**Overview:**
The individual will work in the Global Liquidity Management (GLM) team within Citi Treasury Global Function. The team is responsible for establishing the framework for sizing liquidity requirements, including the internal stress testing framework and interpreting regulation in conjunction with other stakeholders within and outside Citis Treasury function, providing liquidity oversight to Citis global entities, and ensuring that Citi maintains adequate liquidity appropriately positioned to meet the companys global needs both in normal market conditions as well as during periods of stress.
The Liquidity Controllers team within GLM leads the firms liquidity regulatory reporting oversight and initiatives as well as liquidity issue management. The team will focus primarily on the FR 2052a report and all related aspects including (1) development and maintenance of regulatory interpretations; (2) liquidity regulatory reporting implementation logic; (3) FR 2052a reporting oversight; (4) risk-based transaction testing; (5) liquidity data management including data requirements and issue management; and (6) control frameworks and policies/standards related to liquidity regulatory reporting.
**Scope of Liquidity Regulatory Implementation:**
Liquidity Regulatory Reporting Implementation will manage the implementation of Citis interpretations of the FR 2052a report and underlying frameworks, create and drive target state initiatives, projects and programs and represent Citis liquidity regulatory reporting implementation efforts across multiple stakeholders, including business, risk, functions, and regulators. The group will be a critical contributor in strategic projects supporting regulatory feedback and/or internal business developments and influence Citis data infrastructure. To this end, we are seeking a strong Financial Services leader (preferably at a major US Bank) with more than 8 years of experience in regulatory reporting or liquidity management cross-functional programs. Moreover, the preferred candidate will have:
+ An understanding of liquidity regulatory reporting interpretations and best practices that are the foundation of the FR 2052a report
+ Experience in Treasury, Controllers, Legal or a Business at a major financial institution
+ Exposure to the changing nature of liquidity regulation and ability to implement the interpretation of regulations into liquidity systems and design solutions specific to liquidity regulatory reporting (e.g. FR 2052a)
**Critical Responsibilities:**
+ Responsible for the implementation of liquidity regulatory reporting interpretations including FR2052a
+ Contribute to the team responsible for detailed product-specific analysis to support interpretations calibration which will require strong collaboration and engagement with partners across Business, Controllers, Legal, Treasury and Risk functions
+ Participate in committee discussions and working groups that would review and approve liquidity regulatory interpretation implementation
+ Make recommendations against liquidity regulatory reporting that may influence balance sheet and liquidity optimization across legal entities and businesses
+ Participate in the coordination and development of proofs of concept, including financial impact assessments, for liquidity regulatory reporting interpretation enhancements
+ Participate in the development of use cases to articulate new functional software needs and the roles of each class of application usage
+ Responsible for the documentation exercise of Business Requirements (BRDs) for liquidity regulatory reporting system enhancements
+ Support the testing strategy standards including User Acceptance Testing (UAT) reviews
+ Support the overall liquidity reporting change management process from data sourcing to report output, for both new reporting capabilities and existing capabilities undergoing enhancement
+ Implement the development of scalable solutions in anticipation of future regulatory reporting requirements
**Specialized Skills:**
The ideal candidate should have in depth knowledge of the FR2052a report, possess an eagerness to lead the work associated with regulatory reporting interpretation implementation, be a change-agent to effectively implement process improvements and help the team execute towards the target state. The candidate will need to have a solid working knowledge of regulatory reporting such as FR 2052a and liquidity concepts outlined in US Liquidity Coverage Ratio (LCR) and US Net Stable Funding Ratio (NSFR). The candidate must be a team player and collaborate across different levels and functions in the organization. The individual needs to be an innovative self-starter, with an ability to thrive in a fast-paced environment and effectively collaborate across levels in a matrices environment.
**Qualifications:**
+ 8+ years of regulatory reporting or liquidity management leadership experience, preferably in Legal, Controllers, Treasury or a Business with understanding of liquidity-based metrics, regulatory reporting, analytics, and regulation (US LCR, US NSFR, FR 2052a reporting)
+ Experience in a transformation environment including process and technology change management
+ Ability to work in a high-energy environment leading teams with daily duties
+ Ability to collaborate with various groups to reach resolutions
+ Willingness to take ownership and execute on deliverables
+ Strong analytical, strategic, and problem-solving skills with attention to detail
+ Strong communication skills (written and verbal) including tact, diplomacy and ability to influence other
+ Well-developed listening skills and ability to engage with senior leader at all levels
+ Minimum Bachelors degree; MBA/advanced degree is a plus
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**Job Family Group:**
Finance
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**Job Family:**
Balance Sheet Management
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**Time Type:**
Full time
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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
