Treasurer - Citigroup Global Markets Europe - Director | Mitte, DE

Treasurer – Citigroup Global Markets Europe – Director

Title : Treasurer – Citigroup Global Markets Europe

Business: Finance

Division: Treasury

Officer Title: Director

C-Grade: C15

Reporting to: Janak Ghosh – Europe/CEP Cluster Treasurer

Matrix to: CFO CGME

Location: Frankfurt

Legal Entity: CGME

Job Purpose/Overview:
The role is the Treasurer of Citigroup Global Markets Europe (CGME) and is responsible for all Treasury activities of CGME. CGME is Citi’s broker dealer in Europe and is located in Frankfurt. Additionally, the role ensures the effective management of balance sheet resources within Citi’s legal entities in Germany and Austria. The role is accountable for safeguarding robust capital management practices within the franchise of Citi’s Germany and Austria. The position sits within the Europe Treasury Cluster and is based in Frankfurt.

A good understanding of the industry and direct competitors‘ products and services is necessary to contribute to the commercial objectives of the business. Requires thorough understanding of the strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills are required in order to negotiate internally, often at a senior level. Regulatory engagement with BAFIN and the ECB is a key aspect of this role. Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for dedicated teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations, and budget approval. May be involved or responsible for diverse (cross-discipline) activities.

Key Responsibilities:

• Contributes to the governance of funding, investing and analytics of the balance sheet.
• Participates in managing liquidity and interest rate risk, the capital/legal entity structure and capital planning as well as managing rating agency relationships.
• Involved in raising unsecured funding; liquidity, accrual risk oversight and transfer pricing.
• Leads firm-wide liquidity risk policy and standards, establishing the framework for sizing liquidity requirements including internal stress testing framework, developing contingency funding plans in conjunction with other stakeholders, providing liquidity oversight to Citi’s global entities, and ensuring that Citi maintains adequate liquidity appropriately positioned to meet the company’s global needs both in normal market conditions as well as during periods of stress.
• May manage and direct larger teams via the oversight of Direct Reports. Part of a team which actively manages the balance sheet by ensuring adherence to established targets in order to achieve liquidity, balance sheet and capital return metrics.
• Engages in the establishment and monitoring of liquidity, interest rate risk and balance sheet limits.
• Liaises with businesses to ensure both an understanding and the ability to manage those limits in a well-governed environment which allows for business growth.
• Interacts with regulators, senior management and ALCO committees.
• Conducts Resolution Planning and transfer pricing as required.
• Performs other duties and functions as assigned.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervising the activity of others and creating accountability with those who fail to maintain these standards.
• In situations where this role is the designated Legal Entity Treasurer, their responsibility towards the legal entity additionally includes:
• Managing liquidity risk for the entity, monitoring liquidity metrics including limits and triggers, and ensuring compliance with the risk appetite.
• Preparing the relevant legal entity’s annual forecasted balance sheet and developing legal entity funding plan and contingency funding plan in accordance with the firm-wide Funding and Liquidity Forecasting Process.
• Managing the Assets and Liabilities Governance Committee for the legal entity.

PERSON SPECIFICATION
Experience, skills and capabilities:

• Relevant experience within financial services.
• Solid understanding of financial products on a broker dealer balance sheet.
• Established effective leadership and management skills with ability to build relationships.
• Excellent communication skills, both oral and written.
• Excellent analytical and problem-solving ability.
• Solid understanding of the Treasury function within a GSIB Institution in general and a Broker dealer in particular.
• Ability to multi-task and ability to work under pressure.

Job Family Group:
Finance

Job Family:
Balance Sheet Management

Time Type:
Full time

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