This Corporate Financial Planning & Analysis role provides support, analysis, and insight for the consolidated long-term planning and CCAR Stress Testing processes at Citi. The role works in a team that interacts closely with each business unit in Citi to create and model financial results and projections for each line of business. Through this analysis, the team facilitates the stress testing projections, which are used for the regulatory Comprehensive Capital Analysis and Review process (CCAR). Deliverables include, but are not limited to, semi-annual forecasts and downside scenario generation, analytics of P&L and balance sheet components, Benchmarking Analysis, review of forecasting methodologies, Y14A Federal Reserve templates, Part 30 projects working on strict deadlines from FRB, ad-hoc analysis and presentations for regulators, Board of Directors, Operating Committee and senior stakeholders. The work involves a mix of analytics, forecasting governance, and project/process improvement work as part of the through an annual cycles. A critical component of the role is to provide Independent Review and Challenge of the CCAR results and process, including analytics and results to the PPNR Senior Governance Group. Additionally, the role also includes working on Recovery & Resolution Planning (RRP) for PPNR work stream.

Responsibilities

• Coordinate FP&A activities for long-term planning and CCAR, including liaising with global Finance business units, Risk and Treasury; the ability to build partnerships is very important
• Benchmark model analysis with Champion models, drive the discussions, explain the variations and prepare presentations for senior management reviews.
• Execute Review and Challenge of all CCAR activities, including overlays, results, qualitative modeling approaches / expert judgment
• Execute Review and Challenge of PPNR key assumptions and analysis of key sensitivities in preparation for submission to senior management and the Board
• Perform complete reporting of PPNR Y14A schedules which are submitted to FED on a semi-annual basis.
• Develop guidelines and training to engage with businesses regarding Key Assumptions and Sensitivity Analysis
• Develop analytics and analytical tools to help drive understanding of key results by the businesses and senior management, as well as to support the review and challenge execution
• Support business engagement on base and stress results, highlighting key drivers, risks and business specific initiatives
• Develop presentations and analysis of review and challenge activities / results to PPNR Senior Governance Group
• Support resolution of Fed questions / variance analysis, develop and review Fed materials
• Support external and internal audits of the PPNR process and results
• Support independent review of RUBY and governance reporting process
• Change agent mentality and ability to work as part of a broader team are very important
• Be a very quick learner, ready to dive in to details, gain good business knowledge of all Citi businesses, and become a PPNR expert / go-to leader

Qualifications

• ______ years of relevant finance / business / accounting in financial services
• Degree in Finance, Accounting or related discipline
• Financial product knowledge particularly in Markets and Banking area is preferred
• Working knowledge of RUBY, PEARL, & IFW system is a plus
• Good working knowledge of Excel VBA is a plus
• Ability to understand CCAR scenarios, macro-economic variables and their impact on Citi’s Institutional and Retail businesses
• Ability to translate complex financial schedules into meaningful analysis and presentations
• Demonstrated analytical skills, including the ability to synthesize quantitative and qualitative data to draw conclusions and assist with decision making
• Strong interpersonal skills, with a balance of assertiveness and discretion to be a credible and sought after resource
• Flexibility to be effective and persuasive with all levels of management
• Ability to build key cross-functional and cross-business relationships
• Change agent mentality to drive for process enhancements and simplification; demonstrated ability to lead projects