Full-Time

Business Risk Senior Group Manager

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$170k - $300kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Long Island City, Queens, NY, USA + 4 more

More locations: Washington, DC, USA | San Antonio, TX, USA | Fort Lauderdale, FL, USA | Jacksonville, FL, USA

Primary location is Jacksonville, Florida.

Category
Risk Management
Finance & Banking
Required Skills
Salesforce
PowerPoint/Keynote/Slides
Requirements
  • FINRA Series 7, 66 (or 63 and 65), 24, 4, 53 (and/or 9/10)
  • Relevant 15+ years of supervisory experience in the financial industry; compliance or other risk experience also preferred
  • Experience managing teams with broad accountability in a complex environment
  • Ability to work effectively in a cross-functional organization
  • Ability to balance strategic priorities with tactical actions
  • Proven track record and accountability in making quick decision that have an immediate impact on business financials
  • Strong Leadership skills
  • Strong staff development and ability to delegate
  • In-depth knowledge of Bank and Broker-Dealer businesses
  • Strong knowledge and experience in complex investment products such as Alternatives, Structured Products, Derivatives, Syndicate, Options and Third Party Managed Funds
  • Ability to multi-task, assess and balance diverse priorities
  • Strong presentation skills with ability to interact with all levels of Citi Management
  • Ability to work in a team-oriented environment
  • Strong analytical skills
  • Excellent written and verbal communication skills
  • Strong organizational and time management skills
  • Excellent interpersonal, relationship, negotiating and diplomacy skills
  • Ability to work independently, execute on agreed upon timelines and work under pressure
  • Experience in internal/external audit management
  • Strong problem-solving skills
  • Ability to see the big picture with high attention to critical details
  • Demonstrated ability to contribute to/participate in process improvement initiatives
  • Ability to identify issues/trends, evaluate alternatives and recommend comprehensive and innovative solutions
  • Strong Project Management Skills
  • Proficiency in MS Office (including Excel, PowerPoint, SharePoint, and Teams), Pershing NetX360, Actimize Surveillance, Salesforce and other related business applications preferred
  • Bachelor’s/University degree or equivalent, Masters degree a plus
Responsibilities
  • Escalation-point for Product-Function Compliance, Compliance Surveillance, regulatory, litigation, disciplinary, and HR matters
  • Business SME and/or working group Supervision lead: Regulation Best Interest, RDIP, OCC RNDIP, Actimize supervisory platform, Heightened Supervision, Sales Practice Incident, Mutual Fund/UIT, Non-traditional ETF, Structured Products, Alternative Investments, Non-Traded REIT, Low Priced Securities, Digital Asset Investment Product, Margin and Securities-Backed Lending, Servicemembers Civil Relief Act, Gifts & Entertainment, Pricing, Vulnerable Adult, and others
  • Authors and implements Written Supervisory Procedures in accordance with FINRA 3110(b) and their associated monitoring routines
  • Owns Issues and Corrective Action Plans (CAPS) resulting from self-identified issues, and those identified through periodic monitoring routines and exams by the 2LOD and 3LOD, and external regulators
  • Frequent weekly interaction with the Field, Compliance, Legal, Risk & Control Partners in the preparation and delivery of relevant firm and regulatory content
  • Accountable for management of complex/critical/large professional disciplinary areas
  • Oral presentations to regulators when required
  • Define Business & Functional specifications for technical enhancements and write the associated requirements documentation
  • Ability to identify automation and efficiency opportunities
  • Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function
  • Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity
  • Generally accountable for delivery of a full range of services to one or more businesses and geographic regions
  • Ensure that emerging risks identified are socialized with key stakeholders and mitigation strategies are in place
  • Identify areas of engagement based on level of investment, inherent risk, complexity of change and other risk factors
  • Execute Risk Control coverage strategy, ensure appropriate risk mitigation actions are in place and escalate to senior management as appropriate
  • Provide supervision of Risk Control team's efforts and assist with prioritizing and addressing roadblocks encountered
  • Leverage reporting to identify trends, themes and areas requiring improved controls
  • Drive Manager's Control Assessment monitoring, quarterly approvals and improvements required and regulatory change management to mitigate risk on an ongoing basis
  • The position requires substantial interaction and collaboration with different Risk teams, Compliance, Legal, Product and Operations, and other functional business partners to optimize controls
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. 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, as demonstrated by its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while ensuring 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.
  • The €410 million investment in SeQura supports international market expansion.
  • Citi strengthens SME lending with a £200 million debt funding package for iwoca.

What critics are saying

  • Increased competition from fintechs like Pylon may lead to market cannibalization.
  • SeQura's expansion may not meet expectations, affecting Citi's returns.
  • Citi's large debt funding packages increase exposure to credit risk.

What makes Citigroup unique

  • Citi operates in over 160 countries, offering a vast global network.
  • The company integrates technological innovations for seamless banking solutions.
  • Citi's commitment to ESG initiatives sets it apart in sustainability efforts.

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