Global Capital Strategist for International Entities

4 weeks ago


London, Greater London, United Kingdom Citi Full time
Job Description

Citi is seeking an experienced Global Capital Strategist to join its International Entity Capital Management team, part of Group Treasury. This role offers a unique opportunity to shape the outcomes for Citi's largest and most sophisticated internationally regulated legal entities.


In this position, you will drive the oversight of ICAAP submissions for Internationally Regulated Material Legal Entities. You will also provide expert guidance on policy interpretation, best practice, training, and leadership to the wider team as it relates to Global ICAAP activity for all entities. Identify potential read-across benefits to the capital management framework in the ordinary course of business.


The International & Entity Capital Management team will work closely across International Treasury, other Finance and Legal Entity (LE) teams to drive broader capital efficiency and planning efforts of the firm for all legal entities subject to local country regulations. The team is responsible for long-term capital strategy for International LE's, targeted optimization of Group invested capital, consistent approach to capital management globally, ensuring consistent frameworks are applied globally for local entity capital structures, capital repatriation considerations, and forecasting for local regulatory requirements in countries.


As a Global Capital Strategist, you will collaborate across various functions, primarily in Finance and Risk, to oversee compliance and optimization of ICAAP capabilities for Tier 1 entities. You will operate with independence in collaborating across functions, legal entities, and regulatory jurisdictions to identify thematic opportunities to improve Citi's capital efficiency around Internationally Regulated Entities.


You will drive the initiative across the ICAAP team to maximize best practice in governance, controls, process efficiency, and quantitative modeling to protect the safety and soundness of Citi's legal entities worldwide in a manner that is structurally optimized for the Group.


Partner with Balance Sheet Management and Liquidity Management functions in Citi Treasury to design a consistent approach to Treasury-owned aspects of ICAAP (IRRBB and Liquidity / Funding risk) to be implemented across Citi ICAAP banks. Support the continuous improvement of Citi's Policy suite as it relates to ICAAP through a collaborative firm-wide consultation and deliver a robust control framework design for ongoing oversight of Legal Entity policy compliance.


Identify thematic items with regard to Issues, Models, Regulatory feedback, Audit items, and other control matters for the wider benefit of the international network. Develop and lead training for legal entities in respect of aspects of the Global ICAAP Standard and associated controls.


This role engages with Citi's largest, most important, and most complex legal entities worldwide. Managing capital is the responsibility of local senior management and the Legal Entity board. Influencing skills will need to navigate competing priorities of the senior management of legal entities.


Estimated Salary: $120,000 - $180,000 per annum, depending on location and experience.



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