Funds Transfer Pricing & Capital Attribution Manager (Hybrid)

Balance Sheet Management and Non-Trading Market Risk(“BSM”) Function

The BSM function is a division of circa 200 professionals within Treasury and is part of Citigroup’s broader Finance organization. BSM’s specific responsibilities cover the following: 

• First Line Non-Trading Market Risk Management: analyzes, measures and defines management frameworks and policies for non-trading interest rate, foreign exchange, equity, credit spread and commodity risks.
• Funds Transfer Pricing (FTP): establishes and oversees the policies under which business assets and liabilities are transfer priced based on interest rates and liquidity values; executes firm-wide transfer pricing processes; and ensures retained costs and balance sheet in Treasury are minimal through an effective attribution process
• Capital Attribution: Designs and implements the methodologies for attributing capital usage to businesses.
• Balance Sheet Analytics: Designs and develops models, analytics, and business information platforms for BSM and across the wider Treasury team, with a particular focus on Asset and Liability Management (ALM) and deposit analytics.
• Methodology and Policy Development: Leads cross functional workstreams to design, enhance, and evolve frameworks and methodologies.
• Asset Allocation: Designs and manages Treasury’s security portfolio allocation process across Citi’s $500bn+ global non-trading securities portfolios.

The Funds Transfer Pricing & Capital Attribution Manager will drive the production needs and lead various workstreams of FTP. The individual will aid in the Business head’s strategic vision to develop, enhance, and monitor the FTP & capital attribution frameworks including methodology development, governance and oversight, controls implementation and management of residual business risk and retained Treasury P&L & attributed capital. The position will have a high level of visibility within the organization with opportunities to work directly with other Finance and non-Finance functions throughout Citi, including the Businesses, Risk, Treasury, Financial Planning & Analysis, as well as Enterprise Technology, & Operations.

The FTP manager exhibits intermediate understanding of bank balance sheet management and optimization including Asset & Liability Management, Liquidity Management & Pricing and Capital Management. Strong communication skills required in order to negotiate internally. Some external communication/ negotiation may be necessary.

The role is responsible for aiding leadership in executing functional strategy in designed area. Impact reflects strategic influence on the business and interaction with other functions or businesses.  This C13 role will report to a senior manager of FTP and function as an integral member of the functional leadership team within a country/site location, job family, or line of business.

Responsibilities:

• Run quarterly capital attribution for Actuals & Forecast
• Run quarterly Shareholder Valued Added calculations, analyzing variances and identifying key business drivers
• Automate manual components of production process and enhance control environment by working with feed providers, technology and other key stakeholders
• Enhance capital attribution methodology to optimize the use of capital through proforma analysis, stakeholder engagement and preparation of materials for relevant governance committees
• Become a capital attribution methodology subject matter expert (SME) educating senior management and the business on methodology mechanics
• Maintain capital attribution methodology Framework document updating as the methodology evolves
• Support Second line and Internal Audit engagements by providing various reports, control evidence and maintaining up to date procedures
• Complete ad hoc requests for multiple stakeholders across the Business, Finance and Risk

Qualifications:

• 6-8+ years’ experience in Financial Services, Treasury, and transformational programs
• Strong excel and power point skills
• Coding knowledge such as Python, R or SQL
• Intermediate knowledge in Asset Liability Management & liquidity management
• Strong understanding of regulatory, compliance, risk management and financial management
• Experience in managing complex end-to-end processes
• Demonstrated ability to collaboratively solution complex and dynamic processes
• Analytical, logical and detail orientated
• Proven ability to work under pressure in ambiguous environments
• Strong oral and written communications skills with ability to synthesize complex concepts, and influence change
• Demonstrates a sense of urgency, passion for results and personal accountability for achieve