{"schemaVersion":"jobsearcher.job.v1","id":"5ce24f9262ee3dfc444370dc","url":"https://jobsearcher.com/jobs/5ce24f9262ee3dfc444370dc","canonicalUrl":"https://jobsearcher.com/jobs/5ce24f9262ee3dfc444370dc","title":"Commodity Model Validator: Python, Risk & Validation (Hybrid)","description":"Model Risk Validator (Pricing Models) Apply (opens in new window) Job Req Id: 26972267\nLocation(s): Warsaw, Mazovia, Poland\nJob Type: Hybrid\nPosted: Jul. 01, 2026\nDiscover your future at Citi Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.\nJob Overview Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in advanced mathematics and statistics, along with problem solving and communication abilities, to Citi’s Commodity Model Validation Team.\nBy Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.\nTeam / Role Overview:\nThis position supports Model Risk Management with models focused on pricing commodity products, including exotic derivatives. The primary responsibilities are to validate and manage the risks of derivative-pricing models for trading and hedging. This position requires a sound background in stochastic calculus, probability theory, and numerical methods. Strong Python skills are a distinct advantage. The validation role aims to ensure an effective challenge to the model-development process. The specific responsibilities for this role are detailed below.\nThe successful candidate will have daily interaction with commodity quants. The team encourages members to be self-starters. This position is a unique opportunity to learn how models are developed and validated in an organization such as Citi, which has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.\nWhat you’ll do:\nManage model-related risks across the entire institution for commodities. Conduct independent validations, monitor model performance, and perform reviews to ensure models are sound and fit for purpose.\n\nTechnical Analysis & Challenge: You will use advanced mathematical and statistical techniques to critically evaluate and challenge the assumptions, formulas, and implementation of various financial models.\n\nHands-on Testing & Coding: You will design and execute effective tests to assess how models perform in both normal and stressed economic scenarios. This includes contributing to the team's Python-based codebase used for benchmarking and challenging front-office models.\n\nIndependent Model Replication: Part of the activity involves building independent replicas of business models to verify their accuracy and stability, providing a crucial second line of defence against model error.\n\nRisk Quantification & Mitigation: You will be responsible for identifying the limitations of models, quantifying the associated risks, and working with stakeholders to establish controls that lessen the impact of these limitations.\n\nStakeholder Collaboration: The role requires continuous collaboration with a wide range of internal parties, including model developers, trading desks, and senior management, to communicate validation findings and manage the model lifecycle.\n\nReporting & Communication: You will contribute to creating high-quality, detailed validation reports and assist in presenting these findings to both internal stakeholders and external regulatory agencies.\n\nWhat we’ll need from you:\nA minimum of a Bachelor's degree in Finance, Economics, or a quantitative discipline (statistics, quantitative finance, econometrics). A Master's degree is preferable.\n\n2+ years of relevant work experience.\n\nProficient in the Microsoft Office Suite, especially Excel, PowerPoint, and Word.\n\nProject management skills with the ability to deliver high-quality work on time.\n\nDerivative-pricing skills, including stochastic calculus and numerical techniques.\n\nExperience in mathematical modelling. Experience in model validation is a plus.\n\nExperience in the development and/or implementation of models used to price financial derivatives.\n\nStrong computational skills with experience in Python.\n\nFamiliar with compiling documents in LaTeX.\n\nExperience with collaborative development tools, such as Git would be a plus.\n\nStrong communication skills (speaking and writing) with the ability to find practical solutions to challenging problems.\n\nAn understanding of model risk and corresponding techniques for validation testing.\n\nExperience interacting with the front office (traders/quants), and in commodity markets would be a plus.\n\nWhat we can offer you :\nThis is a role that'll offer you the opportunity to build an in-depth knowledge of financial services operations. Every day there will be new business challenges that will help you develop new skills that can drive your career. This specific role will enable you to get an in depth understanding of commodity market and associated derivative models.