Overview:The individual will work in the Liquidity Coverage Team within the broader Liquidity Management (LM) team which is part of Citi’s Global Treasury Function. The LM team is responsible for establishing the framework for and interpreting regulation in conjunction with other stakeholders within and outside Citi’s Treasury function, providing liquidity oversight to Citi’s global entities, and to meet the company’s global needs both in normal market conditions as well as during periods of stress.The Liquidity Coverage Team:The Liquidity Coverage Team is the primary point of contact for many of liquidity deliverables per Citi’s liquidity Risk Policy and Procedures. The team manages and facilitates the implementation of Policy and Procedure requirements for liquidity deliverables across the firm with a focus on streamlining deliverables and standardization. The work of the team includes daily, monthly, quarterly and annual BAU liquidity deliverables as well as ad-hoc processes and improvement projects. One of the key aspects of this role will be working on the Citigroup Contingency Funding Plan (CFP). This would require the prospective candidate to have a strong working knowledge of CFPs, including liquidity/Market/CFP triggers and perform financial modelling to assist in the determination of a liquidity stress. This would require the candidate to have strong quantitative silks including advance excel.This is a truly global role and gives the individual a unique opportunity to gain exposure to Citi’s balance sheet and legal entities and to develop an understanding of how liquidity is managed across Citi.Key Responsibilities:
Contribute to the development to Citi’s CFP, including the calibration of EWIs and other related triggers
Design liquidity stress scenarios to facilitate tabletop exercises
Engage with a wide range of stakeholders including but not limited to Treasury, business functions, Liquidity Risk and Model Risk Managers to produce a robust CFP
Have the ability to present at senior level forums
Review Funding and Liquidity Plans and enhance templates
Understands the concept of trapped liquidity and participate in optimizing liquidity between international legal entities
Coordinate and consolidate global FX limit requests for internal stress tests
Coordinate and review US LCR HQLA test submissions
Coordinate horizontal liquidity reviews of legal entities and facilitates presentations to governance committees
Ensure timely submissions and approvals of all liquidity deliverables
Perform other duties and functions as assigned
Qualifications
10 plus years of experience working for a financial services organization
Solid working knowledge of liquidity concepts and metrics such as the US Liquidity Coverage Ratio (LCR) and US Net Stable Funding Ratio
Expert level in Excel and PowerPoint
Preferably a working knowledge of Citigroup Financial Systems (IFW / GENESIS / Etc.)
Excellent project management skills to tackle multiple deliverables and willingness to take ownership and execute on deliverables
Working knowledge of Tableau and SharePoint
Excellent written and oral communication including strong quantitative and presentation skills
Excellent knowledge of Balance Sheet and P&L
Education/Experience:A bachelor's degree in economics, finance, mathematics, accounting or related fields; potentially an advanced degreeJob Family Group:FinanceJob Family:Balance Sheet ManagementTime Type:Full timePrimary Location:Long Island City New York United StatesPrimary Location Full Time Salary Range:$176,720.00 - $265,080.00In 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.Anticipated Posting Close Date:Aug 15, 2024Citi 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 review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Citi is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
