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Treasury Transformation Senior Group Manager - IRR Risk and Controls

Company: Citi
Location: Getzville
Posted on: November 18, 2021

Job Description:

The Treasury Transformation / Global Process Owner (GPO) team works closely with stakeholders to define, drive and execute end-to-end process design and implementation efforts across Treasury activities, which span global Treasury groups, Finance functions, infrastructure partners in Enterprise Infrastructure Operations & Technology (EIO&T) and business partners in Institutional Client Group (ICG) and Global Consumer Bank (GCB). The team leads Treasury--s regulatory agenda and all internal reviews to identify priorities, coordinate efforts and track progress, and define and implement best practices. This position will report directly to the head of IRR Infrastructure and Technology.The Head of Treasury IRR Risk and Controls role requires a senior leader and experienced Finance professional to lead a global team with the core responsibility of insuring that the development and enhancement for the Citi system used for Interest Rate Risk, CCAR/PPNR, Operating Plan and Capital Planning incorporates all the functionality required to support IRR and Balance Sheet forecasting. This position is key to bringing thought leadership and driving execution and support of Treasury IRR processes and controls requiring partnering closely with various senior stakeholders across Treasury, Risk, Controllers, Chief Data Office, Technology, Internal Audit and Regulators. This includes oversight and execution of key regulatory and strategic initiatives of Treasury Transformation IRR Technology and Infrastructure while ensuring comprehensive and consistent Interest Rate Risk metrics to enable the measurement and management of the Interest Rate Risk across Citi.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
  • Full management responsibility of multiple teams, including management of people, budget and planning.
  • Responsible for determining approach to implementing functional strategy and execution in area managed.
  • 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.
  • Implements financial initiatives and manages the work of the department ensuring appropriate staffing and organizational structures are in place for their area.
  • Partners with the business to improve efficiency, effectiveness, productivity and / or control.
  • Often requires development of new concepts and approaches to solving issues affecting business/ geographic region or a major segment of it.
  • 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.
  • Performs other duties and functions as assigned.Qualifications:
    • Bachelors degree, potentially Masters degree and managerial experience
    • 15+ years of relevant experience within the financial services industry required
    • In depth knowledge of banking products/systems and how own sub-function contributes to achieving the objectives of the function.
    • Requires thorough knowledge of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in the function and/or area of expertise and related subject areas.
    • Extensive knowledge of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial goals of the business.
    • Excellent communication skills required in order to negotiate internally, often at a senior level.
    • Some external communication/negotiation may be necessary.
    • Frequently involved with a variety of broad based and complex issues requiring conceptual thinking. ------------------------------------------------- Job Family Group: Finance ------------------------------------------------- Job Family:Fin Solutions Dsgn & Implement ------------------------------------------------------ Time Type: ------------------------------------------------------ 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 must be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Buffalo , Treasury Transformation Senior Group Manager - IRR Risk and Controls, Executive , Getzville, New York

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