\nBy joining Citi Solutions Centre Poland, you will not only be part of a business casual workplace with a hybrid working model (currently up to 2 days working at home per week), but also (potentially, subject to final offer) receive a competitive base salary and enjoy a whole host of additional benefits which can include:\nEmployer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program)\n\nEmployer paid Private Medical Care Package for employees and Private Medical Care Packages for certain family members available at preferential rates\n\nEmployer paid Life Insurance Program for employees and Life Insurance for certain family members available at preferential rates\n\nEmployee Assistance Program financed by Employer\n\nPaid Parental Leave Program (maternity and paternity leave; statutory and 2 weeks additional paid paternity leave)\n\nSport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates\n\nAdditional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events.\n\nAdditional day off for volunteering\n\nCafeteria/ flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform.\n\nOpportunity to receive an annual discretionary incentive award\n\nSpecial offers and discounts for employees.\n\nAlongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.\nSounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.\n#LI-KS7\n------------------------------------------------------\nJob Family Group: Risk Management ------------------------------------------------------\nJob Family: Model Validation ------------------------------------------------------\nTime Type: Full time ------------------------------------------------------\nPrimary Location Full Time Salary Range: zł165,020.00 - zł280,980.00 ------------------------------------------------------\nMost Relevant Skills Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle. ------------------------------------------------------\nOther Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------\nCiti 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.\nIf 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 ( opens in new window) .\n\nView Citi’s EEO Policy Statement ( opens in new window) and the Know Your Rights ( opens in new window) poster.\nApply (opens in new window)\n#J-18808-Ljbffr","company":"Citi","rawCompany":"citi","city":"New York","state":"NY","isRemote":false,"isActive":true,"createdAt":"2026-07-14T03:29:44.559Z","occupations":[{"code":"13-2099.01","title":"Financial Quantitative Analysts","slug":"financial-quantitative-analysts"},{"code":"13-2054.00","title":"Financial Risk Specialists","slug":"financial-risk-specialists"},{"code":"13-2051.00","title":"Financial and Investment Analysts","slug":"financial-and-investment-analysts"}],"industries":[{"code":"523940","title":"Portfolio Management and Investment Advice","slug":"portfolio-management-and-investment-advice"},{"code":"541690","title":"Other Scientific and Technical Consulting Services","slug":"other-scientific-and-technical-consulting-services"},{"code":"523160","title":"Commodity Contracts Intermediation","slug":"commodity-contracts-intermediation"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Commodity Model Validator: Python, Risk & Validation (Hybrid)","description":"Model Risk Validator (Pricing Models) Apply (opens in new window) Job Req Id: 26972267\nLocation(s): Warsaw, Mazovia, Poland\nJob Type: Hybrid\nPosted: Jul. 01, 2026\nDiscover your future at Citi Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.\nJob Overview Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in advanced mathematics and statistics, along with problem solving and communication abilities, to Citi’s Commodity Model Validation Team.\nBy Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.\nTeam / Role Overview:\nThis position supports Model Risk Management with models focused on pricing commodity products, including exotic derivatives. The primary responsibilities are to validate and manage the risks of derivative-pricing models for trading and hedging. This position requires a sound background in stochastic calculus, probability theory, and numerical methods. Strong Python skills are a distinct advantage. The validation role aims to ensure an effective challenge to the model-development process. The specific responsibilities for this role are detailed below.\nThe successful candidate will have daily interaction with commodity quants. The team encourages members to be self-starters. This position is a unique opportunity to learn how models are developed and validated in an organization such as Citi, which has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.\nWhat you’ll do:\nManage model-related risks across the entire institution for commodities. Conduct independent validations, monitor model performance, and perform reviews to ensure models are sound and fit for purpose.\n\nTechnical Analysis & Challenge: You will use advanced mathematical and statistical techniques to critically evaluate and challenge the assumptions, formulas, and implementation of various financial models.\n\nHands-on Testing & Coding: You will design and execute effective tests to assess how models perform in both normal and stressed economic scenarios. This includes contributing to the team's Python-based codebase used for benchmarking and challenging front-office models.