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SVP Business Risk - Counterparty Credit Risk & Controls - Product Lead

Company: Citi
Location: Clearwater
Posted on: January 13, 2022

Job Description:

Citi Markets & Securities Services (MSS) Risk & Control is looking for an individual with both a Counterparty Credit Risk and Project Management background with experience delivering 1st Line programs designed to enhance credit risk controls. The successful candidate will have solid experience working with Markets businesses and trading desks, 2nd Line Credit Risk and Operations & Technology. The role will cover the end to end program and project management of the team's agenda with a significant focus on the build out of intraday credit risk standards, controls, and processes.This role is a key member of a broader 1st Line Risk & Control function directly supporting MSS as one of the major businesses within the Institutional Clients Group. The MSS Risk & Control team is mandated to establish and maintain a robust 1st Line of Defense designed to minimize risk within the business including leading critical control remediation projects to mitigate risk in Trading, Financial Crimes and Conduct while ensuring strong governance to measure, monitor, manage and escalate key risks.Key Responsibilities:

  • Help design, implement and operate the MSS 1st Line processes and controls as part of the broader counterparty credit risk and control framework
  • Coordinate across a wide range of stakeholders including sales, risk, tech and ops.
  • Partner with related programs both within and outside of the broader remediation programs to ensure consistency and coordination (methodology, settlements, stress, booking controls, data & system architecture)
  • Execute best practice program and project management, instilling appropriate disciple and on time implementation across the broader team. Includes resource and budget tracking.
  • Prepare and present communications to senior management and governance forums on project progress.
  • Oversee tracking and timely completion of corrective action plans while promoting self-identification of issues.
  • Escalate concerns and issues to senior leadership, independent risk management and management committees.Qualifications and Competencies:
    • Bachelor's degree required, Master's degree preferred
    • 10-15 years' experience ideally in a risk and control function and/or in a program management function focused on risk and controls and related processes
    • Familiar with a range of traded products and businesses in the investment bank and the corresponding controls and risk measures
    • Experience working on, managing, and leading large cross functional programs
    • Track record of driving change and innovating in the risk and control space
    • Strong organizational leadership and influencing skills
    • Strong written, verbal, and interpersonal communication skills
    • Works well under pressure and in tight deadlines-Job Family Group:Risk Management-Job Family:Business Risk & Controls-Time Type:-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 Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting-Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Clearwater , SVP Business Risk - Counterparty Credit Risk & Controls - Product Lead, Other , Clearwater, Florida

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