Citizens Bank - New York, NY
posted 2 months ago
Full-time - Senior
New York, NY
Credit Intermediation and Related Activities
About the position
The Risk Director, Investment Banking is a leadership role within the Commercial Banking Risk team at Citizens. This position supports the investment banking business, which encompasses syndicated loan underwriting, sales & trading, debt and equity securities underwriting, and mergers and acquisitions advisory. The Risk Director is responsible for establishing and monitoring material risk related to investment banking, developing a comprehensive risk management program, and ensuring compliance with internal policies and regulatory requirements. This role requires strong collaboration with business leaders and regulators to maintain effective risk management practices.
Responsibilities
- Manage all aspects of risk and assess ongoing material risks associated with investment banking businesses.
- Develop and maintain an effective end-to-end Risk Management program including control effectiveness measures.
- Responsible for issue management and partnering with business leaders to develop action plans for remediation.
- Provide day-to-day support to the business unit on regulatory compliance and risk management best practices.
- Ensure appropriate exam outcomes through exam management protocols and maintain relationships with regulators.
- Lead teams on risk and product-related initiatives to meet corporate and business line objectives.
- Advise on new products and initiatives from a risk and control perspective, ensuring proper governance and controls are in place.
- Manage and build multiple teams of skilled colleagues, including technical subject matter experts.
Requirements
- 10+ years of risk management or equivalent experience in securities underwriting and trading.
- Expert knowledge of FINRA and OCC internal controls and risk assessment requirements.
- Experience in a highly regulated environment, preferably under SEC, FINRA, and banking regulatory agencies.
- Knowledge of securities underwriting, sales, and trading risk management practices and regulatory requirements.
- Strong decisiveness and sound judgment skills.
- Ability to develop and maintain high-impact relationships with senior executives.
- Excellent influencing and conflict resolution skills.
- Strong business writing skills.
- Proven leadership and management skills in a professional environment.
- Project management skills to support multiple complex assignments.
- Proficient in MS Word, MS Excel, PowerPoint, and Visio.
Nice-to-haves
- Graduate degree or relevant professional designation preferred.
Benefits
- Competitive pay
- Comprehensive medical, dental, and vision coverage
- Retirement benefits
- Maternity/paternity leave
- Flexible work arrangements
- Education reimbursement
- Wellness programs
- Paid time off policy that exceeds mandatory requirements.
