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    Job · 21468990

    MUMBAI · FULLTIME

    Risk Model Validation, Officer (Hybrid)

    Citicorp

    Citicorp

    Mumbai · onsite · Posted 3d ago

    Sourced fromWorkday
    Not disclosed4–7 yrsfulltimeMumbai

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    Section · 01

    About this role

    As a Risk Model Validation Officer, you will independently assess and challenge credit, market, and operational risk models to strengthen Citi's risk management framework. You will perform model validations, annual reviews, and ongoing monitoring for assigned model and product types, working closely with a Validation Lead to ensure models meet rigorous performance and governance standards. This role gives you direct influence over how Citi measures and manages financial risk across the organization.   Responsibilities Perform model validations, annual model reviews, and ongoing monitoring reviews for low and medium risk-rated models within your assigned product area. Challenge model development approaches and assumptions to confirm models meet Citi's model risk management standards. Track model limitation remediation progress and verify that corrective actions are properly implemented. Evaluate the ongoing performance of validated models to confirm they continue to perform as intended. Contribute analysis and documentation to support regulatory exams and internal audit reviews. Prepare validation reports and materials for review by senior model risk management stakeholders. Help shape validation standards, templates, and best-practice documentation used across the model validation function. Identify and escalate control issues with transparency to safeguard Citi's assets, clients, and reputation.   Required Qualifications & Skills You bring 4-7 years of relevant experience in risk, analytics, or a related quantitative field. You communicate findings clearly in written reports and verbal discussions. You apply strong analytical and creative problem-solving skills to complex risk questions. You document analysis and results with precision and attention to detail. You manage multiple priorities and deliver accurate results under tight deadlines. You use Python or similar programming languages to support model analysis and testing. You hold a Master's degree or equivalent experience in a quantitative discipline.   Beneficial Skills & Qualifications You have experience developing or validating risk measurement models. You have worked on credit risk analysis or early warning tools that monitor corporate or consumer risk. You apply knowledge of time series analysis, statistics, and econometrics to real-world data problems. You have interpreted data to identify inconsistencies and define clear business issues.   What We Offer   Join a model validation function that shapes how one of the world's largest financial institutions identifies and manages risk. In this role, your analysis directly informs governance decisions that protect Citi and its clients. Work in a hybrid arrangement with 3 days in the office and 2 days working remotely. Build deep technical expertise in model validation across credit, market, and operational risk. Collaborate with risk teams across a global organization, expanding your professional network. Access ongoing learning and development opportunities to grow your analytics and risk management career. Benefit from financial wellbeing programs and resources that support your long-term goals.

      Apply today to help safeguard Citi's financial stability through rigorous, independent model validation. 

    #LI-VR2


    Job Family Group: Risk Management


    Job Family: Model Validation


    Time Type: Full time


    Most Relevant Skills Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.


    Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.


    Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.   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 Citi’s EEO Policy Statement and the Know Your Rights poster.

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    Section · 02

    Skills

    Python

    Section · Company

    About Citicorp

    Citicorp

    Citicorp

    Financial Services

    32k+

    employees

    1997

    29 years old

    Pune, Maharashtra

    India

    ₹28.4L PA avg

    Avg at Citicorp

    About

    Committed to India for over 120 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network.

    Industries

    Financial ServicesBanking

    Employee ratings

    10 reviews

    3.7/ 5

    Culture

    3.8

    Career growth

    3.6

    Work-life

    3.9

    Employees rate it well for

    Compensation & Benefits39Overall Company37

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