This Director role will manage the FRTB CVA RWA team focusing on both Citigroup, and other key entities in EMEA and Asia. The incumbent will be a strong subject matter expert, and will have prior experience in managing a 5-10 member team spread across multiple geographies. This is a leadership positions with considerable influence on Citi's overall FRTB strategy and implementation, and the successful candidate will have the ability to forge consensus amongst multiple key stakeholders, and collectively drive prioritization. In addition, a keen focus on controls, governance, and understanding regulatory expectations will also be essential.

Responsibilities:

• Ensure overall accuracy and rule compliance of Citi’s FRTB CVA implementation across multiple jurisdictions

• Work with Front Office, Risk Managers, and Technology to draft requirements, identify solutions to remediate issues, and validate technology implementations

• Responsible for project management of the FRTB BA CVA implementation

• Guide team to analyze FRTB CVA RWA results and identify key drivers

• Partner with interpretive, 2LOD, and Audit teams to support internal governance of FRTB CVA implementation

• Work with internal partners to design robust end-to-end controls and operating model

• Key contributor in regulatory discussions and exams, including supporting written responses and meeting presentations

Qualifications:

• 10+ years of experience in XVA Risk/Market Risk/Counterparty Risk management, or related model development/quantitative analytics roles

• Prior experience with trading book RWA calculation or management required

• Experience in directly interacting with the FRB & OCC on Risk/RWA matters; Experience in similar interactions with the PRA and ECB a plus

• Knowledge of FRTB rules strongly desired

• Strong understanding of the operating model and roles and responsibilities associated with each of the three lines of defense

• Prior involvement in FRTB related industry discussions or advocacy forums hosted by Industry Trade Associations or Consulting Firms a plus

Education:

• Bachelor’s degree in quantitative fields required; Advanced degree/MBA strongly preferred

Job Family Group:

Finance

Job Family:

Fin Solutions Dsgn & Implement

Time Type:

Full time

Primary Location:

Long Island City New York United States

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.

Anticipated Posting Close Date:

Sep 30, 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 (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.