Director, Financial Regulatory Rules Interpretation Principal, C15

CITI; New York (NY); On-site; USD 170,000 - 300,000; Full time

Job summary

An established industry player is seeking a Senior Basel Regulatory Capital expert to provide firmwide guidance on U.S. regulatory capital interpretations. This pivotal role involves collaborating with various departments to ensure compliance with Basel III regulations, reviewing technical memos, and advising on capital treatment during transaction structuring. The ideal candidate will possess extensive experience in regulatory capital, exceptional communication skills, and a deep understanding of financial products. Join a dynamic team where your expertise will shape the future of regulatory compliance in a fast-paced environment.

Benefits

Medical, dental & vision coverage

401(k) plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 15+ years of experience in U.S. Basel regulatory capital regulations.
• Ability to synthesize complex concepts for senior management.

Responsibilities

• Reviews and approves regulatory capital interpretation memos.
• Collaborates with stakeholders to ensure compliance with regulations.
• Leads regulatory capital training materials development.

Skills

U.S. Basel regulatory capital regulations

Regulatory reporting forms

Communication skills

Financial products knowledge

Technical problem-solving

Team collaboration

Education

Bachelor's degree in Finance or Accounting

Master's degree

Job description

The Financial Regulatory Rules Interpretation role is a Senior Basel regulatory capital subject matter expert position within the Regulatory Capital Policy Group (RCPG) and reports to the Head of RCPG. This individual provides firmwide U.S. regulatory capital guidance and interpretations for transactions, deal structures, products, or events (e.g., divestitures) based on the current U.S. Basel regulatory capital regulations. The individual has a high level of visibility within the organization by working closely with many partners across the organization such as Finance, Lines of Business, Risk, Legal, and Treasury.

Responsibilities:

• Reviews and approves comprehensive regulatory capital technical interpretation memos and discusses with Finance seniors and Risk second line of defense.
• Collaborates with key stakeholders across the organization (e.g., Risk Management, Accounting Policy, Legal, Product Control, Regulatory Reporting, and the businesses) to ensure proper due diligence of transactions from a U.S. Basel regulatory capital interpretive perspective.
• Advises the business on the regulatory capital treatment during the structuring phase of transactions and provide the U.S. Basel regulatory capital conclusions.
• Designated Lead for Basel interpretive policy manuals to ensure accuracy and compliance with U.S. Basel III regulations.
• Provides input to quality assurance and transformation teams, as necessary.
• Designated Lead for regulatory capital training materials.
• Reviews and approves Business Requirement Documents (BRDs) prepared and owned by Capital Controllers.
• Participates in cross-functional working groups supporting the day-to-day implementation of regulatory capital requirements.
• Reviews and approves ad hoc materials that may be presented to senior management, regulators, or others.

Qualifications:

• 15+ years of experience analyzing and interpreting U.S. Basel regulatory capital regulations and U.S. banking regulatory reporting forms and instructions.
• Ability to navigate through a large organization to promote and build consensus around interpretations and viewpoints.
• Exceptional oral and written communication skills, with ability to synthesize complex concepts and make accessible to senior management, and influence change through subject matter expertise and gravitas.
• Deep understanding of financial products, U.S. banking statutes, and U.S. banking agency regulations and supervisory oversight.
• Strong technical problem-solving skills and an ability to identify interpretive issues and bring together the right team to solution them.
• Ability to manage competing priorities and tasks in a complex and dynamic and work well as part of a team.

Education:

• Bachelor's/University degree in Finance or Accounting, Master's degree preferred.

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Job Family Group:

Finance

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Job Family:

Financial & Regulatory Rules Interpretations

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Time Type:

Full time

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Primary Location:

Long Island City New York United States

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

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.

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Anticipated Posting Close Date:

May 07, 2025

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