IL Digital Initiatives Manager (INV21-1010)

24 Nov 2024

Vacancy expired!

Job Description (INV21-1010)Job Title: Balance Sheet Management, Senior Lead AnalystBusiness: FinanceDivision: Citi Treasury: Intraday Liquidity ManagementGrade/Level: Director/C15Reporting to: Head of Intraday Liquidity (Jerry Olivo)Group Manager: Head of Intraday Liquidity (Jerry Olivo)Location: New York, NYGroup DescriptionCiti Treasury safeguards the balance sheet, capital, and liquidity of Citigroup while providing oversight of liquidity, interest rate and currency risks. Payments, clearing and settlement (PCS) solutions provided by Citi business lines to institutions and individuals requires the firm to maintain sufficient liquidity during operating hours to ensure the timely completion of those services. Intraday liquidity (IL) management activities and resources bridge timing gaps between client funding activities and Citi’s completion of those PCS activities on behalf of those clients.Several treasury functions work with each other as well as business partners to ensure those resources are available to meet client needs and to support an orderly market for these systemically important processes. The Intraday Liquidity team within Treasury leads the firm’s Intraday Liquidity Target State Working Group and its program teams. The team also leads ongoing development of IL strategy and its operating framework. Its emphasis is oriented towards realizing commercial opportunities in a sound manner. Objectives of the team and the working group include optimization of existing practices as well as proactive preparation for market changes including instant, 24/7 payment processes as well as cash and securities digitization solutions.Scope of ResponsibilitiesThe successful candidate will demonstrate a broad understanding of IL management practices and a comprehensive understanding of payments, securities settlement and clearing services activities. The candidate will have had exposure to the changing nature of payments and asset settlement processes around the world as well as the market drivers that influence PCS offerings and corresponding liquidity usage. Those drivers include instant payments, other digital currency initiatives including stable coins and tokens, as well as development of digital securities settlement processes and multi-asset ledgers.This position will work with business partners to identify the impacts of implementing various use cases for these emerging solutions upon Citi’s structural and regulatory liquidity positions during traditional and extended operating hours. Additionally, this position will assess required changes to the liquidity management infrastructure and end-to-end management process. Analytical experiences should highlight the candidate’s ability to diagnose issues and identify opportunities within a dynamic environment. This role will be instrumental in developing and representing Citi’s readiness to all stakeholders, including senior management and regulators.Primary responsibilities include:Contribute to the redesign and implementation of a new IL operating model across locations in order to accommodate instant payments, accelerated asset settlements and continuous (24/7) client delivery

Identify IL measurement, monitoring and control processes and systems requirements necessary to support the new operating model

Establish related technology priorities with partners based upon commercial priorities

Lead new product reviews for IL impact and risk assessment, limit requirements and controls

Monitor industry developments impacting PCS practices and evaluate potential for IL impacts

Create and standardize liquidity analytics that identify specific use case sources and uses of IL

Contribute to the redesign and implementation of a new IL operating model across locations in support of instant payments, accelerated asset settlements and continuous (24/7) client solutions

Monitor industry developments impacting PCS practices and evaluate potential for IL impacts

Qualifications include:Minimum 8-10 years’ experience in Treasury liquidity management and/or PCS product management roles, including at least 3 years of direct involvement with intraday liquidity management

Digital cash and securities product development and related technology planning experience preferred

Broad understanding of liquidity metrics, analytics and regulation

Leadership skills in situations where one must influence others without having direct supervisory authority

Demonstrated ability to concisely communicate analytical objectives, observations and relevance of findings in written, visual (graphical) and verbal form

BS in Finance, Economics, Accounting, Engineering or Math, MBA preferred Collaborative orientation along with desire to interact with colleagues at all levels

Proficiency with analytical software tools as well as PowerPoint

Job Family Group:FinanceJob Family:Balance Sheet ManagementTime Type:Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Effective November 1, 2021, Citi requires that all successful applicants must be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Full-time
  • ID: #23436185
  • State: New York Queens 11692 Queens USA
  • City: Queens
  • Salary: USD TBD TBD
  • Showed: 2021-11-24
  • Deadline: 2022-01-24
  • Category: Et cetera