The Regulatory Risk Sr Officer I is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.
Responsibilities:
Regulatory risk project management ownership that includes co-ordination of quarterly forecasts as well as monthly credit loss forecast outlooks and on-going interactions with various internal/external constituents.
Project Management of various deliverables for Loss Forecast and Stress Testing area. Involvement in rationalization of EUCs (End User Computing).
Significant interaction with a wide range of senior bank and risk management colleagues, as well as external stakeholders such as regulators / auditors.
Initiates feedback session with Client to understand strength and focused areas. Leverages feedback to influence change throughout organization.
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.
Drive key Cost of Credit strategic initiatives in partnership with the Loss Forecast and Stress Testing Leadership team.
Efficiently solve complex, ambiguous problems/situations and add value beyond the scope of formal projects.
Identifies and sponsors the development opportunities for key individuals that help them gain broad exposure and experience. Influence organization initiatives to develop talent, knowledge and refine skills of organization. Modeling positive reward and recognition behavior consistently. Influences or leads efforts (e.g. succession planning, project assignments) that support organization and employee development. Recruits top talent and commits to developing. Ensures diverse talent pipeline at all levels.
Multi-tasks productively and reliably, while managing conflicting priorities.
Qualifications:
10+ years relevant experience.
Should have excellent proficiency in Microsoft Office particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation).
Thorough knowledge of financial and risk reporting as well as experience from the business and/or technical area desired.
Familiarity with regulatory landscape facing global banks. Ideally, have worked in banking industry or regulators institutions.
Previous experience in managing Regulatory Inspections and Audits within a financial services company.
Professional ability and presence to interact with Senior Bank, Regulatory and Audit Management.
Project management knowledge and experience working with diverse group of stakeholders to achieve milestones and deadlines.
Proven relationship management skills with ability to deepen relationships and build partnerships across the business, executive leadership and key functional support areas such as Investor Relations, Finance, Model Risk Management, Compliance, Legal, In-business Credit & Franchise Risk and Independent Risk.
Project management and process optimization/simplification experience with the proven ability to develop project plans and drive a diverse group of stakeholders to achieve milestones and deadlines.
Education:
Bachelors in economics, Statistics, Engineering, Applied Mathematics, and related disciplines.
MS or MBA preferred.
Job Family Group:
Risk Management
Job Family: Regulatory Risk
Time Type: Full time
Primary Location: Schaumburg Illinois United States
Primary Location Full Time Salary Range: $156,160.00 - $234,240.00
In addition to salary, Citis 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.
Anticipated Posting Close Date: Sep 19, 2024
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 .
#J-18808-Ljbffr
