VP, US Retail Bank P&A Lead Analyst - CITI

  • Primary Location: United States,New York,Long Island City
    • Education: Bachelor's Degree

    • Job Function: Finance

    • Schedule: Full-time

    • Shift: Day Job

    • Employee Status: Regular

    • Travel Time: No

    • Job ID: 19016709

Description
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.
Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
 
The Global Function units at Citi include Audit & Risk Review, Compliance, Control & Emerging Risk, AML, Citi Security and Investigative Services (CSIS), Finance, Strategy, M&A, Investor Relations, Global Public Affairs, Human Resources, Legal, Risk Management, Global Community Development and Microfinance. These functions provide critical support to the Citi business units. Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing 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, and private banking. Additional information may be found at www.citigroup.com or www.citi.com.
The US Retail Banking Business has $145B in Deposits, $7B in Loans, over 8,500 employees, and close to 690 retail branches. The US Retail Banking business consists of the Retail Banking, Small Business, Personal Wealth Management and International Personal Bank (IPB) segments. 
The US Retail Bank Finance group supporting the US Retail Bank is responsible for supporting the Product, Segment and Branch Distribution teams by providing best in class analytical insight.  The team provides the US Retail Bank leadership team with an accurate and timely view of its financials along with insights to drivers of results and forward looking views based on the latest intelligence.  The team manages the budget and forecasting processes, performs competitor analysis, builds presentations for the CFO and CEO providing top notch insight to drive senior management decision making.
This position covers primarily the following:
  • Provide financial, analytical and strategic support to the Consumer Banking business, and in particular the Consumer Deposit team.

    • Perform portfolio modeling and forecasting of Consumer Banking Deposit Balances and related Revenues for Flash, Outlook, Plan, CCAR, etc.

    • Support the Head of Consumer Product and other product leads on key business initiatives such as product development and provide financial insight and support.

    • Prepare monthly financial statements/documents/presentations, conduct variance analysis and provide insight for reviews with senior management

    • Partner with Pricing Team in developing the financial impact of customer interest and re-pricing initiatives as well as various investment projects

    • Partner with Corporate Treasury in developing balance targets and transfer pricing and NIM projections

    • Manage and enhance Deposit product models used for Plan and CCAR purposes

    • Work closely with Controllers and Financial Reporting Operations to ensure general ledger reflects current management view

Qualifications
  • 5-7 years of experience preferably in a financial analysis role supporting business financial planning functions

  • Strong intellectual curiosity

  • Excellent quantitative and analytical skills, and ability to focus closely on details

  • MBA degree in Finance or Accounting preferred

  • Strong communication skills both written and oral

  • Ability to create/manage complex financial worksheets and analyze and present results in executive ready decks

  • Strong Excel/Essbase/PowerPoint knowledge required.

  • Must be highly efficient, organized and motivated

  • Ability to work independently with minimal supervision, and as a part of a team

 

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