Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Shape your Career with Citi
Citi’s Risk Management organization oversees Citi’s risk governance framework and risk appetite, ensures all risks generated by the firm’s businesses are measured, reviewed, and monitored on an ongoing basis.
We’re currently looking for a high caliber professional to join our team as Vice President - Finance Risk Officer- C13 - Hybrid. (Internal Job Title: Vice President– C13) based in Mumbai - India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
We empower our employees to manage their financial well-being and help them plan for the future.
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
In this role, you’re expected to:
As part of Finance CRO management global team, this role will help to ensure a sound and robust second line oversight, a consistent implementation of policies and procedures across countries and entities in the India Sub-Cluster covering India, Sri Lanka and Bangladesh.
Responsibilities:
Oversee the design, development, delivery and maintenance of best-in-class Risk Management programs, policies and practices and sets strategic direction with focus on Liquidity Risk, Interest Rate Risk (IRRBB), Investments and Capital Risk to ensure adherence to Citi’s policies and good have understanding of local regulatory requirements.
Work with CBNA India FinCRO team, Asia South and Japan Cluster Head as well as other cluster Finance CROs, global risk teams and seniors to ensure best in class risk activities.
Provide oversight and guidance over the assessment of broad complex issues, structures potential solutions and drives effective resolution with other senior stakeholders.
Review and provide feedback on local risk framework, as well as monitor compliance with risk limits/triggers. Interact with other key risk seniors across the clusters and globe (Market Risk, Credit Risk, Operational Risk) and relevant Finance and Reporting teams to improve accuracy of regulatory and management reporting.
Assist CBNA Indi FinCRO team with regulatory examiners, Internal Audit, and external auditors on critical Risk issues and oversees the implementation of related remediation.
Conduct analysis and provide challenge and oversight for Risk Appetite Statements, Stress Testing and other ad-hoc regulatory or legal entity governance projects drawing in appropriate resources as required.
Escalate any issues with appropriate suggested mitigations
Drive Global Risk projects to improve accuracy of Risk assessment and implementing these across the country / entity / cluster or region.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
As a successful candidate, you’d ideally have the following skills and exposure:
Degree in Finance. Postgraduate degree in a quantitative or financial discipline would be preferred
7+ years relevant experience within risk management, treasury, or support functions with exposure to balance sheet, financial products, financial/risk analysis
Prior work experience in the material entities and or regional markets
Expert knowledge of treasury, market risk, liquidity management, and derivative products
Subject Matter Expert in asset-liability management, financial instruments, risk metrics and Risk Management
Ability to interact with auditors / regulators and understanding of applicable best practice guidelines and regulations. Up-to-date working knowledge of regulatory requirements and change, specifically those from Basel and local regulatory authorities (desirable)
Articulate and effective communicator, both orally and in writing, with an energetic, charismatic, and approachable style, highly developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL
Project management skills
Team player, self-driven and finds it natural to take initiative and set agenda and be highly motivated, attention to detail and organized
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei
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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.
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