SVP - Risk Frameworks Design and Execution Manager - SINGAPORE

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Citi’s Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

Enterprise Risk Management (ERM) within Independent Risk Management is responsible for overseeing the implementation of Citi’s Enterprise Risk Management Framework and for specific enterprise-level risk management programs and processes that span the organization, the lines of defense and various risk categories. The group is headed by the Head of ERM who reports directly to the Citigroup Chief Risk Officer (CRO).

We’re currently looking for a high caliber professional to join our team as SVP- Risk Frameworks and Execution Manager - Hybrid (Internal Job Title: Regulatory Risk Sr. Officer C14) based in Changi, Singapore.

About the Role:

The current opening is for the LEO – Frameworks design and execution manager, reporting within the Global Legal Entity Oversight and Execution team.

In this role, you are expected to:

• Strategy and design of Legal Entity Risk Management Frameworks (LE RMF) supported by application of Risk Identification, Risk Appetite, Stress testing minimum baseline standards.
• Collaborate with Enterprise Risk Frameworks and Policy team for the Group to establish a centralized and streamlined approach for risk framework and minimum standards for legal entities.
• Collaborate with ERM leads and senior stakeholders to finalize strategy and design for their respective programs to clarify proportional application for legal entities.
• Collaborate with Risk Segment leads to ensure their respective policies define proportional requirements for enterprise programs as they apply to legal entities.
• Work closely with International CRO and legal entity CRO/RMCO teams to ensure feedback and buy-in of the proposals for Enterprise programs and Risk segment policies.
• Work closely with ERM technology to design business requirements and their implementation to utilize strategic platforms for legal entities.
• Engage with regional peers and global teams on an ongoing basis to ensure consistency of approach adopted at enterprise and its application to Legal Entity capabilities.
• Experience in establishing robust risk and control processes within risk management.
• Significant interaction with a wide range of senior bank and risk management colleagues, as well as external stakeholders such as regulators/auditors.

As a successful candidate, you'd ideally have the following skills and qualifications:

• Experience in Risk Management with proven record in establishing frameworks across financial and non-financial risks.
• Experience in setting up Risk processes with exposure to different verticals within a Risk Stripe will be beneficial.
• Systems/technology experience in data mining, sourcing, defining, and implementing risk exposure and metric requirements.
• Experience interacting and influencing senior management, regulators, and Internal Audit.
• Understanding of European and/or Global regulatory landscape.
• Understanding of Citi's business model and/or that of other financial institutions.
• Understanding and experience of Corporate Governance, risk programs and reporting.

Skills:

• Excellent organizational skills, ability to multi-task effectively in a high volume and complex environment.
• Excellent communication skills required to negotiate internally, often at a senior level, and some external communication may be necessary.
• Ability to build strong internal and external networks.
• Excellent team player while working independently to bring tasks to completion.
• Excellent at understanding, utilizing data for building a narrative and business requirements.
• Excellent proficiency in Microsoft Office – particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation).

Qualifications:

• 14-15 years relevant experience.
• Knowledge of risk categories spanning Financial (Market, Credit, Liquidity) and Non-Financial Risks (Operational, Compliance, Reputation and Strategic).
• Awareness of both bank (including Branch network) and broker dealer chain and their respective strategies, products, risk profiles and regulatory requirements in a global marketplace.
• Broad understanding of classifiable and delinquency managed credit and operational policies and procedures, including a command of the collateral management process.
• Thorough knowledge of financial and risk reporting as well as experience from the business and/or technical area desired.
• Familiarity with regulatory landscape facing global banks. Ideally, have worked in banking industry or regulators institutions.
• Previous experience in managing Regulatory Inspections and Audits within a financial services company.
• Proven relationship management skills with ability to deepen relationships and build partnerships across the business, executive leadership and key functional support areas like Compliance, Control, In-business Risk and Independent Risk.
• Project management experience with the proven ability to develop project plans and drive a diverse group of stakeholders to achieve milestones and deadlines.
• Proven ability to manage multiple, concurrent large-scale projects from ideation through testing and implementation.

Education:

• Bachelor’s/University degree, Master’s degree preferred.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today.

https://jobs.citi.com/dei

Job Family Group: Risk Management

Job Family:Regulatory Risk

Time Type:Full time

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.