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Citi Group VP Capital Planning Review - Recovery Resolution Hybrid 
United States, District of Columbia, Washington 
263016470

25.06.2024

CPRT - Recovery and Resolution Planning (RRP) VP is responsible for supporting independent review and challenge of the RRP workstream under the capital planning process, including Recovery and Resolution Plan submissions.

The role involves performing review and challenge, documenting and assisting in reporting results to senior management and communicating with Internal Audit. The CPRT – RRP VP is responsible for supporting credible evaluation of methodologies, results, governance and processes related to RRP; contributing to policy enhancement and potential future strategy of the overall approach to capital planning review and challenge.

The role requires good knowledge of regulatory requirements (Resolution Plan Final Guidance, SR 12-17, SR 14-8, 12 CFR Part 30 Appendix E), capital planning methodologies, governance and internal control processes, hands-on experience in foundational risk management (credit, market, liquidity or operational risk). Excellent written and verbal communication skills are required in order to provide effective review and credible challenge. The role may involve or be responsible for diverse (cross-discipline) activities as necessary.

Responsibilities:

  • Support the Review and Challenge Lead under the RRP workstream.
  • Attend and provide review and challenge during walkthrough sessions and document the results.
  • Support the review of Recovery and Resolution Planning related methodologies (e.g., Recovery triggers, scenario, actions; Resolution metrics, etc.) for conceptual soundness, fitness for purpose, completeness of identification of estimation approaches, completeness of identification of key assumptions.
  • Assess the appropriateness of rationale supporting key assumptions underlying the Recovery and Resolution Planning processes including sensitivity and impact analysis where applicable.
  • Assess the reasonableness of Recovery and Resolution key results including variance analysis and benchmarking against historical outputs.
  • Review and challenge the capabilities enabling the Recovery and Resolution Planning efforts including capabilities testing.
  • Prepare review and challenge templates in summarizing the review and challenge results.

Qualifications:

  • 5+ years of experience
  • Technical skills: hands on experience with Recovery and Resolution scenario design, Recovery action identification and impact assessment, Resolution Capital Adequacy Positioning and Execution Need (RCAP/RCEN) forecasts and RRP submission in line with regulatory frameworks including Resolution Plan Final Guidance, SR 12-17, SR 14-8, 12 CFR Part 30 Appendix E.
  • Highly motivated with attention to detail, team oriented, organized
  • Consistently demonstrates clear and concise written and verbal communication skills with the ability to articulate complex problems and solutions through concise and clear messaging
  • Demonstrates ability to assess complex issues through root cause analysis and other analytical techniques
  • Experience with and previous exposure to internal or external control functions and regulators
  • Ability to effectively challenge first line and escalate issues when appropriate
  • Strong verbal and written communication

Education:

  • Bachelor’s degree or equivalent experience, additional finance focused education or certification (e.g., CFA, CPA, FRM) beneficial
Regulatory Risk

Full timeNew York New York United States$142,320.00 - $213,480.00



Anticipated Posting Close Date:

Jun 06, 2024

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