Full-Time

VP – Risk & Control

Derivatives and Market Risk, RWA, Hybrid

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$103.9k - $155.9kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Tampa, FL, USA + 2 more

More locations: New Castle, DE, USA | United States

Hybrid role requiring in-office presence.

Category
Risk Management
Finance & Banking
Requirements
  • Strong background in financial services with understanding of banking / capital markets businesses, derivatives, and products.
  • Strong analytical and communication skills, including verbal and written presentation skills.
  • Program and project management skills and team player to drive the result.
  • Ability to collaborate and drive consensus across different teams of stakeholders.
  • Knowledge of financial products, securities laws, rules, regulations, risks, and controls.
  • Experience with or previous exposure to internal control functions and regulators within the region, and in particular banking regulators.
  • Must be an initiative-taker, flexible, innovative, and adaptive.
  • Strong people skills with the ability to work collaboratively and with people at all levels of the organization.
  • 6-10 years of demonstrable experience in driving quality results.
  • Bachelor’s degree: experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; experience in area of focus.
  • Advanced degree a plus.
Responsibilities
  • Drive the process for tracking and monitoring of the execution of remediation efforts for Derivatives & Market Risk RWA risk stripes, and escalate as necessary.
  • Post Issue Closure, conduct credible challenges to ensure corrective actions are sustainable.
  • Act as single point of contact to coordinate (a) reviews for Derivatives & Market Risk RWA risk stripes, including those by Internal Audit, CRRT, and COBRA; (b) Issue, Corrective Action Plan (CAP), and Milestones developments.
  • Drive process for compilation of end-to-end RWA Derivatives & Market Risk stripes specific documentation owned by Capital Planning, including ensuring consistency of content.
  • Monitor the adherence to established procedures for Derivatives & Market Risk RWA risk stripes.
  • Develop subject matter expertise related to Basel rules with respect to Derivatives & Market Risk RWA risk stripes.
  • Partner with stakeholders to drive program management and working groups, as required.
  • To ensure adequacy and completeness of the issue closure documentation, perform check and challenge end-to-end process for issue closure.

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. Citi operates in over 160 countries, utilizing its extensive global network and technology to deliver financial solutions. The company generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citi's global reach and comprehensive service suite enable it to facilitate international trade and manage financial assets effectively. The goal of Citigroup is to support economic growth while committing to sustainability and social responsibility through investments in environmental, social, and governance initiatives.

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 involvement in Jumia's sales agreement taps into Africa's growing e-commerce market.
  • The 'Green Deposits' initiative aligns with the rising trend of sustainable investments.
  • Citi's gender pay equity disclosure strengthens its corporate governance and investor appeal.

What critics are saying

  • Increased competition from digital platforms like Versana may erode Citi's market share.
  • Citi's exposure to Africa's volatile e-commerce market poses potential financial risks.
  • Cybersecurity threats could increase with Citi's digital banking expansion through Google Pay Plex.

What makes Citigroup unique

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

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