Full-Time

Risk Management Framework Lead

Cross Function Alignment

Posted on 11/23/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

No salary listed

Expert

Mississauga, ON, Canada

Category
Risk Management
Finance & Banking
Required Skills
Risk Management
Requirements
  • Ability to critically think and make decisions in high-risk scenarios, appropriately assessing a situation based on available data, experience, intuition, and judgment.
  • Able to manage multiple competing priorities and work well under pressure.
  • Effective negotiation skills, a proactive and 'no surprises' approach in communicating Risk issues, strength in sustaining autonomous views.
  • Able to interface with various levels of management in Global/Region/Business and across functions.
  • Advanced technical skills such as Project Management and Microsoft Office.
  • Excellent verbal and written communication skills.
  • 10+ years of relevant experience, within the financial services industry preferred.
  • Prior experience in a fast-paced environment that requires flexibility and adaptability.
Responsibilities
  • Develop tools and processes to monitor adherence to the ERMF Framework.
  • Drive ownership and accountability for implementing polices and processes that aligns with the ERMF and meets external expectations.
  • Provide guidance to stakeholders on consistent application of the ERMF principles in business as usual risk management.
  • Collaborate with cross-functional Risk and first line units to identify linkage between the different aspects of the ERMF to drive faster decision making.
  • Provide risk assessment, identify gaps and recommend remediations for the gaps across the required Frameworks.
  • Influence outcomes across 1LOD, 2LOD by providing credible challenge on implementation and adherence to the ERMF.
  • Continuous enhancement of documentation and presentations on the connectivity in principles and standards across policies and processes throughout the risk management lifecycle.
  • Prepare materials to be used for senior management and Board-level committee discussions.
  • Participate in senior management discussions on behalf of the team relating to the ERMF.
  • Support the execution of Transformation activities.
Desired Qualifications
  • Master’s degree preferred

Citigroup provides a wide range of financial products and services to various clients, including consumers, businesses, and governments, across more than 160 countries. Their offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citigroup's services work by leveraging a global network and advanced technology to facilitate transactions, manage assets, and provide liquidity in the financial system. Unlike many competitors, Citigroup stands out due to its extensive international presence and commitment to sustainability through environmental, social, and governance (ESG) initiatives. The company's goal is to support global trade and investment while promoting responsible financial practices.

Company Size

10,001+

Company Stage

IPO

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

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Simplify's Take

What believers are saying

  • Citi's partnership with Mastercard enhances its position in the digital banking sector.
  • 'Green Deposits' align with the growing demand for sustainable banking products.
  • Citi's involvement with Jumia taps into the expanding African e-commerce market.

What critics are saying

  • Increased competition from digital platforms like Versana may challenge Citi's market share.
  • Citi's partnership with Jumia exposes it to risks in the volatile African e-commerce market.
  • Regulatory challenges may arise from Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The company integrates ESG initiatives, appealing to environmentally-conscious investors and customers.
  • Citi's technological infrastructure supports innovative solutions in consumer and corporate banking.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays

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