Posted:
8/5/2024, 5:00:00 PM
Location(s):
Town of Amherst, New York, United States ⋅ New York, United States
Experience Level(s):
Senior
Field(s):
Business & Strategy
Global Markets provides world-class solutions that are as diverse as the needs of the corporates, institutions, governments, and individual investors we serve. The breadth, depth, and strength of our underwriting, sales and trading, and distribution capabilities span asset classes and currencies, sectors and industries, covering a vast array of products.
The candidate will be a member of Credit and Price Risk Execution in Citi Global Markets. Markets Credit and Price Risk Execution is mandated to establish and maintain a robust first line of defense designed to minimize risk within the business including leading critical control initiatives to mitigate risk in Trading, Financial Crimes and Conduct while ensuring strong governance to measure, monitor, manage and escalate key risks.
The Volcker Rule Office (VRO) is a first line function which provides overall coordination and monitoring in support of Citi’s Volcker Compliance Program. Responsibilities include monitoring and maintenance of the central control framework as well as coordinating engagement with Citi’s lines of defense. The VRO works closely with the Businesses, Independent Risk Management, Compliance, Legal, Finance, and others. The team oversees operation of key processes and controls for the firm including the following areas: Desk structure, Desk mandates, trading / hedging strategies, products, limits, covered funds and metrics reporting to the Volcker Regulators. As a member of the Volcker Rule Office, you will deliver integrated solutions supporting Citi’s global Volcker Rule compliance program among other regulatory deliverables including but not limited to FRTB.
Responsibilities:
• Investigate and resolve Volcker related issues by coordinating with internal stakeholders
• Metrics production, review, and distribution for internal consumption and regulatory reporting
• Creation and review of Volcker Covered Funds Tier 1 capital reporting for in scope trading desks
• Production of deliverables for internal / external audit reviews
• Responding to internal and regulatory requests and ad-hoc queries
• Provide expertise relating to Volcker regulatory requirements
• Providing regular management updates and status reports
• Participation in monthly reviews of Volcker metrics and reporting with in scope desks
• Ongoing maintenance and review of Volcker related desk, client, and product
classifications
Qualifications:
• Knowledgeable about financial products/markets and ability to analyze data
• Excellent written and communications skills and ability to interface with senior
stakeholders
• Proactive and ability to work under tight deadline pressures across multiple workstreams
• Demonstrated agility and ability to work within an evolving environment and function
• Strong academic achievements as well as a keen interest in working in banking and regulation
• Experience with workflow systems
• Proficient in Microsoft Office with an emphasis on MS Excel
• Self-motivated and detail oriented
Education:
• Bachelor’s/University degree or equivalent experience
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Getzville New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$77,280.00 - $115,920.00
In 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.
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Anticipated Posting Close Date:
Aug 13, 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.
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View the EEO Policy Statement.
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Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management