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Head of FX Risk on the Banking Book Transformation

New York, New York| Charlotte, North Carolina

Job Type: On-Site/Resident

Job Req ID 24813852
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Overview

Citi is undergoing a Transformation to modernize and simplify the bank. We’re raising the bar and taking the opportunity to reevaluate the way we do business. This includes fostering a culture of curiosity and excellence and shifting our mindset to be simpler and data driven, making Citi an easier place to work and improving client experience. If you’re ready to be at the forefront of Transformation while taking your career to the next level, we invite you to come and join us!

Success Profile

As one of the world’s most global banks, Citi gives you the tools to make a difference. Through Transformation, we’re building the future of the bank and shaping the banking industry. Citi employs over 220,000 individuals located around the world, encompassing a broad range of teams, roles, cultures and backgrounds. Some of the skills that will make you successful in this role include:

  • Cross-Functional Collaboration

  • Credible Challenge

  • Risk Management

  • Data and Results Driven

  • Accountable

  • Adaptable

Responsibilities

Treasury Transformation within Finance is responsible to define, design, and manage the execution of change across organization, process, and systems required to support day-to-day Risk Management and reporting which span global Treasury groups, Finance functions, and technology. Treasury Transformation supports Citi's number one priority, Transformation. Transformation will allow us to better manage risk and implement controls, improve the quality of our data, create a culture of ownership and accountability and clarify roles across the firm. 

This role will report to the Head of Treasury Transformation and support Citi’s strategic initiative to define, develop and implement an enterprise-wide governance and management framework for the management of FX Risk on the Banking Book (FXRBB).  This multi-year effort will transform the firm’s current decentralized reporting and management construct into a centralized framework with comprehensive and consistent risk identification, reporting, and management with supporting procedures and controls.

Responsibilities:

  • Drive execution efforts in the FXRBB Transformation book of work to on-time completion
  • Engage with various stakeholders across Treasury and Citi to ensure project objectives are met and all required governance and oversight requirements are met
  • Execute against multiple contending priorities simultaneously
  • Proactively manage potential challenges to avoid developing into risks or issues
  • Produce and communicate status reports for Senior Management and Regulatory reviews
  • Engage with Finance COO and other internal stakeholders with regards to FXRBB Transformation efforts
  • Engage with IA on FXRBB related audits and transformation efforts
  • Identify processes for improvement and participate in process reengineering efforts
  • Utilize standard reporting processes

Qualifications:

  • 15+ years of relevant experience within the financial services industry required; 10+ years of consulting and/or Project/Program Management
  • In depth knowledge of banking products/systems and how FX risk impacts a bank
  • Exemplary written and oral communication skills required ability to synthesize key messages and "storytell".
  • Experience and ease in interfacing with Senior Management
  • Ability to see the "big picture" without losing attention to detail
  • Strong influencing, facilitation, and partnering skills
  • In-depth analysis with interpretive thinking will be required
  • Individual should be flexible, team-oriented, have good follow-up skills with strong attention to detail and ability to multi-task and dissect/solve complex problems
  • Advanced proficiency in Microsoft Office products, particularly Microsoft Excel, PowerPoint, and SharePoint
  • The candidate must be able to work with teams as well as independently in a dynamic, fast-paced environment.
  • This role requires multi-tasking, organization and the ability to quickly acquire and comprehend the required knowledge

Education:

  • Bachelors degree required, Masters degree a plus

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Job Family Group:

Finance

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Job Family:

Fin Solutions Dsgn & Implement

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Time Type:

Full time

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Primary Location:

New York New York United States

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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.

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Anticipated Posting Close Date:

Dec 26, 2024

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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

Apply Now

Success Stories

Usman B.

“By joining Transformation, you will be at the center of driving change at Citi. You’ll help us lay the foundation to make this a better place to work and do business by implementing sound risk and controls. This team will give you a launchpad of endless opportunities to grow as a professional and challenge yourself while working across various functions.”

Usman B.

Risk & Controls Transformation Lead
New York

Cynthia D.

“Citi hires people for their potential and not just their experience. This gives people, including myself, the opportunity to try different roles and explore new careers. Transformation at Citi is a new adventure and will challenge how we do things at Citi: with clients, with regulators and with our peers.”

Cynthia D.

Mexico Transformation Head

Dan F.

“Data Transformation is a great area to be a part of at Citi. Data is at the heart of our business and ensuring that our data is of good quality with clear ownership is imperative to our success.”

Dan F.

Data Operating Model and Governance Program Lead
New York

SHAHZAD A.

“This is an exciting area to work in at Citi! Being part of Transforming a 200+ year-old institution is a once in a lifetime opportunity. This is relatively new work, so not only you can learn new skills and get exposure, but you can play a pivotal role in shaping the Citi of the future.”

Shahzad A.

Data Tooling and Capability Head
Singapore

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