Citi Services is one of Citi's five interconnected businesses and at the heart of Citi's global network. Citi Services includes Treasury & Trade Solutions (TTS) and Securities Services.
TTS provides an integrated suite of Liquidity, Payments and Trade / Working Capital solutions to multinational corporations, financial institutions, public sector organizations and increasingly mid-sized corporate clients.
Securities Services provides global institutional clients a wide range of solutions, including custody, fund services, execution services and issuer services.
These are supported by our extensive on-the-ground local market expertise, innovative post-trade technologies, customized data solutions and a wide range of securities services solutions that can be tailored to meet clients' needs.
Capital optimization is a critical area for Citigroup and represents a significant challenge facing the financial services industry.
As a firm, our ability to effectively lead in this area will be a significant determinant of our future competitiveness.
It also helps satisfy a regulatory requirement for enhanced connection between strategic planning and capital planning.
Balance Sheet and Capital Management (BSCM) is a specialized team responsible for ensuring an effective and efficient use of Services' balance sheet with the goal of improving return on capital measures.
Key benefits include development of specialized capital knowledge, experience developing and executing complex analytical processes, exposure to senior leadership and multiple products across Services, and working in a rewarding, creative, and dynamic environment.
The Services Capital Allocation and Management Lead Analyst - VP will play a critical role in Services' capital and balance sheet strategy by directing capital strategy at the client level in order to align balance sheet usage with client priority.
The successful candidate will report to Head of BSCM, Trade & Working Capital Solutions and will expand current client-oriented capital programs and accountability framework to a Services-wide level in order to deploy capital to highest returning clients and products.
Key Responsibilities :
- Expand client-level applications of capital-investment to the Services level, in conjunction with Banking and Markets partners, including Trade's successful Asset Optimization Program
- Execute and maintain client-level capital-investment for monthly and quarterly processes
- Collaborate with Trade's nascent accountability framework as well as Banking's established Capital Management process to monitor capital extended by Services for cross-sell
- Maintain portfolio-level metrics for capital-investment programs, and prepare monthly updates
- Prepare Senior Management presentations for regular management information requests
- Over time, become a Client-Focused Capital SME, supporting the broader Services business with a client-level view of returns
Competencies :
- Required to dive into details, to support and drive development of a robust methodology for Services' capital allocation
- Possess a Client Mindset, i.e. familiarity with client perspective as well as banking solutions and products including cash management, trade, payments, securities services, foreign exchange, commodities, fixed income, loans (including syndicated, bilateral) and capital market products
- Understand Portfolio Management, i.e. how Services' exposure to client and counterparties combines into the global portfolio and fits into the portfolio's lifecycle
- Extremely high attention to detail and organizational skills
- Comfortable manipulating different data sources to analyze and answer business problems
- Innovation mind set and intellectual curiosity; ability to design automated technology solutions to answer business problems
- Ability to partner well with a range of stakeholders in the firm to drive objectives to delivery, strong interpersonal skills to identify and resolve conflict to mitigate roadblocks
Qualifications :
- Bachelor's degree in Finance, Engineering, Science, Mathematics, or related fields; Master's degree preferred
- 6+ years relevant experience in the Financial Services Industry
- Understanding of Financial instruments and Products as well as Risk and Corporate Banking functions
- Familiarity with US regulatory capital rules; internal allocation methodologies is a plus as is exposure to RWA, TCE, and liquidity measures
- Proven analytical skills for executing data analysis and quantitative strategies
- Highly proficient in Excel / PowerPoint
- Coding / Advanced macros a plus
- A demonstrated history of delivering on initiatives
- Highly motivated with attention to detail, team oriented, and strong organizational skills
- Excellent interpersonal, influencing, facilitation, and partnering skills with key stakeholders and senior management
Job Family Group :
Product Management and Development
Job Family :
Network Capabilities Management
Time Type : Full time
Full time
Primary Location :
New York New York United States
Primary Location Full Time Salary Range :
$129,840.00 - $194,760.00
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.
Anticipated Posting Close Date :
Jul 19, 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 .
View the " EEO is the Law " poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting
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