Assistant Vice President, GLobal Liquidity Management Associate (BSM Sr. Analyst)

Citi – Long Island City, NY

  • Primary Location: United States,New York,Long Island City
  • Education: Bachelor s Degree
  • Job Function: Finance
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 19023964

  • Description
    About Citi

    Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

    Citis Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients and the publics trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

    Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

    Treasury Global Liquidity Management (GLM) provides oversight and analysis of Citis liquidity position. The team is responsible for monitoring, forecasting, managing and reporting on Citis liquidity position, and works with all levels within the company to establish and implement liquidity initiatives to improve Citis liquidity profile and risk management processes. In this capacity the team influences strategic and tactical decisions that impact liquidity at the aggregate and entity level and assists with coordination of funding across businesses and legal entities. In coordination with Planning & Analysis and Treasury Capital Management, Central Resolution and Recovery team the team ensures a consistent view of the balance sheet, liquidity and capital management. In addition, the team works with country and business treasurers to implement funding and liquidity plans for each country / entity. Finally, the team maintains an active and open dialogue on liquidity matters with regulators, rating agencies, investor relations and industry groups, and provides training on asset and liability management to our constituents.
    The Liquidity Solutions team is the implementation and infrastructure arm within GLM and acts as the business representative in implementation and transformation projects related to liquidity management and reporting. Acting in close coordination with the Finance Infra Structure, Technology and Operations the group defines business requirements for new developments such as assumption changes, creation of new metrics, reporting enhancements, development of business intelligence tools and dashboards. Additionally by holding the data expertise the group acts as a critical contributor in the most strategic projects supporting regulatory feedback and/or internal business developments.
    The individual will be involved in key priorities for 2019 including, but not limited to the Liquidity Transformation initiative intended to rebuild from scratch the systemic infrastructure supporting FR2052a (5G), the roll-out of the Net Stable Funding Ratio (NSFR) and teh redesign of Citi s internal Long Term Stress Metric (S2). Liquidity Infrastructure is one of the top three priority for the Citi Treasury this year and therefore this position will offer an exceptional level of senior management exposure.

    In this role the individual will be part of a product work stream, acting as a business associate in large cross-functional projects involving partners across Treasury (Business and Legal Entity Treasurers) , Risk, Infrastructure, Technology and Operations.

    The individual will act as liaison between key stakeholders in Treasury and our cross-functional partners by understanding the business needs, conducting and communicating financial impacts, constructing the necessary proof of concept, framing the requirements for Technology and following through the implementation of the strategic solutions including UAT testing and sign-off.

    Responsibilities:

  • Support the overall liquidity reporting change management process from data sourcing to report output, for both new reporting capabilities and existing capabilities undergoing enhancement
  • Partner with Treasurers and end users in the FRSS to understand pain points in existing reporting operations and seek solutions that deliver measureable benefits; foster an environment of continuous improvement
  • Partner with colleagues in Treasury, FRI, Data Services and O&T on responses to regulatory requests, ensuring consistent communication across the firm
  • Support the development of scalable solutions in anticipation of future regulatory reporting requirements
  • Review and sign-off on Minor Development Documents (MDD)
  • Employ best practices in developing business requirements documentation by interviewing subject matter experts in various domains (Technology, Treasury business, Financial reporting and Controllers)
  • Ensure the groups operate in a well-organized and auditable framework that will satisfy Internal Audit and Regulatory reviews
  • Conduct necessary testing and provide signoffs on the implemented solutions

  • Qualifications
    This role will require the individual to develop subject matter expertise on the products assigned to the work stream as there will be recurring interface with the corresponding business desks and treasury teams. Additionally, the individual will have to build knowledge of the regulatory and internal liquidity requirements applicable to the products, including business stress test assumptions and applicable US and local regulations.

    Qualifications:
  • Minimum Bachelors Degree; Graduate level degree a plus
  • 3 + years of experience in Financial Services required
  • Familiarity with balance sheet reports and understanding of broader liquidity management concepts
  • Strong problem solving skills with the ability to identify key issues, gather facts and develop actionable recommendations
  • Self-starter, strong attention to detail and willingness to, roll up sleeves to master the liquidity subject matter at a detailed business level to enhance value add during business requirements discussions
  • Ability to work under pressure in a fast-paced and demanding environment
  • Highly organized work to meet audit and risk control requirements from potential audit and regulatory reviews
  • Diagnostic skills to support production daily processes and responding to issues reported by the business in a fast paced environment that requires immediate decision making and actions to resolve issues.
  • Experience with process mapping, including understanding the As Is Process and designing/outlining the End State process
  • Excellent communication and presentation skills with full proficiency in Microsoft PowerPoint, including past experience creating senior management level presentations.
  • Advanced proficiency in Microsoft Excel, including graphing pivot tables, reference functions and data analysis
  • Working knowledge of SharePoint
  • Citi - 30+ days ago - save job - original job

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