Vice President, Group Risk Management

Vice President, Group Risk Management   

Jersey City, United States   

About Citco   

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.    

For more information about Citco, please visit www.citco.com    

 About the Team:    

Citco has a comprehensive Enterprise Risk Management (“ERM”) Framework, which serves as the foundation of Citco’s risk culture, promoting awareness and accountability at all levels of the organisation.   

This role forms part of the Group Risk Management (“GRM”) function within the Second Line and provides support primarily to the Citco Fund Services (“CFS”) Division.    

Risk governance at Citco operates using a “Three Lines Model” and this role will involve working closely with various teams across the Three Lines to ensure that ERM is efficiently and effectively implemented on a consistent basis within CFS.    

This role has an international remit and the successful applicant will be part of a global GRM team.    

 Role:    

• Assists the business in the identification, evaluation, management and monitoring of applicable risks;
• Builds and maintains effective working relationships with key stakeholders, including but not limited to Process Owners, Senior Management, GRM, Group Compliance and Group Internal Audit;
• Assists management in embedding risk management awareness and practices within the business;
• Facilitates execution of risk management policies and procedures within the First Line;
• Acts in an advisory capacity regarding the development/enhancement of relevant policies, procedures operating practices and reporting arrangements;
• Contributes to the enhancement of ERM framework, including policies, procedures and toolkits;
• Participates in review, analysis and oversight of Risk Events, Action Plans, and Risk Assessments;
• Prepares and presents accurate, comprehensive and impactful reporting on behalf of GRM at relevant governance forums, including board meetings and risk committees;
• Participates actively in relevant risk committee meetings, providing appropriate challenge; and
• Assists in the provision of risk and control awareness training and guidance to employees at all levels of the organization.

About You:   

• Holder of a relevant Bachelor’s degree;
• Holder of a risk-related academic/professional qualification advantageous;
• Minimum of ten years’ overall experience in financial services, with more than five years’ experience at managerial level in a risk-related role;
• Significant knowledge and experience of the funds industry is highly desirable;
• Team player with significant experience of working effectively as part of a global team;
• Highly collaborative, innovative, and effective interpersonal and communication skills;
• Demonstrates a “Check and challenge” mentality, leveraging the risk toolkit and product knowledge to implement the desired improvements in a controlled manner;
• Ability to influence and develop relationships with senior business leaders;
• Strong analytical ability with high attention to detail, ideally with experience of data analytics tools;
• Demonstrates effective project and time management skills with proven ability to multi-task and operate successfully in a dynamic, fast-paced environment;
• Willing to undertake domestic and international travel; and
• Experience of large scale projects, including digital transformation, is a distinct advantage.

Salary Range: USD $120,000 - $170,000   

Our Benefits   

Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.    

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.      

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.      

Citco is an Equal Opportunity Employer. It is our policy to make all employment and personnel decisions without discriminating on the basis of race, color, creed, religion, sex, physical disability, mental disability, age, marital status, sexual orientation, citizenship status, national or ethnic origin, and any other protected status.       

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties to meet the ongoing needs of the organization.