The Director in Capital Remediation is a senior role within the Controllers Organization that will report to the Global Head of Capital Remediation. The individual will serve as an integral member of the Controllers Regulatory and Capital Remediation team. The Director of Capital Remediation is responsible for driving remediation of critical issues relating to the completeness and accuracy of Citi’s actuals and spot RWA (Standardized and Advanced approaches), CET1 Capital and GSIB production and reporting. The individual will be responsible for executing on plans to remediate regulatory/auditor review findings including MRIAs and MRAs. The individual will partner closely with the Regulatory and Capital Reporting Interpretative Office on interpretations issues identified in regulatory/auditor review findings. Will work with the relevant Data Leads and team to maintain and continue to enhance data quality throughout the end-to-end data lifecycle including issues identified with proxies etc. The role will also partner with various stakeholders including the Controllers Transformation team to ensure implementation of milestones, compensating measures and strategic remediation efforts required to address relevant Consent Order, MRIA and MRAs. Finally, the role will also be responsible for assisting the maintenance a robust governance and oversight framework that provides oversight over the remediation efforts. To be successful in the role the candidate must have a comprehensive understanding of Regulatory capital rules, control frameworks, banking operations, and financial / regulatory reporting frameworks and be able to effectively work across several teams (Business, Treasury, Risk etc.,) and functions to execute on timely remediation while maintaining a robust controls environment and advancing process improvements with a sense of urgency. **Key Responsibilities** + Help facilitate partnership with internal audit team, Independent Risk Management, and external reviews for RWA, Capital and GSIB reporting. Address and develop plans to remediate regulatory/auditor review findings. + Review RWA, CET1 Capital and GSIB governance and activities across Citigroup, including compliance with relevant policies and participation at governance forums and committees. + Drive execution for a robust governance and control requirements associated with RWA, CET 1 Capital and GSIB, including participating in the firm`s Basel Executive Steering Committee and working with the relevant Risk & Controls team to maintain and continue to enhance an effective internal controls structure to satisfy the MCA Risk and Controls requirements. + Partner with stakeholders across the firm to drive process, data, and infrastructure enhancements; support projects and strategic initiatives to improve RWA, Capital and GSIB reporting processes, including data and technology enhancements as part of Consent Order deliverables, as well as implement new capital regulations. + Partner with various stakeholders including the Controllers Transformation team to ensure implementation of milestones, compensating measures and strategic remediation efforts required to address relevant Consent Order, MRIA and MRAs. + Drive continuous improvement in the quality and accuracy of Capital Reporting through review, challenge, oversight and performance of certain quality assurance functions + Work closely with the relevant Data Leads and team to maintain and continue to enhance data quality throughout the end-to-end data lifecycle. + Review and develop regulatory reporting training with updated regulatory guidance. **Qualifications:** + Minimum 12 years of Accounting, Capital, Controllers and Reporting experience, including strong familiarity with Regulatory capital rules and reporting frameworks. + Sense of urgency in implementing processes and controls and evaluating priorities; decisive, action-oriented, and practical. + Ability to develop effective and productive working relationships with a wide range of groups across Citi as well as external auditors and regulators. + Highly motivated and goal-oriented with ability to lead in a professional and challenging environment and deliver results against fast-paced deliverable deadlines. + Demonstrated ability to manage multiple priorities under demanding time frames and respond appropriately and competently to the demands of work challenges when confronted with changes, ambiguity, adversity, and other pressures. + Flexibility to work under pressure to meet changing work requirements and strict deadlines. **Education:** + Bachelor’s degree in accounting/finance. + Master’s degree preferred + CPA preferred. + Need derivatives experience, capital experience, risk weight assets (RWA) and SA-CCR + Previous supervisory experience, preferably in a Public Company. + Functional expertise and significant product knowledge. + Demonstrated leadership and management skills. + Strong change agent. + Ability to work across functional areas. + Demonstrated project management skills. ------------------------------------------------------ **Job Family Group:** Finance ------------------------------------------------------ **Job Family:** Fin Solutions Dsgn & Implement ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Primary Location:** Long Island City New York United States ------------------------------------------------------ **Primary Location Full Time Salary Range:** $170,000.00 - $300,000.00 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. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------ **Anticipated Posting Close Date:** Dec 31, 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. 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 review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** . View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) . View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf) Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.