Concentration Risk Management Executive Group Manager - Governance and Frameworks

    Citigroup Inc.
    New York, NY, NEW YORK, NY
    Full-time, Part-time

    Job Description

    The Concentration Risk Management (CRM) group is a newly established group within the Risk Management function. As a senior member, the Concentration Risk Management Executive Grp Manager - Governance and Frameworks (CRM EGM - G&F) will report directly to the CRM Group Head who reports to the Citigroup Chief Risk Officer. The CRM EGM - G&F will be responsible for two key areas of enterprise CRM:
    • Establishing and overseeing the overarching enterprise-wide CRM governance framework, which will involve incorporating a new enterprise-wide CRM policy with supplementary standards and procedures. The ECRM EGM G&F will oversee the implementation of complementary CRM policies and standards throughout individual businesses across Citigroup.
    • Linking CRM with other key enterprise-level governance frameworks and practices such as Material Risk Identification and CCAR to meet OCC Heightened Standards and ensure effective enterprise-level concentration risk management practices across Citi.
    This role requires significant interaction with a wide range of senior Banking and Risk Management colleagues and external regulators to execute on the above responsibilities.

    • Refine Citi's CRM governance framework with the aim of developing a more comprehensive CRM Risk Policy with complementary standards and procedures to govern enterprise-wide CRM at Citi in line with regulatory requirements.
    • Ensure Citi's CRM governance comprehensively addresses Citigroup's unique business model while concurrently meeting regulatory heightened standards established for CRM (by the OCC and other regulators) on an on-going basis.
    • Ensure Citi's CRM governance policies and procedures align with Citi's business managed policies and other enterprise-wide Risk governance policies, and that these policies appropriately incorporate CRM considerations into their governance.
    • Establish and co-ordinate on-going risk management linkages between the CRM group and other enterprise Risk Management and Risk Governance groups within Citi to ensure that CRM considerations within businesses and enterprise-wide are risk managed in accordance with heightened standards.
    • Co-ordinate with key Business and Risk stakeholders across Citi to update CRM governance documentation within individual concentration risk categories and businesses across Citigroup.
    • Establish incremental governance to address the of multi-category concentration risks within Citi
    • 15+ years experience in risk management; policy and regulatory experience helpful
    • Excellent written communication skills to ensure a robust policy framework and user-friendly CRM governance architecture and strong verbal communication skills to negotiate effectively internally with multiple stakeholders across functions and businesses, often at the senior leadership level.
    • Broad understanding of policy credit and operational policies and procedures, including a command of the collateral management process.
    • Ability to interpret financial and risk reporting as well as experience from the business and/or technical area desired.
    • Professional ability, experience and presence to interact with Senior Bank, Regulatory and Audit Management.
    • Project management experience with the proven ability to develop project plans and drive a diverse group of stakeholders to achieve milestones and deadlines.
    • Experience with issues resolution including root cause analysis, mitigation plans, and remediation activities.
    • Strong knowledge of Citi products, risk processes and controls with good understanding of regulatory requirements and risk management
    • Bachelor's degree/University degree or equivalent experience
    • Master's degree preferred

    Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - US


    Time Type :


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    Posting ID: 548697810Posted: 2020-02-11