Expoint - all jobs in one place

The point where experts and best companies meet

Limitless High-tech career opportunities - Expoint

Citi Group Director Regulatory Risk Sr Officer II Hybrid 
United States, New York, New York 
144048433

30.08.2024

The Finance Chief Risk Office (“FINCRO”) organization is responsible for second-line oversight of regulatory capital management, including the measurement and reporting of spot regulatory capital and risk weighted assets (“RWA”). FINCRO’s oversight of spot RWA and capital measurements includes both

ex-ante
and
ex-post
independent review and challenge of Citigroup’s regulatory capital calculation and reporting processes and capital planning processes. FINCRO is an integral part of the Independent Risk Management function of Citigroup.

The Basel RWA Specialist will report to the Head of CIAT, a Managing Director, and will act in a leadership role during the review and challenge of capital analyses and RWA treatment conclusions for new products and complex transactions.


Key Responsibilities:

  • Senior member of the CIAT team which provides independent review and challenge of regulatory capital technical interpretations including the publication and maintenance of Basel Interpretive Policy Manuals, prepared by RCPG for application by Citigroup firm-wide.
  • Provide subject matter expertise across a range of Basel exposure/product types during the review and challenge of regulatory capital technical interpretations proposed by the first line of defense under the Basel III rules and the proposed Basel III Endgame enhancements.
  • Depending on the degree of expert knowledge in specific product areas, the role may specialize as the CIAT lead for a Basel exposure type.
  • Within and across Basel exposure types, lead the second line of defense (i) review and approval process with respect to the proper regulatory capital interpretations and RWA treatment of complex financing transactions, which are often cross-border in nature, and (ii) determination of risk mitigation benefits.
  • Active participate in the new product review and approval process, responsible for regulatory capital determination across a wide range of credit products and complex transactions globally.
  • Interact confidently with CIAT and other FINCRO staff members, RCPG, Capital Controllers, Credit Risk Management, Market Risk Management, Accounting Policy, Legal and Business units.

Qualifications:

  • Excellent academic record preferably in finance or accounting. Masters or equivalent degree is preferred, but outstanding candidates with a Bachelor’s degree will be considered.
  • Minimum of 15 years of relevant industry experience is required.
  • Expert knowledge of U.S. Basel III Risk Weighted Assets (RWA) regulations is required.
  • Experience evaluating complex transactions with ability to deconstruct structures and apply judgement to draw proper regulatory capital treatment conclusions when the US Basel III rules are not prescriptive/clear.
  • Keen interest in banking and finance, especially in the field of risk and capital management.
  • Strong analytical skills and attention to detail.
  • Excellent communication skills with ability to articulate complex concepts and translate them into "user-friendly" language.
  • Experience in working with cross-functional, diverse, global teams and ability to manage through influence and collaboration.
  • Proven track record of delivering results as a member of collaborative team in a complex environment.
  • Education:
  • Bachelor’s/University degree, Master’s degree preferred.

Risk ManagementRegulatory Risk

Full timeNew York New York United States$170,000.00 - $300,000.00


Anticipated Posting Close Date:

Aug 24, 2024

View the " " poster. View the .

View the .

View the