11 days old

Treasury Balance Sheet Solutions and Optimization, Senior Group Manager

Citigroup
New York, NY 10176
Citi Treasury manages the capital, funding and liquidity of Citigroup legal entities; manages and provides corporate oversight of liquidity risk, interest rate risk and currency translation risk; and supports product, customer and geographic businesses with risk identification, risk management, product innovation and funding strategy. It is part of Citigroups broader Finance organization and includes:


Balance Sheet Management


+ Oversees asset-liability management (ALM) policies, firm-wide transfer pricing processes, and interest rate risk in the accrual businesses; and leads balance sheet analytics to drive resource allocations.

+ Manages Citi Treasurys securities portfolio strategy; and performs the review and challenge of securities stress testing results and associated models.

+ Leads the design, development, and implementation of the firms Funds Transfer Pricing system.

+ Leads cross functional working groups to design and evolve balance sheet costing frameworks and methodologies.

+ Proposes capital policy; designs methodologies for capital attribution to businesses; and leads the design of portfolio management analytical capabilities.


Within Balance Sheet Management, the Balance Sheet Costing Methodology team is responsible for leading a set of small teams who engage in large cross functional (i.e. across business, risk and finance) working groups tasked with leading the refinement in the design and methodologies of Citigroups Transfer Pricing, Liquidity Premium, and Capital Allocation frameworks. The team leads the development of these balance sheet costing methodologies and frameworks to incentive optimal use of Citis financial resources.


The teams workstreams are project based, covering all elements of funds transfer pricing and the linkages between the interest rate risk management, ALM, and capital management processes within Balance Sheet Management. The teams objective is to deliver new and improved components of costing the balance sheet that better isolate the value generated by individual business activities thereby appropriately incentivizing optimization thereof to generate excess returns. The successful candidate will join the Balance Sheet Costing (Methodology) team primarily to work collaboratively with various stakeholders in broader Interest Rate Risk Management functions to better integrate frameworks, processes, measurements and metrics, and systems from ALM and Interest Rate Risk Management into the overall FTP framework and various methodologies used in FTP and balance sheet costing processes. The candidate should have the ability to solve complex multi-driver problems, develop appropriate solutions and methods, as well as communicate complex problems effectively and simply to drive decision-making process. The candidate will support the broader team managing the FTP framework and methodological design, development, and specifications process, and help with the implementation of enhancements to Balance Sheet Costing, including developing and executing plans to enhance FTP. In addition, the candidate will assist on implementing, testing, and rollout of balance sheet costing enhancements and components within the centralized FTP system and IRR systems.


Key Responsibilities:


+ Work closely with Treasury colleagues in Funds Transfer Pricing methodology and execution workstreams to understand FTP methodology and enhancement requirements from Treasurys perspective

+ Work closely with Treasury, Finance, and Risk colleagues in broader interest rate risk management functions to enhance consistency across those functions and key FTP methodologies (including, but not limited to areas of deposit modeling, betas, core vs. volatile balances, stable vs. non-stable balances)

+ Work with colleagues in the businesses, Risk, and Controllers / Financial Reporting units to understand their view of FTP methodology and enhancement requirements

+ Synthesize FTP methodology and enhancement requirements into overall FTP frameworks and then into system requirements and communicate them to the Technology team tasked with delivering the software

+ Clearly articulate requirements on regulatory remediation as it relates to FTP development and enhancements, and coordinate with key stakeholders for the same

+ Lay out the system testing strategy for enhancements, taking into account feedback from Treasury, business, and technology partners

+ Produce high quality, senior management materials to clearly and concisely communicate framework enhancement proposals, system design proposals and their benefits / shortcomings, as well as project status

+ Communicate with senior business leaders to garner key stakeholder support

+ Work with key stakeholders to address regulatory remediation requirements.


Experience & Qualifications:


+ 10+ years of experience working in the finance industry

+ Minimum Bachelors degree in a quantitative-focused discipline from a top tier school; Masters or other relevant advanced qualification would be a plus

+ Extensive knowledge of financial instruments and products including an understanding of financial services industry, regulation, accounting, valuation techniques, and risk measurement

+ Expert in the use of Excel and PowerPoint; programming experience or skills a plus; Expertise with analytical tools for large data sets, such as Python, R, etc. preferable.

+ Strong problem solving and quantitative skills with an ability to rapidly assimilate complex information across a variety of financial disciplines

+ Excellent communication skills, oral and written, with the ability to converse with a wide variety of people across functions / seniority

+ Strong Influencing skills with the ability to mediate discussions and draw consensus

+ Demonstrated ability to work effectively across business units / functions to deliver results

+ High energy, self-starter with a flexible and pragmatic attitude and a desire to show continued progress


Exceptional candidates who do not meet all of the criteria may be considered for the role.


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**Job Family Group:**


Finance

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**Job Family:**


Balance Sheet Management

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**Time Type:**


Full time

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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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Treasury Balance Sheet Solutions and Optimization, Senior Group Manager

Citigroup
New York, NY 10176

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