Vacancy expired!
Senior Vice President, Interest Rate Risk in the Banking Book, Business Support and Analysis TeamTeam:The individual will work in Interest Rate Risk (IRR) team within Citi’s Corporate Treasury. The IRR team is responsible for measuring, reporting and managing Interest Rate Risk in the Banking Book across the firm. IRR partners with businesses and functions across the firm to establish and implement comprehensive Interest Rate Risk metrics to enable the measurement and management of the IRR across Citi. Interest Rate Risk in the Banking Book exists in balance sheets across Citi and the IRR team covers the global Citi balance sheet.The Business Support and Analysis Team works with Treasurers to understand the IRR in the Business and ensure that IRR is managed appropriately across Citi. The Business Support and Analysis Team works with both Treasury businesses and customer businesses to understand the IRR including – Gap and Curve Risk, Basis Risk and Optionality Risk in the Banking Book. The Analysis team will prepare and analyze trends in IRR metrics for Citigroup and CBNA. The team will provide analysis on how the numbers are likely to change in the expected interest rate environment and extend support to CTI and Business Treasury to manage their exposure.Key Objectives:In this role, the individual will be responsible for:
Liaise with RTU treasurers and businesses for measuring, analyzing and reporting firm-wide IRR metrics
Identify and analyze drivers for change in IRR and EVS metrics
Adherence to all US regulatory requirements related to IRR
Quantify sensitivity of metrics to expected rate movements and perform stress testing using variety of corporate level scenarios and BSSTs
Review of RTU structure and RTU material/non-material classification
Ensure that Option Risk, Basis Risk and Concentration Risk are adequately identified, monitored and reported
Provide analytical support and adequate governance to ensure that necessary risk appetite limits are approved and set up for all RTUs
Prepare analysis and track progress on regulatory deliverables and enhancements to IRR management process and controls
Support team in preparation of Board-level and senior management reporting and communication on IRR issues and topics
Work with businesses to ensure that appropriate transfer pricing tickets are set up and feed through correctly to other systems Qualifications:
A bachelor degree in finance, economics, accounting, or related fields; Advanced degree preferred
Minimum 8-10 years of experience in financial services/banking, preferably Treasury or Market Risk
Strong technology, data analysis and quantitative skills, with attention to detail
Willingness to take ownership and execute on deliverables.
Team player with an ability to work well with others in a fast-paced, high-energy environment. Specialized Skills:
Understanding of Interest Rate Risk in the Banking Book and Banking balance sheet products Development Opportunities:
Unique opportunity to gain exposure to entirety of Citi’s Interest Rate Risk Management strategy, process and regulatory reporting
Become a subject matter expert in Interest Rate Risk in the Banking Book
Develop a toolkit of quantitative and qualitative skillsets that would enable the individual to become an experienced Treasury professional.
Visibility and exposure to senior management and thought leadership
Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - USTime Type :Full timeCiti is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.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 CLICK HERE at https://www.citigroup.com/citi/accessibility.html .To view the "EEO is the Law" poster CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf . To view the EEO is the Law Supplement CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf .To view the EEO Policy Statement CLICK HERE at http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf .To view the Pay Transparency Posting CLICK HERE at https://www.dol.gov/ofccp/pdf/pay-transpunformattedESQA508c.pdf .Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
