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Treasury Capital Planning Spot RWA Cross Asset Aggregation Lead - SVP

Company: Citi
Location: Holiday
Posted on: January 27, 2023

Job Description:

Join Capital Planning Spot Risk Weighted Assets (RWA) Integrity team within Citi Treasury organization. Treasury Capital Planning (CP) team ensures that Citi has a robust, sustainable, and Spot and Forward-looking capital process. The Spot RWA Integrity team is responsible for ensuring RWA is appropriately identified, calculated and reported adequately taking into account the Bank's size, complexity, and overall risk profile. - Further, the RWA Integrity team provides sole focus on the controls and governance of the Spot RWA production process. - -The senior level role will be part of the RWA Cross Asset Aggregation team and accountable for accountable to bring together all of Credit, Market and Operational Risk RWA components in a consolidated manner for regulatory and management reporting. - The role is responsible for Citigroup and CBNA level RWA analysis for Advanced and Standardized approaches. -This includes - (i) performing the computational methodologies used to determine RWAs, including any assumptions, interpretations and/or models used to make those determinations, (ii) ensuring the accurate implementation of those methodologies and controls within Citi's infrastructure and processes, (iii) ensuring models are fit for Basel purpose, have been validated and accurately implemented, (iv) articulating Business and Functional requirements including performing end to end diagnostic assessment for remediation of regulatory capital issues. - - - - -The position will report to Head of RWA Cross Asset Aggregation Lead who is responsible for ensuring RWA & Supplementary Leverage Exposure (SLE) is appropriately identified, calculated and reported with robust governance, transparency and controls, and adequately taking into account the Bank's size, complexity, and overall risk profile.This role provides extensive exposure to colleagues across risk, finance, technology, and line of business functions and provide high visibility to Finance, Business and Risk Seniors. -Excellent interpersonal and story-telling skills are required given the high level of interaction with senior managers, as well as the ability to work under pressure to meet tight deadlines. Technical skill is important to the candidate's success, and so are strong project management and multi-tasking skills to plan and manage deliverables towards a number of objectives.The role requires strong analytical, interpersonal and leadership skills that rely on influence and building effective partnerships to ensure Basel regulatory compliance in a systematic, measurable, and effective way.The RWA Cross Asset Aggregation Senior Lead will be responsible for

  • Working across risk stripes (that is, Credit, Market and Operational Risk RWAs) and collaborating with cross functional teams such as Finance, Risk Management, Line of Business (LOB), Shared Services and other stakeholders TO consolidate RWA for Citigroup and Citibank North America (CBNA) regulatory capital reporting
  • Ensure RWA calculations and Reporting process, Governance and Controls Framework is well-defined, transparent, and documented in a comprehensive manner
  • Define, develop, and establish robust controls for the RWA cross asset aggregation processes that can effectively demonstrate Basel regulatory capital reporting is transparent, comprehensively documented and less reliant on manual processes
  • Provide oversight to Shared Services teams that performs RWA consolidation across risk stripes
  • Define, develop, and implement RWA analytics for Senior review across all three lines of defense
  • Develop senior management-ready materials and update Seniors in Lines of Businesses, Senior Governance Group, Independent Risk Management, Finance and Regulators on the implementation progress on a periodic basis. - Escalate issues in a timely manner
  • Provide thought leadership and requirements for analytics and techniques using Artificial Intelligence and Machine Learning tools that enhances further transparency to the overall RWA calculations and reporting process -
  • Provide appropriately conservative solutions from a Regulatory Compliance perspective, in partnership with Business, Risk, and Finance teams - Qualifications:
    • A good understanding of US regulatory capital rules across all risk stripes with demonstrated ability to assess the application of those rules vs. regulatory expectations
    • Excellent project management and organizational skills and capability to manage multiple initiatives simultaneously
    • Strong understanding of regulatory capital best practices and controls, and interdependencies across different risk stripes
    • Prior experience in Capital Planning processes and best practices in large financial institutions preferred
    • Exceptional oral communication and writing skills, with ability to synthesize complex concepts, and translate into "user-friendly" language for multiple audiences, including senior management, multiple internal constituents and regulators
    • Experience in identifying and managing risks holistically, covering areas such as systems, data, models, regulatory requirements, governance, and analytics.
    • Ability to manage multiple priorities and tasks, work well as part of a team, and strong people and influencing skills
    • Strong analytical skills, attention to detail, willingness to "roll up sleeves" and produce a polished, high quality, accurate product; tireless work ethic with ability to work well under pressure
    • Solid Microsoft Excel skills and the ability to develop advanced knowledge of MS Excel and Access (or other database front-end query applications).
    • Minimum 10 years' experience in related field
    • This job description provides a high-level overview of the types of work performed. - Other job-related duties may be assigned as required.Education Level: -Bachelor's Degree in Science, Technology, Engineering and Mathematics (STEM). - Master's Degree preferred. - Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.Primary Location: -NAM-US-NY-New YorkSecondary Location: NAM-US-Florida-TampaJob Category: - RWA Integrity Team, FinanceSalary Grade: -C14-------------------------------------------------Job Family Group: Finance-------------------------------------------------Job Family:Fin Solutions Dsgn & Implement------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Tampa Florida United States------------------------------------------------------Primary Location Salary Range:$136,700.00 - $205,050.00------------------------------------------------------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.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting-----------------------------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.

Keywords: Citi, Clearwater , Treasury Capital Planning Spot RWA Cross Asset Aggregation Lead - SVP, Accounting, Auditing , Holiday, Florida

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