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SVP, Capital Controller Transformation - Derivatives RWA Lead

New York, New York| Tampa, Florida

Job Type: On-Site/Resident

Job Req ID 25827134
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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

Capital Controllers Group (CCG) is responsible for production of capital metrics such as Risk-weighted Assets (RWA) and Supplementary Leverage Exposure (SLE). The group includes the production team, Basel policy interpretation, governance, project and strategic transformation teams. The group works closely with regulatory reporting, finance QA, independent risk, business, risk analytics, Technology, balance sheet control, product control, and other teams to ensure end-to-end coverage and control of the RWA/SLE process.


This role is focused on the strategic transformation and remediation of core issue plaguing the RWA/SLE process in order to address regulatory findings and Consent Order. The SVP role is for the Derivatives lead managing all aspects of the remediation including root cause analysis, devising a solution, defining the remedial actions, managing the change in technology system, managing the change in process with updated roles and responsibilities, and working with independent testing/control groups to ratify the change


Responsibilities:

  • Contributes to the design, roll-out and governance of financial solutions, including:

  • Participates in formulating and setting strategic direction for the process, organization and architecture covering Finance across Citi businesses, products, functions and locations

  • Assists in setting business and information architecture standards for Finance

  • Plays a part in settling and operating necessary forums and frameworks to establish and govern policies and starts for global Finance processes

  • Participates in assessing and incorporating changing business, regulatory and market information needs into finance processes and applications

  • Manages complex/critical/large professional disciplinary areas.

  • Leads and directs a team of professionals.

  • Applies in-depth knowledge of the business impact of process design and technical contributions.

  • Accountable for delivery of a full range of services to one or more businesses/ geographic regions.

  • Regularly interacts with peers within the firm and externally, including regulators and professional organizations.

  • Provides advice to internal clients on the implications of business trends, issues, operating environment changes and firm or business unit strategy.

  • Performs other duties and functions as assigned.

  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

  • 10+ years of relevant experience, within the financial services industry highly preferred

  • Requires a comprehensive knowledge of Basel RWA rules for Derivatives exposures. Prior experience working in similar function or area preferred.

  • Requires communication and diplomacy skills in order to guide and influence others.

  • Experience and demonstrated ability to manage competing priorities in a complex and dynamic environment

  • Self-motivated with the ability to make decisions in the absence of detailed instructions.

  • Proficient Microsoft Office skills

  • In depth knowledge of banking products / systems highly preferred.

  • CPA preferred

Education:

  • Bachelors degree, Masters degree preferred.

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Job Family Group:

Finance

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Job Family:

Fin Solutions Dsgn & Implement

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Time Type:

Full time

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Primary Location:

Long Island City New York United States

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Primary Location Full Time Salary Range:

$176,720.00 - $265,080.00


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:

Feb 19, 2025

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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

Success Stories

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.”

Usman B.

Risk & Controls Transformation Lead
New York

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.”

Cynthia D.

Mexico Transformation Head

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.”

Dan F.

Data Operating Model and Governance Program Lead
New York

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.”

Shahzad A.

Data Tooling and Capability Head
Singapore

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