DE Jobs

Search from over 2 Million Available Jobs, No Extra Steps, No Extra Forms, Just DirectEmployers

Job Information

Citigroup Global ICAAP Standard Manager in Budapest, Hungary

Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Capital Management Entity & Business Decision Support Team.

By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Capital Management Entity & Business Decision Support team will work closely across International Treasury, other Finance and Legal Entity (LE) teams to drive the broader capital efficiency and planning efforts of the firm for International legal entities subject to local country regulations. The team is responsible for the long-term capital strategy for International LE’s, targeted optimization of Group invested capital, consistent approach to capital management globally ensuring consistent frameworks are applied globally for local entity capital structures, capital repatriation and forecasting for local regulatory requirements in the countries. Working with BSM and Tax, the team will define and implement capital structure efficiencies, identify strategies to optimize use in local subsidiaries and improve the effective tax rate for the firm.

As a senior professional you will be responsible for driving the oversight of ICAAP policy suite for Citi’s Internationally regulated Legal Entities. You will take responsibility for the development of technical design requirements, policy governance requirements and ongoing continuous improvement of the Global ICAAP Standard. This includes evolution of the control framework, Global compliance monitoring framework and effective consultation for feedback from a broad stakeholder community. In this role you are also expected to provide expert guidance matters of policy interpretation, best practice, training and leadership to the wider team as it relates to Global ICAAP Standard and its integration with the Capital Framework suite including the Legal Entity Capital Standard and the Annual Dividend and Remittance Planning procedure.

What you’ll do

Collaborate across a variety of functions, primarily in Policy, Finance and Risk, to oversee ongoing improvement in policy design and compliance design to optimize ICAAP consistency around the world.

Strategic Support

  • Lead the continuous improvement of Citi’s Policy suite as it relates to ICAAP through a collaborative firmwide consultation and deliver a robust control framework design for the ongoing oversight of Legal Entity policy compliance.

  • Identify best practice regarding policy implementation around the world to share with the wider community and collaborate on ICAAP best practice policy matters with other policy owners in order to contribute to the streamlining of Citi’s policy suite.

  • Partner with Balance Sheet Management and Liquidity Management functions in Citi Treasury to design a consistent approach to Treasury policy matters ICAAP (IRRBB and Liquidity / Funding risk) to be implemented across Citi ICAAP banks.

  • Support the ICAAP team to codify thematic items with regard to Issues, Models, Regulatory feedback, Audit items and other control matters for the wider benefit of the international network.

  • Work with the ICAAP team to maximise best practice in governance, controls and process efficiency to protect the safety and soundness of Citi’s legal entities around the world in a manner than is structurally optimized for the Group.

Stakeholder Management

  • Act as a transparent SME to senior stakeholders and team members including timely and effective escalation. Engage stakeholders including project sponsors and project managers, country CFOs/Controllers, CROs/Risk, regional managers, and Technology seniors.

  • Lead by example for the wider team. Ensure team colleagues are coached on our processes and are clear on expectations.

  • Develop and lead training for legal entities in respect of aspects of the Global ICAAP Standard and associated controls.

What we’ll need from you

  • Bachelor's degree in Finance or Accounting or related field preferred

  • 12+ years of experience in Finance including policy ownership

  • Must have advanced analytical skills but also the ability to see the big picture

  • Excellent communication skills are imperative i.e. ability to make complex subjects easily digestible for senior management

  • Exercises proven Power Point and Excel skills

  • Ability to multitask in a fast-paced environment Ability to interact with all levels of management

  • Must be a team player

  • Strong communicator with an ability to lead discussions in executive meetings and to communicate clearly and succinctly with senior management, line managers and stakeholders. Strong writing skills.

  • Familiarity with Citi’s international legal entity structure and policy governance will be preferred.

  • Strong understanding of Global regulatory landscape and current developments (e.g. PRA and EBA Stress Testing, Pillar 2,) with a working knowledge for other markets

What we can offer you

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

  • Cafeteria Program

  • Home Office Allowance (for colleagues working in hybrid work models)

  • Paid Parental Leave Program (maternity and paternity leave)

  • Private Medical Care Program and onsite medical rooms at our offices

  • Pension Plan Contribution to voluntary pension fund

  • Group Life Insurance

  • Employee Assistance Program

  • Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed

  • Flexible work arrangements to support you in managing work - life balance

  • Career progression opportunities across geographies and business lines

  • Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-BB1


Job Family Group:

Finance


Job Family:

Balance Sheet Management


Time Type:

Full time


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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

DirectEmployers