Job Opening: FP&A Group Manager - SVP, Model Development

Company
Citigroup
Location
New York, NY
Posted on
May 21, 2024

Group Responsibilities :

The modeling team within Citigroup’s Corporate Financial Planning and Analysis team is responsible for: Developing, implementing, and maintain the models that support Citi’s Balance Sheet and Income Statement forecasting

  • These models are used by Citi’s Business and Finance teams to support their Planning processes, and are used directly as forecasting tools for the bank’s CCAR PPNR processes

  • These models are used by Citi’s Interest Rate Risk Management function, including supporting the Funds Transfer Pricing framework, in the management of the bank’s interest rate risk

  • The common structure of these models is that they translate projections of economic environment scenarios into forecasts for Citi’s Balance Sheet and Income Statement

The candidate’s job responsibilities include :

  • Support the model development process by assisting developers with data sourcing, and program managing delivery of models for the forecasting of Citi’s Balance Sheet and Income Statement, for use in Citi’s business planning processes, risk management processes, and for regulatory-based stress testing processes

  • Project manage delivery of next-gen models and ensure that risks are highlighted and mitigated on time

  • Manage the engagement with all stakeholders including but not limited to partners in Finance, Risk, Technology etc.,

  • Ensure that model development process is well-governed with the right set of controls

  • Support the documentation for use during reviews with senior management, model validation, Citi’s business and functional teams, internal/external audit, and regulatory agencies (e.g., Fed, OCC, FDIC)

  • Partner with the model development team’s more senior modelers to establish partnerships with Citi’s business leaders such that the development, implementation, and use of developed forecasting models, ensures the appropriate design and use

  • Actively participate in the timely, efficient, and accurate implementation of developed models, working closely with Citi’s Operations and Technology team

Qualifications :

  • Minimum 5 years of experience in program/project management in technology or model development

  • Experience participating in complex end-to-end projects (business requirements, data capture, model design, build, validation, implementation, and use)

  • Eagerness to learn about the relationship between the economic environment and the balance sheet/income statement

  • Excellent communication and interpersonal skills to allow collaboration with Citi colleagues

  • Bachelors degree required


Job Family Group:

Finance


Job Family:

Financial Planning & Analysis


Time Type:

Full time


Primary Location:

388 GREENWICH STREET - TOWER


Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

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.


Anticipated Posting Close Date:

Jun 30, 2024


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/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

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

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