The Chief Risk Officer for Finance (Finance CRO) organization provides risk management oversight of the Global Finance function, including effective risk challenge and mitigation of risk for capital, liquidity, interest rate risk and Treasury investments, and ensures compliance with all risk-related regulatory requirements. In addition, the team oversees the key risk management methodologies and calculations, including CECL and IFRS9 for credit reserves, and Basel Advanced RWA.Non-Trading Market Risk (NTMR) Management group, as a part of the Finance CRO organization, is responsible for independent risk management of non-trading market risk, including Interest Rate Risk in the Banking Book as well as market risk management of Treasury Investments. It identifies, measures, and monitors non-trading market risks and it provides independent review and challenge to the first-line activities.Assistant Vice President in the Banking Book Risk Measurement / Quality Assurance team within NTMR is responsible for independent market risk oversight of first line, including market risk management of Treasury FX Capital hedging activities, non-trading FX risk relating to new products, concentrations in non-trading FX risk, and CCAR/QMMF Stress Testing. The candidate must possess excellent communication and presentation skills for interactions with Treasury, Independent Risk, regulators, auditors and various senior management committees. The candidate must be able to utilize thorough understanding of methodologies, relevant regulatory requirements, and governance control processes for independent risk management oversight of Non-Trading Market Risk activities.Responsibilities:Ensures second line independent market risk oversight of FX Capital hedging activities.Ensures non-trading market risk relating to new products is considered and can be captured before approval. Reviews concentration risk and ensures concentration risk measures are appropriate for non-trading market risk.Designs effective stress testing routines and ensure CCAR/QMMF and Rapid Stress Tests properly forecast non-trading market exposures.Performs independent assurance of first line activities by identifying and ensuring adherence to applicable policies, standards, procedures, laws, and regulations for various first line functions.Performs sensitivity analysis and designs limit framework to ensure risk within risk appetite capacity.Performs process and control testing of first line activities by assessing design and operating effectiveness of the overall processes or activities and controls.Monitors reported exposures, understanding the drivers of significant movements.Prepares review reports for independent assurance process and communicates potential issues to Management.Manages issues effectively by logging, tracking and validating issues and monitors issues through their lifecycle.Applies an in-depth understanding of Internal Audit standards, policies and technology to a specific product or function.Interfaces with Corporate and Markets Treasury staff on risk issues.Qualifications:Broad understanding of risk management and analyticsStrong analytical knowledge of capital markets productsExperience in market risk management, FX risk in banking book, and CCA/QMMF preferredPrior experience with audit function preferredFamiliar with enterprise risk management activitiesExcellent quantitative and technical skillsStrong written and verbal communication skillsGoal driven with excellent ability to work within a team globallyProficient with Microsoft Office Suite (Excel, Word, and PowerPoint). Knowledge of scripting language preferredHighly motivated with attention to detailEducation:Bachelor's degree with strong academic record in economics, mathematics, statistics, finance or other quantitative field. Master's or higher degree is preferred.2+ years' experience in Risk Management, Treasury, Capital Markets or other functions within a financial services sector, preferably for U.S. GSIBs.------------------------------------------------------Job Family Group:Risk Management------------------------------------------------------Job Family:Treasury Risk------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:$109,120.00 - $163,680.00In 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:May 20, 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 reviewAccessibility at Citi.View the "EEO is the Law" poster. View theEEO is the Law Supplement .View theEEO Policy Statement .View thePay Transparency Posting
