The Senior Vice President - EMEA Regulatory Policy & Advisory will be responsible for supporting Citi meet five key aspects of Prudential Capital Regulatory Policy, with particular emphasis on the Capital Requirements Directive and Capital Requirements Regulation (CRDIV ) / Basel III: 1. Interpretation of Regulation and developing associated Policy - coordination and oversight over the interpretation of relevant Local Regulations as well as maintenance of relevant prudential rules impacting firms in scope at a specific date 2. Advisory - Front Office support, New Product Approval Committee 3. Regulatory Developments - capturing and disseminating rule changes and technical updates 4. Consideration of the future Regulatory Landscape as well as supporting internal and external impact assessments 5. Supporting Advocacy and Lobbying - working with other teams to drive and impact the agenda for upcoming regulatory developments It is envisaged that that role-holder will cover market risk, counterparty credit risk and CVA risk, as well as being the main contact point for a number of businesses.
Responsibilities: The Senior Vice President - EMEA Regulatory Policy and Advisory will be responsible for:
Capturing relevant updates from Regulators, including Global, European and EMEA country specific (rules, RTS/ITS, Q&As, Guidelines) that may impact the prudential capital regulation of legal entities within EMEA in relation to market risk, counterparty credit risk and CVA risk;
Supporting Government Affairs in advocacy and lobbying efforts related to relevant regulations;
Analysing and interpreting new relevant regulatory rules: communicating these to the relevant internal stakeholders in the firm and working with other stakeholders to determine the impact of new rules on legal entities' capital, business, regulatory systems and business model as appropriate;
Supporting implementation efforts for relevant new Regulations as they come into force (e.g. advising on and reviewing business requirements documentation addressing new Regulations);
Communicating significant regulatory issues and complex new regulations to senior management in a timely manner, including participating in Governance meetings of Citi EMEA subsidiary entities to present and explain significant regulatory developments;
Contributing to the review and approval of regulatory interpretations by the CRR Interpretative Office and Capital and Liquidity Interpretation Working Group;
Developing and delivering training presentations to facilitate firm-wide education of new or proposed regulation;
Providing technical regulatory advice to various Front Office businesses;
Advising and challenging Front Office on capital optimisation initiatives that they propose;
Representing EMEA Regulatory Policy and Advisory as a member of EMEA ICG's New Product Approval Committee in reviewing and approving new products and structured transactions and ensuring that franchise risks are addressed;
Interacting with regulatory standard setters and actively participating and representing Citi on Regulatory Policy industry forums and committees;
Supporting the Quality Assurance team in development of work programmes, ongoing technical advice and technical reviews of final reports;
Technical support and advice to Regulatory Reporting;
Support to Risk regarding the requirements for Advanced Models;
Working closely with other teams across Citi to foster knowledge-sharing and best practices.
Detailed knowledge of CRR and other relevant regulations
Knowledge of legal entity accounting and reporting preferred but not essential
Self-motivated and ability to work independently
Strong team leader & good team player
Professional approach to work
Professional communication/interpersonal skills at all levels and across different functions
Third level qualification in business, accountancy, economics, legal or similar discipline
A finance professional with extensive years' experience in a regulatory or policy role
Strong knowledge of CRR rules and relevant regulatory reporting requirements.
Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - GB Time Type :Full time Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity. Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity CLICK HERE . To view the "EEO is the Law" poster CLICK HERE . To view the EEO is the Law Supplement CLICK HERE . To view the EEO Policy Statement CLICK HERE . To view the Pay Transparency Posting CLICK HERE .
Internal Number: 6715357
eFinancialCareers is a career site specializing in financial services.