Financial Resource Management - ICG Strategic Projects - VP

Citigroup Inc. Tampa , FL 33602

Posted 3 months ago

Financial Resources Management

The management of capital, liquidity, collateral and balance sheet is a key area of focus for senior management, recognized as being among the most significant challenges currently faced by the banking sector. As a firm, our ability to effectively lead our businesses in these areas will be a significant determinant of our future competitiveness.

The ICG Financial Resource Management (FRM) team provides in-business leadership and subject matter expertise on capital, liquidity, tax and other financial resource management issues with a primary purpose of driving greater efficiency and flexibility of resource consumption. This broad mandate includes driving business strategy for financial resource management, advising senior management and clients on implications of regulatory change and strategic priorities, coordinating advocacy efforts, and leading and participating in cross-business and cross-functional working groups to deliver improved data, calculation and management processes related to capital, liquidity and tax.

To execute on this mandate, FRM operates with business partners in each of the major ICG business lines, Markets and Security Services (MSS); Trade and Transaction Services (TTS); Banking, Capital Markets and Advisory (BCMA); and Citi Private Bank (CPB). FRM works with business partners to set strategic priorities, establish and execute initiatives, and programmatically manage delivery through governance.

FRM Core Functions

The FRM team is organized into a number of groups, with core functions common across the groups

Strategy: Establish and drive business strategy with senior business leaders across the Institutional Clients Group, focusing on maximizing returns and driving financial resource efficiency

Analytics: Deep analytical understanding of current and upcoming internal and regulatory capital, liquidity and tax measures, and their implications on strategic business priorities, client activity and market practices.

Execution: Driving financial resource efficiency and risk management through hedging, structuring and other transaction execution, leveraging deep technical expertise and cross-divisional authority

Technology: The vision, design and execution of a comprehensive FRM technology work-slate aimed at providing visibility and insight to facilitate efficiency efforts across the financial resource continuum while ensuring alignment of technology solutions across capital, liquidity and tax management mandates

Planning: Forecast, measure, monitor and analyse the core financial resource metrics of the ICG. Operate as the business owner for the management and measurement of financial resources

Project Management: Operate as the business catalyst to drive the completion of core priorities and initiatives, such as the transition to new regulatory metrics or the remediation of significant financial resource impediments

FRM Subject Matter Expertise

A role in FRM provides a fast-paced and exciting learning environment where development of subject matter expertise is encouraged and the exchange of ideas is valued. Some of the significant areas of expertise include:

  • Basel capital and liquidity regulations (RWA, GSIB, LCR, etc.)

  • Counterparty credit risk management

  • Liquidity risk management

  • US and international tax law

  • Markets and Banking products and services

  • ICG support operations and technology systems architecture

  • Corporate governance practices

ICG Strategic Projects

In view of heightened expectations from regulators and to ensure a strong and consistent global control environment, Citi continues to enhance cross-divisional governance and program management. Driving completion of deliverables that are complex, highly time-sensitive and often closely inter-linked is of critical importance when developing efficiency around financial resources. Regulatory deadlines, complex calculations, and a broad spectrum of stakeholders require rigorous project management and the ability to synthesize large data sets into meaningful conclusions. In this role, you will be a part the Strategic Projects team, acting as a catalyst of project progress by communicating with stakeholders, developing analytics, and critically challenging strategy & tactics. You will be involved in the many diverse activities FRM engages in, to support the overall project portfolio and achieve the ICG strategy. The initial focus of this role will be remediation of regulatory capital control weaknesses primarily through enhanced governance and rigorous program management.

