Capital Controller Transformation Lead for Wholesale and Retail RWA (SVP) ( Hybrid )
New York, New York| Tampa, Florida
Job Req ID 23641667Overview
Citi is undergoing a Transformation to modernize and simplify the bank. We’re raising the bar and taking the opportunity to reevaluate the way we do business. This includes fostering a culture of curiosity and excellence and shifting our mindset to be simpler and data driven, making Citi an easier place to work and improving client experience. If you’re ready to be at the forefront of Transformation while taking your career to the next level, we invite you to come and join us!
Success Profile
As one of the world’s most global banks, Citi gives you the tools to make a difference. Through Transformation, we’re building the future of the bank and shaping the banking industry. Citi employs over 220,000 individuals located around the world, encompassing a broad range of teams, roles, cultures and backgrounds. Some of the skills that will make you successful in this role include:
- Cross-Functional Collaboration
- Credible Challenge
- Risk Management
- Data and Results Driven
- Accountable
- Adaptable
Responsibilities
Join Capital Controller Transformation team within Citi Finance organization. Capital Controller Transformation team is responsible for solving complex problems that are time-sensitive and closely interlinked with the group’s objective of managing Spot RWA Accuracy and Integrity.
The team collaborates with Business, Independent Risk Management and other control functions to lead, manage, and coordinate regulatory capital solutions from initiation to delivery.
This role is of a regulatory capital expert in Wholesale and Retail exposures, providing critical challenge and driving the diagnostics and remediation of a broad range of regulatory capital calculations that encompass governance, data and non-data controls, processes, system implementation and regulatory reporting. This role provides extensive exposure to colleagues across risk, finance, technology, and line of business functions. Excellent interpersonal skills are required given the high level of interaction with senior managers, as well as the ability to work under pressure to meet tight deadlines. Technical skill is important to the candidate’s success, and so are strong project management and multi-tasking skills to plan and manage deliverables towards a number of objectives.
Key Responsibilities:
Drive the delivery of Citi's end-to-end process, controls, procedures and governance for Wholesale and Retail RWA, addressing regulatory requirements and in partnership with 2nd and 3rd line of defense. Identify areas of improvements.
Diagnose and remediate of a broad range of regulatory capital calculations that encompass governance, data and non-data controls, processes, system implementation and regulatory reporting.
Review interpretive conclusions of US Regulatory Capital Rules, and develop a robust, comprehensive documentation of the methodologies, assumptions, analytics, and implementation approaches
Develop senior management-ready materials, particularly interpretive guidance presentations to Lines of Businesses, Interpretive Committees, and Regulators
Drive change and influence risk and regulatory outcomes. Provide appropriately conservative solutions from a Regulatory Compliance perspective, in partnership with Business, Risk, and Finance teams
Develop a strong working relationship with Finance, Front Office, Treasury, Technology, Audit, Independent risk and other counterparts across the organization
Qualifications:
Expert knowledge in US regulatory capital rule requirements for Wholesale and Retail exposures, with demonstrated ability to assess the application/implementation of those rules vs. regulatory expectations in Citi or other peer firms.
Experience in performing quantitative analysis and assessing the methodology for calculating key risk weight parameters such as Probability of Default, Loss Given Default, Credit Conversion Factors, etc.
Strong analytical skills, attention to detail, willingness to "roll up sleeves" and produce a polished, high quality, accurate product; tireless work ethic with ability to work well under pressure
Solid Microsoft Excel skills and the ability to develop advanced knowledge of MS Excel and Access (or other database front-end query applications).
Prior experience implementing Basel RWA rules in large financial institutions preferred.
Familiarity with Citi’s systems and data preferred.
Exceptional oral communication and writing skills, with ability to synthesize complex concepts, and translate into "user-friendly" language for multiple audiences, including senior management, multiple internal constituents and regulators.
Experience in managing risks holistically, covering areas such as systems, data, models, regulatory requirements, governance, and analytics.
Ability to manage multiple priorities and tasks, work well as part of a team, and strong people and influencing skills
Minimum 10 years’ experience in related field
Education Level: Bachelor's Degree
Primary Location: NAM-USA-NY-New York
Other Location: NAM-USA-Tampa-Florida
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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 Salary Range:
$170,880.00 - $256,320.00------------------------------------------------------
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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View the Pay Transparency Posting
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