This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
The Non-Trading Market Risk Senior Officer (SVP, C14) is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically, a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.
Job Responsibility
Oversee and challenge first-line-of-defense FX hedging activities for Citi’s Net Investment, non-US dollar sovereign bond investments, and their associated FX and interest rate hedges
Review and challenge first-line activities related to managing foreign exchange risk for Citi’s non-US dollar denominated debt and non-US dollar capital investments in major countries
Conduct independent analysis of FX markets for major countries, assessing central bank policies, fiscal policies, global trade flows, geopolitical events, and cross-asset class correlations
Monitor Available-for-Sale (AFS) and FX hedging transactions executed by the first line of defense
Ensure risk metrics are appropriate to effectively measure, monitor, and manage FX risks, and monitor reports of AFS activity provided to Senior Management and regulators
Maintain and enhance the scenario-based risk monitoring framework for all net investment hedge-related limits and Management Action Triggers (MATs)
Support cluster and country Markets Treasury, Corporate Treasury, and Controllers in the execution of new projects, such as FX hedging for M&A activities
Conduct periodic reviews of NTMR limits and MATs related to FX, in collaboration with Treasury
Review and challenge any changes to Portfolio-Based Hedging model inputs or assumptions that diverge from the approved Model Description Document (MDD) as provided by the first line of defense
Liaise with members of Risk Reporting/Risk Management, Finance, and Treasury to establish reporting requirements and develop the tools, analysis and reporting necessary to proactively identify and manage risk with respect to portfolios and products, and continuously update the reporting process to reflect the current business structure
Assists in completing ongoing / daily treasury-related tasks, projects, and analyses
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency
Extensive Treasury, Finance, Risk Management, and/or Audit experience relevant to Asset Liability Management and Balance Sheet Management, preferably gained within a U.S. G-SIB
Excellent communication and presentation skills
Ability to collaborate effectively through interactions with Treasury and Independent Risk
Thorough understanding of risk methodologies, relevant regulatory requirements, and governance control processes for independent risk management of Non-Trading Market Risk activities