Citi Model/Analyst/Valid Sr Analyst-AVP in Tampa, Florida
Primary Location: United States,Florida,Tampa
Education: Master's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 18059145
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.
Citi’s Mission and Value Proposition at http://www.citigroup.com/citi/about/mission-and-value-proposition.html explains what we do and Citi Leadership Standards at 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 public’s 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.
Understand counterparty risk system concepts, software framework, and data requirements. Utilize the knowledge to perform various analyses to support CVA CCAR model validation.
Familiar with counterparty stress testing framework and understand Federal Reserve CCAR requirement for banks.
Work with other Risk Analyst teams and Model Validation to build up models and applications for counterparty risk analysis, CVA CCAR and Basel III RWA CCAR.
Work on multiple risk management applications to leverage system functionalities for stress testing and regulatory capital calculations. Improve model coverage for various services and reduce punitive RWA treatment under Basel II/III.
Handling ad-hoc QIS analysis from regulators.
Educated to postgraduate level, with an excellent academic record in a quantitative field (e.g. mathematics, physics, statistics, etc.). Master or higher degree is strongly preferred.
Excellent programming skill and data analysis capability are essential, especially in C/C++, Perl, shell scripts, VBA and basic database skills in either Oracle or Sybase.
Experience of one or more of the following is an advantage but not essential: derivative pricing and exotic products; risk management practices and procedures; numerical methods; Monte Carlo simulations; statistical hypotheses testing.
Good communication skill is required. Be organized, disciplined and detail oriented.
Keen interest in banking and finance, especially in the field of Risk Management.
Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.