Financial Resource Management – ICG NAM Capital Strategy Analyst (Summer)
About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Description
The management of capital, liquidity, collateral and balance sheet is a key area of focus for senior management in the current environment, recognized as being among the most significant challenges currently faced by the banking sector. As a firm, our ability to effectively lead our businesses in these areas will be a significant determinant of our future competitiveness.
Financial Resources Management (FRM) provides in-business leadership on capital and liquidity efficiency across the Institutional Clients Group. The team exists to solve complex problems, concentrating on regulatory capital and liquidity management and efficiency opportunities to support the business strategy of Markets and Securities Services, and the larger Institutional Clients Group franchise. This broad mandate includes driving business strategy for capital management, advising senior management and clients on implications of regulatory change and strategic priorities, coordinating advocacy efforts, and leading and participating in cross-business and cross-functional working groups to deliver improved data, calculation and management processes related to capital, collateral and liquidity.
In this role you will be part of a fast-paced, team-oriented meritocracy where everyone has a voice and your ideas could have a powerful, immediate impact. The team's primary focus is developing and executing strategies geared toward optimizing capital efficiency across our businesses. The team is actively involved in analytical and advocacy efforts related to regulatory capital rules. Key benefits include development of specialized capital knowledge, experience developing and executing complex analytical processes, exposure to senior leadership and multiple products across Markets (including Credit, Rates, FX, Equities, and Securitization), and working in a rewarding, creative, and dynamic environment.
Key Responsibilities include:
• Structuring and solving problems:
o Analyzing position and portfolio level data (financial, risk and returns metrics) to identify efficiency opportunities
o Working as an integral part of the team to develop capital and liquidity strategy solutions to support business efforts
• Synthesizing and communicating insights and recommendations
o Developing research and analysis plans
o Quantitative and qualitative analysis of key capital and liquidity rules and guidelines; identify and explain both business drivers and technical issues
o Acting as a bridge between Risk, Finance, Tech, and product groups to identify and deliver capital management solutions, drive ad hoc analyses, and address episodic issues to ensure accurate calculation of capital and liquidity metrics
• Participating on projects and presentations
o Delivering quantitative and qualitative analyses, with high quality presentation materials
o Leading project workstreams
Qualifications
• You will earn a Bachelor’s degree and significant qualifications in Finance, Accounting, Economics, Computer Science, Math, Financial Engineering, Physics, or related field by June 2021
• You currently maintain a 3.5 GPA or above
• Analytical aptitude regarding data analysis and quantitative strategies
• Ability to visualize concepts and analytics, and contribute to impactful presentations
• An open mind for critical and creative thinking
• Quickly internalizing new concepts and topics
• Self-motivated, with a strong desire to work independently
• Ability to work under pressure in a highly professional Front Office environment
• Superior attention to detail and level of accuracy
• Excellent communication, interpersonal, and organizational skills
• Knowledge of asset classes or regulatory familiarity is a plus
• Experience assessing data for patterns to spot anomalies
• Experience with relational database systems and statistics packages (SAS, SQL, etc.)
• Ability to coordinate processes and work as part of multiple teams across a firm
• Familiarity with large scale data and querying ability is preferred
Application Instructions: Application Instructions: In addition to applying through your school site, candidates must apply through Citi's online application system at www.careers.citi.com in order to be considered for this role. Please apply on Citi's website, by clicking “University Program”, then “Find a Program” and use the following parameters: Region: North America City: New York Category: Level: Summer Analyst