Vp Icaap Project Manager - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

You will be joining the ICAAP Centre of Excellence that leads the way in setting the EMEA ICAAP framework and standards in line with the strategic target operating model to enhance governance, processes, models and controls.

This drive for enhanced standardsand sophistication extends into the capital management process and ICAAP reports.

As a senior professional you will be responsible for driving the generation of the ICAAP report for UK entities under PRA regulation and for the coordination across the different functions primarily in Risk and Finance.

You will also take ownership of the lifecycleof the ICAAP production from initiation to final submission to the regulator including reviews and approvals.

In this role you are also expected to critically review and provide effective challenge to inputs into the report as well as writing sections.

In this position you will use and expand your experience and professional skills for the following responsibilities:

Process Coordination:

Endtoend process coordination of the ICAAP production with effective review and challenge to ensure a high standard of the ICAAP report in line with industry best practice.
Lead the process coordination for monthly capital forecasting and quarterly stressed capital forecasting.
Play a key role in terms of editing the annual ICAAP submission in line with local regulations and EMEA ICAAP document templates.
Ability to understand and challenge base and stress balance sheet, P&L and Pillar 1 and 2 risk numbers, capital planning and balance sheet modelling, risk appetite
Prepare management decks for presentation in management meetings including the Capital Forum, the ALCO and the Board in respect of the annual ICAAP submission and quarterly stress testing.
Oversee performance relative to the quality of the ICAAP reports, capital planning and stress results, and usage of the results in the daytoday management of the business and strategy
Appropriately assess risks and issues related to projects and ensure timely and effective escalation.
Strong eye for controls and understanding of the need for governance surrounding the ICAAP and stress testing.

Innovative Transformation:

Be part of the team creating standardised processes for MLEs and nonMLEs.
Drive improvements/implement feedback for future ICAAP submissions
Bring new ideas to the table for the benefit of Citi and propose implementation solutions.

Stakeholder Management:

Collaborate across a variety of functions, primarily in Finance and Risk, to contribute to the production of the ICAAP report for UK entities
Act as a SME to senior stakeholders and team members.
Potentially lead training for EMEA legal entities in respect of aspects of the strategic Target Operating Model and standards.
Participation in ICAAP Communications to EMEA staff
Engage stakeholders including project sponsors and project managers, country CFOs/Controllers, CROs/Risk, regional managers, and Technology seniors

Appropriately assess risk when business decisions are made, demonstrating consideration for the Bank's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applyingsound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

8+ years of work experience in a risk, prudential or finance role within a financial institution
Strong understanding of European ICAAP regulations and current developments including PRA and EBA (e.g. SREP, Stress Testing, Pillar 2, ICAAP)
Strong knowledge of at least one Pillar 1 risk is essential. Knowledge of nonPillar 1 risks (e.g. IRRBB, concentration or pension) would be beneficial
Experience with ICAAP and stress testing
Strong project management skills ideally gained in an international and global financial institution
Strong communicator both written and verbal
Interpersonal skills, ability to manage stakeholder relationships across various levels of seniority using the English language; ability to make and/or facilitate decisions
Strong MS Office and Word skills
Enthusiastic team player and at the same time a selfstarter
Ability to manage deadlines under pressure and unexpected changes
Good analytical skills and structural approach and thinking; ability to pay attention to detail
Efficient and effective time management, and proven organisational skills
Proven track record of having completed projects / tasks within tight deadlines

We are a development focused organization.

The above qualifications and skills are considered as primary assets for the position - but we do not pursue perfectionism: We look for capable colleagues and help them grow to excellence in their fields and positions.- Being part of a high profile and growing area will give the person the opportunity to contribute to change in a process that crosses Finance and Risk functions.

Excellent networking opportunity at senior level, as process necessitates constant cooperation and communication with country, cluster and regional level senior management.
Enhance knowledge of risk concepts and chance to combine with finance knowledge.

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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