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Capital Planning Quality Assurance; RWA Post Implementation Review; Lead Analyst- C13

Company: Citi
Location: Tarpon Springs
Posted on: January 19, 2023

Job Description:

The Capital Planning Quality Assurance team (CPQA), which is a part of Finance COO Quality Assurance, manages quality assurance across Capital Planning activities, by establishing relevant review procedures; attestation methodologies; development of compensating controls where necessary; and advocating for root-cause investigation and remediation of underlying issues (including data) at source.This role will support both the Head and Group Manager of RWA Post Implementation Review (PIR) by leading components of the firm-wide effort to design meaningful, sustainable solutions, to address relevant Weaknesses in the control environment currently present in Citi's capital planning processes. This role will be a key leader in the RWA QA function being built within the larger 1LoD team. The role will entail constructing new as well as enhancing existing processes to ensure that interpretative decisions regarding Basel Risk Weighted Assets rendered by the Regulatory Capital Policy Group (RCPG) within the Capital Planning team are properly on-boarded into the Citi systems to achieve the firm's desired capital results. This role will also analyze PIR results to make recommendations to management for improvements to the RWA production process, and coordinate with Capital Planning, Treasury and Finance Transformation Office leadership to ensure the discovered issues are appropriately prioritized and addressed. This role will play an integral part in executing the firm-wide, cross-functional plans necessary to close the gaps identified by the Consent Order and other relevant regulatory-focused deliverables over a multi-year timeframe. This is a highly strategic "build the bank" and "run the bank" role that will provide significant exposure to senior management and will partner extensively with colleagues across Finance/FRSS; the RWA workstreams; technology and data governance teams; 2nd line of defense functions including the Capital Planning Review Group; and front office business lines. Ability to work under pressure to meet tight deadlines and excellent interpersonal skills are required given the high level of interaction with senior managers, auditors, and regulators.Reporting Structure and ResponsibilitiesThis CPQA role will be responsible for:--- Developing and employing an "audit-style" approach to RWA quality assurance across exposure types, to provide the necessary transparency and predictability to the Spot RWA processes--- Supporting CPQA to "tell the story" as to how and why Citi can take confidence in its RWA processes and outputs, and how those processes can improve over time--- Delivering thought leadership and supporting the implementation of changes necessary to enhance Citi's RWA production processes and satisfy evolving regulatory developments, including criticisms articulated in the recent Consent Orders--- Enabling continuous improvement by partnering with workstream leads and senior stakeholders to proactively design solutions for identified weaknesses or gaps in compensating controls--- Developing a strong working relationship with process owners across the organization in support of their individual responsibilities and in support of creating a holistic framework in which the firm executes its collective capital planning responsibilities--- Interacting closely with members across the organization in multiple locations on a regular basisQualifications--- Strong background in public accounting or internal audit, with demonstrated understanding of substantive testing procedures and internal controls.--- Exceptional communication skills, including well-developed verbal, written and presentation skills. Must be able to quickly create concise, informative summaries for internal and external stakeholders that convey a well-developed "story" and advocate for a well-reasoned point of view.--- Strong analytical and creative skills necessary to craft persuasive, well-researched narratives for management consumption.--- Aptitude for translating strategy into execution in a complex and cross-functional organization.--- Strong attention to detail with proven ability to distil complex ideas into simple stories.--- Strong product knowledge, especially Derivatives, is preferred.--- Basel knowledge and understanding of the rules are preferred.--- Previous experience in Treasury or Controllers functions is preferred. --- Minimum 5 years of proven experience in driving results with a strong understanding of the financial services industry.--- Strong audit instincts and ability to apply independent judgment to historical business practices, with a proven ability and willingness to challenge the status quo.--- A self-starter with ability to independently manage work and drive multiple deliverables concurrently.--- Ability to gain consensus and agreement across disparate functions, products, and geographies.--- Must have ability to stay ahead in a constantly changing environment. Must be a change agent, ensuring others understand current direction.--- An undergraduate degree is required. An MBA, CPA or CFA is preferred.--- Advanced Microsoft Office skillsEducation:

  • Bachelors degree, potentially Masters degree - Job Family Group: Finance - Job Family:Fin Solutions Dsgn & Implement Time Type: Full time Primary Location: Tampa Florida United States Primary Location Salary Range: $110,090.00 - $165,130.00 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 , Capital Planning Quality Assurance; RWA Post Implementation Review; Lead Analyst- C13, Professions , Tarpon Springs, Florida

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