Company

Citi Private BankSee more

addressAddressNew York, NY
type Form of workPermanent
CategoryAccounting/Finance

Job description

The In-Business Franchise Risk Organization is responsible for development and implementation of key Enterprise Risk Management (ERM) programs across both financial and non-financial risk categories for the US Personal Banking (USPB) and Wealth businesses. This individual will drive the in-business Scenario Analysis function. The Scenario Analysis function is a systematic process of obtaining expert opinion from business managers and risk management experts to derive reasoned assessments of plausible, low likelihood, high-severity, forward looking events in the operational and compliance risk categories. The role reports into the Head of the In-Business Risk Appetite Program.
Responsibilities:
  • Drive the non-financial (e.g. operational risk and compliance) Scenario Analysis program and execution including forward planning, quantification, facilitation, and monitoring of scenario events as part of the USPB and Wealth businesses.
  • Manage efforts to streamline and enhance the Scenario Analysis program execution reducing the time to quantify a new scenario, evolving the planning process and right-sizing stakeholder engagement to drive accountability and effectiveness.
  • Orchestrate subject matter expert engagement across both operational risk and compliance functions to ensure that scenario events are plausible, appropriate, and forward looking.
  • Ensure satisfactory outcome for Scenario Analysis across use cases including stress capital, CCAR, RWA, and BAU operational risk and compliance.
  • Provide effective connection to other enterprise risk programs including risk identification, risk appetite, and the enterprise-wide Scenario Analysis program.
  • Prepare high quality executive presentation and management training for senior stakeholders that can tell a complex and technical story in a simple way.

Qualifications:
  • 10+ years of relevant risk management or related analytical/technical experience required.
  • Demonstrated experience in leading change, with track record of improving business performance and enhancing risk management.
  • Relevant experience in the following areas:
    • Scenario analysis planning and execution for non-financial risk categories
    • Non-financial risk management experience (e.g. Operational, Compliance) including solid understanding of personal banking and wealth operations and business models
    • Robust experience in financial and capital planning and understanding of CCAR, Capital and RWA especially in context of operational risk and compliance
    • Experience in enterprise risk (e.g risk identification, scenario design and generation, stress testing, risk appetite and limits or product governance and approval)

Leadership Competencies:
  • Ability to facilitate productive discussions with key stakeholders and subject matter experts that is efficient and well prepared.
  • Creative thinking and ability to formulate a way-forward in an ambiguous and hypothetical area.
  • Strong intellectual and analytical capabilities to develop solutions that are appropriate for the larger organization.
  • Excellent communication skills both verbal and in writing.
  • Demonstrated history of driving change and managing for results.
  • Collaborative work style; effectively interacts with partners across organizational boundaries and hierarchies.
  • Contributes to a positive work environment and remains poised under pressure.

Education:
  • Bachelor's degree required, master's degree in a relevant field preferred.
Refer code: 8206589. Citi Private Bank - The previous day - 2024-02-17 09:52

Citi Private Bank

New York, NY
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