Services RWA Capacity and Governance Manager, Lead Specialist – SVP
About The Position
Citi Services is one of Citi’s five interconnected businesses and at the heart of Citi’s global network. Citi Services includes Treasury & Trade Solutions (TTS) and Investor/Issuer Services. TTS provides an integrated suite of Liquidity, Payments and Trade/Working Capital solutions to multinational corporations, financial institutions, public sector organizations and increasingly mid-sized corporate clients. Investor/Issuer Services provides global institutional clients a wide range of solutions, including custody, fund services, execution services and issuer services. Capital optimization is a critical area for Citigroup and represents a significant challenge facing the financial services industry. As a firm, our ability to effectively lead in this area will be a significant determinant of our future competitiveness. It also helps satisfy a regulatory requirement for enhanced connection between strategic planning and capital planning. Balance Sheet and Capital Management (BSCM) is a specialized team responsible for ensuring effective and efficient use of Services’ balance sheet with the goal of improving return on capital measures. The team coordinates and collaborates closely with colleagues in Liquidity Management Services as well as Investor/Issuer Services. The Services RWA Capacity and Governance Manager, Lead Specialist – SVP provides vital support in managing Services’ RWA capacities and collaborate in designing a framework for optimal allocation of Services’ capital.
Requirements
- 8+ years relevant experience in the Financial Services Industry
- Comprehensive understanding of US regulatory capital rules for RWA calculation
- Familiarity with products offered by Services as well as Citi’s systems and data
- Strong analytical skills - ability to work with large data sets to identify issues and root cause
- Ability to manage multiple stakeholders, influence outcome, and drive objectives to delivery
- Excellent communication skills, oral and written, with the ability to converse with a wide variety of people across functions / seniority
- Highly organized, responsive, and proactive
Responsibilities
- Develop and roll out a robust methodology for Services’ capital allocation, though close collaboration with Senior Leadership, and establish a common set of metrics and governance to measure Services’ improvement in returns
- Influence capital planning process for Services’ products and communicate insights to Senior Leadership
- Review Services’ weekly and monthly RWA, monitor ongoing data quality reporting, deep-dive into breach drivers, and provide inputs to Finance Capital Controllers
- Prepare timely insights for Services Leadership that provides insight into drivers of variance and potential areas for optimization, helping to influence actions and outcomes
- Progress RWA accuracy, completeness and compliance.
- Champion the remediation of RWA Issues impacting the business, working with Finance, Risk Management, Technology, and other business areas as required
- Provide strategic analyses and reporting initiatives to align client-level strategy within Services product lines and ensure eligible assets are being used as efficiently as possible
- Represent the business in RWA-related discussions with 1st, 2nd, and 3rd lines of defense review functions, serving as business contact for COBRA/IA reviews
Benefits
- medical, dental & vision coverage
- 401(k)
- life, accident, and disability insurance
- wellness programs
- paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
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What This Job Offers
Job Type
Full-time
Career Level
Senior
