VP, Citi Treasury Investment - Forecasting and Funding (C13)
Company: Citi
Location: New Milford
Posted on: January 19, 2023
Job Description:
Business Description
- Citi Treasury Investments (CTI) leads and oversees the
investment function for Citi's major liquidity portfolios globally,
including the development of the overall asset allocation strategy
and process. The Rates Portfolio Management team within CTI has
responsibility for short-term funding, global USD cash pooling,
legal entities' money position and funding, Citi Treasury's global
government, government-backed/agency and government-backed mortgage
securities portfolios and primary responsibility for interest rate
risk positioning. Role Description
- Dynamic position in the Liquidity and Position Management
function within CTI with responsibilities related to money
position, intercompany funding, cash forecasting and analysis,
liquidity management and other related activities
- Exposure to and cross-training for all activities related to
money position management for USD at the Bank, including intraday
liquidity monitoring and end of day FRB account close
- Lead the forecasting, monitoring and analysis of global USD
flows including forecast of Citigroup total cash levels and
required cash balances
- Assist with monitoring major country USD liquidity generation,
cash uses/sources, and intercompany flow activity
- Participate in various Rates Portfolio Management and Treasury
initiatives and projects with the ability to balance multiple
priorities and meet deadlines; participation in analysis, execution
and management of a wide range of funding and liquidity
projects
- Liaising with the Federal Reserve Bank of NY on discount window
borrowing and collateral pledgingSpecific ResponsibilitiesLiquidity
Management
- Monitor global USD funding activities including analysis to
forecast Citigroup cash flows and model optimum use of cash in
order to maximize economic value and ensure compliance with
liquidity metrics and requirements
- Monitor global USD cash pooling strategy and guidelines for
select countries
- Assist with short-term liability management initiatives and
analyses, including the impact of actions on liquidity metrics
- Daily and monthly FRB account forecast of cash flows
- Monitor FRB account cash levels on a daily basis and compare to
cash forecast; investigate variancesU.S. Bank Position Management
- Ensure adequate day-to-day USD cash levels for US FRB account
settlement
- Assist with monitoring intraday liquidity flows including
monitoring and analysis of liquidity usage
- Work closely with business and finance partners to understand
forecasts and funding requirements.
- Cross-train on intercompany funding activities for select bank
and non-bank entities
- Discount window pledging and monitoring of eligible
collateral
- Fed liaison - primary communication line to the Fed for Bank
activity
- Drive opportunities for process and control improvements
- Lead various regulatory reviews and inquiries on the USD cash
forecasting processSpecialized Skills Required
- Bachelor's degree in Finance, Business, Economics or
Accounting
- 5-10 years of experience in Finance
- Proven execution abilities and proficiency at managing multiple
projects and work streams
- Excellent communication, presentation, and collaborative
skills
- Exceptional analytical and problem-solving skills with
attention to detail coupled with the ability to manage time
effectively and meet tight deadlines
- Strong interpersonal skills, detail-oriented self-starter with
the ability to work effectively in a team environment
- An understanding of the Treasury business is a plus
- Proficient computer skills with a focus on Microsoft Office
applications. Knowledge in VBA and Python helpful - Job Family
Group: Finance - Job Family:Balance Sheet Management Time Type:
Full time Primary Location: New York New York United States Primary
Location Salary Range: $132,320.00 - $198,480.00 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 - Effective November 1, 2021, Citi
requires that all successful applicants for positions located in
the United States or Puerto Rico be fully vaccinated against
COVID-19 as a condition of employment and provide proof of such
vaccination prior to commencement of employment.
Keywords: Citi, Clifton , VP, Citi Treasury Investment - Forecasting and Funding (C13), Executive , New Milford, New Jersey
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