Full-Time

Vice President – Recovery and Resolution Planning Lead

Posted on 1/17/2025

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$142.3k - $213.5kAnnually

+ Incentive Awards + Retention Awards

Senior

Long Island City, Queens, NY, USA

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 5+ years of relevant work experience preferred
  • Strong communication skills, both written and verbal
  • Significant intellectual curiosity and desire to learn how Citi’s conducts its activities, often at the most granular level, in order to develop subject matter expertise
  • Superior attention to detail and diligence to ensure internal and external expectations are met sufficient to withstand scrutiny of senior executives, 2nd and 3rd lines of defense, and regulators
  • Ability to discern open-ended, ambiguous mandates, regulatory requests or guidance, and recommend an appropriate course of action
  • Ability to influence and build strong relationships with people at varying levels across the organization
  • Must be a team player while also demonstrating an ability to work independently in a fast-paced and matrixed environment while multitasking and meeting strict deadlines
  • Bachelor’s degree in an analytical field such as economics, finance or accounting is preferred
Responsibilities
  • Lead the design and strategy of MLE, CBL, CO, GF chapter content for the Recovery and Resolution Plans by partnering with subject matter experts in multiple functions, businesses and jurisdictions
  • Execute the annual designation of Citi’s MLEs, CBLs and COs
  • Facilitate central reviews of international recovery plans and ownership of the related procedure
  • Build consensus from senior leaders to ensure accuracy and alignment of regulatory messaging
  • Provide updates to the Head of RRRP and other senior executives on the status of key strategic deliverables
  • Incorporate feedback from various stakeholders engaged throughout the plan submission process
  • Draft other regulatory and senior management communications related to RRP

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. Citigroup generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citigroup's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's focus on digital banking aligns with the growing trend of digital-first banking.
  • The partnership with Jumia opens growth opportunities in Africa's expanding e-commerce market.
  • Positive earnings report indicates recovery in consumer confidence and spending.

What critics are saying

  • Increased competition from digital platforms like Versana challenges Citi's market position.
  • Citi's exposure to Africa's volatile e-commerce market poses potential risks.
  • Regulatory scrutiny may impact Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The introduction of 'Green Deposits' highlights Citi's commitment to sustainable banking solutions.
  • Citi's partnership with Mastercard for Google Pay Plex accounts enhances its digital banking offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays