• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2019-07-20

Balance Sheet Management Senior Group Manager-Citi Treasury Investment - Rates Portfolio Management

Balance Sheet Management Senior Group Manager-Citi Treasury Investment - Rates Portfolio Management

  • Primary Location: United States,New York,New York
  • Education: Bachelor's Degree
  • Job Function: Finance
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 19029550


Description

1. Business Description

• Citi Treasury Investments (CTI) leads and oversees the investment function for Citi's major liquidity portfolios globally, including the execution of the overall asset allocation strategy and process. The Rates Portfolio Management team within CTI has responsibility for money position, global cash pooling, intraday liquidity management, short-term funding, Citi Treasury's global government, government-backed/agency and government-backed mortgage securities portfolios and primary responsibility for interest rate risk positioning.

2. Role Description

• The Balance Sheet Management Senior Group Manager will be part of a dynamic team in the Liquidity Management and Money Position team within CTI with responsibilities related to intraday liquidity management, money position, intercompany funding, cash forecasting and analysis, and other related activities

• The Balance Sheet Management Senior Group Manager is responsible for the monitoring and management of intraday liquidity for the USD flows of Citibank, N.A. The intraday liquidity management team partners with the funding desks, risk management, operations, and businesses to create and manage the intraday liquidity framework and enhance the process to support that management function.

3. Specific Responsibilities

• Intraday liquidity management and monitoring for almost $2T of USD flows for Citibank, N.A., including monitoring liquidity utilization against capacity and analyses of payments by payment system, counterparty and customer flows; understanding of the interbank funds transfer and messaging systems, interbank clearing and settlement systems, and securities settlement systems; analysis of funding sources and uses and the impact on these flows during severe market and idiosyncratic liquidity stresses; analysis of customer behavior patterns as it relates to liquidity usage trends.

• Provide leadership for the intraday liquidity management function for the USD activity in Citibank, N.A., partnering with global funding teams on managing intraday liquidity, and owning and driving targeted projects to enhance the firm's capabilities with regard to the management of intraday liquidity.

• Understand the business, risk and operational processes required for intraday liquidity management and the impact of macroeconomic factors on usage.

• Partner with the Businesses, Business Treasury, Risk Management, Operations, and Cash Management to identify opportunities to optimize and improve intraday liquidity usage.

• Participate in the development of global liquidity strategy and risk management framework, including establishment of liquidity triggers and limits and collateral targets.

• Significant involvement in resolution planning efforts as it relates to intraday liquidity usage.

• Represent CTI in meetings as SME with Regulators, Industry Groups and the Clearing House.

• Provide oversight of Liquidity Management and Money Positon team members, setting clear team goals, and communicating team tasks and deadlines.

• Lead and actively participate in projects with the ability to balance multiple priorities and meet deadlines; participation in analysis, execution and management of a wide range of funding and liquidity projects.

• Drive opportunities for process improvements and system enhancements.

Qualifications

• Minimum of 10 years of financial and banking experience with demonstrated and significant experience managing highly complex financial areas
• Experience with Intraday Liquidity Management
• Proven execution abilities and proficiency at managing multiple projects and work streams
• Excellent communication, presentation, and collaborative skills
• Exceptional analytical and problem-solving skills with attention to detail coupled with the ability to manage time effectively and meet tight deadlines
• Strong interpersonal skills, detail oriented self-starter with the ability to work effectively in a team environment