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SVP, Capital Controller Transformation - Derivatives RWA Lead

Citi
Long Island City, United Statesfull_timeVerifiedPosted 12 Feb 2025
💰 $265,080/yr($176,720/yr$265,080/yr)

About the role

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 employ

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Company

Citi

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