Capital Planning and Management is a division that (i) owns the enterprise-wide capital planning and management processes for Citigroup and its legal entities, and (ii) ensures integrity and efficiency of Citigroup and CBNA capital profiles, on both an actual and forecasted basis, across the capital continuum ranging from BAU through simulated stress environments consistent with CCAR and QMMF (Quarterly Multi-Year Multi-Scenario Forecasting) assumptions.
Capital Planning and Management organizes and manages the enterprise's capital planning and management processes which inform the Strategic Plan. The role is fundamental to ensuring the safety & soundness of Citigroup and the financial system in the US and globally and therefore also plays a key leadership role in the enterprise's Recovery & Resolution Planning. All enterprise decisions material generating a return, affecting risk appetite and risk levels, maintaining Capital levels are within the remit of this leader's role at Citigroup. Key areas of focus include the following:
Capital Planning
Manage the design and execution of Citigroup's, Citibank N.A. (CBNA)'s, and other regulated entities' data concern and remediation management process for RWA and capital actions (e.g., dividends and buybacks), including data inputs and outputs used in:
Determination of capital targets (e.g., Target CET1 ratios) including calibration of components such as Stress Loss Risk Appetite and Management Buffers
Forecasting of Risk Weighted Assets (for Advanced and Standardized Approaches), capital levels and associated capital ratios
Requires engagement with the Controller, and extensive engagement with the controller team responsible for calculating and reporting RWAs
Determination of proposed dividends and buybacks, including dividends from subsidiary Citi and CBNA entities
Capital Management
Manage data processes impacting RWA and/or buybacks/dividends to ensure Citigroup, CBNA, and other regulated entities use correct data to meet all required capital targets, including
Establishing RWA and GSIB capacities and guidelines consistent with required capital targets
Monitoring business- and firm-level adherence to such capacities/guidelines through appropriate governance forums
Identifying need for changes to such capacities/guidelines due to changes in market/competitive/other factors
Recommending and gaining approval for any such changes through appropriate governance forums, Ensuring compliance with such targets for month and quarter end periods
Stress Testing
Manage design and execution of data processes related to the ICAAP and Quarterly Multi-Quarter, Multi-Scenario Forecasting (QMMF) process that includes:
Determination of scenario objectives and design
Design and development of CCAR/QMMF models and associated infrastructure, process and controls
Execution of forecast calculations including associated review, challenge and governance
Analysis of key risk drivers and determination of implications for balance sheet composition and business and risk management
Responsibilities :
Contributes to setting of strategic direction for capital planning and management data processes, organization and architecture from the perspective of capital planning covering Finance across Citi businesses, products, functions and locations
Assists in the execution of forecasting and stress testing production process including tracking progress against deliverables and solving data concerns before they become material issues
Supports the team's analytical capabilities including in-depth financial analysis, key risk drivers and sensitivity analysis, and determination of implications for capital, balance sheet composition, and liquidity profile
Participates in assessing relevant processes and ensure appropriate existence and effectiveness of controls
Involved in remediating outstanding Regulatory, Risk Management, and Audit Issues
Deals with most problems independently and has some latitude to solve complex problems
Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices
Applies analytical thinking and knowledge of data analysis tools and methodologies
Implements work flow or process change and redesign, and uses a thorough comprehensive knowledge of the specific function
Performs other duties and functions as assigned
Qualifications:
2-5 years relevant experience
Foundational knowledge of banking products / systems
Foundational knowledge of the different systems, theories and practices relevant to a function as well as practical experience of multiple business cycles.
Excellent communication skills required in order to influence a wide range of audiences.
Able to navigate through a large organization to streamline and summarize multiple information points and create repeatable processes to build consistency in presenting information.
Strong technical problem-solving skills and an ability to identify conflicts, discrepancies and other issues and bring together the right team to solution them.
Strategic mindset, ability to plan ahead to future possibilities and translate them into breakthrough strategies.
Ability to manage competing priorities and tasks in a complex and dynamic and work well as part of a team.
Education:
At a minimum, a Bachelor's degree from a recognized higher education institution
Job Family Group:
Finance
Job Family:
Capital Planning and Management
Time Type:
Full time
Primary Location:
615 S COLLEGE STREETPrimary Location Full Time Salary Range:
$78,990.00 - $110,210.00
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:
May 29, 2025
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.