Legal Vehicle Treasury & Stress Continuum Planning, AVP/C12

Company: Citi
Location: Foristell
Posted on: January 26, 2023

Job Description:

Legal Entity Treasury, Stress Continuum Planning, and Rating Agency Relations The Legal Entity Treasury, Stress Continuum Planning, and Rating Agency Relations team within Citi Treasury has several different areas of focus and responsibility. Legal Entity Treasury manages liquidity, capital and balance sheet for the following legal entities: Parent (Citigroup) and Bank (Citibank NA). Stress Continuum Planning includes funding, liquidity, and balance sheet projections for regulatory submissions of Citi's Comprehensive Capital Analysis and Review (CCAR), Recovery and Resolution Plans. Rating Agency Relations includes managing Citi's relationships with the Rating Agencies. Further descriptions for each function are provided below. Rating Agency Relations

• Support the management of Citi's relationships with the Rating Agencies by facilitating ongoing discussions and reviews with the rating agencies regarding major topics of interest to ensure Citi's ratings and outlooks reflect franchise strength.
• Develop a full understanding of the different credit rating methodologies and drivers of Citi's credit rating vs. peers and prepare Rating Agency update material for senior management.
• Assist in preparation of credit rating projections for CCAR, Resolution Plan, and Stress Test workstreams.
• Support all rating agency relations internal governance deliverables such as the Rating Agency Relationship Standard, Model Risk Management requirements, and End User Computing Compliance.
• Proactively read, understand, and keep abreast of all regulatory developments and rating agency methodology changes that directly affect Citi and its subsidiaries.
• Apply in-depth knowledge of Citi's financial statements to produce Balance Sheet, Capital, and Liquidity analytics for senior management, as well as comparisons to peers.
• Manage rating requests for new issuances and inquiries from internal stakeholders. Stress Continuum Planning and Governance
  • Develop and analyze Citigroup's balance sheet forecast under baseline and various stress-test scenarios in support of Citi's annual Comprehensive Capital Analysis and Review (CCAR) submission, as well as for quarterly stress testing process.
  • Create balance sheet analytics and reporting packages for Treasury Senior Management, including presentations and trend analysis for Business Engagement Committee Reviews.
  • Assist in governance and documentation compliance for Model Risk Management requirements, End User Computing compliance, and Liquidity Risk Management Review and Challenge, and support overall CCAR governance framework.
  • Extensive partnership with key stakeholders within Treasury, Finance, Risk Management, Business Transformation, and Technology organizations Treasury Resolution Planning
    • Support the ongoing development of Citi's resolution metrics, which includes liaising with key stakeholders on identifying, documenting, and testing requirements.
    • Executing testing scripts to ensure the requirements provided to technology have been correctly implemented in the Resolution Metrics Calculation tool.
    • Partner with global treasury teams to enhance the operational and governance requirements associated with producing the Resolution Metrics from Citi systems.
    • Ensure data output from Citi systems matches Citi's strategic source systems (e.g., general ledger system).
    • Prepare and develop materials for meetings with senior management and external bodies related to Citi's Resolution Metrics.
    • Interact with various partners, including risk, technology, governance, etc. to drive various initiatives and processes.
    • Liaise with model risk management on ongoing maintenance and development of model documentation and support materials. Citibank N.A. Legal Entity Treasury
      • Monitor and assist with management of key liquidity metrics for the US Bank, including regulatory and internal liquidity stress metrics, concentration metrics and balance sheet ratios.
      • Collaborate as necessary with Business Treasury, Finance, and the partners in Citi Treasury around the globe to understand balance sheet changes and their impact on the key metrics.
      • Work with Treasury counterparties in Asia, Europe, and South America to optimize liquidity within the firm.
      • Produce an annual US Bank Funding and Liquidity Plan to ensure the US Bank remains appropriately funded throughout the year.
      • Assist in devising efforts to drive change and optimize existing processes, as well as in the preparation and or review of materials for senior managers, including the CBNA ALCO and the FLRC committees.
      • Contribute to forecasting the liquidity surplus of the US Bank under Operating Plan, CCAR and Outlook Scenarios to help determine appropriate levels of 3rd party debt. Responsibilities can include but are not limited to:
        • Work with Finance and Technology partners to ensure business requirements are met on various projects
        • Perform data analysis to derive meaningful business recommendation
        • Track general progress of issue resolution and escalate potential problems whenever requiredEducation Requirements:
          • BA/BS in the area(s) of Finance, Accounting, Economics, Mathematics, and Engineering required
          • Graduate degree in the above fields a plus
          • 1+ years of experienceCore Competencies
            • Understanding of Accounting and Finance principals as well as Financial Markets and Financial Products including Derivatives Pricing
            • Familiarity of Balance Sheet components and Investment & Liquidity management
            • Fundamental Knowledge of Risk Management (Market, Credit) and Risk Analytics (VaR, Stress Testing)Technical Skills:
              • Proficiency in Microsoft Office applications (Excel, PowerPoint, Word, Access)
              • Working knowledge of Bloomberg, Power BI, VBA, SQL, Tableau, and Python a plus - Job Family Group: Finance - Job Family:Balance Sheet Management Time Type: Primary Location: Ofallon Missouri United States Primary Location Salary Range: $87,050.00 - $130,570.00 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 - Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Columbia , Legal Vehicle Treasury & Stress Continuum Planning, AVP/C12, Legal , Foristell, Missouri