EMEA ICG Business Treasury Lead

London, Greater London, United Kingdom
26 Feb 2021
03 Mar 2021
Approved employers
Approved employer
Job role
The Balance Sheet Mgmt Senior Lead is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

Key Responsibilities:

EMEA ICG Business Treasury Team Lead
  • Manage a part of ICG business Treasury team with full accountability to prioritize and deliver timely results on a series of competing work streams that contribute directly into Treasury's overall objectives.
  • Cultivate, maintain and enhance an active partnership with ICG businesses, Finance; Markets Treasury, Legal Entity Treasury and Risk Management functions to achieve EMEA specific Balance Sheet priorities and Returns targets.
  • Provide independent and unbiased expert Treasury insights and opinion to all stakeholders for all matters that are raised to Business Treasury for their guidance in the light of relevant Citi policies and governance framework.
  • Prepare regular well-articulated debriefs to update senior treasury management about the overall progress of all work streams as well timely escalation of items that require their attention and involvement to ensure a seamless and timely resolution.
  • Oversee Balance Sheet deep-dives across the EMEA countries, focusing on balance sheet size (e.g. actual vs. plan), composition, pricing and quality of deposits, marginal return on AFS/cash versus loans and opportunities to minimize trapped liquidity.
  • Ensure timely and accurate completion of periodic and ad-hoc of Treasury related tasks for RUBY CCAR, Plan and MYF cycles.
  • Work with global, regional and country Treasury, Market Risk, ALM, FP&A, Product Control and other Finance functions to support key priorities, e.g.:
    • Annual transfer pricing and single yield curve reviews.
    • AFS capacity for interest rate hedging requirements vs. other.
    • CBNA London Pool rates frameworks.
    • Minimize trapped liquidity across the EMEA region.
    • Balance sheet costing including the liquidity premium framework.
    • Balance sheet targets e.g. monthly and quarterly ICG deposits, LCR value of deposits.
    • Balance sheet size and composition from GSIB and TLAC efficiency perspective.
    • Monthly interest rate hedging review for Western Europe G3 currencies.
    • Quarterly review and sign-off for EMEA bank-chain balance sheet IRE and modelling of products in RUBY.
  • Responsible to lead EMEA regional GOT working group meetings to ensure timely conclusion of annual GOT reviews up to the point of final implementation by Product Control Unit.
  • Review all regular and ad-hoc Business Treasury reports and contributions to EMEA regional ALCO, ensuring timely updates and accuracy.
  • Cover Treasury's review of new product approval (NPAC) process with focus on bank chain business but with an ability to support broker dealer side too, both to develop extended experience as well as to support the entire London Business Treasury team.
  • Contribute to periodic updates and deliverables in relationship to MCA and Audit reviews.
  • Provide senior guidance to Corporate Treasury team in Budapest and Finance and Risk Infrastructure teams in Mumbai.

CEP Country Treasurer (Spain, Italy, France, Portugal and Greece)
  • Assume complete ownership as Country Treasurer as direct support to local CCO and business management for all matters related to country level balance sheet management.
  • Ensure compliance to local regulatory reporting related to liquidity and interest rate risk management.
  • Ensure continued monitoring of Redenomination Risk in the EU periphery countries
  • Work with the CEP Treasurer in ensuring that relevant CEP requirements are met including with respect to Liquidity, Capital and Balance Sheet, with focus on meeting CEP Regulatory Requirements and expectations.

  • Deep understanding of Treasury and/or Finance concepts in general and Citi's framework and policies in specific.
  • Direct and extended knowledge of interest rate curves, derivatives and FX/money markets.
  • Experience with effectively analyzing Actual and Forecast results with a comprehensive knowledge of Transfer Pricing and other Intercompany items
  • Thorough knowledge of key Interest Rate Risk metrics (IRE, EVS) , working knowledge of Citigroup Financial Systems (PEARL / GENESIS / Etc.)
  • Proficiency with standard analysis tools (Excel / Access / SQL)
  • Excellent written and oral communication
  • Demonstrates thorough knowledge fundamental Balance Sheet and P&L
  • Team management experience is a plus

  • University degree in economics/finance discipline, MBA is a plus

Job Family Group:

Job Family:
Balance Sheet Management

Time Type:
Full time

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

Similar jobs

Similar jobs