Treasury Head of Business Initiatives and Execution - Citi : Job Details

This Managing Director level role as Head of Business Initiatives and Execution reports directly to the Treasurer of Citigroup.

The outcome of this role will ensure that Treasury has a robust management framework and operating model (people, process and controls, technology and data, and product & service capabilities) providing strategic insights, consistent execution, delivery through a culture of accountability, teamwork, inclusiveness and improvement.

This individual is accountable for supporting the Treasurer with both the day-to-day and strategic leadership of the Treasury function for Citigroup globally. Citigroup's Treasury organization comprises approx. 1,600 people across nearly 100 jurisdictions and an additional 150 people managed on a matrixed basis. The role will be responsible for designing and driving the global organizational vision and the operational, people and culture strategy.

The key elements of the position are:

• Work through the organizational design, roles & responsibilities, and the related processes & controls for the functions responsible for funding, liquidity, asset & liability management, balance sheet management, and capital management, ensuring that the design of the roles & responsibilities of these functions is effective in the context of the overall enterprise.
• Develop and lead a plan to continuously improve the way in which the people and teams responsible for funding, liquidity, asset & liability management, balance sheet management, and capital management globally work together.
• Support the Treasurer with increasing the strategic insight into the balance sheet of Citigroup.
• Consider the strategic implications of the day-to-day metrics for funding, liquidity, capital, and asset & liability management.
• Maintain a healthy partnership and dialogue with Risk partners across the risk stripes.
• Understand the Audit Plan and how it is constructed in a strategic sense.
• Consolidate the insights and priorities of the multiple advocacy activities in the Treasury function.
• Partner with the Chief Administrative Officer for Treasury to clarify the Treasury processes and their ownership.
• Drive the discipline of process & controls into the Treasury organization by documenting processes, people, technology, and data.
• Ensure a clear operating model for the Management Routines of the Treasury function.

The role requires close partnership with senior Treasury leadership and the senior management team of the lines of business and functions of Citigroup, including key partners across all (1st, 2nd and 3rd) lines of defense.

The Head of Business Initiatives and Execution will need to have executive Treasury experience at a large globally significant financial institution (US GSIB) and demonstrate a strong understanding of the full remit of Corporate Treasury functions for such US GSIBs, as well as its links to wider CFO organization, the lines of business, the sales & trading business most specifically, and the overall Enterprise.

Acting with authority from the Treasurer, this is an executive role that requires independent action with the ability to build high performing teams, effective regulatory engagement and C-suite level interaction.

A proven track record in delivering large, transformative, complex bodies of work is required.

Qualifications / Experience:

• 20+ years industry experience
• At least 10 years at a US GSIB in a similar role
• Proven leadership with excellent interpersonal communication skills
• Multi-year experience working with executives at the executive management team level
• Proven track record of successfully guiding teams through complex change
• Manage a team professionals that will support the above mentioned mandate
• Ability to direct and drive senior stakeholders towards a common goal
• Must have demonstrated experience working in a Transformation program, notably within a Treasury function
• Analytical mindset to resolve issues in complex situations
• Self-motivated with the ability to make decisions in the absence of detailed instructions.
• Experience in all aspects of strategy, planning, execution, and delivery
• Expertise in executive-level presentation development and delivery
• Senior understanding of enterprise organizational and behavioral dynamics
• Motivation and a desire to challenge the status quo wherever appropriate
• A willingness to think strategically while also being willing to act pragmatically
• Ability to influence without direct authority and thrive in ambiguous situations
• Strong bias for action and excellent problem-solving skills

This role description provides a high-level review of the types of work to be performed. It is not intended to be all-encompassing. Other job-related duties may be assigned as required.

Job Family Group: Finance

Job Family: Governance, Program and Project Management

Time Type: Full time

Primary Location: New York New York United States

Primary Location Full Time Salary Range: $250,000.00 - $500,000.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.

Anticipated Posting Close Date: Aug 21, 2024

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.