Full-Time

Finance Resolution & Recovery Planning-Non-Financial Capabilities – Controls and Testing Senior Vic…

Posted on 12/20/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$176.7k - $265.1kAnnually

+ Incentive Awards + Retention Awards

Expert

New York, NY, USA

Category
Corporate Finance
Risk Management
Finance & Banking
Requirements
  • Bachelor’s degree in business, finance, economics, law, or related fields
  • 10+ years of relevant experience in corporate treasury, risk management, financial regulation, project management, or similar fields
  • Excellent oral and written communications skills to enable effective engagement with senior stakeholders.
  • Demonstrated expertise in a role focused on and comprehensive understanding of capabilities as well as proven track record with controls and testing programs
  • Deep knowledge of financial regulations and requirements, particularly those relating to recovery and resolution planning
  • Should understand the complexities of capital and liquidity management
  • Knowledge and experience in ensuring compliance with regulatory requirements as well as experience representing large financial institutions (preferably G-SIBs) with regulatory bodies (e.g., OCC, FDIC, FRB, PRA, EBA, etc.)
  • Highly developed analytical and problem-solving skills
  • Capable of managing multiple priorities and meeting tight deadlines in a dynamic work environment
  • Proven track record engaging and partnering with Business Unit (BU) leaders and cross-functional teams (e.g., Risk, Audit, Legal, Compliance, Technology, etc.)
  • Strong analytical and problem-solving skills with the ability to connect the dots across different business areas.
  • Proactive, highly organized with strong attention to detail while driving results within critical deadlines. Intellectual curiosity: Must be comfortable operating with some degree of ambiguity and defining approaches to handle “white space” inherent in an evolving regulatory environment.
Responsibilities
  • Define, enhance, and maintain the CCT framework, guidance, and procedures for core non-financial capabilities and relevant sub-capabilities.
  • Standardize and streamline the processes and relevant documentation.
  • Guide Accountable Executives (AEs) to maintain capability inventory, follow firmwide approach to assess controls and design comprehensive tests in accordance with CCT framework.
  • Review and challenge the completeness, adequacy and comprehensiveness of capabilities/sub-capabilities, controls and testing documentation and test outcomes to ensure adaptability under various stress scenarios and compliance with the regulatory expectation.
  • Provide governance and oversight of RRP related issues and corrective actions.
  • Support various governance bodies (e.g., Senior Governance Group and/or Recovery and Resolution Steering Committee) with required materials.
  • Support capability AEs in responding to regulatory exams, firmwide requirements/requests, and other inquiries in a timely manner.

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, demonstrated through its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while achieving growth and profitability.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

1812

Growth & Insights
Headcount

6 month growth

12%

1 year growth

12%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's investment in Pylon enhances access to institutional-grade mortgage products.
  • Strategic partnerships, like with Banco de Occidente, expand Citi's reach in emerging markets.
  • Increased lending capacity for SMEs through iwoca's £200m debt funding package.

What critics are saying

  • Increased competition from fintech companies like SeQura challenges Citi's market share.
  • Investment in Capitolis exposes Citi to volatile fintech market risks.
  • Integration with Pylon's platform may lead to operational risks.

What makes Citigroup unique

  • Citi operates in over 160 countries, offering a vast global network.
  • The company invests heavily in ESG initiatives, showcasing commitment to sustainability.
  • Citi's technological innovations enhance seamless and efficient banking solutions.

Help us improve and share your feedback! Did you find this helpful?