Treasury ALM – Vice President

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Job Overview

The BSM NTMR Snr Ld analyst will drive the production needs and lead various workstreams to develop, enhance, measure, and monitor 1st line Non-Trading Market Risk framework including Governance and Oversight, Metrics, Methodology, Measurement, Data and Infrastructure, Process and Controls and Management for IRRBB/ Commodity/ Equity/CSRBB (credit spread in the banking book) Framework, FXRBB (FX risk in the banking book), stress testing analytics relating to CCAR and QMMF for Citi’s global Pensions, and AFS/HTM securities, and asset allocation design. 

This role will report to a senior manager and function as an integral member of the functional leadership team. The BSM NTMR Group Manager exhibits in-depth understanding of bank balance sheet management and optimization, balancing financial resources among different competing priorities and how Non-Traded Market Risk such as IRRBB, FXRBB, Commodity/Equity/CSRBB risk and OCI capital at risk and allocation of cash into debt investment securities contribute to achieving Corporate Treasury’s balance sheet optimization objectives and Citi’s strategic goals. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required to drive change internally, often at a senior level. role is responsible for aiding the Business Head and senior leaders in executing functional strategy in the designed area in partnership with other finance functions, businesses and risk management.

Responsibilities:

• Offer team support to the implementation of and contribute to BSM’s process by providing key analytical insights across BSM functions with a primary focus on Interest Rate risk in the Banking book (IRRBB) risk. Provide leadership, market experience, and subject matter expertise for enhancing BSM’s analytics and methodologies and establishing Citi's first-line NTMR IRRBB management framework (Policy/Standard/Procedures, models, methodologies, reporting, controls, processes, analytics, data and documentation). Be able to build meaningful presentations to display data accurately and timely, used to influence leadership decisioning and often displayed to senior leadership and department heads.
• Use subject matter expertise to aid senior leaders in aligning governance and management framework, procedures and controls for all legal entities that have NTMR/ IRRBB risk. Liaise with businesses, legal entity treasury, CTI and Markets Treasury, and Controllers teams to ensure both an understanding and the ability to manage other non-trading market risks.
• Assist Manager with remediation gap efforts in IRRBB area as required by regulations and help to remediate regulatory/audit self-identified issues concerning non-trading market risks in the banking book and achieve target state framework. Interact with 2nd line FinCRO function, regulators, senior management and Non-Traded Market Risk governance committees.
• Aid Business Head and senior leadership to develop, manage, and retain talent with moderate leadership experience demonstrated through empowerment, situational awareness, increasing transparency and conflict resolution on large-scale programs and data transformation.
• The position will require both individual analytical work as well as partnership across teams to identify solutions to business inquiries in a timely manner and own the implementation / execution steps to autonomously drive open issues to completion.
• Directs project prioritization, platform direction, and future state planning and strategic direction.

Qualifications:

• 6-10 years experience in Financial Services, Treasury, and bank global liquidity investment portfolio
• Excellent Excel and PowerPoint skills for report building and presentations
• Deep subject matter expertise in debt investment securities and non-trading market risk including IRRBB etc.
• Intermediate understanding of Bank ALM, Capital, and Liquidity considerations
• Intermediate experience in debt investment securities analytics, measurement, metrics and methodologies
• Demonstrated ability to collaboratively solution complex and dynamic processes
• Proven ability to work under pressure in ambiguous environments
• Excellent oral and written communications skills; Previous experience interacting and working with Executive Leaders
• Effective interpersonal skills
• Strong technical problem-solving skills
• Demonstrates a sense of urgency, passion for results and personal accountability for achievement

Education:

• Bachelor’s degree in Finance and Business or related fields; advanced degree is a plus.