Job Information
Citigroup Director Financial Solutions Sr Group Manager in Queens, New York
This Director role will manage the FRTB CVA RWA team focusing on both Citigroup, and other key entities in EMEA and Asia. The incumbent will be a strong subject matter expert, and will have prior experience in managing a 5-10 member team spread across multiple geographies. This is a leadership positions with considerable influence on Citi's overall FRTB strategy and implementation, and the successful candidate will have the ability to forge consensus amongst multiple key stakeholders, and collectively drive prioritization. In addition, a keen focus on controls, governance, and understanding regulatory expectations will also be essential.
Responsibilities:
Ensure overall accuracy and rule compliance of Citi’s FRTB CVA implementation across multiple jurisdictions
Work with Front Office, Risk Managers, and Technology to draft requirements, identify solutions to remediate issues, and validate technology implementations
Responsible for project management of the FRTB BA CVA implementation
Guide team to analyze FRTB CVA RWA results and identify key drivers
Partner with interpretive, 2LOD, and Audit teams to support internal governance of FRTB CVA implementation
Work with internal partners to design robust end-to-end controls and operating model
Key contributor in regulatory discussions and exams, including supporting written responses and meeting presentations
Qualifications:
10+ years of experience in XVA Risk/Market Risk/Counterparty Risk management, or related model development/quantitative analytics roles
Prior experience with trading book RWA calculation or management required
Experience in directly interacting with the FRB & OCC on Risk/RWA matters; Experience in similar interactions with the PRA and ECB a plus
Knowledge of FRTB rules strongly desired
Strong understanding of the operating model and roles and responsibilities associated with each of the three lines of defense
Prior involvement in FRTB related industry discussions or advocacy forums hosted by Industry Trade Associations or Consulting Firms a plus
Education:
- Bachelor’s degree in quantitative fields required; Advanced degree/MBA strongly preferred
Job Family Group:
Finance
Job Family:
Fin Solutions Dsgn & Implement
Time Type:
Full time
Primary Location:
Long Island City New York United States
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
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.
Anticipated Posting Close Date:
Sep 30, 2024
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.