Citi’s Liquidity Reporting team is seeking a seasoned Financial Services leader (preferably at a major US Bank) for the position of Liquidity Regulatory Reporting Derivatives Lead. Individual in this role will manage the implementation and interpretations of the Treasury Liquidity reports and underlying frameworks.
The focus will be to develop product specific subject matter expertise and work in conjunction with other stakeholders on the development of Derivative product specific processes. The individual will be a critical contributor in strategic projects supporting regulatory feedback and/or internal business developments and influence Citi’s data infrastructure.
The preferred candidate will have more than 10 years of direct experience leading regulatory reporting or liquidity management cross-functional programs with extensive product specific knowledge with Derivatives and liquidity related reporting.
This role is within Liquidity Reporting team, which leads Citi’s liquidity regulatory reporting oversight and initiatives as well as liquidity issue management. The team focuses on the FR 2052a, LCR, NSFR and ILST reports and all related aspects.
Responsibilities:
- Lead the implementation and interpretation of liquidity regulatory reporting interpretations including FR2052a, LCR, NSFR and ILSTs with specific responsibilities for end-to-end Derivatives reporting requirements.
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Lead the team responsible for detailed product-specific analysis to support interpretations calibration which will require strong collaboration and engagement with partners across Business, Controllers, Legal, Treasury and Risk functions.
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Facilitate committee discussions and working groups that would review and approve liquidity regulatory interpretation implementation.
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Make strategic recommendations against liquidity regulatory reporting that may influence balance sheet and liquidity optimization across legal entities and businesses.
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Lead the coordination and development of proofs of concept, including financial impact assessments, for liquidity regulatory reporting interpretation enhancements.
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Lead the definition of use cases to articulate new functional software needs and the roles of each class of application usage.
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Lead the documentation exercise of Business Requirements (“BRDs”) for liquidity regulatory reporting system enhancements.
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Define the testing strategy standards including User Acceptance Testing (“UAT”) reviews.
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Support the overall liquidity reporting change management process from data sourcing to report output, for both new reporting capabilities and existing capabilities undergoing enhancement.
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Identify and drive the development of scalable solutions in anticipation of future regulatory reporting requirements.
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Lead the team responsible for detailed product-specific analysis to support interpretations calibration which will require strong collaboration and engagement with partners across Business, Controllers, Legal, Treasury and Risk functions.
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Facilitate committee discussions and working groups that would review and approve liquidity regulatory interpretations.
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Lead the exercise to document liquidity regulatory interpretations.
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Lead the exercise on peer analysis.
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Assess the impacts of new businesses and products to liquidity regulatory reporting.
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Make strategic recommendations against liquidity regulatory reporting that may influence balance sheet and liquidity optimization across legal entities and businesses.
Qualifications:
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10+ years of demonstrated regulatory reporting or liquidity management leadership experience with recognized ability to develop and lead teams as well as daily reporting, preferably in Legal, Controllers, Treasury, or a Business with understanding of liquidity-based metrics, regulatory reporting, analytics, and regulation (US LCR, US NSFR, FR 2052a reporting)
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Demonstrated understanding of liquidity regulatory reporting implementation and interpretations and best practices that are the foundation of the FR 2052a report.
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Team leadership experience, preferably leading cross-functional initiatives in Treasury, Controllers, Legal or a Business at a major financial institution
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Awareness of changing nature of liquidity regulation and ability to implement the interpretation of regulations into liquidity systems and design solutions specific to liquidity regulatory reporting (e.g., FR 2052a)
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Demonstrated execution skills and successful record of operating in a transformation environment including process and technology change management.
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Ability to work in a high-energy environment leading team with daily duties.
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Initiative-taking collaborator adept at working across organizations to drive firm-wide outcomes.
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Recognized ability to influence others without having direct supervisory authority.
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Exceptional analytical, strategic, and critical thinking skills with ability to break challenges into component parts is critically important.
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Strong diligence and ability to distill and convey complex ideas with ease (verbal, written, and visual/graphical)
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Well-developed listening skills and proven ability to engage with senior leader at all levels.
Education:
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Minimum bachelor’s degree: MBA/advanced degree is a plus.
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Job Family Group:
Finance
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Job Family:
Balance Sheet Management
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Time Type:
Full time
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Primary Location:
Long Island City New York United States
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Primary Location Salary Range:
$170,880.00 - $256,320.00
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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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