0. CitiFinance:. The Role of the. Financial Management Associate
CitiFinance: The Role of the Financial Management Associate University of Michigan Corporate Finance Forum
September 21, 2007

1. Today’s Agenda The Role of the CFO FMA Core Message Program Structure
Recruiting Process
International opportunities
Where to Apply
Michigan Alumni / Recruiting Team

2. The Role of the CFO
Planning and Analysis Balance sheet forecasting, Budgeting, Risk Capital, Market sizing, Competitive analysis, Management reporting, Other business management analytics
Treasury Funding / Placements, Limits monitoring, Liquidity and Balance sheet management, Share Repurchase program, Transfer Pricing, Interest Rate Exposure, Hedging, Capital, CECM, A/L Committee (ALCO), Regulatory and Rating Agency Compliance
Strategy / M&A Portfolio strategy & market prioritization, country review, inorganic v. organic growth prospects, M&A transaction management

3. The Role of the CFO (continued)
Control Legal, Regulatory, Local and GAAP Reporting, Basel II Implementation, Local Tax Reporting, Risk Reporting, GAAP, IAS or Other implementation & compliance, Work with Audit on proper controls and assessments, Product Control (incl. price verification and rate reasonability, etc.), Legal Vehicle Management
Audit Coordination, tracking and monitoring of self-assessment, FDICIA, Sarbanes-Oxley, GL Account proof and reconciliation monitoring, Balance Sheet Analysis

4. One Citi – Global Structure
Citigroup
Corporate Center
Citi Markets and Banking (CMB)
Global Consumer Group (GCG)
Global Wealth Management (GWM)
Citi Alternative Investments (CAI)

5. FMA Core Message
The FMA Program creates a global pipeline of CFO-track talent within the finance function of Citi’s sectors.
We believe this is the leading financial management program in the world
Best training
Most Global
Excellence in finance key areas:
Treasury
Strategy/M&A
Planning and Analysis
Audit
Controllers
Helping to build a global standard for Finance

6. FMA Program Structure
FMA Classes are comprised of MBA campus hires and internal
FMAs are hired into one of five regional hubs: U.S., Latin America, Europe, Asia and Japan
Four week training program to commence in August
18 month rotational program - three, six months each
Each FMAs will do two rotations in their region of hire and one ‘international’ rotation as an option
It is the expectation that all FMAs return to their hub of hire for full-time placement

7. Summer Program Structure
10 to 12 weeks in length – working in one group/function
Opportunities in:
New York
London
Asia
Mentors:
SAs will be assigned to both a junior and senior mentor
Networking Opportunities:
Many formal and informal events for all SAs
Open door policy for SAs
Reviews:
Mid-summer and end of summer review
Each SA will present their summer project(s) to peers and members of the management committee

8. Recruiting – Global Hubs
EMEA: 3-5
United States: 26-28
Japan: 1
Latam: 2
Asia: 2
Target class size of 35 (estimate)

9. Recruiting Process Full-time FMA Program
Total global class size target 35 (estimate) Full-time on-campus recruiting efforts will focus on: New York, Latin America, Asia Pacific, Japan
Candidates select their region of interest when applying
Timeline:
September 20: Management Associate Campus presentation
September 21: Corporate Finance Forum – FMA presentation
September 27: Resume Deadline
October 17: First round interviews on campus (2nd yr MBAs)
November 2: Final round interviews (in New York) Mid – November: Offers extended
Summer FMA Program – We’ll be back on campus! Stay tuned!!!
Recruiting Manager: Melanie Stave,

10. Where to Apply Resume Submissions need to be done in TWO locations:
Submission Deadline: September 27, 2007
- Citi Online Application website:
(Please visit us at for more information)
- Ross Business School Office of Career Development

11. Michigan Alumni / Recruiting Team+
Jonathan DeCristofaro – Vice President Corporate Strategy and M&A, Citi Corporate Center
Scott Smentek – Senior Vice President Planning & Analysis, Capital Markets and Banking
Rodrigo Rocha – Vice President Investment Management, Citi Alternative Investments
Rajesh Ramanujan – Vice President Strategy, Private Client Group - Global Wealth Management
Dawid Janas - FMA Financial Management Associate – On Program
GO BLUE!

12. Q&A
It’s your turn!