VP - Capital and RWA Oversight
Finance Chief Risk Office (Finance CRO) organization is responsible for second-line oversight of regulatory capital management, including measurement of spot regulatory capital and Risk-Weighted Assets (RWA). This role is within Finance CRO - Capital and RWA Actuals Review Team (“CRRT”) whose mandate is to perform independent testing and monitoring of the end-to-end verification of calculation and regulatory reporting related to spot capital, RWA and supplementary leverage ratio to comply with Basel Rules and applicable guidance for Citigroup, Inc. and Citibank, N.A.
Finance CRO - CRRT is a global team with presence in New York, Texas and Mumbai. The team members in each location work together across different review areas through the course of the year. This is a role that will provide in-depth Basel experience and significant exposure to senior management.
Reporting StructureandResponsibilities -
Vice President, Capital and RWA Oversight will be responsible for:
- Performing reviews in line with Finance CRO – Capital and RWA Actuals Review Team (Finance CRO – CRRT) annual review plans
- Communicating proactively testing progress and exceptions with Finance CRO - CRRT management
- Supporting the implementation of changes necessary to enhance the second line of defense oversight of Citi’s RWA production process in connection with Citi’s ongoing transformation efforts and to satisfy evolving regulatory developments, including Basel 3 Endgame initiatives
- Developing a strong working relationship with Capital Controllers Group process owners, including the Quality Assurance team and other key stakeholders across the end-to-end capital and RWA production processes.
Qualifications
- Strong communication skills, including well-developed verbal, written and presentation skills.
- Strong analytical skills and ability to review and comprehend large sets of data
- Strong attention to detail with proven ability to explain complex concepts in simple terms
- Previous experience in Basel Regulatory Capital Controllers, Regulatory Capital Reporting (e.g., FFIEC 101, FR Y-9C etc.) or Basel Regulatory Capital Audit functions is preferred
- Understanding of Basel RWA regulations is a preferred
- Good to have understanding of upcoming changes in Basel 3 Endgame
- Minimum 7 years of proven experience in the financial services industry or experience in a comparable role
- Strong audit instincts and ability to apply independent judgment to business practices, with a proven ability and willingness to challenge the status quo
- A self-starter with ability to independently manage work and drive multiple deliverables concurrently
- An undergraduate degree is required
- MBA, CA or CFA is preferred
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Regulatory Risk------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Irving Texas United States------------------------------------------------------
Primary Location Full Time Salary Range:
$125,760.00 - $188,640.00
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.
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Anticipated Posting Close Date:
Oct 14, 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.
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