Balance Sheet Mgmt Sr. Grp Mgr - C15/ Director- NEW YORK

The Balance Sheet Mgmt Sr. Grp Mgr manages multiple teams through other managers. In-depth understanding of how own sub-function contributes to achieving the objectives of the function. A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. 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 in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an intergral member of the functional leadership team within a country/site location, job family, or line of business.

Responsibilities:

• Contributes to the governance of funding, investing and analytics of the balance sheet. This includes
• Participates in managing liquidity and interest rate risk, the capital/legal entity structure and capital planning as well as managing rating agency relationships.
• Involved in capital markets activities including commercial paper and securitization; liquidity, accrual risk oversight and transfer pricing.
• Leads firm wide liquidity risk policy and standards, establishing the framework for sizing liquidity requirements including internal stress testing framework, developing contingency funding plans in conjunction with other stakeholders, providing liquidity oversight to Citi’s global entities, and ensuring that Citi maintains adequate liquidity appropriately positioned to meet the company’s global needs both in normal market conditions as well as during periods of stress.
• May manage and direct larger teams via the oversight of Direct Reports. Part of a team which actively manages the balance sheet by ensuring adherence to established targets in order to achieve liquidity, balance sheet and capital return metrics.
• Engages in the establishment and monitoring of liquidity, interest rate risk and balance sheet limits.
• Liaises with businesses to ensure both an understanding and the ability to manage those limits in a well-governed environment which allows for business growth.
• Interacts with regulators, senior management and ALCO committees.
• Conducts CCAR, CLAR, Resolution Planning and transfer pricing is also required.
• Performs other duties and functions as assigned.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
• In situations where this role is the designated Legal Entity Treasurer, their responsibility towards the legal entity additionally includes:
• Managing liquidity risk for the entity, monitoring liquidity metrics including limits and triggers, and ensuring compliance with the risk appetite
• Preparing the relevant legal entity’s annual forecasted balance sheet and developing legal entity funding plan and contingency funding plan in accordance with the firm-wide Funding and Liquidity Forecasting Process
• Managing the Assets and Liabilities Governance Committee for the legal entity.

Qualifications:

• 15 plus years of experience within financial services
• Solid understanding of financial products on a bank's balance sheet
• Established effective leadership and management skills with ability to build relationships
• Clear concise communication skills, both oral and written
• Excellent analytical and problem solving ability
• Solid understanding of the Treasury function within a bank
• Ability to multi-task and ability to work under pressure

Education:

• Bachelors degree, potentially Masters degree and managerial experience

Specific Responsibilities for this role include:

Contribute to BSM's management process by providing key innovative and advanced analytical insights, supporting BSM functions including IRRBB, Non-trading Market Risk, Capital Attribution, and FTP. Provide thought leadership and subject matter expertise for enhancing BSM’s analytics and methodologies, modeling approaches, reporting, data and systems infrastructure. 

Liaise with businesses, legal entity treasury, Business Treasury, CTI, Markets Treasury, modeling teams, and other Finance functions to ensure key business use cases are supported with advanced analytical and Quantitative insights, and modeling insights where necessary, supporting BSM-wide functions, including IRRBB, NTMR, Capital attribution, and FTP.

Manage prototyping and development of advanced (industry leading) quantitative analytics, proof of concepts, forecasting tools, development of near-production ready toolsets, and supporting modeling  and model development use cases for BSM.  the role requires understanding of how to approach implementing new innovations and analytics and their influence on the business and interaction with other functions or businesses.

Interact with senior management and governance committees. Provide subject matter expertise to translate advanced and industry leading analytics (across optimization techniques, machine learning, and AI) into actionable business and management use cases across BSM.

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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