Overview:
The successful candidate will:
Possess experience building, enhancing and executing an 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)
Participate in Citi's interest rate risk management process and contribute to its balance sheet strategy
Contribute to enhancements to Citi's IRRBB framework
Team Overview:
The Interest Rate Risk Management team is responsible for developing, maintaining and enhancing Citi's interest rate risk management framework and process
Key contributor to Citi's interest rate hedging and positioning strategy
Responsibilities:
Enhance and strengthen the overall framework and governance of IRRBB
Engage country and business treasurers teams on optimizing IRRBB and FTP while complying with local regulatory requirements
Participate in projects to enhance Citi's IRRBB framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
Collaborate with Citi Treasury Investments and Markets Treasury on developing interest rate risk management (hedging and positioning) strategy
Produce IRRBB related analysis and reporting required for enterprise risk management, compliance and audit exercises
Contribute to 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:
6-10 years' experience within financial services preferably in a Bank's Corporate Treasury function
Experience building, enhancing and executing an ALM/IRRBB management framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
Strong communication skills, both oral and written
Excellent analytical and problem-solving ability
Ability to multi-task and ability to work under pressure
Bachelor's degree, preferably Master's degree
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Balance Sheet Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Long Island City New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$142,320.00 - $213,480.00
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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Anticipated Posting Close Date:
Aug 08, 2024------------------------------------------------------
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 reviewAccessibility at Citi.
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