Capital Management Lead Analyst, Assistant Vice President

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi's Finance Team.

By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Capital Planning and Management is a division that owns the enterprise-wide capital planning and management processes for Citigroup and its legal entities, and ensures integrity and efficiency of Citigroup and CBNA capital profiles on both an actual and forecasted basis, across the capital continuum from BAU through simulated stress environments consistent with CCAR and QMMF assumptions.

What you'll do

Capital Planning and Management organises and manages the enterprise's capital planning and management processes which inform the Strategic Plan. The role is fundamental to ensuring the safety and 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 affecting return, risk appetite, risk levels, and capital maintenance are within the remit of this role at Citigroup.

Capital Planning

• Manage the design and execution of Citigroup's, Citibank N.A. (CBNA)'s, and other regulated entities' planning process for Risk-Weighted Assets (RWA) and capital actions (e.g., dividends and buybacks), including through the determination of capital targets (e.g., Target CET1 ratios) and calibration of components such as Stress Loss Risk Appetite and Management Buffers.
• Forecast Risk Weighted Assets (for Advanced and Standardised Approaches), capital levels and associated capital ratios.
• Collaborate with the Controller and the controller team responsible for calculating and reporting RWAs.
• Determine proposed dividends and buybacks, including dividends from subsidiary Citi and CBNA entities.

Capital Management

• Determine and execute actions impacting RWA and/or buybacks/dividends to ensure Citigroup, CBNA, and other regulated entities meet all required capital targets.
• Establish RWA and GSIB capacities and guidelines consistent with required capital targets.
• Monitor adherence to such capacities/guidelines through governance forums and identify when changes are needed due to market, competitive, or other factors.
• Recommend and obtain approval for changes through appropriate governance forums; ensure compliance with targets for month and quarter end periods.

Stress Testing

• Manage design and execution of ICAAP and Quarterly Multi-Quarter, Multi-Scenario Forecasting (QMMF) processes.
• Determine scenario objectives and design; design and develop CCAR/QMMF models and related infrastructure, process and controls.
• Execute forecast calculations with review, challenge and governance; analyze key risk drivers and implications for balance sheet and risk management.

Responsibilities

• Support analysis in forming strategic direction for capital planning and management processes across Citi businesses, products, functions and locations.
• Assist in forecasting and stress testing production processes, track progress against deliverables, and resolve concerns before they become material issues.
• Perform analytics including in-depth financial analysis, key risk drivers and sensitivity analysis, and determine implications for capital, balance sheet and liquidity.
• Carry out day-to-day assessment of processes and ensure effective controls.
• Assist in remediating Regulatory, Risk Management, and Audit Issues.
• Identify areas for process improvement and maintain a continuous improvement mindset.
• Apply disciplinary knowledge to contribute to new techniques and process improvements; integrate knowledge within a defined area.
• Perform other duties as assigned.

Qualifications

• Foundational knowledge of banking products and systems.
• Foundational knowledge of relevant systems, theories and practices with experience across multiple business cycles.
• Excellent communication skills to influence a wide range of audiences.
• Ability to navigate a large organisation to streamline and summarize information and create repeatable processes.
• Strong technical problem-solving skills to identify conflicts and coordinate cross-team solutions.
• Strategic mindset with the ability to plan ahead and translate into effective strategies.
• Ability to manage competing priorities in a dynamic environment and work well in a team.

Education

• At a minimum, a Bachelor's degree from a recognised higher education institution.
• Preference for a degree in Finance, Accounting, Business or related field.

What we can offer you

In the International and Legal Entity Capital Team, you will work with a team of professionals to drive efficiency across Citi's international capital investments. Examples include:

• Structuring Additional Tier 1 and Tier 2 capital instruments.
• Structuring intercompany guarantees and SBLCs to manage legal entity capital requirements.
• Developing country and entity return methodologies to improve management of investments.
• Developing analytics to support efficient legal entity capital portfolio management.

We work hard to have a positive financial and social impact on the communities we serve. We prioritise our employees and provide benefits to help them be well, live well and save well.

By joining Citi London, you will work in a business-casual workplace with a hybrid model (up to 2 days at home per week) and receive a competitive base salary, plus a range of benefits.

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretionary annual performance-related bonus
• Private medical insurance packages
• Employee Assistance Programme
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to learning and development resources

We are committed to ensuring our workplace is inclusive and welcoming for all employees.

Equality and inclusion information: Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.