Description:
Global Risk Review (GRR) provides independent, objective, reliable, valued and timely assurance to the Boards, the Committees, the Citigroup Chief Risk Officer, the Citigroup Chief Credit Officer, senior management and regulators over the effectiveness of credit, capital and collateral risk management and the ability of the Business and independent Risk Management to identify, monitor and mitigate current and emerging risks. Within GRR, the Global Credit Risk Officer Program function drives best-in-class credit risk officer frameworks, training, policies, assessments, and periodic reevaluation consistent with expectations of the Board, Senior Management, and our regulators.
The VP, Global Credit Risk Officer Program Senior Business Associate will report to the Global Credit Risk Officer Program Assessments Lead (SVP). The incumbent will be responsible for supporting the Global Credit Risk Officer Program team in development of all parts of Global Credit Risk Officer Program. Credit Officers (COs) and Senior Credit Officers (SCOs) (collectively, “Credit Risk Officers”), are the foundation for all credit risk decisions made within Citi and CBNA. The importance of this function requires that the firm have a comprehensive and consistent approach to managing the Credit Risk Officer universe. The incumbent will have extensive interaction with colleagues across Banking, Capital Markets, and Advisory (BCMA), Citi Markets, Citi Commercial Bank (CCB), Citi Private Bank (CPB), Independent Risk Management, Independent Compliance Risk Management, and Learning & Development (L&D). The Senior Business Associate will play a critical role in enhancing the Global Credit Risk Officer Program.
The Global Credit Risk Officer Program is a core building block of sustaining an effective credit culture which supports safety and soundness at Citi and which includes numerous key elements that have been enhanced to create a more proactive, inclusive and transparent management of Citi’s Credit Risk Officer universe as governed by the Credit Risk Officer Policy. The Global Credit Risk Officer Program governs all aspects of the Credit Risk Officer journey beginning with training and qualifications for COs through governing the requirements and elevation process for achieving the SCO Level 1 Designation, the highest credit approval level at Citi.
Key responsibilities:
- Support the quarterly and annual MCA and ARCM processes for the team
- Coordinate and drive to completion any issues or milestones assigned to the team.
- Serve as the BAO (Business Activity Owner) for the vendor(s) supporting the GCROP team. Includes invoice submission and tracking, due diligence reports, and contract renewals.
- Supporting Global Credit Risk Officer Program team on various administrative tasks related to budget planning, expense management, procurement, contracts and coordination of meetings
- Responsible for leading the ongoing review and update of the policies, procedures, and manuals for the team.
- Gathering deliverables and/or prepare presentations to meet internal and regulatory needs
- Ad hoc projects designated by Global Credit Risk Officer Program Team
- Special projects supporting GRR Management
Development Value:
- Developmental opportunities include experience in a new, high visibility, dynamic function
- Significant exposure to a global mix of senior stakeholders across the Business and Risk teams and across all Regions
- Cross-training opportunities across the various GRR functions and greater Citi Risk
- Potential contribution to work on products presented to Senior Management, the Risk Management Executive Committee, regulators and Citi’s Board of Directors
Skills/Competencies:
- Energetic, proactive and responsive team player with the interest to learn
- Excellent time management and organizational skills
- Strong written and verbal communication skills - ability to express and communicate concisely and clearly with various levels of management
- Strong interpersonal skills including interest in presenting to senior stakeholders
- Proven attention to detail with ability to work independently and prioritize workload
- Ability to work under pressure for multiple ad hoc projects
- Flexibility in supporting various time zones
- Advanced proficiency in Microsoft Office, especially Excel and PowerPoint (Visual Basic experience a plus)
- Strong technology skills (proficiency in SharePoint a plus)
- Budgeting experience a plus
Travel:
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Job Family Group:
Business Strategy, Management & Administration
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Job Family:
Business Administration
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Time Type:
Full time
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Primary Location:
Jacksonville Florida United States
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Primary Location Full Time Salary Range:
$113,840.00 - $170,760.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Dec 27, 2024
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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.
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