The Testing and Monitoring Director will support the Head of RRP Non-Financial Capabilities, Controls, and Testing in defining and maintaining the testing framework, guidance, and test plan for capability testing and monitoring. They will develop standardized testing templates and collaborate with Accountable Executives (AEs) to ensure testing is comprehensive across each sub-capability in accordance with the testing framework and prescribed key testing attributes.
Responsibilities
- Define and maintain the testing framework, guidance, and test plan for capability testing and monitoring
- Develop standardized testing templates and produce ongoing reporting to oversee delivery of RRP testing activities
- Collaborate with AEs to design comprehensive tests across each sub-capability in accordance with the testing framework and prescribed key testing attributes (e.g., accuracy, timeliness)
- Review and challenge the adequacy and comprehensiveness of testing documentation and test outcomes for each sub-capability to ensure adaptability under various stress scenarios and compliance with the latest regulatory expectations
- Support capability owners in responding to regulatory exams, testing, and inquiries in a timely manner
Knowledge, Experience, and Skills
- Education: Bachelor’s or master’s degree in business, finance, economics, law, or related fields
- Experience: 15+ years of relevant experience in corporate treasury, risk management, financial regulation, project management, or similar fields
- Communication Skills: Excellent oral and written communications skills; must be articulate and provide direction with judgement and authority to enable effective engagement with senior stakeholders
- Expertise: Demonstrated expertise in a role focused on and comprehensive understanding of capabilities as well as proven track record with testing programs (e.g., developing testing templates, standards, criteria, documentation and after action reporting)
- Understanding of Regulatory Environment: Deep knowledge of financial regulations and requirements, particularly those relating to recovery and resolution planning
- Capital and Liquidity Management Knowledge: Should understand the complexities of capital and liquidity management
- Compliance Management: Knowledge and experience in ensuring compliance with regulatory requirements as well as experience representing large financial institutions (preferably G-SIBs) with regulatory bodies (e.g., OCC, FDIC, FRB, PRA, EBA, etc.)
- Analytical Skills: Highly developed analytical and problem-solving skills
- Organizational Skills: Capable of managing multiple priorities and meeting tight deadlines in a dynamic work environment
- Teaming: Proven track record engaging and partnering with Business Unit (BU) leaders and cross-functional teams (e.g., Risk, Audit, Legal, Compliance, Technology, etc.)
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Job Family Group:
Finance--------------------------------------- ---------------
Job Family:
Fin Solutions Dsgn & Implement-------------------------------------- ----------------
Time Type:
Full time------------------------------------- -----------------
Primary Location:
New York New York United States------------------------------------ ------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Aug 16, 2024---------------------------------- --------------------
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