Vice President, Treasury Liquidity and Irrbb Risk Officer

2 weeks ago


Singapore Citi Full time

Whether you are at the start of your career or looking to discover your next adventure, your story begins here. At **Citi**, you will have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We are 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 will 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’s **Risk Management** organization oversees risk-taking activities and assesses risks and issues independently of the front-line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

We are currently looking for a high caliber professional to join our team as **Vice President**,** Treasury Liquidity and IRRBB Risk Officer
- **Hybrid** (Internal Job Title: Treasury Risk Officer - C13) based Singapore. Being part of our team means that we will 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 believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
- We empower our employees to manage their financial well-being and help them plan for the future.

As part of Finance CRO management global team, this role will help to ensure a sound and robust second line oversight, a consistent implementation of policies and procedures across entities operating out of Singapore.

**In this role, you are expected to be**:

- Oversee the design, development, delivery and maintenance of best-in-class Risk Management programs, policies and practices and sets strategic direction with focus on Liquidity Risk, Interest Rate Risk (IRRBB), Investments and Capital Risk to ensure adherence to Citi’s policies and good understand local regulatory requirements.
- Work with Singapore FINCRO team, Asia South and Japan Cluster Head as well as other cluster Finance CROs, global risk teams and seniors to ensure best in class risk activities.
- Front senior regulators on key legal entity related asset-liability management matters to ensure responsible risk taking in line with internal risk appetite standards and prudential requirements.
- Liaise with the global and specialist teams to facilitate consistency, standardization and completeness of controls and challenges of identification so that all processes and their controls are supported by the required documentation and evidence (including credible and effective challenges)
- Provide oversight and guidance over the assessment of broad complex issues, structures potential solutions and drives effective resolution with other senior stakeholders.
- Review and participate in approval and providing feedback on local risk framework, as well as monitor compliance with risk limits/triggers. Interact with other key risk seniors across the clusters and globe (Market Risk, Credit Risk, Operational Risk) and relevant Finance and Reporting teams to improve accuracy of regulatory and management reporting.
- Work with Singapore FINCRO to liaise with regulatory examiners, Internal Audit, and external auditors on critical Risk issues and oversees the implementation of related remediation.
- Conduct analysis and provide challenge and oversight for Risk Appetite Statements, Stress Testing and other ad-hoc regulatory or legal entity governance projects drawing in appropriate resources as required.
- Oversee and drive compliance with regulatory requirements.
- Escalate any issues with appropriate suggested mitigations
- Participate in new product approval reviews to ensure novel offerings, business launches, and complex products are in line with standards outlined in Citi’s risk policies
- Drive Global Risk projects to improve accuracy of Risk assessment and implementing these across the country / entity / cluster or region.
- Degree in Finance. Postgraduate degree in a quantitative or financial discipline would be preferred
- 7+ years relevant experience within risk management, treasury, or support functions with exposure to balance sheet, financial products, financial/risk analysis
- Prior work experience in the material entities and or regional markets
- Expert knowledge of treasury, market risk, liquidity management, and derivative products
- Subject Matter Expert in asset-liability management, financial instr



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