What are the responsibilities and job description for the ICG NAM Risk & Controls SVP position at Citi?
The NAM Risk and Controls SVP is accountable for the management of complex/critical/large professional disciplinary areas. Works across various legal entities, businesses, and risk stripes to coordinate regional risk and control management. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to regional lead and ICG management. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for NAM Risk and Controls. Assist lead in development of risk and controls function to monitor new business lines that develop with regulatory change.
Responsibilities:
- Accountable for management of complex/critical/large professional disciplinary areas.
- Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function.
- Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity.
- Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions.
- Ensure that emerging risks identified are socialized with key stakeholders and mitigation strategies are in place.
- Identify areas of engagement based on level of investment, inherent risk, complexity of change and other risk factors
- Execute Risk and Control coverage strategy, ensure appropriate risk mitigation actions are in place and escalate to senior management as appropriate
- Provide supervision of Risk and Control team's efforts and assist with prioritizing and addressing roadblocks encountered
- Leverage reporting to identify trends, themes and areas requiring improved controls
- Drive Manager's Control Assessment monitoring, quarterly approvals and improvements required
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
- 10 years of experience in Risk and people management
- Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary.
Education:
- Bachelor’s/University degree or equivalent experience, potentially Masters’ degree
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Job Family Group:
Risk Management-
Job Family:
Business Risk & Controls-
Time Type:
Full time-
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