Key Competencies:

Partnership & Collaborative Success

  • Desire to partner with other stakeholders in the firm to drive objectives to delivery

  • Strong interpersonal skills to identify and resolve conflict to mitigate roadblocks

  • Ability to defend the team's interest and priorities, while putting the firm first

Acumen & Communication

  • Strong ability to manage, prioritize, and communicate within a team

  • High degree of self-advocacy, motivation, and development

  • Highest level of professionalism and business acumen

Creative Problem Solving

  • Ability to understand complex ideas and problems in a fast-paced environment

  • Ability to design data-driven technology solutions to create actionable information to answer business questions

  • Strong ability to identify, communicate, and advocate for solutions at both high and granular levels

  • Superior attention to detail, accuracy, and scope

  • Innovation mind set and intellectual curiosity

Technical Skills

  • Proficient in excel, tableau, SQL, and other data mining applications

  • High ability to develop an analysis, interpretation, and presentation

  • Able to learn new systems quick and maximize potential of available tools

Qualifications:

  • Bachelor's degree and significant qualifications in Finance, Accounting, Economics, Computer Science, Math, Financial Engineering, Physics or related field

  • 6+ years relevant experience in the Financial Services industry or data analytics

  • A demonstrated history of delivering on initiatives

  • Ability to coordinate processes and work as part of multiple teams across a firm

  • Proven analytical skills for developing data analysis and quantitative strategies

  • An ability to manage personal workload and agenda independently but in alignment with the priorities of the business unit

  • Ability to work under pressure in a highly professional Front Office environment

  • Familiarity with large scale data and querying ability is preferred

  • A foundational understanding of Basel III legislature

Additionally, the candidate should have an appetite to develop a detailed understanding of the following areas:

  • Regulations concerning capital, liquidity and balance sheet, and related technology infrastructure
  • ICG products and services
icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
ICG Counterparty Credit Risk Data Oversight And Governance Analyst Tampa VP

Citigroup Inc.

Posted 2 months ago

VIEW JOBS 10/25/2020 12:00:00 AM 2021-01-23T00:00 About Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities. Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all Position Objective: Citi is investing significant amount in its technology systems to improve risk measurements (Pre Settlement Exposure, Value at Risk (VaR), Collateral Risk Profile and other metrics) for all Market and Security Services (MSS) products. This role will be part of Risk Management and will be responsible for articulating Risk Management requirements for Counterparty Credit Risk technology infrastructure, comparing it with existing infrastructure and recommending changes to technology teams for improvements and overseeing overall program. Additionally, role will also work on identifying and remediating any data quality issues. Role will also be actively involved in managing regulatory deliverables. Key Responsibilities: * Work on projects related Pre Settlement Exposure (PSE) across ICG Risk in partnership with Credit Officers, Technology and other key stakeholders * Responsible for remediating technology projects associated with regulatory deliverables. * Work with technology to develop plans for consistent usage of data across various risk calculations (PSE, RWA, Stress Losses, VaR and others) * Partner with key members of Risk and Technology to develop a cohesive strategy * Compare usage of reference data and services across various risk calculations for consistency and improvements in risk calculations * Work with various issue owners to understand and articulate detailed aspects of open projects * Supporting the process of documenting, monitoring, and prioritizing key initiatives for Risk Developmental Value: * Develop deep understanding of all market products across ETDs, OTCs and SFTs * Develop deep understanding pf Counterparty Credit Risk * Develop a strong network with Risk Management and Technology leaders across the globe * Constructively impact efficiency and productivity of various ICG Risk units * Gain global view of the Risk Management Policies * Deepen understanding of day to day Risk Management * Interaction with senior management across many segments of the firm Qualifications: * 4+ year experience in either Risk Management, Technology or Program Management * Good understanding of Counterparty Credit Risk * Broad understanding of current regulatory environment as applicable to Counterparty Credit Risk * Broad understanding of various Markets and Securities Services products * Superior Communication and Influencing skills * Analytical individual with ability to model data and draw conclusions * Ability to manage multiple competing priorities with demonstrated experience in executing against tight deadlines and managing issue escalation * High level of personal integrity, proven dedication to excellence, leadership qualities and a flexible, creative, innovative personality Other Qualifications: * Bachelor's/Master's Degree, with distinguished academic achievement * Master's degree preferred Citigroup Inc. Tampa FL

Financial Resource Management - ICG Strategic Projects - VP

Citigroup Inc.