The Non-Traded Market Risk (NTMR) Operations Grp Manager leads a large global team of operations and change management professionals supporting, and enhancing, a platform to monitor, manage and report the firms Non-Traded Market Risk (including Structural Interest Rate Risk (IRR)) across the banking book. This role requires a blend of a strong process mindset, a detailed understanding of Interest Rate Risk for banking book products, a good understanding of operational controls and an ability to drive process and operational change. A good understanding of industry practices would also be helpful. The NTMR Operations team are responsible for the production of management and regulatory risk reports across a broad range of market scenarios for firmwide banking book positions. The team also contribute heavily, in partnership with multiple other teams across the businesses, technology and finance, in the ongoing development of the platform, including enhancements to the technology infrastructure, end-to-end Data sourcing, Modelling and process/operating model
Responsibilities:
- Manages a global team of approximately 100 operations and change management professionals
- Participates in measuring, monitoring, managing and reporting interest rate risk, and other Non-Traded Market Risks across the organization,
- Supports the calculation and monitoring of limits and triggers across Non-Traded Market Risk
- Interacts with regulators, senior management and ALCO (Asset Liability committee).
- Involvement in planning, forecasting and transfer pricing is also required.
- Establish an appropriate risk and control governance model, representing NTMR in firm-wide regulatory, compliance and operational risk efforts
- Identify opportunities to implement improvements in controls and governance processes
Qualifications:
- 15+ years of relevant experience within the financial services industry required
- Solid understanding of the Treasury function within a bank
- Solid understanding of financial products on a bank's balance sheet
- Established effective leadership and management skills with ability to build relationships
- Clear concise communication skills, both oral and written
- Excellent analytical skills and ability to pragmatically solve problems
- Ability to multi-task and ability to work under pressure
- Proven track record of execution and results managing controls and regulatory efforts
- Project management capabilities coupled with strong analytical skills
- Demonstrated ability to synthesize information
- Ability to prioritize and drive results in a deadline driven environment while maintaining attention to detail and accuracy
Education:
- Bachelors degree, potentially Masters degree and managerial experience
------------------------------------------------------
Job Family Group:
Finance
------------------------------------------------------
Job Family:
Fin Solutions Dsgn & Implement
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Primary Location:
New York New York United States
------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
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:
Apr 25, 2025
------------------------------------------------------
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.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Top Skills
What We Do
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
