Citibank
Balance Sheet Management, Head of Balance Sheet Analytics - Managing Director C1
Citibank, New York, New York, us, 10261
Balance Sheet Management and Non-Trading Market Risk(“BSM”) FunctionThe BSM function is a division of circa 200 professionals within Treasury and is part of Citigroup’s broader Finance organization. BSM’s specific responsibilities cover the following:First Line Non-Trading Market Risk Management:
analyzes, measures and defines management frameworks and policies for non-trading interest rate, foreign exchange, equity, credit spread and commodity risks.Funds Transfer Pricing (FTP):
establishes and oversees the policies under which business assets and liabilities are transfer priced based on interest rates and liquidity values; executes firm-wide transfer pricing processes; and ensures retained costs and balance sheet in Treasury are minimal through an effective attribution processCapital Attribution:
Designs and implements the methodologies for attributing capital usage to businesses.Balance Sheet Analytics : Designs and developsmodels, analytics, and business information platforms for BSM and across the wider Treasury team, with a particular focus on Asset and Liability Management (ALM) and deposit analytics.Methodology and Policy Development:
Leads cross functional workstreams to design, enhance, and evolve frameworks and methodologies.Asset Allocation: Designs and manages Treasury’s security portfolio allocation process across Citi’s $400bn+ global non-trading securities portfolios.Head of Balance Sheet Analytics RoleThis role directly reports to the Head of BSM. The successful candidate will partner across the function to develop sophisticated balance sheet analytics and modelling to support management decision making. The Lead Group Manager is a strategic professional who closely follows latest developments in Asset Liability Management, balance sheet modelling, large language models, machine learning and business intelligence tools. Excellent communication and influencing skills are required to advocate and negotiate internally, often at the Executive Management Team level.
Primary responsibilities include leading a circa 60 person team to:Design and development of interest rate risk on the banking book (IRRBB) modelling / analytics, with a strong focus on modelling customer behavior across the rate cycleDevelop enhanced analytics to support business, legal vehicle attestations to IRRBB metric resultsDevelop tools to analyze variability and variance of IRRBB measurements, with the goal of rapidly identifying model drift vs actual behavior, and ensuring timely escalation and remediationEnhance materials supporting senior management discussions on IRRBB resultsDevelop advanced tools to rapidly identify evolving balance sheet behaviorEnhance analytics supporting FTP decision making, including analysis of both historical and potential scenario performanceDevelop integrated financial resource projection and optimization toolsMeet all model risk management governance requirementsKey skills:Excellent communication and executive presence with the ability to quickly adjust message based on audiences and agendas and to communicate complex issues clearlyEffective at drawing out consensus across multiple different stakeholdersDelivers complex strategic initiatives and remediation plans on a timely basisAttracts and develops strong talent across all levelsProvides analytical thought leadership to resolve complex issuesInfluences across multiple functions without direct authorityWorks well with others in a fast-paced, high-energy environmentDynamic self-starter with high degree of initiativeQualifications:Bachelor’s degree in Finance, Engineering, Science, Mathematics, or related fields; advanced degree is a plus.15+ years experience in Financial Services, Treasury, and transformational programs with managerial experience requiredExtensive experience in Asset Liability Management, deposit modelling and machine learningExperience in managing complex end-to-end projects (business requirements, data capture, model design, technology development, validation, implementation, and use)Proven ability to lead and direct analytical teamsDemonstrated ability to collaboratively solution complex and dynamic processesProven ability to work under pressure in ambiguous environments------------------------------------------------------Job Family Group:Finance
------------------------------------------------------Job Family:Balance Sheet Management
------------------------------------------------------Time Type:Full time
------------------------------------------------------Primary Location:New York New York United States
------------------------------------------------------Primary Location Full Time Salary Range:$250,000.00 - $500,000.00In 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:Nov 04, 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 review
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analyzes, measures and defines management frameworks and policies for non-trading interest rate, foreign exchange, equity, credit spread and commodity risks.Funds Transfer Pricing (FTP):
establishes and oversees the policies under which business assets and liabilities are transfer priced based on interest rates and liquidity values; executes firm-wide transfer pricing processes; and ensures retained costs and balance sheet in Treasury are minimal through an effective attribution processCapital Attribution:
Designs and implements the methodologies for attributing capital usage to businesses.Balance Sheet Analytics : Designs and developsmodels, analytics, and business information platforms for BSM and across the wider Treasury team, with a particular focus on Asset and Liability Management (ALM) and deposit analytics.Methodology and Policy Development:
Leads cross functional workstreams to design, enhance, and evolve frameworks and methodologies.Asset Allocation: Designs and manages Treasury’s security portfolio allocation process across Citi’s $400bn+ global non-trading securities portfolios.Head of Balance Sheet Analytics RoleThis role directly reports to the Head of BSM. The successful candidate will partner across the function to develop sophisticated balance sheet analytics and modelling to support management decision making. The Lead Group Manager is a strategic professional who closely follows latest developments in Asset Liability Management, balance sheet modelling, large language models, machine learning and business intelligence tools. Excellent communication and influencing skills are required to advocate and negotiate internally, often at the Executive Management Team level.
Primary responsibilities include leading a circa 60 person team to:Design and development of interest rate risk on the banking book (IRRBB) modelling / analytics, with a strong focus on modelling customer behavior across the rate cycleDevelop enhanced analytics to support business, legal vehicle attestations to IRRBB metric resultsDevelop tools to analyze variability and variance of IRRBB measurements, with the goal of rapidly identifying model drift vs actual behavior, and ensuring timely escalation and remediationEnhance materials supporting senior management discussions on IRRBB resultsDevelop advanced tools to rapidly identify evolving balance sheet behaviorEnhance analytics supporting FTP decision making, including analysis of both historical and potential scenario performanceDevelop integrated financial resource projection and optimization toolsMeet all model risk management governance requirementsKey skills:Excellent communication and executive presence with the ability to quickly adjust message based on audiences and agendas and to communicate complex issues clearlyEffective at drawing out consensus across multiple different stakeholdersDelivers complex strategic initiatives and remediation plans on a timely basisAttracts and develops strong talent across all levelsProvides analytical thought leadership to resolve complex issuesInfluences across multiple functions without direct authorityWorks well with others in a fast-paced, high-energy environmentDynamic self-starter with high degree of initiativeQualifications:Bachelor’s degree in Finance, Engineering, Science, Mathematics, or related fields; advanced degree is a plus.15+ years experience in Financial Services, Treasury, and transformational programs with managerial experience requiredExtensive experience in Asset Liability Management, deposit modelling and machine learningExperience in managing complex end-to-end projects (business requirements, data capture, model design, technology development, validation, implementation, and use)Proven ability to lead and direct analytical teamsDemonstrated ability to collaboratively solution complex and dynamic processesProven ability to work under pressure in ambiguous environments------------------------------------------------------Job Family Group:Finance
------------------------------------------------------Job Family:Balance Sheet Management
------------------------------------------------------Time Type:Full time
------------------------------------------------------Primary Location:New York New York United States
------------------------------------------------------Primary Location Full Time Salary Range:$250,000.00 - $500,000.00In 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:Nov 04, 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 review
Accessibility at Citi
.View the "
EEO is the Law
" poster. View the
EEO is the Law Supplement
.View the
EEO Policy Statement
.View the
Pay Transparency Posting
#J-18808-Ljbffr