Citi
Location: Getzville,NY, USA
Date: 2024-11-25T11:34:05Z
Job Description:
The Capital Planning team within Citi Treasury is responsible for all aspects of capital analysis, forecasting and planning for Citi, including providing programmatic leadership for the firm's capital ratios; Risk Weighted Assets (RWA); CCAR; and Recovery & Resolution Planning. The organization spans the full capital planning continuum, with the Head of Capital Planning reporting to the Citi Treasurer.Capital Planning has recently created a dedicated Capital Transformation function that articulates the strategy through which Citi will achieve its Capital transformation goals and provides central leadership over the execution of the necessary remedial actions to deliver the firm's Spot RWA and Planning target state, as required to address the FRB and OCC Consent Orders.The Capital Transformation organization seeks a senior leader to drive key components of the Capital Governance Transformation focused on developing and revising formal governance documentation including policies, procedures, and charters; interpreting regulation and regulatory guidance; and managing the review, finalization, and socialization of governance documentation. This is a critical function that will underpin the entirety of the capital planning target state by forming the link between the firm's most important regulations and its BAU processes and controls.This role will have significant exposure to senior Finance and ICRM leadership and will play an integral part in executing and supporting the firm-wide, cross-functional plans necessary to close the gaps identified by the Consent Orders and other relevant deliverables over a multi-year timeframe.**Reporting Structure** **and** **Responsibilities**The Policy and Regulatory Lead for Capital Governance Transformation will be responsible for:+ Developing and ensuring implementation of effective governance documentation for capital planning+ Partnering with senior ICRM leadership and Chief Administrative Officer to understand regulatory obligations and expectations and align governance documentation+ Incorporating and balancing feedback and input from multiple stakeholders, including all Finance, Risk Management, Internal Audit, and independent review and challenge+ Supporting the Head of Capital Governance Transformation to tell the story as to how and why Citi can take confidence in the procedures/processes/committees that govern capital planning, and how those processes can improve over time+ Supporting the implementation of changes necessary to enhance Citi's capital planning processes and satisfy evolving regulatory developments, including criticisms articulated in the recent Consent Orders+ Coordinating design and implementation of durable solution to ensure the mapping of regulations to business practices and controls across the capital continuum+ Enabling continuous improvement by partnering with workstream leads and senior stakeholders to proactively design solutions for identified weaknesses or gaps in compensating controls+ Developing a strong working relationship with process owners across the organization in support of their individual responsibilities and in support of creating a holistic framework in which the firm executes its collective capital planning responsibilities+ Partnering with the Finance Policy Head to ensure alignment of governance documents with Enterprise-wide standards and compliance with the requirements for publication of policy documents.**Qualifications**+ Exceptional communication skills, including well-developed written, verbal, and presentation skills. Must be able to create, revise based on feedback, and coordinate publication of enterprise-level governance documentation including Policies and Standard+ Bachelors Degree------------------------------------------------------**Job Family Group:**Finance------------------------------------------------------**Job Family:**Fin Solutions Dsgn & Implement------------------------------------------------------**Time Type:**Full time------------------------------------------------------**Primary Location:**Getzville New York United States------------------------------------------------------**Primary Location Full Time Salary Range:**$125,200.00 - $187,800.00In 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.------------------------------------------------------**Anticipated Posting Close Date:**Oct 09, 2024------------------------------------------------------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 ( English\_formattedESQA508c.pdf)Citi is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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