Citi Lf

Internal Job Title:
Citi LF / Holdings Global Risk Identification & Governance Lead - C13 - Hybrid

**About the Team**:
We’re currently looking for a high caliber professional to join our team as Vice President, - Hybrid (Internal Job Title: Citi LF / Global Holdings Risk Identification & Governance Lead - C13) based in New York (United States of America). The Citi LF/Holdings RGF Team has the responsibility to establish a robust framework that enables effective risk and control management in relation to the First Line of Defense functions across global Legacy Franchises / Citi Holdings whilst ensuring the execution of strategy refresh actions as per the plan, driving the on-time, complete delivery of all regulatory, policy and firmwide commitments associated with the book of work.

**About the Role**:
The Citi LF/Holdings Global Risk Identification & Governance Lead is responsible for supporting the head in the management, governance, and oversight of the implementation of Citi’s Enterprise Risk Management Framework, programs and processes that span the organization, the lines of defense and various risk categories. These include but are not limited to risk identification, risk monitoring, strategic risk assessment, risk appetite & limits, new activity risk management, risk frameworks & policy advisory, and audit management. The role has a direct reporting line to the Citi LF / Holdings Global Risk & Governance Framework Head, based out of New York. The role will coordinate closely with Global Holdings and the broader Legacy Franchise management team to ensure a consistent approach where possible to enterprise risk management, policy compliance, and enterprise / LF project management including consent order deliverables and audits.

**Key Responsibilities**:
**Risk Identification & Governance**:

- Responsible for coordination, consolidation, and end-to-end management of the materials for the Material Risk Inventory, LF/Citi Holdings Risk Assessment of Operating Plan (RAOP) and Strategic Risk Assessment processes for LF/Citi Holdings globally.
- Develop, deploy, and enhance risk and control monitoring and reporting processes to measure control performance and enable effective risk and controls identification, monitoring and governance.
- Analyze data and prepare management reporting materials for relevant governance forums.
- Develop the presentation of the key top, material, emerging and strategic risks to senior management.
- Drive execution of the risk identification efforts in partnership with team members and other relevant 2LOD/3LOD teams across the bank for timely and effective outcomes that meet the firm’s expectations.
- Responsible for execution in accordance with the Target Operating Model (TOM) principles and ensuring that the critical activities are identified, assessed, and reported to senior management.

**New Activity & Risk Management, Risk Appetite & Limits**:

- Monitoring of the risk appetite statements and assessments processes to ensure execution globally across all relevant LF/Citi Holdings teams (as applicable)
- Assist with identification of the risk limits and thresholds to ensure these are categorized and assessed as per the policies effectively.
- Management of KRI inventory and involved in the risk pool metrics maintenance activities.
- Responsible for new activity risk management, including, but not limited to product inventory mapping, reviewing of proposals from businesses to assess for compliance to the New Activity Policy
- Assisting the lead with the performing of ongoing monitoring for new activities approvals globally for LF/Citi Holdings
- Ensuring the Product Risk Ratings and Periodic Refresh and Time/Event Based Reviews are performed within the expected timelines.

**Risk Framework & Policy Advisory**:

- Consolidation and coordination for the Lines of Defense Designation review across all Organization units for LF / Citi Holdings
- Providing advisory to relevant business teams as needed
- Assisting the lead with development and oversight of policies, procedures aimed at minimizing current and potential risks ensuring that LF/Citi Holdings organization remains compliant with relevant internal and external policies at a franchise level.
- Raising risks and issues (iCAPs), ensuring proper reporting and categorization of risks based on the Citi Risk taxonomies.

**Development Value**:
**Qualifications**:

- 8+ years of experience in risk and controls, operational and compliance efforts in financial services
- Exceptional communication, presentation and strategic skills to appropriately engage with senior stakeholders
- Adept at building relationships with key stakeholders and influencing and negotiating to drive change
- Solid organizational skills and ability to pivot between team and stakeholder management
- Understanding of Citi Holdings risk profiles across multiple geographies
- Minimum Bachelor’s Degree or equivalent professional qualification. Master's de