Citi
Overview
Senior Vice President (SVP) position within Citi's Capital Planning and Management organization focusing on driving the implementation of the Fundamental Review of the Trading Book (FRTB) and Credit Valuation Adjustment (CVA) RWA Forecasting frameworks under Basel IV. The role bridges Risk, Front Office, Finance, and Technology, requiring regulatory expertise, quantitative skills, and leadership to manage a complex, multi-disciplinary program. The role involves driving process improvements, technology initiatives, and engaging with stakeholders to enhance capital planning activities, including contributing to the design and delivery of target state infrastructure. Responsibilities
Program Leadership and Regulatory Alignment: Lead FRTB and CVA workstreams, align with regulatory timelines, translate regulations into deliverables, and coordinate across Market Risk, Credit Risk, Treasury, Finance, Quantitative Modeling, and Technology. Develop program roadmaps, milestones, KPIs, and escalation procedures. Stakeholder Management and Requirements Gathering: Serve as primary contact for Front Office, Risk, and Finance; align business objectives with regulatory requirements. Partner with Front Office and Risk Management to assess capital and P&L implications under Standardized and Internal Models approaches. Liaise with regulatory bodies and internal functions (legal, compliance). Methodology Development and Impact Assessment: Drive methodology development and impact assessments for FRTB (SA & IMA) and CVA (SA-CVA, BA-CVA) approaches. Guide design of risk sensitivities, calibration of risk weights, and alignment with approved methodologies. Data Management and System Enhancements: Lead specification and validation of data sourcing, trade classification, and risk factor mapping for regulatory capital computation. Oversee system enhancements and integration for real-time risk aggregation and regulatory reporting. Governance and Control: Ensure completeness and auditability of capital reporting and attribution processes. Establish governance around model validation, documentation, and regulatory submission. Embed controls across capital calculation processes for Basel IV compliance. Regulatory Monitoring and Framework Updates: Track regulatory updates and assess their impact on the existing framework. Required Skills & Competencies
Experience: 10+ years in Market Risk, Quantitative Risk, Regulatory Capital, or Front Office Risk, aligned with regulatory change. Regulatory Knowledge: Strong understanding of Basel III/IV, with deep expertise in FRTB and CVA. Program Management: Proven experience leading cross-functional regulatory implementation or capital optimization programs in a Tier 1 bank or consulting firm. Quantitative Background: Master’s/PhD in Finance, Mathematics, Engineering, or related field. Familiarity with IMA model development. Soft Skills: Excellent stakeholder management, project leadership, and communication skills. Data Management: Familiarity with data governance, data quality, and compliance frameworks. Technical Skills: Experience with risk systems, capital engines, and regulatory platforms. Proficiency in Microsoft Excel and PowerPoint. Other Skills: Ability to manage competing priorities, make decisions independently. In-depth knowledge of banking products/systems preferred. Experience in project management, process re-engineering, change management, Regulatory Capital, or Capital Planning is a plus. Job Details
Job Family Group: Finance Job Family: Capital Planning and Management Time Type: Full time Primary Location: Long Island City, New York, United States Primary Location Full Time Salary Range: $192,000.00 - $288,000.00 Benefits
In addition to salary, Citi’s offerings may include 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. Paid time off packages available (vacation, sick leave, holidays). For more information, visit citibenefits.com. Availability may vary by jurisdiction, job level, and date of hire. EEO Statement
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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 Citi’s EEO Policy Statement and the Know Your Rights poster.
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Senior Vice President (SVP) position within Citi's Capital Planning and Management organization focusing on driving the implementation of the Fundamental Review of the Trading Book (FRTB) and Credit Valuation Adjustment (CVA) RWA Forecasting frameworks under Basel IV. The role bridges Risk, Front Office, Finance, and Technology, requiring regulatory expertise, quantitative skills, and leadership to manage a complex, multi-disciplinary program. The role involves driving process improvements, technology initiatives, and engaging with stakeholders to enhance capital planning activities, including contributing to the design and delivery of target state infrastructure. Responsibilities
Program Leadership and Regulatory Alignment: Lead FRTB and CVA workstreams, align with regulatory timelines, translate regulations into deliverables, and coordinate across Market Risk, Credit Risk, Treasury, Finance, Quantitative Modeling, and Technology. Develop program roadmaps, milestones, KPIs, and escalation procedures. Stakeholder Management and Requirements Gathering: Serve as primary contact for Front Office, Risk, and Finance; align business objectives with regulatory requirements. Partner with Front Office and Risk Management to assess capital and P&L implications under Standardized and Internal Models approaches. Liaise with regulatory bodies and internal functions (legal, compliance). Methodology Development and Impact Assessment: Drive methodology development and impact assessments for FRTB (SA & IMA) and CVA (SA-CVA, BA-CVA) approaches. Guide design of risk sensitivities, calibration of risk weights, and alignment with approved methodologies. Data Management and System Enhancements: Lead specification and validation of data sourcing, trade classification, and risk factor mapping for regulatory capital computation. Oversee system enhancements and integration for real-time risk aggregation and regulatory reporting. Governance and Control: Ensure completeness and auditability of capital reporting and attribution processes. Establish governance around model validation, documentation, and regulatory submission. Embed controls across capital calculation processes for Basel IV compliance. Regulatory Monitoring and Framework Updates: Track regulatory updates and assess their impact on the existing framework. Required Skills & Competencies
Experience: 10+ years in Market Risk, Quantitative Risk, Regulatory Capital, or Front Office Risk, aligned with regulatory change. Regulatory Knowledge: Strong understanding of Basel III/IV, with deep expertise in FRTB and CVA. Program Management: Proven experience leading cross-functional regulatory implementation or capital optimization programs in a Tier 1 bank or consulting firm. Quantitative Background: Master’s/PhD in Finance, Mathematics, Engineering, or related field. Familiarity with IMA model development. Soft Skills: Excellent stakeholder management, project leadership, and communication skills. Data Management: Familiarity with data governance, data quality, and compliance frameworks. Technical Skills: Experience with risk systems, capital engines, and regulatory platforms. Proficiency in Microsoft Excel and PowerPoint. Other Skills: Ability to manage competing priorities, make decisions independently. In-depth knowledge of banking products/systems preferred. Experience in project management, process re-engineering, change management, Regulatory Capital, or Capital Planning is a plus. Job Details
Job Family Group: Finance Job Family: Capital Planning and Management Time Type: Full time Primary Location: Long Island City, New York, United States Primary Location Full Time Salary Range: $192,000.00 - $288,000.00 Benefits
In addition to salary, Citi’s offerings may include 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. Paid time off packages available (vacation, sick leave, holidays). For more information, visit citibenefits.com. Availability may vary by jurisdiction, job level, and date of hire. EEO Statement
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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 Citi’s EEO Policy Statement and the Know Your Rights poster.
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