What are the responsibilities and job description for the Capital Management Sr Manager position at Citizens?
Description
Capital Management Senior Manager
Description:
The Capital Management team is seeking intellectually curious, highly motivated candidates with strong analytical skills to support various cross-functional objectives within the team. The Capital Management team is primarily responsible for determining the bank’s target capital levels, developing a strategy for capital distribution plans, ensuring the bank maintains adequate levels of capital to protect against potential risks, and providing senior management with key insights into the bank’s performance under a range of economic scenarios. In addition, Capital Management is responsible for allocating capital to the bank’s various business lines and products to support balance sheet optimization efforts across the organization.
The Capital Management Senior Manager plays a critical role in overseeing capital management, planning, and risk appetite elements to ensure alignment with organizational objectives. This position involves solving complex problems related to capital allocation, optimization and strategic initiatives, while providing senior management with key insights into the bank’s performance under various economic scenarios.
Primary Responsibilities:
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Capital Management Senior Manager
Description:
The Capital Management team is seeking intellectually curious, highly motivated candidates with strong analytical skills to support various cross-functional objectives within the team. The Capital Management team is primarily responsible for determining the bank’s target capital levels, developing a strategy for capital distribution plans, ensuring the bank maintains adequate levels of capital to protect against potential risks, and providing senior management with key insights into the bank’s performance under a range of economic scenarios. In addition, Capital Management is responsible for allocating capital to the bank’s various business lines and products to support balance sheet optimization efforts across the organization.
The Capital Management Senior Manager plays a critical role in overseeing capital management, planning, and risk appetite elements to ensure alignment with organizational objectives. This position involves solving complex problems related to capital allocation, optimization and strategic initiatives, while providing senior management with key insights into the bank’s performance under various economic scenarios.
Primary Responsibilities:
- Allocation Framework Design: Help design and refine a framework to optimize capital deployment across business lines, ensuring alignment with the Bank’s strategic goals and risk appetite.
- Analytical Capabilities: Build and maintain analytical capabilities to assess return on capital, risk-adjusted performance, and capital efficiency to support informed decision-making. Review trends and relationships of capital, perform sophisticated financial modeling, and conduct sensitivity analysis to support sustainable and controlled processes.
- Presentation Materials: Create clear, compelling presentation materials to communicate complex financial insights and capital allocation strategies to senior executives and key stakeholders.
- Collaboration: Work closely with LOB Finance, Risk, and Treasury teams, along with key stakeholders across business units, to implement frameworks, provide insights, and support capital planning initiatives. Develop and maintain relationships with key business leaders to understand and support their capital requirements for strategic efficiencies.
- Research and Analysis: Conduct research on industry and peer bank data, analyze stress test results, and create dashboards to evaluate the bank’s capital strategy and performance.
- Regulatory Compliance: Understand the impact of changing regulatory capital frameworks on the business, including liquidity, stress testing, and strategic planning.
- Capital Planning: Provide analytical support for the bank’s annual Capital Plan, assess the impact of new products and regulations, and perform ad-hoc analyses to support strategic decisions.
- 5 years of experience in financial analysis and data analytics.
- Strong intellectual curiosity and exceptional analytical skills.
- Competent verbal and written communication skills, with the ability to convey complex topics simply and concisely.
- Strong organizational skills and ability to manage time effectively.
- Advanced knowledge of Microsoft Excel and PowerPoint.
- Preferred experience with data visualization tools such as PowerBI and Tableau.
- Preferred experience using large data sets and solid database management skills.
- Hours per Week: 40
- Work Schedule: M-F
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth