Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
Team Overview: The Risk Governance function within the Chief Operating Office of Independent Risk Management is responsible for the design and implementation of firm-wide frameworks and practices that are integral and fundamental to Risk Management within Citi. These include, but are not limited to, the firm's risk identification, risk appetite, and risk governance frameworks; the new and modified product approval framework; risk policy; risk governance committees; risk controls and issue management; risk learning and development; and risk budget management. As part of this function, the Regulatory Affairs, Quality Assurance Review and Governance Committee team leads proactive oversight of Risk Management efforts to deliver timely and best-in-class outcomes against regulatory expectations in addition to supporting firm-wide risk governing committees.
Position Objective: The current opening is for a Senior Vice President level candidate to join the Governance Committee team and lead the management and review of contents that are presented at the Board Risk Management Committee (RMC) and CBNA Risk Committee. The Board RMC is a standing committee of the Board of Directors and assists the Board in oversight of Citigroup's risk management framework, including significant policies and practices used in managing credit, market, operational and certain other risks. The CBNA Risk Committee is the senior executive level committee responsible for reviewing the CBNA Risk Appetite Framework, thresholds, and usage against the established thresholds. The Committee is also responsible for reviewing reports designed to monitor market, credit, operational and other risk types that impact CBNA.
Lead the management of communications, material development and agendas supporting the Board RMC and CBNA Risk Committee
Act as senior advisor to internal stakeholders on presentation materials submitted to ensure effective, appropriate and accurate communications
Manage and monitor governance responsibilities for the Board RMC and CBNA Risk Committee and oversee follow-up items
Engage with various senior subject matter experts (across all businesses) and members of the Risk Management Executive Council to identify top of mind issues / topics and interact and communicate with senior management to identify key topics of interest to bring to the Board RMC and CBNA Risk Committee
Synthesize key findings and recommendations into clear and succinct presentations for the CRO and Risk Management Executive Council as well as other internal and external forums
Engage in high priority strategic/regulatory ad-hoc projects for the Risk Governance function by identifying and structuring problems, analyzing root causes, developing solutions, communicating project results, and obtaining buy-in for change
Develop strong working relationships and effectively partner with key stakeholders and subject matter experts across the organization (business & functions) to accomplish goals
Development Value: Position provides a unique vantage point to gain a firm-wide perspective across all businesses (ICG, CCB, GCB) and risk types (credit, market, liquidity, and operational, as well as strategic). The role provide the privilege of working closely with Citigroup and CBNA senior management, as well as other functions including Finance, Internal Audit and Legal. The position also provides the opportunity to engage in high profile initiatives and mandates from the Citigroup and CBNA CROs and Risk COO, which allows for direct involvement in some of the most critical strategic projects throughout the Risk organization and the entire firm.
8+ years of experience in the Financial Services industry, preferably in a role that requires superior problem solving, analytical thinking / capabilities and excellent oral / written communication skills
Undergraduate / Master's degree(s) with an analytical focus (e.g. finance, economics, engineering, mathematics etc.).
Strong analytical skills and working knowledge in the principles of credit, market, liquidity, strategic, operational and compliance, and / or reputational risks
Understanding of Citi's businesses and products and their risk / return profiles across multiple geographies, or prior experience evaluating similar businesses, products, and geographies
Experience with risk management measures such as OSUC, PSE, NCL, LLR, CVA, VaR
Ability to lead projects end-to-end that involve collaborating with multiple stakeholders across businesses and functions. Previous experience in project management a plus
Proven ability to successfully influence, facilitate, and partner. Ability to build strong internal and external relationships
Superior writing skills, able to effectively present in text or slide format
Ability to quickly assimilate and analyze large amounts of information
High attention to detail, ability to work under pressure and tight deadlines
Proactive and highly motivated with the ability to multi-task productively and to work independently as well as collaboratively
High proficiency in MS office (Excel, Word, PowerPoint)
Excellent organizational, follow-up and time management skills.
Ability to quickly learn new concepts and pick up business knowledge
Internal Number: 6014902
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