The Risk Analytics Modeling and Validation role involves the development enhancement and validation of methods for measuring and analyzing the credit risk In areas related to credit risk individuals in this role develop enhance and validate models for measuring losses for mortgage portfolios They also develop and maintain key risk parameters like default and rating migration data usage given default data and transition matrices This role is vital to the company as it provides a scientific and systematic approach to assessing and mitigating risks thereby ensuring the company s financial stability protecting its assets and supporting its overall business strategy Responsibilities The role is typically for Model Validator Perform model validations annual model reviews ongoing monitoring reviews on Low and Medium Model Risk Rating MRR models and model limitation remediation reviews for one or more model product type e g precious metals models under the supervision of a Validation Lead VL for Mortgage loss forecasting models Provide effective challenge to the model development process on Low Medium MRR models in the specific model product type in accordance with the Citi Model Risk Management Policy Evaluating testing approach and results for individual models in accordance with MRM guidance Assessing the ongoing performance monitoring of the models Contributing to regulatory and internal audit related responses Collaborating with other teams within Risk and the Business regarding qualitative models to facilitate compliance with our policies procedures and guidance Assisting with preparing the reports and other meeting materials to MRM senior management Supporting the process of designing developing delivering and maintaining best-in-class qualitative model validation process standards guidance practices templates and other documentation Is an enthusiastic and early adopter of change takes ownership for helping others see a better future and stay positive during uncertai