Job description

Head of FP&A Model Development (C16) leads the global FP&A Model Development organization, providing strategic direction for the design, development, implementation, and governance of forecasting models that support balance sheet, P&L, capital, and business planning activities. Reporting to Head of FP&A, this role leads teams of senior quantitative professionals through multiple layers of management and serves as a key member of the functional leadership team. The role requires deep expertise in quantitative modeling, forecasting methodologies, and emerging AI/ML capabilities, combined with a strong understanding of financial services, business strategy, and regulatory expectations. As a senior leader, the individual is responsible for shaping the long-term modeling strategy, driving innovation and execution at scale, influencing senior stakeholders and regulators, and ensuring modeling capabilities effectively support critical business decisions and enterprise objectives. Responsibilities: • Lead the development, enhancement, implementation, and ongoing governance of Balance Sheet and P&L forecasting models across Citi's global product portfolios. • Establish and execute the strategic roadmap for FP&A model development, ensuring forecasting methodologies are robust, scalable, and aligned with business, financial, and regulatory objectives. • Effectively partner with Model Risk Management to oversee the full model lifecycle, including model validation, performance monitoring, annual recalibration, redevelopment, and remediation activities to maintain model effectiveness and compliance with governance standards. • Ensure forecasting models, risk analytics, and validation frameworks effectively support scenario-based forecasting, including the development and evaluation of econometric assumptions and economic indicators. • Partner with senior Finance, Risk, and business leaders to drive model development priorities, provide insight into forecast outcomes, and secure stakeholder alignment on modeling approaches. • Serve as the senior point of accountability for regulatory engagement related to forecasting models, including model documentation, governance reviews, examinations, and presentations to regulatory authorities. • Define and drive the adoption of modeling standards, best practices, infrastructure requirements, and enabling technologies to strengthen forecasting capabilities and operational efficiency across the organization. • Lead a global organization of quantitative modeling professionals through multiple layers of management, with responsibility for talent development, organizational design, succession planning, and team performance. • Provide expert leadership through portfolio reviews, business assessments, peer reviews, and targeted remediation efforts, serving as a trusted advisor on forecasting and modeling matters across businesses and geographies. • Continuously evaluate model performance, identify emerging risks and opportunities, and ensure timely resolution of model limitations, performance concerns, and governance issues. • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards. Qualifications: • 15+ years experience • Highly motivated with attention to detail, team oriented, organized • Consistently demonstrates clear and concise written and verbal communication skills with the ability to articulate complex problems and solutions through concise and clear messaging • Ability to interact and communicate effectively with senior leaders Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders • Ability to influence and lead people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse businesses • Experience with and previous exposure to internal or external control functions and regulators (incl. the US) Ability to challenge business management and escalate issues when appropriate • Demonstrated track record of effectively assessing and managing competing priorities • Comfort navigating complex, highly matrixed organizations comfortable acting as an agent for positive change with agility and flexibility • Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. • Advanced presentation and relationship management skills are essential Subject matter expertise in area of focus • Experience developing, and managing developers of AI/ML forecasting methodologies Education: Advanced degree, preferably a Ph.D. or Masters in quantitative discipline such as Economics, Econometrics, Finance, Mathematics, Statistics, or an equivalent, with demonstrated experience and capabilities (such as published academic research) in advanced financial. ------------------------------------------------------ Job Family Group: Risk Management ------------------------------------------------------ Job Family: Model Development and Analytics ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Primary Location: New York New York United States ------------------------------------------------------ Primary Location Full Time Salary Range: $250,000.00 - $500,000.00 In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------ 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. ------------------------------------------------------ Anticipated Posting Close Date: ------------------------------------------------------ Automated Processing and AI We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details. Illinois residents – AI Notice and Right ------------------------------------------------------ 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.

Requirements

Must-haves

Lead the development, enhancement, implementation, and ongoing governance of Balance Sheet and P&L forecasting models across Citi's global product portfolios.
Establish and execute the strategic roadmap for FP&A model development, ensuring forecasting methodologies are robust, scalable, and aligned with business, financial, and regulatory objectives.
Ensure forecasting models, risk analytics, and validation frameworks effectively support scenario-based forecasting, including the development and evaluation of econometric assumptions and economic indicators.
Partner with senior Finance, Risk, and business leaders to drive model development priorities, provide insight into forecast outcomes, and secure stakeholder alignment on modeling approaches.
Serve as the senior point of accountability for regulatory engagement related to forecasting models, including model documentation, governance reviews, examinations, and presentations to regulatory authorities.
Define and drive the adoption of modeling standards, best practices, infrastructure requirements, and enabling technologies to strengthen forecasting capabilities and operational efficiency across the organization.
Lead a global organization of quantitative modeling professionals through multiple layers of management, with responsibility for talent development, organizational design, succession planning, and team performance.
Continuously evaluate model performance, identify emerging risks and opportunities, and ensure timely resolution of model limitations, performance concerns, and governance issues.
15+ years experience
Highly motivated with attention to detail, team oriented, organized
Consistently demonstrates clear and concise written and verbal communication skills with the ability to articulate complex problems and solutions through concise and clear messaging
Ability to interact and communicate effectively with senior leaders
Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders
Ability to influence and lead people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse businesses
Experience with and previous exposure to internal or external control functions and regulators (incl. the US) Ability to challenge business management and escalate issues when appropriate
Demonstrated track record of effectively assessing and managing competing priorities
Comfort navigating complex, highly matrixed organizations comfortable acting as an agent for positive change with agility and flexibility
Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views.
Advanced presentation and relationship management skills are essential Subject matter expertise in area of focus
Experience developing, and managing developers of AI/ML forecasting methodologies
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Risk Management ------------------------------------------------------
Model Development and Analytics ------------------------------------------------------
Full time ------------------------------------------------------

Nice-to-haves

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Benefits

Benefits detected in the listing.

Dental

Vision

401(K)

Paid Time Off

Wellness