SVP, Capital Controllers Group - Derivative RWA Lead

10 - 14 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The Finance Solutions Group Manager is accountable for the management of complex/critical/large professional disciplinary areas. You will lead and direct a team of professionals, requiring a comprehensive understanding of multiple areas within a function and how they interact to achieve the objectives. Your role will involve applying an in-depth understanding of the business impact of technical contributions and necessitates strong commercial awareness. You will be responsible for delivering a full range of services to one or more businesses/geographic regions, exercising control over resources, policy formulation, and planning. Your accountability extends to the end results of the area, affecting a sub-function primarily. Short- to medium-term planning of actions and resources for your own area will be a part of your responsibilities. Management of people, budget and planning, including performance evaluation, compensation, hiring, disciplinary actions, and terminations, as well as budget approval, will fall under your purview. Responsibilities: - Contribute to the design, roll-out, and governance of financial solutions - Participate in formulating and setting strategic direction for Finance across Citi businesses, products, functions, and locations - Assist in setting business and information architecture standards for Finance - Play a part in settling and operating necessary forums and frameworks for global Finance processes - Assess and incorporate changing business, regulatory, and market information needs into finance processes and applications - Manage complex/critical/large professional disciplinary areas - Lead and direct a team of professionals - Apply in-depth knowledge of the business impact of process design and technical contributions - Deliver a full range of services to one or more businesses/geographic regions - Interact with peers within the firm and externally, including regulators and professional organizations - Provide advice to internal clients on business trends, issues, operating environment changes, and firm or business unit strategy - Perform other duties and functions as assigned Qualifications: - 10+ years of relevant experience in the financial services industry - Comprehensive knowledge of multiple areas within a function - Communication and diplomacy skills to guide and influence others - Ability to manage competing priorities in a complex and dynamic environment - Self-motivated with the ability to make decisions in the absence of detailed instructions - Proficient in Microsoft Office skills - In-depth knowledge of banking products/systems is highly preferred - CPA preferred Education: - Bachelor's degree in finance, accounting, or other business-related field of study - Master's degree preferred The Capital Controllers Transformation team is responsible for transformation projects of capital metrics such as Risk-weighted Assets (RWA) and Supplementary Leverage Exposure (SLE). In this role, you will focus on the strategic transformation and remediation of core issues affecting the Derivatives RWA/SLE process to address regulatory findings and consent orders. You will manage all aspects of the remediation, including root cause analysis, devising a solution, defining remedial actions, managing changes in technology systems and processes, and working with independent testing/control groups to ratify the change. Sound knowledge of SA-CCR calculations is required for this role.,

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