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SVP, Model Risk Validation

Job Req ID 22594773 Location(s) Irving, Texas Job Category Risk Management
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Description: This Model Validation role is a member of the Consumer Valuation Models group within Model Risk Management.  The successful candidate will lead model validation activities with a primary focus on Credit Scoring and Risk Segmentation models from APAC and US Retail Bank /Mortgage areas.Key responsibilities include, but not limited to: • Supervise and train junior validators on model validation processes• Manage model risk across the model lifecycle including model validation, performance evaluation and ongoing monitoring•             Provide effective challenge to the model design and construction and conduct incremental analysis and testing as necessary• Identify model limitations and ensure the appropriate remediation actions are in place and monitored•             Challenge and continually improve MRM guidance on modelling approaches and model performance testing• Contribute to strategic, cross-functional initiatives within the MRM organization

Development Value: There will be learning and growth opportunities in this position, from both technical and leadership perspective.  Given the wide range of coverage, the incumbent will be exposed to different types of business operations and a variety of modeling approaches, including machine learning on top of industry standard tools.

Qualifications: Knowledge /Experience At least 7+ years of experience in consumer predictive modelling; experience in Model Risk Management with model validation responsibilities in the fraud area.

●Sound knowledge of statistical modeling concepts and industry best practices; experience with econometric and statistical modeling or application risk scoring ● Experience with managing a team and building partnership with business stakeholders ● Solid writing skills Strong communication skills as the work involves frequent interaction with model developers, risk managers and other stakeholders ● Ability to challenge models and identify model risk, especially on conceptual soundness, data quality, model development process ● Experience with analytical or data manipulation tools (e.g. SAS, SQL, R, C Programming in UNIX) Proficient with MS Office suite

● Minimum of a Masters’ degree preferably a PhD, in a quantitative field (e.g. Statistics, Engineering, Mathematics, etc.)

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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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Primary Location:

Irving Texas United States

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Primary Location Salary Range:

$150,940.00 - $226,410.00

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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.

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View the EEO Policy Statement.

View the Pay Transparency Posting

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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.

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