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Citi Group ICAAP Manager – Tier Entities 
Hungary 
806000428

28.06.2024

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.

As a senior professional you will be responsible for driving the oversight of ICAAP submissions for the Internationally regulated Material Legal Entities. You will take responsibility for the oversight of ICAAP outcomes and play a key role in identifying thematic optimization opportunities as it relates to the production process, quantitative modelling outcomes, controls and US prudential alignments. 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 activity for all entities. Identify any potential read-across benefits to the capital management framework in the ordinary course of business.

What you’ll do

Strategic Support

  • Operate with independence in collaborating across functions, legal entities and regulatory jurisdictions in identifying thematic opportunities to improve Citi’s capital efficiency around the Internationally Regulated Entities.

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

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

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

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 ICAAP delivery

  • 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

  • Ability to understand and challenge base and stress balance sheet, P&L and Pillar 1 and 2 risk numbers, capital planning and balance sheet modelling, risk appetite and reverse stress testing.

  • 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 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

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

Balance Sheet Management


Time Type:

Full time

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