1+ months

Business Management Senior Officer (FICC) SVP

Citigroup
Irving, TX 75062
The Business Management function has the mandate to improve productivity and effectiveness of Wholesale Credit (WHC) Risk teams, with a focus on proactive limit and issue management, remediation activities, regulatory communication preparation and escalations. The team also ensures full compliance with internal policies and regulatory expectations.


Financial Institutions and Counterparty Credit (FICC) within ICG Risk is responsible for proactively managing Citis credit exposures across the globe through a coverage model of regional and industry specialists. The portfolio consists of banks, broker/dealers, insurance companies, funds, hedge funds, amongst other counterparty types. Credit-sensitive products and services include loans, derivatives and other capital markets products, trade finance, clearing and settlement, cash, and securities services.


**Responsibilities:**


The Business Management Senior Officer (FICC) is a senior level position providing support to the ICG Risk Counterparty Credit Business Management Head and is responsible for the following:


Coordinating and providing support for regulatory and audit requests and deliverables, which may include liaising with other functions within the Global WHC Risk CAO team, across FICC teams/regions, and Business functions and Support functions (e.g. Risk Reporting).


Coordinating preparation of reports and presentations to senior level executives/forums and regulators, while ensuring materials are consistent with global information and are clear, concise and capture the pertinent concerns relevant to an internal or regulatory review.


Provide support and advice to FICC teams and necessary oversight as part of the Issue management process and the formulation and implementation of Corrective Action Plans (CAPs).


Drive streamlining and simplification strategy for reporting and information sharing in partnership with Global WHC Risk CAO and Risk Reporting team.


Contribute to the implementation of strategic risk frameworks and regulatory remediation initiatives; work closely with the WHC Business Management team to ensure for full consistency of key projects and initiatives.


Active engagement in project management, including the outlining and implementation of projects and partnering with other teams with Business Management.


Ensure all issues and controls are proactively managed and engage in ongoing review and assessment of the control environment to propose changes to address emerging risks. Coordinate with control teams and sponsors on requirements for model risk management.


Act as the interface and coordinator for the FICC teams on data quality issues and with Citi Data Management Policy responsibilities with the centralized data governance and infrastructure team and contribute to efforts of firm-wide data quality remediation.


Engage in ongoing dialogue with senior management in FICC to provide independent view of remediation efforts (both in-flight and in the planning stage), facilitate early identification of concerns and to drive decision making.


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


**Qualifications:**


8+ years of experience in either Risk Management, Audit, Governance or related area


Previous Credit Risk experience and exposure to Counterparty Credit Risk strongly preferred


Knowledge of futures, margin loans, repurchase/reverse repurchase agreements, derivatives and other capital markets products is a must


Specialized corporate credit and industry knowledge or in-depth experience preferred


MS Office software (Excel, Word, PowerPoint) proficiency required


Consistently demonstrate clear and concise written and verbal communication


Demonstrated ability to view data holistically and remain detail oriented to synthesize, prioritize and deliver results with urgency


Demonstrated interpersonal, organizational, analytical, presentation, facilitation, negotiation and strategic skills


Proven ability to obtain support and buy-in across a wide range of internal and external audiences


Demonstrated work ethic and influencing skills


**Education:**


Bachelor's degree, preferably in business, finance or related field. Master's degree preferred


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**Job Family Group:**


Risk Management

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**Job Family:**


Business Risk & Controls

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**Time Type:**


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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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Posted: 2021-10-20 Expires: 2022-02-04
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Business Management Senior Officer (FICC) SVP

Citigroup
Irving, TX 75062

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