Services Capital Allocation and Management, Lead Specialist - SVP

Citi Services is one of Citis five interconnected businesses and at the heart of Citis 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 Specialist SVP will play a critical role in Services capital and balance sheet strategy by driving the development of new capital management capabilities.

The successful candidate will report to Head of BSCM, Trade & Working Capital Solutions and collaborate in designing a framework for optimal allocation of Services capital.

Key Responsibilities :

• Develop and roll-out a robust methodology for Services capital allocation, though close collaboration with senior leadership
• Establish a common set of metrics and corresponding governance to measure Services improvement in returns
• Provide strategic analyses and reporting initiatives to align client-level strategy within Services product lines and ensure eligible assets are being used as efficiently as possible
• Influence capital planning process for Services products and communicate insights to senior management
• Coordinate firm-wide returns initiatives for Services, such as Citis Low-Returning-Client optimization and Citis Relationship Capital Revenue Share (compensating for cross-sell)
• Manage, coach, or mentor junior members of the team

Competencies :

• 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
• Awareness of bank capital regulation, bank liquidity regulation, accounting, and valuation techniques
• Ability to connect business strategy with capital usage and understand the complex end-to-end data process for capital calculation in order to make recommendations
• Understand portfolio risk management aggregation principles and techniques to separate and identify drivers affecting Services underlying risk appetite and client selection at the global portfolio level
• Attention to detail with proven ability to distill complex ideas into actionable methodologies; comfortable manipulating different data sources to analyze and answer business problems
• Ability to partner well with a range of stakeholders in the firm to drive objectives to delivery, strong interpersonal skills to influence without authority as well as resolve conflict to mitigate roadblocks

Qualifications :

• Bachelors degree in Finance, Engineering, Science, Mathematics, or related fields; Masters degree preferred
• 8+ years relevant experience in the Financial Services Industry e.g. Treasury, Capital Management & Planning, Quantitative Risk Management, Analytics
• Deep knowledge of financial instruments and products including an awareness of bank capital regulation, bank liquidity regulation, accounting, valuation techniques and risk measurement;

good understanding of CCAR stress testing requirements, models, and processes

• Familiarity with Citi Treasury organization and related key functions, as well as Citis systems and data a plus
• Proven analytical skills for developing data analysis and quantitative strategies
• Strong problem solving skills with an ability to rapidly assimilate complex information across a variety of financial disciplines
• Excellent communication skills, oral and written, and experience with and confidence in delivering presentations to senior management
• A demonstrated history of delivering on initiatives
• Ability to work under pressure in a highly professional environment
• Passion, integrity, positive attitude, mission-driven, and self-directed
• Advanced knowledge of Microsoft Office, including advanced Excel and PowerPoint presentation skills

Job Family Group :

Product Management and Development

Job Family :

Asset / Liability Optimization

Time Type : Full time

Full time

Primary Location :

New York New York United States

Primary Location Full Time Salary Range :

$163,600.00 - $245,400.00

In addition to salary, Citis 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.

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