Citigroup - Long Island City, NY

posted 4 months ago

Full-time - Senior
Long Island City, NY
Credit Intermediation and Related Activities

About the position

The Fin Solutions Sr. Lead Analyst will play a crucial role in supporting the day-to-day functions of the Risk-Weighted-RWA Controllers (RWAC) Cross Assets Aggregation (CAA) within the Capital Controllers Group (CCG) in Finance. This position is primarily focused on internal management reporting and regulatory reporting related to risk-weighted assets (RWA), along with all associated activities that ensure compliance with regulatory standards. The analyst will be responsible for compiling and reviewing various RWA management reports on a weekly, monthly, and quarterly basis, which includes earnings release estimates. This task will be coordinated with exposure leads, the production team, Technology, Risk, and the Global Regulatory Reporting team to ensure accuracy and timeliness. In addition to reporting, the analyst will assist with regulatory reporting related to risk-weighted assets and leverage exposures, ensuring that results reported in quarterly filings comply with US rules and reporting instructions. This involves performing mapping assessments to generate RWA and leverage exposure results, as well as preparing the necessary regulatory reports. The role also includes conducting variance analyses, metric reporting, and addressing requests from internal stakeholders, including audit and validation teams, as well as regulators. The analyst will provide support for various enhancements and the implementation of new requirements, ensuring that all processes align with the firm's standards and regulatory expectations. Furthermore, the analyst is expected to appropriately assess risk when making business decisions, demonstrating a commitment to the firm's reputation and safeguarding Citigroup, its clients, and assets. This includes driving compliance with applicable laws, rules, and regulations, adhering to policy, and applying sound ethical judgment in personal behavior and business practices. The role may also involve escalating, managing, and reporting control issues with transparency, ensuring that all actions taken are in the best interest of the organization and its stakeholders.

Responsibilities

  • Compile and review the weekly/monthly/quarterly RWA management reports, including earnings release estimates, in coordination with exposure lead, the production team, Technology, Risk, and the Global Regulatory Reporting team.
  • Assist with regulatory reporting related to risk-weighted-assets and leverage exposures to ensure results reported in the quarterly filings are in compliance with the US rules and reporting instructions.
  • Perform mapping assessments in generating RWA and leverage exposure results as well as the regulatory reports.
  • Assist with variance analyses, metric reporting, and requests from internal stakeholders including audit/validation teams as well as the regulators.
  • Provide support for various enhancements and implementation of new requirements.
  • Perform other duties and functions as assigned.
  • Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets.

Requirements

  • 10+ years of experience within the financial services industry.
  • Knowledge of capital requirements and RWA calculations highly preferred.
  • Experience in regulatory reporting (FFIEC 101, FFIEC 031, Y9C, Pillar 3).
  • Experience in internal management reporting.
  • Ability to manage competing priorities in a complex and dynamic environment.
  • Strong communication skills to guide and influence others.
  • Highly numerate with an attention to detail and accuracy.
  • Self-motivated with the ability to make decisions in the absence of detailed instructions.
  • Advanced Microsoft Office skills.
  • Knowledge of financial products.
  • Bachelor's degree.

Benefits

  • Medical, dental & vision coverage
  • 401(k)
  • Life, accident, and disability insurance
  • Wellness programs
  • Paid time off packages including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
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