Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Shape your Career with Citi
Citi Finance is responsible for the firm’s financial management and related controls. The team comprises disciplines including Treasury, Tax, Controllers and Financial Planning & Analysis, and manages and partners on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citi’s compliance with financial rules and regulations.
We’re currently looking for a high caliber professional to join our team as a Senior Vice President, Financial Controller (Internal Job Title: Senior Vice President - C14) based in Singapore. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.
For instance:
• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
We are seeking a highly skilled and experienced senior manager to lead our ICAAP, Resolution and Recovery Planning, MAS637 (Basel III) reporting team. In this role, you will over see a dedicated team of six professionals, driving the strategies to ensure regulatory compliance and financial stability for our bank.
As a key member of our management team, you will play a critical role in shaping our recovery framework and ensuring that our ICAAP process are robust and effective.
You will also oversee MAS 637 reporting process, ensuring accuracy and adherence to regulatory requirements.
If you have a strong background in regulatory planning and team management, we encourage you to apply.
Responsibilities:
- Lead and manage a team of professionals responsible for ICAAP, RRP and MAS637 , and Basel III / FRTB implementation
- ICAAP (Internal Capital Adequacy Assessment Process):
- Oversee the development, execution, and continuous improvement of the ICAAP.
- Ensure comprehensive risk assessments and stress testing are conducted to evaluate capital adequacy.
- Collaborate with various departments to gather necessary data and insights for ICAAP reporting.
- Present ICAAP findings and recommendations to senior management and the board.
- Resolution and Recovery Planning (RRP):
Lead the development and maintenance of the Recovery and Resolution Plan.
Coordinate with internal and external stakeholders to ensure alignment with regulatory requirements.
Regularly review and update the RRP to reflect changes in the business environment and regulatory landscape. - MAS 637 Compliance:
Ensure compliance with MAS 637 regulations, including regular reviews and updates to policies and procedures.
Monitor and report on compliance with capital adequacy and risk management requirements.
Liaise with regulatory bodies and respond to any inquiries or examinations. - Basel III and FRTB Implementation:
Lead the implementation of Basel III and FRTB (Fundamental Review of the Trading Book) requirements.
Collaborate with cross-functional teams to ensure successful integration of new requirements into existing processes.
Monitor progress and provide regular updates to senior management. - Stakeholder Communication:
Communicate effectively with internal and external stakeholders, including senior management, regulatory bodies, and auditors.
Prepare and deliver presentations and reports to various stakeholders.
As a successful candidate, you’d ideally have the following skills and exposure:
- 10+ years of relevant experience
- 3-5 years people management experience
- Ability to present and influence across organization level and functions.
- Ability to translate strategy into execution.
- Consistently demonstrates clear and concise written and verbal communication.
Education:
- Bachelor’s degree/University degree or equivalent experience
- Master’s degree preferred.
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
