Citi Group CTI - Central Funding Desk Global USD Leader C15 New York 

United States, New York, New York 

343854889

Responsibilities

Central Funding Desk (CFD) is responsible for executing daily funding trades to transfer cash and liquidity between different legal entities. The desk also manages third party derivatives execution to reduce the firm’s USD interest rate and basis risks.

The USD Funding Director (C15) will serve as the Head of Global USD Funding Hub and manage a team of eight people in New York, London, Delaware, and Puerto Rico (Latam funding hub). The responsibilities will include but not limited to:

Funding and Liquidity Management:

• Oversee the team’s daily execution of intercompany funding activities for 30+ legal entities in New York, London, Delaware, and Puerto Rico
• Supervise the team’s other trading activities including Fed Funds trades in New York and US Treasury Bill portfolio in Puerto Rico
• Lead the monthly USD funding meeting to review USD Funding and Transfer Pricing (TP) activities by New York Markets Treasury
• Oversee the team’s execution of PBWM’s non-USD funding trades with London Markets Treasury on behalf of the business

Interest Rate Risk & P&L Management

• Coordinate with regional funding hubs to support local hedging needs
• Review risk and P&L of CTI’s USD money market and bond transactions
• Monitor non-USD Central Bank Balance management process in EMEA

Legal Entity Funding Flow Review:

• Review and optimize intercompany funding and liquidity flows consistent with the overall balance sheet and liquidity objectives
• Conduct ongoing review of intercompany funding flows between different legal entities by partnering with LE Treasury

Policy & Control

• Conduct review of trade blotters and control checklist to ensure trades were executed in line with relevant policies and control framework
• Perform a regular review of intercompany pricing between different legal entities to ensure trades were executed at arms’ length levels and met the 23A/B documentation requirement if applicable
• Review and approve ICEC (Intra-Citigroup Extension of Credits) limits for intercompany trades

Project Management & Coordination

• Provide leadership and analytical support for ongoing balance sheet, regulatory and technology projects including Puerto Rico Tax Initiatives, Off-shore hedges in Citi FTP, among others
• Review any strategic booking initiatives and/or projects impacting CTI on an as needed basis

Market Intelligence & Strategy Definition

• Gather market intelligence and formulate balance sheet management strategies
• Participate in weekly market meeting discussions on market flows, fundamental & technical factors, risk positions, regulatory impacts, and portfolio strategy decisions

Qualifications

• BA/BS in Finance, Business or Economics
• CFA, MBA degree or other advanced degree, a plus
• 10 or more years of experience in Financial Services
• Treasury experience in balance sheet management and funding preferred
• Fixed income portfolio management and interest rate risk management skills preferred
• Prior work experience with different Citi organizations and functions is preferred
• High level of analytical, modeling capabilities and project management skills
• Proficient with Microsoft Excel, Access, VBA and Python helpful

Anticipated Posting Close Date:

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