VP Risk Governance Lead (Hybrid)

$125,760 - $188,640/Yr

Citigroup - Irving, TX

posted 3 months ago

Full-time - Mid Level
Irving, TX
Credit Intermediation and Related Activities

About the position

The Risk Governance team at Citigroup is responsible for managing firm-wide cross risk type Governance Committees, including the Citigroup and CBNA Board Risk Management Committee (RMC), Group Risk Management Committee (GRMC), and CBNA Risk Committee. This team operates within the broader Risk Chief Administrative Office (CAO), which provides essential support to the Risk organization with a focus on governance, control effectiveness, regulatory engagement, risk communications, and financial performance, including resource management. The primary objective of this role is to oversee the day-to-day execution of the Risk Management Committees, ensuring that all activities are aligned with the established risk governance framework and that the risk profiles of Citi and CBNA remain consistent with the approved risk appetite. This includes addressing aggregate and concentration risks and discussing various risk issues that may arise, including top, growing, emerging, and idiosyncratic risks facing the firm. In this role, you will work closely with stakeholders to develop agendas for the Risk Management Committees and ensure that senior management receives complete, accurate, and timely information. The responsibilities include managing an integrated forward calendar for the GRMC, CBNA RC, and Board RMCs, coordinating agendas, stakeholder communications, and material development to enhance alignment and coordination across all committees. You will also be responsible for monitoring governance responsibilities, tracking coverage of top risks, and overseeing follow-up items. Engaging with various subject matter experts and members of the Risk Management Executive Council is crucial to ensure that key risks are appropriately escalated to the Executive Management committees. Additionally, you will lead high-priority strategic and regulatory ad hoc projects for the Risk Governance function, from identifying and structuring problems to analyzing root causes and developing solutions. The role also involves maintaining and enhancing the team's policy documents, providing effective challenge to internal stakeholders on presentation materials, and producing clear and succinct presentations for the Risk Management Committees and other forums. You will oversee the Risk Governance controls in line with expanded Manager Control Assessment expectations and coordinate the identification and adoption of new technology solutions to improve governance committee execution. Furthermore, you will respond to requests related to Internal Audit activities and support regulatory validation activities tied to transformation or consent order requirements. This position offers a unique opportunity to gain a firm-wide perspective across various businesses and deepen your understanding of the material risks across the firm.

Responsibilities

  • Manage an integrated forward calendar for GRMC, CBNA RC, and Board RMCs to ensure comprehensive coverage across all committees.
  • Coordinate agendas, stakeholder communications, and material development supporting the GRMC, CBNA RC, and Board RMCs.
  • Manage and monitor governance responsibilities for the GRMC, CBNA RC, and Board RMCs, tracking coverage of top risks and overseeing follow-up items.
  • Interact and communicate with stakeholders to identify key topics of interest for the GRMC, CBNA RC, and/or Board RMCs.
  • Lead high priority strategic/regulatory ad hoc projects for the Risk Governance function across their lifecycle.
  • Participate in maintaining and enhancing the team's policy documents including Policies, Standards, Charters, Procedures, and supporting process documentation.
  • Provide effective challenge to internal stakeholders on presentation materials to ensure accurate communications.
  • Engage with subject matter experts and members of the Risk Management Executive Council to ensure key risks are escalated appropriately.
  • Produce clear and succinct presentations for the Risk Management Committees and other internal/external forums.
  • Oversee the Risk Governance controls in line with expanded Manager Control Assessment expectations.
  • Coordinate the identification and adoption of new technology solutions for governance committees.
  • Respond to requests related to Internal Audit activities and support regulatory validation activities.
  • Contribute to enhancements to risk-specific subcommittee governance practices.
  • Develop strong working relationships with key stakeholders and subject matter experts across the organization.
  • Help develop other team members to enhance risk governance skills.

Requirements

  • 6-10 years of experience in the Financial Services industry, preferably in a role that requires decision making and superior problem-solving skills.
  • Proactive, highly motivated with excellent planning, organizational, follow-up, and time management skills.
  • Attention to detail and ability to work under pressure and tight deadlines in a collaborative manner.
  • Experience in committee management or corporate governance, including understanding policy requirements and escalation protocols.
  • Effective communicator with exceptional writing skills for creating transparent presentations for the Board and Senior Executives.
  • Proven ability to influence, facilitate, and partner internally and externally.
  • Working knowledge of credit, market, liquidity, strategic, operational, and compliance risks, including relevant risk management measures.
  • Understanding of Citi's businesses and products or prior experience evaluating similar businesses and products.
  • Project management skills are a plus but not essential.
  • Demonstrated ability to collaborate effectively with peers and junior team members.
  • Ability to quickly learn new concepts and business knowledge.
  • Undergraduate/Master's degree(s) with an analytical focus (e.g., finance, economics, engineering, mathematics, etc.).

Nice-to-haves

  • Project management skills would be a plus but not essential.

Benefits

  • Medical, dental & vision coverage
  • 401(k)
  • Life, accident, and disability insurance
  • Wellness programs
  • Paid time off packages including vacation, sick leave, and paid holidays.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service