Vice President, Risk-Weighted Assets (RWA) Capacity & Governance Manager, Lead Specialist - Services

Citigroup Inc., City of Westminster

Vice President, Risk-Weighted Assets (RWA) Capacity & Governance Manager, Lead Specialist - Services

Salary not available. View on company website.

Citigroup Inc., City of Westminster

  • Full time
  • Permanent
  • Remote working

Posted today, 10 Jun | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

Job ref: f062e3e033454691a5e6d27b0f6ba7b4

Location ref: City of Westminster

Full Job Description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi's Balance Sheet and Capital Management team. By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Team/Role Overview: Citi Services is one of Citi's five interconnected businesses and at the heart of Citi's global network. Citi Services includes Treasury & Trade Solutions (TTS) and Investor/Issuer Services. TTS provides an integrated suite of Liquidity, Payments and Trade/Working Capital solutions to multinational corporations, financial institutions, public sector organisations and increasingly mid-sized corporate clients. Investor/Issuer Services provides global institutional clients a wide range of solutions, including custody, fund services, execution services, and issuer services. Capital optimisation is a critical area for Citigroup and represents a significant challenge facing the financial services industry. As a firm, our ability to effectively lead in this area will be a significant determinant of our future competitiveness. It also helps satisfy a regulatory requirement for enhanced connection between strategic planning and capital planning. Balance Sheet and Capital Management (BSCM) is a specialized team responsible for ensuring effective and efficient use of Services' balance sheet with the goal of improving return on capital measures. The team coordinates and collaborates closely with colleagues in Liquidity Management Services as well as Investor/Issuer Services. The Services RWA Capacity and Governance Manager, Lead Specialist - SVP provides vital support in managing Services' RWA capacities and collaborate in designing a framework for optimal allocation of Services' capital. What you'll do:

  • Develop and roll out a robust methodology for Services' capital allocation, though close collaboration with Senior Leadership, and establish a common set of metrics and governance to measure Services' improvement in returns.
  • Influence capital planning process for Services' products and communicate insights to Senior Leadership.
  • Review Services' weekly and monthly RWA, monitor ongoing data quality reporting, deep dive into breach drivers, and provide inputs to Finance Capital Controllers.
  • Prepare timely insights for Services Leadership that provides insight into drivers of variance and potential areas for optimization, helping to influence actions and outcomes.
  • Progress RWA accuracy, completeness, and compliance. Champion the remediation of RWA Issues impacting the business, working with Finance, Risk Management, Technology, and other business areas as required.
  • Provide strategic analyses and reporting initiatives to align client-level strategy within Services product lines and ensure eligible assets are being used as efficiently as possible.
  • Represent the business in RWA-related discussions with 1st, 2nd, and 3rd lines of defence review functions, serving as business contact for COBRA/IA reviews.

    Significant relevant experience in the Financial Services Industry.
  • Comprehensive understanding of regulatory capital rules for RWA calculation.
  • Familiarity with products offered by Services as well as Citi's systems and data.
  • Strong analytical skills - ability to work with large data sets to identify issues and root cause.
  • Ability to manage multiple stakeholders, influence outcome, and drive objectives to delivery.
  • Excellent communication skills, oral and written, with the ability to converse with a wide variety of people across functions / seniority.
  • Highly organised, responsive, and proactive.
  • Bachelor's degree in finance, engineering, science, mathematics, or related fields; master's degree preferred.

    Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

    By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
  • A discretional annual performance related bonus
  • Private medical insurance packages to suit your personal circumstances
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
  • Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Direct job link

https://www.jobs24.co.uk/job/vice-president-risk-weighted-assets-rwa-capacity-126958370
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