


+ With oversight/guidance from senior staff, research, analyze, coding and document wholesale credit risk models for annual model review and models ongoing performance assessment.

+ Provide post model development analytics for ICAAP estimations.

+ Work with Citi Risk to define the analytical scope and provide case studies.

+ Conduct data analysis and document preliminary findings through data exploration.

+ Prepare model performance metrics and perform default analysis, rating migration analysis, impact analysis, root cause analysis and statistical analysis.

+ Provide comprehensive interpretations, explanations, and conclusions based on a set of analytic results.

+ 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.


**Qualifications**


+ Masters 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.),

+ 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 problemsespecially in banking, finance, or risk managementis 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.


**Skills**


+ Solid programming skills, with experience of statistical/data analysis techniques and numerical implementations and some familiarity of modern software development tools, is required. Specific experience in Python, SAS, R, using statistical packages and regression models, C/C++, UNIX, databases, and version control systems is particularly advantageous.

+ Good written and verbal communication skills, with ability to synthesize complex technical information and explain it clearly, is required.


**Personal traits**


+ Highly motivated, with ability to work both independently and collaboratively.

+ Highly responsible with good sense of timelines.

+ Organized with good records management skills.

+ Logical and thoughtful approach to work, with ability to perform well under pressure to meet tight deadlines.

+ Giving careful attention to detail, with capability to deliver high quality results.

+ Potential to build trusted relationships confidently.


**Experience Required for AVP (C12)**


+ 2 to 6 years quantitative analytical experience preferred. Other experience in financial institutes considered.

+ Sound theoretical knowledge and some practical experience.

+ Fewer years experience considered with advanced degrees.


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**Job Family Group:**


Risk Management

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**Job Family:**


Risk Analytics, Modeling, and Validation

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**Time Type:**


Full time

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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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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AVP - Quantitative Risk

Citigroup
Irving, TX 75062

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