At a Glance
- Tasks: Lead capital allocation strategies and optimise financial services for a global institution.
- Company: Join Citi, a trusted partner in financial services with a global reach.
- Benefits: Generous holiday allowance, performance bonuses, private medical insurance, and learning resources.
- Other info: Collaborate with senior leadership and drive strategic initiatives in a supportive team.
- Why this job: Make a real impact in financial services while developing your career in a dynamic environment.
- Qualifications: Strong analytical skills and experience in financial services; degree in finance or related field preferred.
The predicted salary is between 60000 - 70089 £ per year.
Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi's Balance Sheet and Capital Management team. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
Citi Services is one of Citi's five interconnected businesses and at the heart of Citi's global network. Citi Services includes Treasury & Trade Solutions (TTS) and Investor/Issuer Services. TTS provides an integrated suite of Liquidity, Payments and Trade/Working Capital solutions to multinational corporations, financial institutions, public sector organisations and increasingly mid‑sized corporate clients. Investor/Issuer Services provides global institutional clients a wide range of solutions, including custody, fund services, execution services, and issuer services. Capital optimisation is a critical area for Citigroup and represents a significant challenge facing the financial services industry. As a firm, our ability to effectively lead in this area will be a significant determinant of our future competitiveness. It also helps satisfy a regulatory requirement for enhanced connection between strategic planning and capital planning. Balance Sheet and Capital Management (BSCM) is a specialised team responsible for ensuring effective and efficient use of Services' balance sheet with the goal of improving return on capital measures. The team coordinates and collaborates closely with colleagues in Liquidity Management Services as well as Investor/Issuer Services. The Services RWA Capacity and Governance Manager, Lead Specialist - SVP provides vital support in managing Services' RWA capacities and collaborates in designing a framework for optimal allocation of Services' capital.
Responsibilities
- Develop and roll out a robust methodology for Services' capital allocation, through close collaboration with Senior Leadership, and establish a common set of metrics and governance to measure Services' improvement in returns.
- Influence capital planning process for Services' products and communicate insights to Senior Leadership.
- Review Services' weekly and monthly RWA, monitor ongoing data quality reporting, deep‑dive into breach drivers, and provide inputs to Finance Capital Controllers.
- Prepare timely insights for Services Leadership that provide insight into drivers of variance and potential areas for optimisation, helping to influence actions and outcomes.
- Progress RWA accuracy, completeness, and compliance. Champion the remediation of RWA issues impacting the business, working with Finance, Risk Management, Technology, and other business areas as required.
- Provide strategic analyses and reporting initiatives to align client‑level strategy within Services product lines and ensure eligible assets are being used as efficiently as possible.
- Represent the business in RWA‑related discussions with 1st, 2nd, and 3rd lines of defence review functions, serving as business contact for COBRA/IA reviews.
Qualifications
- Comprehensive understanding of regulatory capital rules for RWA calculation.
- Familiarity with products offered by Services as well as Citi's systems and data.
- Strong analytical skills – ability to work with large data sets to identify issues and root cause.
- Ability to manage multiple stakeholders, influence outcome, and drive objectives to delivery.
- Excellent communication skills, oral and written, with the ability to converse with a wide variety of people across functions / seniority.
- Highly organised, responsive, and proactive.
- Bachelor's degree in finance, engineering, science, mathematics, or related fields; master's degree preferred.
Benefits
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretionary annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Vice President, Risk-Weighted Assets (RWA) Capacity & Governance Manager, Lead Specialist - Services employer: Citigroup, Inc.
Citi is an exceptional employer that offers a dynamic work environment at the forefront of global finance, where your expertise in risk management can significantly impact capital optimisation strategies. With a strong commitment to employee growth, Citi provides extensive learning and development resources, generous holiday allowances, and a supportive culture that values collaboration and innovation. Joining Citi means being part of a team that not only drives economic progress but also prioritises the well-being of its employees through comprehensive benefits and a focus on work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Risk-Weighted Assets (RWA) Capacity & Governance Manager, Lead Specialist - Services
✨Tap into Campus Networks
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Vice President, Risk-Weighted Assets (RWA) Capacity & Governance Manager, Lead Specialist - Services
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citigroup, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Citigroup, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Citigroup, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citigroup, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Citigroup, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Citigroup, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
