Finance Resolution & Recovery Planning- Non-Financial Capabilities, Controls and Testing Director- C15

Full-time - Senior

Hybrid - New York, NY

Credit Intermediation and Related Activities

About the position

The Resolution & Recovery Planning (RRP) Non-Financial Capabilities, Controls, and Testing (CCT) Director will support the MD (C16) within RRP team for ensuring capabilities meet regulatory requirements, Citi's expectations, as well as peer practices.

Responsibilities

• Lead and direct a team of experienced RRP professionals.
• Define, enhance, and maintain the CCT framework, guidance, and procedures for core non-financial capabilities and relevant sub-capabilities.
• Standardize and streamline the processes and relevant documentation.
• Guide Accountable Executives (AEs) to maintain capability inventory, follow firmwide approach to assess controls and design comprehensive tests in accordance with CCT framework.
• Assess regulatory requirements and industry practices to design and build a sustainable long-term capabilities assurance framework that meets business needs and evolving regulatory expectations.
• Review and challenge the completeness, adequacy and comprehensiveness of capabilities/sub-capabilities, controls and testing documentation and test outcomes to ensure adaptability under various stress scenarios and compliance with the regulatory expectation.
• Provide governance and oversight of RRP related issues and corrective actions and escalate to the appropriate governance bodies, as required.
• Review and edit materials before submissions to various governance bodies (e.g., Senior Governance Group and/or Recovery and Resolution Steering Committee).
• Guide the team to support capability owners in responding to regulatory exams, firmwide requirements/requests, and other inquiries in a timely manner.
• Execute effective change management processes as part of the continuous improvement process driving the capabilities testing lifecycle.
• Support capability AEs in responding to regulatory exams, firmwide requirements/requests, and other inquiries in a timely manner.

Requirements

• Bachelor's and Master's degree in business, finance, economics, law, or related fields.
• 15+ years of relevant experience in corporate treasury, risk management, financial regulation, project management, or similar fields.
• 10+ years in people management.
• Excellent oral and written communications skills to enable effective engagement collaboration, and influence with senior stakeholders.
• Demonstrated expertise in a role focused on and comprehensive understanding of capabilities as well as proven track record with controls and testing programs.
• Deep knowledge of financial regulations and requirements, particularly those relating to recovery and resolution planning.
• Understanding of the complexities of capital and liquidity management.
• Knowledge and experience in ensuring compliance with regulatory requirements as well as experience representing large financial institutions (preferably G-SIBs) with regulatory bodies (e.g., OCC, FDIC, FRB, PRA, EBA, etc.).
• Highly developed analytical and problem-solving skills with the ability to connect the dots across different business areas.
• Proactive, highly organized with strong attention to detail while driving results within critical deadlines.
• Capable of managing multiple priorities and meeting tight deadlines in a dynamic work environment.
• Must be comfortable operating with some degree of ambiguity and defining approaches to handle 'white space' inherent in an evolving regulatory environment.
• Proven track record engaging and partnering with Business Unit (BU) leaders and cross-functional teams (e.g., Risk, Audit, Legal, Compliance, Technology, etc.).

Benefits

• Medical, dental & vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays