• Comprehensive Capital Analysis and Review Jobs in New York City

  • Citibank India
  • New York City
  • Save Job
  • 5 - 8 Years
  • Posted : above 1 month

Job Description:

Comprehensive Capital Analysis and Review (CCAR) Central Coordination Team Project Manager, VP - 19036610


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

Citis 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 publics 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

Strategic Regulatory Initiatives focuses on high priority regulatory deliverables, with a concentration on capital planning, regulatory stress testing (particularly the Comprehensive Capital Analysis and Review or CCAR), the Y-14 regulatory reports, components of Recovery and Resolution Planning, as well as other Board and Risk Governance matters

The role involves a significant amount of interaction with senior management and provides a unique perspective on data management and the capital planning process at Citi, spanning all businesses, risk and product areas

This individual will contribute towards setting the strategic direction for the CCAR reporting process, with a particular focus on the data management, underlying system infrastructure and associated business processes


Candidate will actively contribute to the overall management and execution of multiple complex CCAR projects related to the following

(I) Support the firms critical CCAR reporting platform RegInsight

Support the continual enhancement and ongoing maintenance of RegInsight (one of Citis key reporting platforms) in an efficient and well-controlled manner, while maintaining alignment with both regulatory mandates and Citis long-term strategic goals

Learn the existing challenges (whether technological, operational, or other) within each CCAR workstream and design an integrated solution to remediate the issue and improve overall user experience for end-users

Utilize an in-depth understanding of the end-to-end CCAR submission process, identify areas of improvement that can be systemically enhanced (automating manual processes, reducing reliance on EUCs, strengthening overall control environment), and draft requirements for implementation

Lead discussions around resourcing, prioritization, and regulatory/internal mandates to determine which enhancements will be implemented

Strategically execute RegInsight User Acceptance Testing (UAT) on a periodic basis, to ensure all new and existing functionalities are operating as required

Large scale coordination and planning of 100 individuals across CCAR Workstreams, Technology, and support teams

Oversight of the end-to-end process including defining the scope of testing, creating detailed test scripts and ensuring appropriate completion, and developing solutions to noted issues, particularly for Y14A forecasts, stress loss analysis, and CCAR submission documentation

Ability to connect the dots among different details, issues, and discussions (as they relate to RegInsight, UAT, and SRI more broadly), analyze holistically, and translate these into process improvements and operational efficiencies on a go forward basis

Act as a RegInsight Subject Matter Expert (SME)

Leveraging first-hand knowledge of the system, stand ready to assist in the CCAR submission process and act on behalf of CCAR workstreams, SRI, or Technology

Develop detailed training guides and videos that demonstrate the key functionalities and capabilities of the system

Work with the Technology team to respond to and remediate all issues, questions, and concerns raised against the platform

(II) Partner and Liaison to Control Functions

Work with Regulators, Internal Audit, and Compliance to identify actual/potential risks within the end-to-end CCAR process and raise issues as required

Draft, own, and execute on issues and corresponding tailored corrective action plans that will strengthen the overall control environment of both CCAR and SRI more broadly

Act as the main lead/point of contact on audits and reviews, with ability to

Effectively communicate/explain various complex processes and details that are within the scope of the review

Coordinate all responses to ensure that a concise and consistent message is delivered and all evidence/documentation is clear and up to internal standards

(III) Support CCAR related processes, particularly Y-14 reporting

Support the CCAR Central Coordination Teams role as Y-14 Report owner to drive enhancements to the quality of Y-14 reporting, and the associated control environment


Bachelors degree

5 years of related work experience in Risk Management or Finance within a major financial institution

Prior program and project management experience required, preferably over CCAR, related regulatory filings, or system related processes

Prior risk and control experience required

A strong understanding of the existing end-to-end CCAR process and prior exposure to both risk management practices and financial reporting processes is highly desired as CCAR requires solutions that span cross organizational boundaries


Strong leadership experience, preferably in transitioning or challenged environments, with the ability to exercise judgment and make key decisions

Exceptional oral communication and writing skills, with ability to synthesize complex concepts, translate into user-friendly language, and effectively present across all organizational levels

Strong interpersonal skills including influencing, facilitation, and partnering skills

Experience in working with across all organizational levels as well as delivering through influence & oversight

Professional skills

Strong analytical and quantitative skills

Attention to detail, with ability to think both tactically and strategically

Ability to quickly assimilate and analyze large amounts of information

Ability to manage multiple priorities and tasks, lead or matrix manage, escalate or voice concerns or questions and exhibit strong people skills

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : IT Software : Software Products & Services
Role : Quality Assurance/Testing
Salary : As per Industry Standards
Deadline : 16th Jan 2020

Key Skills:

Company Profile:




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