Model Validation Analyst

The Model Validation role involves the validation of models for measuring and analyzing wholesale credit risk and climate risk for wholesale obligors.

They conduct analyses using wholesale credit risk and climate risk data, and use model performance metrics to monitor the risk of the models.

This role is vital to the company as it serves to mitigate the risk in the development, implementation and use of models used in key bank processes, including risk management.

What you will do:

• Perform in-depth and rigorous model validations, annual model reviews, ongoing performance monitoring and model limitation remediation reviews.

• Provide effective challenge to the model development process and instigate appropriately prioritized follow-up action as and when required.

• Conduct rigorous independent analysis and tests to evaluate model designs and supporting analysis provided by wholesale credit risk model development teams.

• Systematically assess the ongoing performance monitoring and annual review of wholesale credit risk models (e.g. wholesale risk rating models, climate risk models, etc.).

• Contribute to regulatory and internal audit-related matters as and when required.

• Write clear, concise, and logically structured validation reports and other materials for senior management.

• Support the process of designing, developing, delivering, and maintaining best-in-class model validation process standards, guidance, practices, templates, and other documentation.

• Demonstrates and inspires curiosity in seeking new ways to overcome challenges; actively applies learning from failures.

• Challenges self and others to seek out and communicate alternative views even when unpopular; welcomes diverse ideas to improve outcomes.

• Acts as a change catalyst by identifying and helping others see where new ideas could benefit the organization.

• Focuses on highest-priority work aligned to business goals; helps others effectively manage competing priorities.

• Proactively identifies opportunities to streamline work and conduct automation using AI tool; creates process improvements that enhance efficiency for self and the team.

• Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness.

• Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements.

• Sets high expectations and invests the necessary effort to deliver excellence and exceed performance goals.

• Role-models and helps others to do the right thing for clients and Citi in all situations, even when difficult

• Engages key stakeholders early and actively looks for opportunities to improve collaboration in achieving common goals.

What we will need from you:

• 1-2 years of relevant experience.

• Experience in Model Validation, Model Development, Risk Management, Analytics, or Quantitative Finance is preferred.

• Excellent quantitative skills, including in statistics, probability, time series and data analysis, real analysis, and linear algebra.

• Programming skills in languages such as Python, R, MATLAB, or VBA.

• Strong computer science, accounting, statistic, or climate risk background is preferred.

• Experience with wholesale credit risk models (e.g. wholesale risk rating models, climate risk models) is preferred.

• CPA, FRM, or CFA is preferred.

• Has attention to detail and ability to research models in a systematic and rigorous fashion.

• Has an ability to work independently as well as an ability to collaborate with other team members, model sponsors, model developers, or business.

• Excellent written and verbal communication skills; ability to communicate technical matters, both to a technical and a non-technical senior audience.

• Excellent analytic, creative thinking, and problem-solving skills.

• Ability to prioritize, work under pressure, and deliver high-quality validation reports under tight deadlines.

• Bachelor's/University degree or above in subjects such as statistics, accounting, computer science, finance, engineering, mathematics, physics, etc. Master’s degree is preferred

• Knowledge of financial markets and products.

By joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (currently up to 2 days working at home per week), but also (potentially, subject to final offer) receive a competitive base salary and enjoy a whole host of additiona