Department Description
Citi Treasury manages the capital, funding and liquidity of Citigroup legal entities; manages and provides corporate oversight of liquidity risk, interest rate risk, currency translation risk; and supports product, customer and geographic businesses with risk identification, risk management, product innovation and funding strategy.
Within Treasury, Citi Treasury Investments (CTI) is responsible for managing a majority of the firm's Liquidity Portfolios including US Treasuries, US Agency debentures and MBS, ABS, and Covered Bonds, among other assets. The team also manages the firm's USD interest rate risk, foreign exchange capital hedging and short-term funding activities.
Within CTI,
the Rates Portfolio Management (RPM) team maintains USD sovereign investments with the objective of preserving liquidity and producing returns. The RPM team also manages the firm's USD interest rate position under Citi ALCO guidance and within established risk tolerances, in addition to managing funding activities to help meet liquidity objectives.
Responsibilities
The role will work in RPM's LATAM funding hub in Puerto Rico and report to Central Funding Desk (CFD) within the CTI RPM. The role will serve as one of the funding traders for CTI's overall positions held in PR IBE including Inter-Affiliate Funding, Collateralized Loan Obligations, Multilateral Development Bank & Non-US Government Securities.
Funding & Liquidity Management
- Execute daily trading activities in Puerto Rico including inter/intra-company unsecured funding, repo/reverse repo, and T-bill execution
- Ensure the trade execution levels are consistent with the firm's transfer pricing policy as well as within rate reasonability thresholds
- Coordinate with CFD NY as well as international Treasury and Business partners to ensure funding needs for LATAM branches/businesses are fulfilled
- Work closely with CBNA Treasury to inform any material liquidity flows in CBNA Puerto Rico which impacts the liquidity of overall US Bank
Interest Rate Risk & P
- Monitor interest rate risk position and P of CFD's position in Puerto Rico
- Serve as a point of contact for inquiries on CTI's overall position in Puerto Rico and engage related CTI desks to address them
Governance & Control
- Serve as a point of contact for inquiries from the senior management, regulators, and auditors on CTI's overall position in Puerto Rico
- Execute activities in CFD Puerto Rico in compliance with a strong Risk & Controls framework
- Review and apply policies, procedures, and governance for CFD PR trading activities
Product Management & Coordination
- Provide analytical support for ongoing balance sheet, regulatory and technology projects including Tax Optimization Initiatives
Market Intelligence & Strategy Definition
- Gather market intelligence and provide market updates in light of Puerto Rico's interest rate risk position
- Follow and recognize changes in interest rate monetary policy by Federal Open Market Committee
- Monitor economic indicators and interest rates to maintain up to date information to be able to provide input for strategies
Qualifications
- Minimum 3 years of Experience with inter-company funding, interest rate risk management or knowledge of fixed income markets is preferred
- Strong quantitative, analytical, and problem-solving skills
- Strong communication skills, both oral and written
- Computer literate (word, excel, power point, outlook)
- Working knowledge in Bloomberg market information and trading system is preferred
- Ability to work cooperatively in a dynamic, fast paced team environment with changing priorities
- Strong work ethic
- Fluent in English and Spanish
- Bachelor degree in Economics, Business, or Financial, is preferred
Job Family Group: Finance
Job Family:Balance Sheet Management
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.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities.
#J-18808-Ljbffr
