Non-Trading Market Risk Management Sr. Group Manager-Director

The Balance Sheet Mgmt Sr. Grp Mgr demonstrates an in-depth understanding of how IRRBB management contributes to achieving the objectives of bank balance sheet optimization. A good understanding of bank balance sheet management and optimization. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an intergral member of the functional leadership team within a country/site location, job family, or line of business.

Responsibilities:

• Contributes to the governance of interest rate risk management and analytics of the balance sheet. This includes
• Participates in enhancing Citi's IRRBB framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
• Involved in funds transfer pricing.
• Extensive experience in ALM and modeling using QRM
• Contributes to IRRBB strategy and management.
• May manage and direct larger teams via the oversight of Direct Reports. Part of a team which actively manages the balance sheet by ensuring adherence to established targets in order to achieve liquidity, balance sheet and capital return metrics.
• Engages in the establishment and monitoring of interest rate risk and balance sheet limits.
• Liaises with businesses to ensure both an understanding and the ability to manage those limits in a well-governed environment which allows for business growth.
• Interacts with regulators, senior management and ALCO committees.
• 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:

• 15 plus years of experience within financial services
• Solid understanding of financial products on a bank's balance sheet
• Extensive experience building and enhancing an IRRBB framework (policy, governance, models, methodologies, reporting, controls, processes, risk limits, analytics, data)
• Experience with ALM analytics system such as QRM
• Established effective leadership skills with ability to build relationships
• Clear concise communication skills, both oral and written
• Excellent analytical and problem-solving ability
• Solid understanding of the Treasury function within a bank
• Ability to multi-task and ability to work under pressure

Education:

• Bachelors degree, potentially Masters degree

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Job Family Group:

Risk Management

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Job Family:

Finance Risk

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Time Type:

Full time

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Primary Location:

NC-CHARLOTTE (BALLANTYNE)

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

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.

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Most Relevant Skills

Business Acumen, Data Analysis, Financial Modeling, Internal Controls, Management Reporting, Market Risk, Problem Solving, Process Execution, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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