Senior Vice President, Risk Identification Job at Citi (Jackson Heights)

Citi in Jackson Heights, NY

  • Industry: Executive Management - Accounting/Finance
  • Type: Full Time
  • $205,500.00 - 205,500.00
position filled

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Career Opportunity

Senior Vice President, Risk Identification

Apply Now Locations: New York, New York Job Function: Business Strategy, Management & Administration Employee Status: Regular Job ID: 19145927

About Citi

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.

Citis 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 publics 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.

About the Group:

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 firms risk identification, risk appetite, and risk governance frameworks; the new and modified product approval framework; risk policy; risk governance committees; risk reporting; risk controls and issue management; risk learning and development; and risk budget management.

About the Team:

As part of this function, the Risk Frameworks & Identification team is responsible for managing the firm's risk governance framework, risk appetite frameworks, and risk identification program to support a clear and consistent articulation of the firm's risk appetite, appropriate capture of material risks facing the firm, and integration of both with the firm's day-to-day risk management practices to ensure those risks are managed, monitored, and controlled.

About the Role:

The current opening is for a Senior Vice President candidate to support the firms identification program, which includes the Risk Taxonomy, the Material Risk Inventory and the Risk Assessments of Plan. The responsibilities of the role are significant contributors to the success of the broader teams mandate to deliver best-in-class risk governance programs and processes.

Key Responsibilities:

  • Deliver the quarterly risk identification process, which includes working with business and risk stakeholders to ensure content is updated and reviewed and challenged.
  • Drive the analysis of the risk inventory to glean insights on emerging risks, trends or other noteworthy areas for communication with senior management, regulators, the Board or to inform future program enhancements.
  • Collaborate with team members to further enhance the connectivity of risk identification processes with day-to-day business and risk management practices. This will include strengthening existing linkages or establishing new linkages to other practices at the firm.
  • Participate in projects related to the digitization of the risk identification process and to enhancing the analytics underpinning the risk inventory.
  • Support the engagement of senior management across the firm to socialize program enhancements and attend various senior-level risk committees to advance the implementation of those enhancements through challenge discussions and support regulatory and audit reviews at various levels.
  • Partner with the Risk Appetite and Risk Governance Framework teams to further integrate risk identification concepts into each program.

Development Value:

The successful candidate will have the opportunity to be part of some of the highest profile strategic initiatives for Risk and the firm, as mandated by the Board, Chief Risk Officer, Chief Operating Officer of Risk, and the Risk Management Executive Council. They will have exposure to regulators, senior management, and subject matter experts across businesses and functions. Finally, they will be able to deploy their firm-wide perspective across Citi businesses and risk types to impact the firms core business and risk management practices.

Qualifications:

  • 8+ years of experience in the financial services industry, preferably in risk management
  • Undergraduate or Advanced degree(s) with an analytical focus (e.g., finance, business administration, economics, etc.)
  • Fundamental understanding of the full taxonomy of risks and of Citis businesses and products and their risk / return profiles
  • Strong written communication skills related to policy writing and Board-level presentations / dashboards
  • Strong verbal communication skills and ability to translate complex material for a variety of internal audiences
  • Proven experience in driving own book of work and delivering against firm-wide, cross-risk initiatives
  • Adept at building relationships with key stakeholders and influencing and negotiating to drive change
  • Excellent organizational and time management skills; pro-actively informs manager of progress against tasks

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Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - US

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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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 CLICK HERE .

To view the "EEO is the Law" poster CLICK HERE . To view the EEO is the Law Supplement CLICK HERE .
To view the EEO Policy Statement CLICK HERE .
To view the Pay Transparency Posting CLICK HERE .

Apply Now


Associated topics: accounting, audit, banking, cash, chief finance officer, credit, equity trading, finance, fiscal, investor

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