APAC GCB CCAR and Capital Planning Head - FP&A Group Manager - Director APAC GCB CCAR and Capital Planning Head - FP&A  …

Citi
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 27 May 20
Competitive
Citi
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 27 May 20
Competitive
Citi
APAC GCB CCAR and Capital Planning Head - FP&A Group Manager - Director
Financial Planning & Analysis (FP&A)
Asia Consumer CCAR and Capital Planning Director [C15]

Job Purpose
The Finance Planning & Analysis (FP&A) function is primarily responsible for providing strategic insights, management information and financial analysis to senior management in Asia. This includes performance measurement, strategic presentations, business reviews, budget & forecasting and other value added analysis. Within this framework, the FP&A function also plays an integral role in the annual CCAR process and related activities (MCAST, Resolution Planning and Recovery Planning).
Comprehensive Capital Analysis and Review (CCAR) is a critical regulatory requirement for Citigroup and the most prominent process in the bank today. CCAR is the process by which the Federal Reserve assesses Citi's capital adequacy and reviews Citi's proposed capital actions. The FP&A function is responsible for the preparation of the CCAR submissions globally. The CCAR team is required to work with multiple stake holders in the business (from the Regional Consumer Business Head to working teams), FP&A, Treasury and Risk colleagues to coordinate and ensure the timely execution of all deliverables and the development and continuous improvement of the process.
This role acts as the CCAR Lead for Asia and requires interaction with senior stakeholders across the bank, including across business and functional areas in order to provide complete perspectives on franchise performance. This role also works closely with CCAR counterparts globally and represents Asia at global forums and discussions.
Key Responsibilities
The Asia Consumer CCAR and Capital Planning Director is accountable for:
  • Ensuring strong linkage with Global CCAR teams across Citi to translate regulatory and global requirements into region and country actions.  Acting as key liaison with New York to ensure that regional issues are raised quickly and resolutions dealt with effectively. Coordinate across Asia on CCAR process, timelines and requirements. Close working relationships with FP&A teams to drive forward looking planning projections necessary to deliver a satisfactory CCAR submission. 
  • Leading the yearly model development framework and process across Asia. This includes leading discussions with senior Finance and Business Leads on Asia's model framework, engaging country, regional product and modelling teams on the implementation of the Asia models and working with the RUBY team to execute the new models into the RUBY platform.
  • Leading business engagement with key business heads ensuring continuous understanding and engagement of the CCAR process. Also acts as key liaison with other key stakeholders across Global CCAR teams, Risk, Treasury, Countries and Regional FP&A.
  • Ensuring senior management (CEOs, Product Leads and CFOs/LFOs) are well informed of requirements, progress and results in relation to the CCAR process. Participate in reviews with regulators.
  • Providing ownership and oversight of the RUBY platform used for not only the annual CCAR submission but also the annual Planning cycles. RUBY is an econometric driver-based forecasting tool used for revenue and balance sheet forecasting. The CCAR team provides RUBY expertise and is responsible for the platform management and maintenance. The team also provides training to FP&A team members across Asia.
  • Ensuring continuous improvement and governance in the design and implementation of the CCAR processes across Asia.
  • Leading team to enable completion of above responsibilities along with the other CCAR-related activities (MCAST, Resolution Planning and Recovery Planning)
  • Leading all Capital Analysis and Planning activities for the consumer business in the region, including the understanding of the capital (TCE/allocated and Legal Vehicle) components across markets and for the region overall, and lead or support any activities associated with capital and returns optimization.
  • Tracking performance of the consumer business in the region with respect to competitors at the country level and for the overall region to help inform senior management on areas of opportunity, risk, and over or underperformance.
Qualifications
  • Deep understanding of the Planning & Analysis process and framework
  • Strong communications (written, verbal and interpersonal) skills, including tact, diplomacy, and ability to influence senior-level executives.
  • Integrity, maturity, dependability, a positive professional attitude.
  • A leader who will implement initiatives effectively and motivate others to carry out their work.
  • Excellent organizational and project management skills.
  • Strong quantitative and analytical skills
  • Strong influencing skills and ability to work through conflicts
  • Ability to work with short timeframes and under pressure, in ambiguous situations/scenarios
  • Demonstrated high level of performance, and ability to learn quickly
Education Level: Bachelor's Degree - Master's degree preferred
Experience: at least 12-years of relevant experience
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Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - SG ------------------------------------------------------
Time Type :Full time ------------------------------------------------------
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