Skip to main content

Careers

Capital Controller Transformation Lead for Wholesale and Retail RWA (SVP) ( Hybrid )

New York, New York| Tampa, Florida

Job Req ID 23641667
Apply Now

Overview

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

-------------------------------------------------

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.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Apply Now
  • Join our team
    of 220,000+
    strong diverse employees

  • Socially minded employees volunteering in communities across 90 countries

  • Meaningful career opportunities thanks to a physical presence in over 95 markets

We foster a culture that embraces all individuals and encourages diverse perspectives, where you can make an impact and grow your career. At Citi, we value colleagues that demonstrate high professional standards, a strong sense of integrity and generosity, intellectual curiosity, and rigor. We recognize the importance of owning your career, with the commitment that if you do, we promise to meet you more than half way.

Success Stories

Usman B.

Usman B.

“By joining Transformation, you will be at the center of driving change at Citi. You’ll help us lay the foundation to make this a better place to work and do business by implementing sound risk and controls. This team will give you a launchpad of endless opportunities to grow as a professional and challenge yourself while working across various functions.”

Risk & Controls Transformation Lead
New York

Cynthia D.

Cynthia D.

“Citi hires people for their potential and not just their experience. This gives people, including myself, the opportunity to try different roles and explore new careers. Transformation at Citi is a new adventure and will challenge how we do things at Citi: with clients, with regulators and with our peers.”

Mexico Transformation Head

Dan F.

Dan F.

“Data Transformation is a great area to be a part of at Citi. Data is at the heart of our business and ensuring that our data is of good quality with clear ownership is imperative to our success.”

Data Operating Model and Governance Program Lead
New York

SHAHZAD A.

Shahzad A.

“This is an exciting area to work in at Citi! Being part of Transforming a 200+ year-old institution is a once in a lifetime opportunity. This is relatively new work, so not only you can learn new skills and get exposure, but you can play a pivotal role in shaping the Citi of the future.”

Data Tooling and Capability Head
Singapore

Saved Jobs

You have no saved jobs

Previously Viewed Jobs

You have no viewed jobs