Balance Sheet Management Senior Lead Analyst IRR Governance

    Citigroup Inc.
    Buffalo, NY 14201
    Full-time, Part-time

    Job Description

    Senior Vice President (SVP), Interest Rate Risk in the Banking Book, Governance


    The individual will work in Interest Rate Risk (IRR) team within Citi's Corporate Treasury. The IRR team is responsible for measuring, reporting and managing Interest Rate Risk in the Banking Book across the firm. IRR partners with businesses and functions across the firm to establish and implement comprehensive Interest Rate Risk metrics to enable the measurement and management of the IRR across Citi. Interest Rate Risk in the Banking Book exists in balance sheets across Citi and the IRR team covers the global Citi balance sheet.

    The Governance team within Treasury IRRBB is responsible for adherence to all US regulatory rules and requirements, and ensuring compliance with all relevant Citi policies and procedures. The team will ensure that IRE and EVS models are documented and maintained in accordance with Citi's Model Risk Management policy. The team will ensure that Treasury Roles and Responsibilities are properly defined and documented in relation to Interest Rate Risk management and all relevant policies including Citi's Market Risk for Accrual Portfolio (MRAP) are periodically reviewed assessed and updated. The Governance team will provide overall governance around interest rate risk activities and will maintain an overall Enterprise MCA Profile (EMP) that will identify key ARCMs for Treasury IRR. Governance team will also work with RTUs to ensure that relevant ARCMs are cascaded down to RTU level EMPs.

    Key Objectives:

    In this role, the individual should:
    • Ensuring adequate governance around Treasury IRR activities, including Roles & Responsibilities, policies and procedures and adherence to all US regulatory requirements
    • Update and track the status of all MRAs, MRIAs, IA issues and any internal Corrective Action Plans (iCAPS)
    • Responsible for management of significant governance related projects not limited to timely production (T+30) of IRR metrics, limit/trigger set up for RTUs, RTU attestation of IRR metrics, et al.
    • Instrumental in performing a review and challenge of Treasury IRR governance framework, including an annual review of all controls listed in MCA for effectiveness
    • Perform an annual review of RTU structure and maintain documentation related to its Material/Non-material classification
    • A bachelor degree in finance, legal, accounting, or related fields; advanced degree is a plus.
    • Minimum 5-6 years of experience in one or more of Treasury or Market Risk.
    • Willingness to take ownership and execute on deliverables
    • Extensive knowledge of banking practices, risk management, and regulatory requirements
    • Ability to quickly assimilate, analyse and work with large amounts of information and data
    Specialized Skills:
    • 3-4 years of experience in Treasury and/or Interest Rate Risk Management at a U.S global financial services institution.
    • Project management experience, with a proven history of managing multiple tasks with variable stakeholders and deadlines
    Development Opportunities:
    • Unique opportunity to gain exposure to Citi's Interest Rate Management practices, various legal entities and overall governance structure
    • Exposure to very senior business and functional heads
    • Develop a professional network with senior internal and external stakeholders and build working relationships with several business leaders across the firm

    Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - US


    Time Type :


    Citi is an equal opportunity and affirmative action employer.
    Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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    Posting ID: 555229707Posted: 2020-05-26