The BSM NTMR Manager exhibits in-depth understanding of bank balance sheet management and optimization, balancing financial resources among different competing priorities and how other Non-Trading Market Risk such as FXRBB, Commodity/Equity/CSRBB risk and OCI capital at risk and allocation of cash into debt investment securities contribute to achieving Corporate Treasury’s balance sheet optimization objectives and Citi’s strategic goals. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. The role is responsible for executing functional strategy in the designed area. Determines approach to implementing functional strategy. Impact reflects strategic influence on the business and interaction with other functions or businesses.
Responsibilities:
- Contribute to BSM’s management process by providing key analytical insights across BSM functions with a primary focus on asset allocation for debt investment securities, FXRBB/ Commodity/Equity/CSRBB risk. Provide leadership, market experience, and subject matter expertise for enhancing BSM’s analytics and methodologies and establishing Citi's first-line NTMR management framework (Policy/Standard/Procedures, models, methodologies, reporting, controls, processes, analytics, data and documentation).
- Align governance and management framework, procedures and controls for all legal entities that have OCI Risk, FX risk k, commodity risk, credit spread risk in the Banking Book. Liaise with businesses, legal entity treasury, CTI and Markets Treasury, and Controllers teams to ensure both an understanding and the ability to manage other non-trading market risks.
- identify and remediate gaps in other non-trading market risk (excl IRBB) as required by Tier 1 regulations and help to remediate regulatory/audit self-identified issues concerning other non-trading market risks in the banking book and achieve target state framework. Interact with 2nd line FinCRO function, regulators, senior management and Non-Traded Market Risk governance committees.
- Develop, manage, and retain talent with extensive leadership experience demonstrated through empowerment, situational awareness, increasing transparency and conflict resolution on large-scale programs and data transformation.
Qualifications:
- 10 - 15 years experience in Financial Services, Treasury, and bank global liquidity investment portfolio with 10+ years of managerial and market experience required
- Deep subject matter expertise in debt investment securities and non-trading market risk such as FXRBB, commodity risk, private equity risk and CSRBB
- Strong understanding of regulatory, compliance, risk management and financial management, and data governance concerns
- Strong understanding of Bank ALM, Capital, and Liquidity considerations
- Extensive experience in debt investment securities analytics, measurement, metrics and methodologies
- Experience in stakeholder management to achieve a complex rollout across many functions, time zones, systems
- Proven ability to lead and direct a diverse team in different time zones and locations
- Demonstrated ability to collaboratively solution complex and dynamic processes
- Proven ability to work under pressure in ambiguous environments
- Demonstrated ability leading the development of management framework
- Excellent oral and written communications skills; Previous experience interacting and working with Executive Leaders
- Experience leading an organization through significant change covering strategy, operations, process, structure, culture and behavior, ranging from operational change management to business-wide transformation.
- Demonstrates a sense of urgency, passion for results and personal accountability for achievement
- Proficient with power point and Bloomberg and other fixed income analytical tools
Education:
- Bachelor’s degree in finance or other business related field of study required
- Advanced degree a plus
------------------------------------------------------
Job Family Group:
Finance
------------------------------------------------------
Job Family:
Balance Sheet & Balance Sheet Attribution Management
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Primary Location:
New York New York United States
------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
------------------------------------------------------
Anticipated Posting Close Date:
Feb 13, 2025
------------------------------------------------------
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.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Citi Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.
-
Healthcare Strength — Benefits coverage is positioned as comprehensive, including health, dental, and vision insurance plus on-site clinics, prescription drug support, and disability coverage. Family-building support such as fertility assistance is described as a notable differentiator within the overall package.
-
Retirement Support — Retirement benefits are framed as strong, highlighted by a 401(k) with matching and additional plan options like a Roth 401(k). Financial support is reinforced through discounts and broader financial guidance resources tied to the benefits ecosystem.
-
Wellbeing & Lifestyle Benefits — Wellbeing support extends beyond insurance through programs like an Employee Assistance Program, counseling/legal resources, and gym or wellness reimbursement. These offerings increase the perceived total rewards value even when cash compensation sentiment varies by role.
Citi Insights
Similar Jobs
What We Do
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
