Business Risk Senior Group Manager

1 day ago


Kew Gardens, New York, United States Citigroup Inc Full time
Job Summary

The Business Risk Sr Group Manager is responsible for managing multiple risk management activities through direct reports and partnerships with key stakeholders. This position requires in-depth understanding of the industry, direct competitors' products and services, and the commercial objectives of the business to ensure that our business remains within our stated risk appetite and drives value for clients.

Key Responsibilities
  • Manage the Wealth Enterprise Risk Management framework across Risk Identification, Scenario Risk Analysis, Risk Monitoring, and Risk Appetite Assessments
  • Monitor industry trends and articulate Citi's risk positions to Senior Management, including updates to Chief Risk Officer's, Product Managers, and Sr. Management related to risk trends, forecast, performance, and opportunities
  • Identify new tools and capabilities to mitigate current risks and anticipated changes/shifts in risk exposures across the variety of Wealth geographies, products, services, and clients
  • Develop strategic vision for integration of target state risk management framework to proactively prevent and reduce risks across the Wealth business
  • The position requires substantial interaction and collaboration with Policy, Business, Risk Management, Compliance, and other functional business partners to optimize strategic initiatives and execute responsibilities
  • Prepare senior management presentation of the business risk profile for senior business Committees and regulators
  • 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
Requirements
  • 15+ years experience in financial services; experience leading analytical teams is required, including managerial experience
  • 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 decisions that have an immediate impact on business financials
  • Excellent communication skills required in order to negotiate internally, often at a senior level; some external communication/negotiation may be necessary
Education

Bachelors/University degree or equivalent experience, potentially Masters degree and managerial experience


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