Citi Treasury Risk Reporting Analyst - (Buffalo, NY) in Buffalo, New York
Primary Location: United States,New York,Buffalo
Education: Bachelor's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 16030926
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Proposition at http://www.citigroup.com/citi/about/mission-and-value-proposition.html explains what we do and Citi Leadership Standards at http://www.citigroup.com/citi/about/leadership-standards.html explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.
The Treasury Risk Reporting and Analysis team within Risk Architecture focuses on consolidating, analyzing and reporting accrual risk metrics for businesses throughout the firm. The team works with businesses, Risk Managers, and Finance to establish reporting requirements, develop the tools and analysis necessary to proactively identify and manage risk with respect to portfolios and products while continuously updating the process to reflect the current business structure. Accrual risk metrics include 48 Interest Rate Exposure (IRE), 4 Economic Value Sensitivity, Economic Risk Capital, OCI at Risk, and numerous Stress Scenarios.
The team is currently engaged in a multiyear, cross-functional effort to implement a new system to be the firm’s standard platform for interest rate risk measurement. This system will support more sophisticated and granular product models and dynamic forecasting of net interest revenue under different scenarios.
Prepare monthly presentations on consolidated accrual interest rate risk metrics for Citigroup ALCO, Citibank, N.A. ALCO, and Board of Directors meetings.
Identify potential process improvements and capabilities to increase consistency, transparency, and reliability of accrual interest rate risk reporting.
Ensure successful implementation of RUBY for consolidated accrual interest rate risk reporting, working with Risk Manager, Finance and Technology teams to identify data sources, ensure data accuracy and completeness, and explain differences between the current accrual risk measures and the dynamic interest rate risk measures in RUBY.
Engage with members of Treasury, ALM, Independent Market Risk and Finance to explain drivers of variances in interest rate risk measures on a weekly and monthly basis.
Build relationships with key internal and external stakeholders.
Provide ad-hoc support and analysis.
Ability to handle pressure to produce the reports accurately and quickly to meet tight deadlines.
Experience in the financial services industry a plus.
Ability to automate processes; e.g. excel based spreadsheet modelling and VBA (SQL, Python, JAVA, Unix a plus)
Solid analytical skills (Bachelors in concentration with analytic focus, e.g. business, finance, economics, etc.), working towards a CFA, FRM or MBA a plus.
Demonstrated ability for problem solving, independent work and attention to detail.
Highly motivated with the ability to multi task productively.
Must be a team player with strong written, verbal, and interpersonal skills