• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2019-03-20

Treasury Asset & Liability Management Group Manager

Treasury Asset & Liability Management Group Manager

  • Primary Location: United States,New York,New York
  • Other Location: United States,New York,Long Island City
  • Education: Bachelor's Degree
  • Job Function: Finance
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 19005912


Description

About Citi


Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

The Asset and Liability Management (ALM) unit in Citigroup Treasury is responsible for:
  • Managing the models for Citi's balance sheet and income statement forecasting process. The models translate the economic environment into scenario-based forecasts for Citi's balance sheet and income statement
  • Support Treasury and ALM modeling and analytical needs
  • Supporting the on-going development of the "Ruby" system used for scenario analysis in support of planning, stress testing and interest rate risk
  • Working with the business Planning and Finance teams and Interest Rate Risk Management function to set up forecasts and scenarios in Ruby
  • Support transfer pricing modeling and execution
  • Provide analytics around balance sheet/income statement exposures, underlying drivers and sensitivities.

The candidate's job responsibilities would include:

  • Drive the strategic modeling approach taken for  the forecasting of Citi's balance sheet and income statement, for use in Citi's business planning processes, risk management processes, and for regulatory-based stress testing processes
  • Ensure the developed models can translate macroeconomic and financial market indicators into scenario-based forecasts
  • Establish strong partnership with Citi's business leaders during the development, implementation, and use of developed forecasting models, ensuring appropriate design and use
  • Establish strong partnership with Citi's FP&A teams to ensure developed models support strategic planning processes
  • Establish strong partnership with Citi's Risk teams to ensure developed models support risk management processes
  • Establish strong partnership with Citi's Operations and Technology team to ensure timely, efficient, and accurate implementation of developed models
  • Ensure appropriate documentation of all developed models for use during reviews with senior management, model validation, Citi's business and functional teams, internal/external audit, and regulatory agencies (e.g., Fed, OCC, FDIC)


Qualifications


Qualifications:
  • Minimum 5 years' of experience in leading advanced model development activities in a financial institution setting
  • Advanced degree in quantitative discipline (e.g., Statistics, Economics, Finance), Ph.D. preferred
  • Experience managing complex end-to-end model development projects (business requirements, data capture, model design, build, validation, implementation, and use)
  • Experience in the business planning processes of a large, complex financial institution
  • Proven experience in successfully designing solutions for complex real-world applied analytical problems
  • Strong general-purpose programming skills, so to be able to effectively manage junior modeling/coding staff
  • Excellent communication and interpersonal skills to facilitate collaboration with colleagues at all levels across Citi
  • Experience developing models in a regulated environment (e.g., Fed, OCC, FDIC) preferred
  • Excellent project management skills