LATAM Liquidity SVP

Company: Citi
Location: Fort Lauderdale
Posted on: January 26, 2023

Job Description:

The Balance Sheet Mgmt Sr Ld Anlst is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

Responsibilities:

• Contributes to the governance of funding, investing and analytics of the balance sheet. This includes
• Participates in managing liquidity and interest rate risk, the capital/legal entity structure and capital planning as well as managing rating agency relationships.
• Involved in capital markets activities including commercial paper and securitization; liquidity, accrual risk oversight and transfer pricing.
• The position will require both individual analytical work as well as partnership across teams to identify solutions to business inquiries in a timely manner and own the implementation / execution steps to autonomousl drive open issues to completion.
• Directs project prioritization, platform direction, and future state planning and strategic direction.
• Exposure into various facets of Risk and Finance Processes within Citi; interacting with various levels within the organization.
• Performs other duties and functions as assigned
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. Qualifications:
  • 10 plus years of experience working for a financial services organization
  • Experience with effectively analyzing Actual and Forecast results with a comprehensive knowledge of Transfer Pricing and other Intercompany items
  • Thorough knowledge of key Interest Rate Risk metrics (IRE, EVS) , working knowledge of Citigroup Financial Systems (PEARL / GENESIS / Etc.)
  • Proficiency with standard analysis tools (Excel / Access / SQL)
  • Excellent written and oral communication
  • Demonstrates thorough knowledge fundamental Balance Sheet and P&L Education:
    • Bachelors degree, potentially Masters degree 1) Support Latam Treasury Liquidity head, Country and Cluster Treasurers as well as Regional CFO and Treasurer with analytical input for the liquidity management of the Latam region. Ensure region liquidity levels within country balance sheets under both short and long-term internal and regulatory metrics are within pre-determined limits and triggers. Collaborate with LATAM Country Treasurers to discuss and execute any necessary corrective actions.
      2) Maintain Oversight and Control of established assumptions prescribed by liquidity policy for key liquidity metrics; identify any gaps in conceptual methodology oversight on model/methodology implementation including timelines and related adjustments. Support the preparation of the business requirement documentation and take part in user acceptance testing.
      3) Oversight of LATAM countries' Funding and Liquidity plans and Contingency plans, aligned with countries liquidity needs and market conditions. Support countries on forward-looking exercises to estimate required levels of liquidity to accommodate franchise and balance sheet objectives.
      4) SME Leader of the regional implementation of the global initiative to enhance Citi's key liquidity stress tests to a target state, which is in line with industry best practices, meets regulatory requirements, internal risk standards and optimizes Citi's key business objectives, consistent of
      i. Strategic re-design of Citi's Internal Liquidity Stress Test (ILST/TLST) models followed by implementation in single strategic reporting platform. This will comprise of the definition of scenario and identification of severity enhancements, implementation of the conceptual framework including product level segmentation and assumption impact analysis for individual countries and LATAM as a Region
      ii. Address management, government and policy changes associated to such global initiative, including local ALCOs and Local regulator's communication, limit and triggers changes and enhancements as well support FRSS reporting coverage
      5) Liaison with Finance and Risk Shared Services (FRSS Liquidity Reporting) team on monitor daily and monthly liquidity reports, support the development and implementation of best practices around the governance of the reporting as well as the preparation of analytics information to drive value-added to countries and regional teams covering current S2 and RLAP reports, as well as new TLST metric
      6) Enhance Local liquidity metrics management, aligned with Local and US Regulatory expectations, including tracking, controls, oversight and management
      7) Lead Liquidity reporting and discussions on Regional ALCO, supporting Regional Treasury by escalating treasury issues related to the region Balance Sheet, Liquidity, Capital and Interest Rate Risk.
      8) Support Regional and Global Treasury on key and strategic projects. Handle ad-hoc initiatives, projects and requests related to treasury liquidity, data quality enhancement, funding and balance sheet management, aligned with Cluster and Country Treasurers
      9) Other activities include leads team decisions including project prioritization, platform direction, and future state planning and strategic direction. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
      
      Qualifications:
      • 8+ years of work experience in Corporate Treasury, Finance, Markets/Treasury products, or financial and banking experience
      • Experience on Regulatory and Corporate Liquidity Risk management as well as Liquidity Reporting are highly desirable
      • Broad understanding of regulatory bank interest rate and liquidity management policies
      • Excellent analytical and data management skills, including Microsoft Office (Excel, PowerPoint). Piton and Power BI are a plus
      • Proven execution abilities and proficiency at managing multiple deliverables, projects and work streams
      • Ability to collaborate within a team, diligent and organized.
      • Must have advanced analytical skills but also the ability to see the big picture
      • Excellent written and oral communication and interpersonal skills are imperative i.e. ability to make complex subjects easily digestible for senior management.
      • Ability to multitask in a fast-paced environment Ability to interact with all levels of management Must be a team player and maintain active communication with a large number of partner teams across the region
      • Spanish and/or Portuguese are a plus Education:
        • Bachelor Degree in Accounting, Finance, Business Administration or related field. MBA is a plus
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          Job Family Group:
          
          Finance -
          
          Job Family:
          
          Balance Sheet Management
          
          Time Type:
          
          Full time
          
          Primary Location:
          
          Miami Florida United States
          
          Primary Location Salary Range:
          
          $135,550.00 - $203,330.00
          
          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
          
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          Effective November 1, 2021 . click apply for full job details

Keywords: Citi, Fort Lauderdale , LATAM Liquidity SVP, Accounting, Auditing , Fort Lauderdale, Florida