Full-Time
VP – Risk & Control
Derivatives and Market Risk, RWA, Hybrid
Confirmed live in the last 24 hours
Citigroup
10,001+ employees
Global financial services and banking solutions
Compensation Overview
$103.9k - $155.9kAnnually
Senior, Expert
Tampa, FL, USA
Hybrid position.
- 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.
- 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 variety of financial services to a wide range of clients, including individuals, businesses, and governments. Its offerings include consumer banking, credit services, 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 initiatives. The company's goal is to create a positive financial and social impact while ensuring growth and profitability.
Company Stage
N/A
Total Funding
$59.8M
Headquarters
New York City, New York
Founded
N/A
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -9%
Simplify's Take
What believers are saying
- Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
- The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
- Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.
What critics are saying
- Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
- Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.
What makes Citigroup unique
- Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
- The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
- Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.
Help us improve and share your feedback! Did you find this helpful?