Citi is one of the largest credit card issuers the United States across two businesses, Citi Retail Services and US Branded Cards. US Branded Cards has assets of over $110 billion and generated $10 billion of revenue in 2023.

 

The Lead Financial Officer role is a critical leadership role covering credit card partnerships with iconic companies American Airlines and AT&T. The role entails working closely with key internal and external stakeholders to drive growth and shareholder value while delivering on financial targets. Finance led activities include: investment and marketing allocation; pricing and product value proposition decisions, balance sheet, capital and product portfolio return optimization; scenario planning; performance tracking against complex contractual requirements across acquisition, technology investments, as well as rigorous expense management.

Responsibilities:

·         Financial Performance: provide financial counsel working closely with business heads to achieve financial goals while optimizing returns subject to multiple constraints in a changing regulatory environment. Activities include: budget and capital planning process, expense management including identifying productivity opportunities; balance sheet monitoring; managing performance dialogue/reviews

·         Customer: High degree of engagement and collaboration with external partners on key strategic priorities, with periodic travel within the US

·         Cross functional collaboration: Support Partnership Products to deepen customer engagement, enhance profitability of those relationships, and assess areas of additional opportunity. Identify business opportunities and challenges, determine solutions and assemble cross-functional support to drive execution. Responsibilities include developing business cases for new product launches, applying understanding of consumer, competitive environment, pricing, value proposition, channel and product mix. The role is also required to decide on how to best leverage assets and funding opportunities in partnership with Treasury. Overall, develop close cross-functional collaboration with Acquisitions, Risk, Analytics, FP&A, Treasury, Legal, Compliance, as well as business development on deal renewals.

·         Implement broader Citi wide Finance initiatives, connectivity with Global Finance Transformation

·         Model governance: Work closely with Model Risk Management and the broader Finance team to ensure full compliance with global model documentation requirement

·         People: Attract and develop talent at all levels and geographies. Manage a team of employees as well as partner with Treasury and Controllers.

·         Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 15+ years of experience, including 8-10+ years' managerial experience

Education:

• Bachelors/University degree

Skills and other requirements:

         Ability to influence and advise senior stakeholders

·         Excellent leadership skills, with the ability to build strong partnerships and followership

Ability to navigate a large complex organization

High integrity

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


 

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Job Family Group:

Finance

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Job Family:

Finance Management

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

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:

Oct 01, 2024

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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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