\n\nIndependent Model Replication: Part of the activity involves building independent replicas of business models to verify their accuracy and stability, providing a crucial second line of defence against model error.\n\nRisk Quantification & Mitigation: You will be responsible for identifying the limitations of models, quantifying the associated risks, and working with stakeholders to establish controls that lessen the impact of these limitations.\n\nStakeholder Collaboration: The role requires continuous collaboration with a wide range of internal parties, including model developers, trading desks, and senior management, to communicate validation findings and manage the model lifecycle.\n\nReporting & Communication: You will contribute to creating high-quality, detailed validation reports and assist in presenting these findings to both internal stakeholders and external regulatory agencies.\n\nWhat we’ll need from you:\nA minimum of a Bachelor's degree in Finance, Economics, or a quantitative discipline (statistics, quantitative finance, econometrics). A Master's degree is preferable.\n\n2+ years of relevant work experience.\n\nProficient in the Microsoft Office Suite, especially Excel, PowerPoint, and Word.\n\nProject management skills with the ability to deliver high-quality work on time.\n\nDerivative-pricing skills, including stochastic calculus and numerical techniques.\n\nExperience in mathematical modelling. Experience in model validation is a plus.\n\nExperience in the development and/or implementation of models used to price financial derivatives.\n\nStrong computational skills with experience in Python.\n\nFamiliar with compiling documents in LaTeX.\n\nExperience with collaborative development tools, such as Git would be a plus.\n\nStrong communication skills (speaking and writing) with the ability to find practical solutions to challenging problems.\n\nAn understanding of model risk and corresponding techniques for validation testing.\n\nExperience interacting with the front office (traders/quants), and in commodity markets would be a plus.\n\nWhat we can offer you :\nThis is a role that'll offer you the opportunity to build an in-depth knowledge of financial services operations. Every day there will be new business challenges that will help you develop new skills that can drive your career. This specific role will enable you to get an in depth understanding of commodity market and associated derivative models.\nBy joining Citi Solutions Centre Poland, you will not only be part of a business casual workplace with a hybrid working model (currently up to 2 days working at home per week), but also (potentially, subject to final offer) receive a competitive base salary and enjoy a whole host of additional benefits which can include:\nEmployer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program)\n\nEmployer paid Private Medical Care Package for employees and Private Medical Care Packages for certain family members available at preferential rates\n\nEmployer paid Life Insurance Program for employees and Life Insurance for certain family members available at preferential rates\n\nEmployee Assistance Program financed by Employer\n\nPaid Parental Leave Program (maternity and paternity leave; statutory and 2 weeks additional paid paternity leave)\n\nSport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates\n\nAdditional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events.\n\nAdditional day off for volunteering\n\nCafeteria/ flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform.\n\nOpportunity to receive an annual discretionary incentive award\n\nSpecial offers and discounts for employees.\n\nAlongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.\nSounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.\n#LI-KS7\n------------------------------------------------------\nJob Family Group: Risk Management ------------------------------------------------------\nJob Family: Model Validation ------------------------------------------------------\nTime Type: Full time ------------------------------------------------------\nPrimary Location Full Time Salary Range: zł165,020.00 - zł280,980.00 ------------------------------------------------------\nMost Relevant Skills Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle. ------------------------------------------------------\nOther Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------\nCiti 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.\nIf 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 ( opens in new window) .\n\nView Citi’s EEO Policy Statement ( opens in new window) and the Know Your Rights ( opens in new window) poster.\nApply (opens in new window)\n#J-18808-Ljbffr","datePosted":"2026-07-14T03:29:44.559Z","dateModified":"2026-07-14T03:29:44.559Z","hiringOrganization":{"@type":"Organization","name":"Citi","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"New York","addressRegion":"NY","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"5ce24f9262ee3dfc444370dc"},"url":"https://jobsearcher.com/jobs/5ce24f9262ee3dfc444370dc"}}