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
Social Impact
Financial Services

Compensation Overview

$170k - $300kAnnually

+ Incentive Awards + Retention Awards

Senior

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
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Salesforce
Data Analysis
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 wide range of financial services, including consumer banking, corporate and investment banking, and wealth management, to clients around the world. Its services include loans, credit products, securities brokerage, and asset management, catering to individual consumers, businesses, and government entities. Citigroup operates in over 160 countries, utilizing its extensive global network and technology to offer efficient financial solutions. Unlike many competitors, Citigroup emphasizes its commitment to sustainability and social responsibility through significant investments in environmental, social, and governance initiatives. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

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 partnership with Mastercard enhances its position in the digital banking sector.
  • The introduction of 'Green Deposits' taps into the growing sustainable banking market.
  • Citi's involvement with Jumia positions it strategically in the expanding African e-commerce market.

What critics are saying

  • Increased competition from digital platforms like Versana may challenge Citi's market position.
  • Citi's 'Green Deposits' could face scrutiny if environmental impacts are questioned.
  • The volatile African e-commerce market poses risks to Citi's partnership with Jumia.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The company integrates ESG initiatives into its operations, appealing to socially conscious investors.
  • Citi's technological infrastructure supports innovative solutions like Google Pay Plex accounts.

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