About the Function
The Global Funds Transfer Pricing (FTP) function, within Corporate Treasury, is part of Citigroup's broader Finance organization. FTP's specific responsibilities cover the following:
* Establishes and oversees the policies under which business assets and liabilities are funds transfer priced for interest rate, capital, and liquidity requirements
* Engages in cross-functional workstreams to design, enhance, and evolve frameworks and methodologies for attributing FTP costs and benefits to businesses
* Executes firm-wide transfer pricing processes in line with established policies, procedures, and control requirements
* Creates FTP reporting to guide management decision making
Role Overview
The FTP Execution Vice President (VP) is responsible for supporting various workstreams across FTP and overseeing the implementation of transfer pricing policies and practices globally. The individual will aid the team's vision to develop, enhance, and monitor the global FTP framework.
The candidate exhibits knowledge of bank balance sheet management and the evolving regulatory landscape impacting a bank's management of interest rate risk, liquidity, and capital. Clear and concise communication skills are a critical success factor. Additionally, the candidate partners with stakeholders including but not limited to the Businesses, Risk, Treasury, Technology, and Financial Planning & Analysis.
Responsibilities
Core Responsibilities
* Support strategic and transformational efforts to enhance FTP policy, frameworks, and funds transfer pricing systems
* Support ongoing funds transfer pricing execution and adherence to policies and controls, including all regulation and/or guidance which impacts FTP
* Ensure FTP is applied consistently across all businesses globally
* Cross-functional interaction across Businesses, Risk, Treasury, Technology, and FP&A
Framework Analysis & Change Design
* Lead the analytical assessment of proposed changes to FTP framework, including evaluation of methodology updates, new product considerations, and regulatory-driven enhancements — translating complex concepts into clear, well-reasoned recommendations for FTP Committee review and approval
* Conduct quantitative and qualitative impact analyses to assess the financial, operational, and governance implications of proposed LTP and CTP framework changes across businesses, legal entities, and geographies
* Develop and maintain detailed analytical frameworks to evaluate the appropriateness of LP spread calibration methodologies, Capital Transfer Pricing allocation keys (e.g., RWA, TLE, TCE weightings), and TLAC/TRuPS debt cost allocation approaches
* Support the design and documentation of new or enhanced LTP constructs, including Liquidity Surplus attribution frameworks, Intraday Liquidity Charge methodologies, and Local LTP frameworks, ensuring alignment with the FTP Standard and Liquidity Management principles
Change Implementation & Project Ownership
* Own the end-to-end implementation lifecycle for approved LTP and CTP framework changes — from initial scoping and analytical design through stakeholder alignment, governance approvals, and operational go-live — ensuring changes are delivered accurately, on time, and in compliance with the FTP Standard
* Develop structured implementation plans for framework changes, identifying dependencies, risks, and sequencing requirements across impacted teams including Business Treasury, Country Treasury, Controllers, and FP&A
* Partner with Technology and Operations teams to translate analytical and policy requirements into system configurations and process changes within the firm's transfer pricing platforms — serving as the subject matter expert and analytical lead
* Maintain a forward-looking view of the LTP and CTP change agenda, proactively identifying areas where frameworks require enhancement in response to balance sheet evolution, regulatory developments, or business strategy...
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