Vice President, Risk Governance Committees (Hybrid)
New York, NY 
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Posted 15 days ago
Job Description

Team Overview:

The Risk Governance Committee team manages firm-wide cross risk type Governance Committees, including the Board Risk Management Committee (RMC), Group Risk Management Committee (GRMC), and CBNA Risk Committee. The team is part of the wider Risk Chief Administrative Office (CAO) that provides support to the Risk organization with a focus on governance, control effectiveness, regulatory engagement, risk communications, and financial performance including resource management.

Position Objective:

The objective of this role is to support the day-to-day management of the executive management Risk Committees, inclusive of the Group Risk Management Committee and the CBNA Risk Committee. The role involves working with the Group CRO and Citibank CRO on the agenda for the Executive Risk Management Committees and to deliver complete, accurate and timely information to senior management. These committees are responsible for overseeing the execution of the risk governance framework, for ensuring that the Citi and CBNA risk profiles remain consistent with approved risk appetite, including for aggregate and concentration risks, and for discussing top, growing, emerging and idiosyncratic risk issues facing the firm. The committees focus on the quantitative risks such as credit, market (trading and non-trading), liquidity, and strategic risks and escalate/report into the Citigroup and CBNA Board RMCs. This role works in tandem with the team managing the Board RMCs given the alignment of topics and objectives.

Key Responsibilities:

  • Help manage an integrated forward calendar for GRMC, CBNA RC, and Board RMCs, to help ensure coverage is comprehensive across all committees and aligned with committee charter and applicable regulatory requirements
  • Support the coordination of agendas, stakeholder communications, and material development supporting the GRMC, CBNA RC, and Board RMCs, working to improve alignment and coordination across all committees, demonstrating robust escalation and corporate governance processes
  • Support management and monitoring of governance responsibilities for the GRMC, CBNA RC, and Board RMCs, track coverage of top risks and oversee follow-up items
  • Interact and communicate with senior management to identify key topics of interest to bring to the GRMC, CBNA RC, and/or Board RMCs
  • Support high priority strategic/regulatory ad hoc projects for the Risk Governance Committee function across their lifecycle by identifying and structuring problems, analyzing root causes, developing solutions, communicating project results, and obtaining buy-in for change
  • Provide effective challenger to internal stakeholders on presentation materials submitted to ensure effective, appropriate and accurate communications
  • Engage with various senior subject matter experts (across all businesses) and members of the Risk Management Executive Council to ensure key risks are appropriately brought to the Executive Management committees
  • Produce clear and succinct presentations for the CRO and Risk Management Executive Council as well as other internal and external forums
  • Help define improved Risk Governance Committee controls in line with expanded Manager Control Assessment expectations, which will require ongoing execution and monitoring
  • Support maintenance of all standards and procedures for the Risk Governance Committee department
  • Respond to requests related to Internal Audit (IA) activities, including IA coverage requirements tied to governance and reporting activities.
  • Support for regulatory validation activities tied to transformation requirements
  • Contribute to enhancements to risk specific subcommittee committee governance practices
  • 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 (e.g. ICG and PBWM), geographies (e.g. NAM, EMEA, APAC, LATAM) and deeper understanding of the material risks across the firm (credit, market (trading and non-trading), liquidity, operational, compliance, reputation, and strategic). The role provides the opportunity to work closely with the Risk Management Executive Council, Citigroup Executive Management Team, as well as other global functions including Finance, Internal Audit and Legal. The position also provides the opportunity to engage in high profile initiatives and mandates from the CRO Office, which allows for direct involvement in some of the most critical strategic projects throughout the Risk organization and the entire firm. The role has consistently provided a career gateway into other risk disciplines.

Job Qualifications/ Skills

  • 6-10 years of experience in the Financial Services industry, preferably in a role that requires decision making, superior problem solving, analytical thinking / capabilities and excellent oral / written communication skills
  • Proactive, highly motivated with excellent planning, organizational, follow-up and time management
  • Attention to detail, ability to work under pressure and tight deadlines in a collaborative manner
  • Experience in committee management or corporate governance including understanding policy requirements, escalation protocols and associated control processes
  • Effective communicator including exceptional writing skills that creates effective, transparent presentations appropriate to the Board and Senior Executives
  • Proven ability to take decisions and influence, facilitate, and partner internally and externally
  • Working knowledge in the principles of credit, market, liquidity, strategic, operational and compliance, and / or reputational risks, including relevant risk management measures is preferable
  • Understanding of Citi's businesses and products or prior experience evaluating similar businesses, products, and geographies
  • Project management skills would be a plus but not essential
  • Ability to quickly learn new concepts and pick up business knowledge
  • Undergraduate / Master's degree(s) with an analytical focus (e.g. finance, economics, engineering, mathematics, etc.)

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Job Family Group:

Business Strategy, Management & Administration

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Job Family:

Strategy & Development

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Salary Range:

$137,610.00 - $206,420.00

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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 review .

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
6 to 10 years
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