NYC Staffing
Model/ Analysis/ Validation Senior Officer I
NYC Staffing, New York, New York, United States, 10001
Model/ Analysis/ Validation Senior Officer I
Citibank, N.A. seeks a Model/ Analysis/ Validation Senior Officer I for its New York, New York location. Duties include overseeing Citi Private Bank portfolios with mortgage, partner lending, and margin and securities backed finance products. The role involves executing the end-to-end Comprehensive Capital Analysis and Review (CCAR) 14A quarterly reporting process required by the Federal Reserve as part of CPB portfolios management. Key responsibilities include conducting key financial driver analysis, macroeconomic variables and trend analysis, and scenarios and variance impact analysis in support of the CCAR process. Additionally, the position supports analytically the quantitative loss forecasting model development for CBP. Monthly business monitoring and statistical analysis of the Basel results for CBP portfolios are also required. The role involves preparing quarterly statistical analysis of the Basel parameter and reviewing it with CPB Business and Risk team. Current Expected Credit Loss (CECL) calculations for Delinquency Managed portfolios are performed, along with statistical studies to identify scenarios vs. portfolio change impacts on the federally required CECL reserve process. The portfolio analytical processes such as back-testing and sensitivity analysis are carried out as internally required by the Model Risk Management process. Appropriately assess the risks involved when business decisions are made. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols. Requirements include a Bachelor's degree, or foreign equivalent, in Mathematics, Applied Mathematics, Statistics, Engineering (any), Economics, or related field and 5 years of progressive, post-baccalaureate experience as a Data Analyst, Business Analyst, Compliance Analyst, Risk Manager, Regulatory Risk Officer, or related position involving financial data analysis and engineering in support of regulatory compliance for a global financial institution. Must have experience with: Comprehensive Capital Analysis and Review (CCAR) process and requirements; Current Expected Credit Losses (CECL) process and requirements; International Financial Reporting Standard (IFRS) process and requirements; Model development, production and analysis; Analysis and management of private bank portfolios including partner lending, residential real estate, margin lending portfolios, art finance, aircraft finance, commercial real estate, private equity, insurance; Model validation, performance monitoring and periodic evaluation; Model implementation document production and model governance control; Management and monitoring of Basel framework and parameters including loss given default, probability of default, credit conversion factors; Monitoring and management of portfolios involving APAC, NAM and EMEA regions. Salary range: $195,000 to $235,000/yr; 40 hrs/wk.
Citibank, N.A. seeks a Model/ Analysis/ Validation Senior Officer I for its New York, New York location. Duties include overseeing Citi Private Bank portfolios with mortgage, partner lending, and margin and securities backed finance products. The role involves executing the end-to-end Comprehensive Capital Analysis and Review (CCAR) 14A quarterly reporting process required by the Federal Reserve as part of CPB portfolios management. Key responsibilities include conducting key financial driver analysis, macroeconomic variables and trend analysis, and scenarios and variance impact analysis in support of the CCAR process. Additionally, the position supports analytically the quantitative loss forecasting model development for CBP. Monthly business monitoring and statistical analysis of the Basel results for CBP portfolios are also required. The role involves preparing quarterly statistical analysis of the Basel parameter and reviewing it with CPB Business and Risk team. Current Expected Credit Loss (CECL) calculations for Delinquency Managed portfolios are performed, along with statistical studies to identify scenarios vs. portfolio change impacts on the federally required CECL reserve process. The portfolio analytical processes such as back-testing and sensitivity analysis are carried out as internally required by the Model Risk Management process. Appropriately assess the risks involved when business decisions are made. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols. Requirements include a Bachelor's degree, or foreign equivalent, in Mathematics, Applied Mathematics, Statistics, Engineering (any), Economics, or related field and 5 years of progressive, post-baccalaureate experience as a Data Analyst, Business Analyst, Compliance Analyst, Risk Manager, Regulatory Risk Officer, or related position involving financial data analysis and engineering in support of regulatory compliance for a global financial institution. Must have experience with: Comprehensive Capital Analysis and Review (CCAR) process and requirements; Current Expected Credit Losses (CECL) process and requirements; International Financial Reporting Standard (IFRS) process and requirements; Model development, production and analysis; Analysis and management of private bank portfolios including partner lending, residential real estate, margin lending portfolios, art finance, aircraft finance, commercial real estate, private equity, insurance; Model validation, performance monitoring and periodic evaluation; Model implementation document production and model governance control; Management and monitoring of Basel framework and parameters including loss given default, probability of default, credit conversion factors; Monitoring and management of portfolios involving APAC, NAM and EMEA regions. Salary range: $195,000 to $235,000/yr; 40 hrs/wk.