Job Details
Responsibilities:
Role Introduction / Overview:
The successful candidate will:
- Develop/enhance and execute Citi's Asset Liability Management (ALM)/Interest Rate Risk in the Banking Book (IRRBB) Management framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
- Be a key participant in Citi’s interest rate risk management process and contribute to its balance sheet strategy
Business / Team Overview:
- The Interest Rate Risk Management team is responsible for developing, maintaining and enhancing Citi’s interest rate risk management framework and process
- Contributor to Citi’s interest rate hedging and positioning strategy
Some of the key responsibilities in the role:
- Enhance and strengthen the overall framework and governance of IRRBB
- Drive enhancements to Citi's IRRBB framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
- Contribute to interest rate risk management (hedging and positioning) strategy and process
- Provide day-to-day management and mentorship to relatively junior analysts
- Own several IRRBB related analysis and reporting required for enterprise risk management, compliance and audit exercises
- Make presentations to regulators, senior management and Interest Rate Risk Committee
- Enhance alignment between IRRBB and Fund Transfer Pricing (FTP) methodologies with the objective of minimizing residual interest rate risk in the businesses
Development Value:
- Gain exposure to balance sheet and interest rate risk management at a leading global bank
- The role provides an opportunity to influence and shape Citi’s target/future state interest rate risk management framework as it undergoes extensive enhancements
Qualifications:
- 10+ years' experience in Financial Services, Treasury
- Excellent analytical and problem-solving ability
- Ability to succinctly articulate data insights using business intelligence and data visualization techniques
- Excellent Excel and PowerPoint skills for report building and presentations used to influence
- Deep subject matter expertise in developing/enhancing and executing an ALM/IRRBB management framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
- Strong understanding of regulatory, compliance, risk management and financial management, and data governance concerns
- Strong understanding of Bank ALM, Capital, and Liquidity considerations
- Experience in stakeholder management to achieve a complex rollout across many functions, time zones, systems
- Demonstrated ability to collaboratively solution complex and dynamic processes
- Willingness to work / thrive in a pressured and ambiguous environment with tight deadlines
- Demonstrated experience in management framework development
- Excellent oral and written communications skills; Previous experience interacting and working with Executive Leaders
- Demonstrates a sense of urgency, passion for results and personal accountability for achievement
Education:
- Minimum Bachelor’s degree in Finance, Accounting or related field; Masters or additional qualifications preferred
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Finance Risk------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Business Acumen, Data Analysis, Financial Modeling, Internal Controls, Management Reporting, Market Risk, Problem Solving, Process Execution, Risk Identification and Assessment.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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