+ Comprehensive Capital Analysis Review (CCAR) is an annual regulatory submission to US Federal Reserve Board (FRB). It is used to ensure that institutions have robust, forward-looking capital planning processes that account for their unique risks and sufficient capital to continue operations throughout times of economic and financial stress. As part of CCAR, the Federal Reserve evaluates institutions' capital adequacy, internal capital adequacy assessment processes, and their plans to make capital distributions, such as dividend payments or stock repurchases.The **FP&A Expense Modeler** Intmd. Analyst is an intermediate level position, part of **FP&A Model Development team** which is responsible for developing qualitative driver based expense forecast models to project expenses for different products / businesses / geographies within the firm to support CCAR and QMMF. **Responsibilities:** + Development of **driver based qualitative forecasting models** for key **expense** line items for capital and business planning purposes. This includes the calculation of Headcount and Compensation expenses as well as Non Compensation expense account lines + Manage the **model life-cycle** from first-line of defense perspective and participate in Segmentation, Risk Identification, overlay discussions with Businesses and Finance teams + **Responsible** for writing qualitative model development documentation and partner with Model Risk Management (MRM) to address their feedback through the validation phase and post validation ongoing monitoring cycle + **Responsible** for understanding changes to qualitative requirements published by MRM in **Model Testing Guidance** and presenting the key changes to senior model development leads. Also, be a champion in addressing observations raised by MRM and Internal Audit in a quantitative manner by thinking out-of-box. + **Contribute** to model convergence initiatives as part of firm’s Transformation journey for different businesses. Responsible to explain model results to FP&A / Business teams during quarterly model runs under different scenarios provided by Economic Scenario Group. + **Responsible** in seeking sign-offs on final selected models from key stakeholder such as FP&A / business head + **Qualifications / skill sets:** + **3-7** years of relevant expense modelling /business experience in financial services + Strong understanding of expense drivers and financial modelling / forecast models + Hands-on experience in programming and modeling using SAS, Python and R is an added plus + Follow a culture of accountability and strict quality control of the data integrity and modeling process + Ability to build key relationships with finance and business teams + Must be able to present technical matters in a way that is meaningful to the audience ------------------------------------------------------ **Job Family Group:** Risk Management ------------------------------------------------------ **Job Family:** Risk Analytics, Modeling, and Validation ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Most Relevant Skills** Credible Challenge, Data Analysis, Laws and Regulations, Management Reporting, Policy and Procedure, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation. ------------------------------------------------------ **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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)_ _._ _View Citi’s_ _EEO Policy Statement (https://www.citigroup.com/global/eeo-aa-policy)_ _and the_ _Know Your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)_ _poster._ Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.