Capital Management Lead Analyst, Assistant Vice President

Citigroup Inc.; City Of London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A global financial institution in London is seeking a candidate for its Capital Planning and Management team. The role involves managing planning processes, forecasting Risk-Weighted Assets, and collaborating across teams. Candidates should have a Bachelor's degree and strong analytical and communication skills. This position offers a competitive salary, a hybrid work model, and generous benefits including private medical insurance and a discretionary bonus.

Benefits

Generous holiday allowance starting at 27 days

Performance-related bonus

Private medical insurance

Employee Assistance Programme

Pension Plan

Paid Parental Leave

Special discounts for employees

Access to learning resources

Qualifications

• Foundational knowledge of banking products and systems.
• Ability to navigate a large organisation.
• Manage competing priorities in a dynamic environment.

Responsibilities

• Manage design and execution of planning process for Risk-Weighted Assets.
• Collaborate with the Controller for calculating and reporting RWAs.
• Forecast Risk Weighted Assets and capital levels.

Skills

Analytical skills

Problem-solving skills

Communication

Technical problem-solving

Strategic mindset

Education

Bachelor's degree in Finance, Accounting, Business or related field

Job description

Overview

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.

Responsibilities

• 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.

• 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.

• 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.

Education and 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.