Posted:
9/23/2024, 5:22:41 PM
Location(s):
Maharashtra, India ⋅ Mumbai, Maharashtra, India
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Shape your Career with Citi
Citi’s Risk Management organization oversees Citi’s risk governance framework and risk appetite, ensures all risks generated by the firm’s businesses are measured, reviewed, and monitored on an ongoing basis.
We’re currently looking for a high caliber professional to join our team as Vice President - Capital and RWA Oversight - Hybrid. (Internal Job Title: Vice President– C13) based in Mumbai - India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
We empower our employees to manage their financial well-being and help them plan for the future.
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
Business Background:
Finance Chief Risk Office (Finance CRO) organization is responsible for second-line oversight of regulatory capital management, including measurement of spot regulatory capital and Risk-Weighted Assets (RWA). This role is within Finance CRO - Capital and RWA Actuals Review Team (“CRRT”) whose mandate is to perform independent testing and monitoring of the end-to-end verification of calculation and regulatory reporting related to spot capital, RWA and supplementary leverage ratio to comply with Basel Rules and applicable guidance for Citigroup, Inc. and Citibank, N.A.
Finance CRO - CRRT is a global team with presence in New York, Texas and Mumbai. The team members in each location work together across different review areas through the course of the year. This is a role that will provide in-depth Basel experience and significant exposure to senior management.
In this role, you’re expected to:
Performing reviews in line with Finance CRO – Capital and RWA Actuals Review Team (Finance CRO – CRRT) annual review plans
Communicating proactively testing progress and exceptions with Finance CRO - CRRT management
Supporting the implementation of changes necessary to enhance the second line of defense oversight of Citi’s RWA production process in connection with Citi’s ongoing transformation efforts and to satisfy evolving regulatory developments, including Basel IV initiatives
Developing a strong working relationship with Capital Controllers Group process owners, including the Quality Assurance team and other key stakeholders across the end-to-end capital and RWA production processes.
As a successful candidate, you’d ideally have the following skills and exposure:
Qualifications
Minimum 8 years of proven experience in the financial services industry or experience in a comparable role
MBA, CA or CFA is preferred
Regulatory Capital Reporting (e.g., FFIEC 101, FR Y-9C etc.) or Basel Regulator Capital Audit functions is preferred
Understanding of Basel RWA regulations is a must. Good to have understanding of market risk and upcoming changes in Basel 3 (FRTB)
Previous experience in Basel Regulatory Capital Controllers,
Strong audit instincts and ability to apply independent judgment to business practices, with a proven ability and willingness to challenge the status quo
Strong communication skills, including well-developed verbal, written and presentation skills.
Strong analytical skills and ability to review and comprehend large sets of data
Strong attention to detail with proven ability to explain complex concepts in simple terms
A self-starter with ability to independently manage work and drive multiple deliverables concurrently
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Regulatory Risk------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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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