Quant jobs / Citi

Model Validation Senior Analyst, Assistant Vice President

A validation role in Citi's model risk management group, covering credit, market and operational risk models including credit risk tools and loss given default analyses. It tests and challenges models that inform key business decisions.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Carry out validations, annual and ongoing monitoring reviews, and remediation reviews
Challenge model development on low and medium risk-rated models
Check obligor risk, early warning indicators and LGD analyses
Support regulatory exams and internal audit requests
Contribute to validation standards and templates

What they ask for

Required

5-8 years in quant finance, risk, analytics or model validation
Credit risk modelling background
Evaluating default, rating migration and transition matrix data
Strong written and verbal communication
Stakeholder collaboration
Sound judgement on risk escalation

Education: No degree level stated
Experience: 5-8 years in quantitative finance, risk or model validation
Markets: credit

How to prepare

Study credit scoring and LGD modelling methods and common weaknesses
Practise reading a model development document and listing key assumptions to test
Learn rating migration and transition matrix estimation
Understand model risk governance and risk ratings

What to study

The Model Validation Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Citi’s site before applying: requirements, location and pay can change after we check them.

View the posting on Citi’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Citi and doesn’t handle applications.