[Skip to main content](#main-content) [OpenNash Jobs](https://jobs.opennash.com/) [Hiring report](/reports/hiring/) · [All Citigroup jobs](https://jobs.opennash.com/companies/citigroup/) · [Search jobs](/search/) Citigroup # Credit Risk Model Validation Analyst, Loss & Balance Forecasting (Hybrid) Bangalore Karnataka India +1 more Hybrid Full-time Finance & Accounting Listed on Citigroup’s official careers site. Posted October 15, 2026. Check that it is still open and apply there. [Apply on Citigroup’s careers site →](https://citi.wd5.myworkdayjobs.com/2/job/Bangalore-Karnataka-India/Credit-Risk-Model-Validation-Analyst--Loss---Balance-Forecasting--Hybrid-_26998780) [OpenNash Jobs](https://jobs.opennash.com/) / [Citigroup](https://jobs.opennash.com/companies/citigroup/) / Credit Risk Model Validation Analyst, Loss & Balance Forecasting (Hybrid) ## Job description As a Credit Risk Model Validation Analyst, you will validate and strengthen the models and tools Citi relies on to measure market, credit, and operational risk. You will work on Loss Given Default studies, credit risk model validation, and early warning tools that directly shape how Citi manages risk across its lending portfolios. This role sits within a team that maintains the analytical foundation behind Citi's risk decisions, offering hands-on exposure to real-world credit risk modeling and data analysis. ### Responsibilities Validate credit risk models used to measure obligor risk and support early warning tools for corporate and consumer portfolios. Conduct data analysis for Loss Given Default studies and contribute directly to model development. Evaluate and apply scoring models to strengthen credit risk policies and decision-making. Maintain core risk parameters, including default data, rating migration data, usage given default data, and transition matrices. Spot gaps in existing risk policies and help shape new ones to close them. Translate data analysis into clear recommendations grounded in credit risk expertise. Document models, methods, and validation processes so they are clear, reproducible, and audit-ready. Manage individual projects or specific components of larger initiatives, and present findings to stakeholders. ### Required Qualifications & Skills 2 to 4 years of relevant experience in risk, analytics, or a related quantitative field. Working knowledge of data analysis tools such as Excel, R, or Python. Demonstrated skill in analyzing data and translating findings into clear conclusions. Ability to spot inconsistencies in data or results and define the underlying business issue. Capability to turn analysis into practical recommendations on policies or procedures. Strong communication skills, with the ability to present information clearly to different audiences. A master's degree, university degree, or equivalent experience. Beneficial ### Skills & Qualifications Background in Quantitative Finance, Risk Management, Analytics, Model Development, or Model Validation. Experience building or validating risk measurement models. Exposure to credit risk analysis, particularly developing early warning tools. Familiarity with industry standards and practices in credit risk management. Knowledge of SAS in addition to R or Python for data analysis. ### What We Offer You will build deep technical expertise in credit risk modeling while working alongside experienced analysts who shape how Citi measures and manages risk globally. Hands-on development in credit risk model validation, with exposure to real portfolios and real decisions. Structured learning and development support to build your analytical and risk management skill set. A hybrid work arrangement with 3 days in the office and 2 days working remotely. Collaboration with global risk teams, giving you visibility into how Citi operates at scale. Resources supporting financial wellbeing, family support, and work-life balance. Apply now to help shape the risk models that protect Citi's credit portfolios and strengthen its decision-making. #LI-VR2 ------------------------------------------------------ Job Family Group: Risk Management ------------------------------------------------------ Job Family: Model Validation ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Most Relevant Skills Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle. ------------------------------------------------------ Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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. View Citi’s EEO Policy Statement and the Know Your Rights poster. ## At a glance - Posted by the employer: Oct 15, 2026 - First seen by OpenNash: Oct 20, 2026 - Last checked: Oct 20, 2026 - Listed for: 5 days - Location: Bangalore Karnataka India +1 more - Work arrangement: Hybrid - Employment type: Full-time[Apply on Citigroup’s careers site →](https://citi.wd5.myworkdayjobs.com/2/job/Bangalore-Karnataka-India/Credit-Risk-Model-Validation-Analyst--Loss---Balance-Forecasting--Hybrid-_26998780) ## More jobs at Citigroup ### [(SAS required) Wealth Lending In-Business Risk Stress Testing, Credit Portfolio Sr. Analyst, AVP](https://jobs.opennash.com/companies/citigroup/jobs/3dd9acadb5c06c1e90d4/) Kowloon Hong Kong ### [2025 Corporate Banking Full Time Analyst Program - Mexico](https://jobs.opennash.com/companies/citigroup/jobs/f502087e476d5326c424/) Ciudad De Mexico Distrito Federal Mexico ### [APAC Head of Equity Finance Technology](https://jobs.opennash.com/companies/citigroup/jobs/c2cc65f8b8c528d26963/) Kowloon Hong Kong ### [APAC Prime Finance and FDC (Futures & Derivatives Clearing) Risk Manager](https://jobs.opennash.com/companies/citigroup/jobs/72d8654b4edf850f9c80/) Hong Kong Hong Kong ### [AVP - Structured Credit (ABS) Underwriter](https://jobs.opennash.com/companies/citigroup/jobs/6276d46774f89295ba98/) Mumbai Maharashtra India ## Similar jobs at other companies ### [Quant Model Risk Analyst/Associate - Counterparty Credit Risk](https://jobs.opennash.com/companies/jpmorganchase/jobs/1369a5a25854e383a7b9/) JPMorganChase · Bengaluru, Karnataka, India ### [Senior Credit Risk Model Developer position in Credit Risk Modelling](https://jobs.opennash.com/companies/unicredit/jobs/a911edea530762c64947/) UniCredit ### [Manager, Credit Risk Model Validation](https://jobs.opennash.com/companies/bmo/jobs/fb41ce003f003e5fee98/) BMO · Toronto, ON, CAN ### [Senior Manager, Credit Risk Model Validation](https://jobs.opennash.com/companies/bmo/jobs/35e7d5056ea9dd811506/) BMO · Toronto, ON, CAN ### [Quantitative Analyst in Credit Risk Model Validation | SEB, Vilnius](https://jobs.opennash.com/companies/seb-ab/jobs/38920ebe675fc69eb7ba/) SEB AB · Vilnius OpenNash lists jobs from employers’ own careers sites and does not handle applications. Dates come from the employer where stated; “first seen” and “last checked” are our own observations. OpenNash Jobs · Official listings with dates and links to the employer. [Weekly hiring report](/reports/hiring/) · [Methodology](/methodology/)