Finance Risk 1st Line Of Defence Lead Analyst, Vice President

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Finance Team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The individual will work in the Liquidity Management (LM) team within Citi’s Treasury Global Function. The team is responsible for establishing the framework for sizing liquidity requirements, including the internal stress testing framework and interpreting regulation in conjunction with other stakeholders within and outside Citi’s Treasury function, providing liquidity oversight to Citi’s global entities, and ensuring that Citi maintains adequate liquidity appropriately positioned to meet the company’s global needs both in normal market conditions as well as during periods of stress.

What you’ll do

The Liquidity Coverage Team is the primary point of contact for many of liquidity deliverables per Citi’s liquidity Risk Management Policy and Procedures. The team has substantial daily interactions with legal entity Treasurers and Risk Managers and facilitates the implementation of Policy and Procedure requirements for liquidity deliverables across the firm with a focus on streamlining and standardising deliverables to achieve consistency where appropriate. The work of the team includes daily, monthly, quarterly and annual BAU liquidity deliverables as well as various ad-hoc processes and improvement projects. One of the key aspects of this role will be working on the Citigroup Contingency Funding Plan (CFP) as well as working on Funding and Liquidity Plans and related models. This would require the prospective candidate to have strong numerical skills as they may be required to calibrate Early Warning Indicators (EWIs), Market Triggers/CFP triggers and perform financial modelling to assist in the determination of a liquidity stress.  The candidate would be expected to have at least 6 years of financial services experience, preferably within Finance, Treasury or Risk. This is a 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 liquidity management processes.

• Contributes to the development to Citi’s Contingency Funding Plan (CFP).
• Calibrates CFP Early Warning Indicators (EWIs) and other related triggers using statistical analysis and market knowledge.
• Updates Citi’s CFP EWI models and addresses any related Model Risk Management (MRM) limitations.
• Ensures proper senior communication, coordination, and escalation during times of a liquidity crisis.
• Forecasts the impact of CFP actions on LCR/NSFR and internal stress tests for Citigroup and CBNA Consolidated.
• Assists the team lead on the CFP Tabletop exercise.
• Reviews and updates the Funding and Liquidity Plan (FLP) Model and engages with MRM to address any model limitations.
• Leads efforts to optimize trapped liquidity across international legal entities.
• Coordinates and consolidates global FX limit requests for internal stress tests.
• Coordinates and reviews US LCR HQLA test submissions.
• Coordinates horizontal liquidity reviews of legal entities.
• Ensures timely submissions and approvals of all liquidity deliverables and updates the Liquidity Tracker accordingly.
• Updates procedure governance documents as needed.
• Assists in preparing materials for various committees.
• Contributes to the development of comprehensive controls.
• Proactively identifies opportunities to streamline work; creates process improvements that enhances efficiency for self and the team.
• Performs other duties and functions as assigned.

What we’ll need from you

• Experience in Finance, Treasury, Risk (especially Model Risk), Statistics or Audit functions is required.
• The candidate should have a solid working knowledge of liquidity concepts and metrics such as US LCR, US Net Stable Funding Ratio (NSFR) and internal stress testing.
• The candidate must have strong analytical skills (including advanced Maths/Excel skills) and be a team player who can collaborate across different levels and functions in the organisation
• The individual needs to be an innovative self-starter, with an ability to thrive in a fast-paced environment and effectively collaborate with various groups. 
• Experience managing large datasets and extrapolating insights for various risk metrics.
• Deep understanding of regulatory requirements and guidance, particularly for liquidity risk.
• Advanced quantitative skills.
• Experience with SharePoint, Tableau, SQL, Python or Bloomberg is a plus.
• Strong oral and written communication skills; comfortable making presentations and ability to articulate complex problems and solutions.
• Strong analytical skills and ability to review and comprehend large sets of data.
• Strong attention to detail with a proven ability to explain complex concepts in simple terms
• Exceptional project management skills with a track record of managing complex cross-functional programs/projects and achieving milestones and deadlines.
• Strong audit instincts and ability to apply independent judgment to business practices.
• Ability to independently manage work and drive multiple deliverables concurrently.

What we can offer you

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as: 

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

• A discretional annual performance related bonus 
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program  
• Pension Plan 
• Paid Parental Leave 
• Special discounts for employees, family, and friends 
• Access to an array of learning and development resources 

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-JD7

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Job Family Group:

Risk Management

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Job Family:

Finance Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Issue Management, Management Reporting, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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