GF - SVP, Global Consumer LLR Project Coordinator

• Primary Location: Singapore,Singapore,Singapore
• Education: Bachelor's Degree
• Job Function: Risk Management
• Schedule: Full-time
• Shift: Day Job
• Employee Status: Regular
• Travel Time: No
• Job ID: 17031315

Description

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
Both the IASB (IFRS 9) and the FASB (CECL) have issued new accounting standards, which radically change the way that Loan Loss Reserves (LLR) will be estimated once these standards become effective. In preparation for these two standards, Citi has developed a cross-functional team primarily consisting of Risk and Finance organizations with an aim at delivering a centralized solution that can accommodate for the uniqueness of both accounting standards.
The position will be responsible for:

• Development and management a detailed project plan that ensures adherence to US and local regulatory standards (which may differ by country)
• Partnering with global, regional and country risk and finance communities to ensure achievement of plan
• Work with cross-functional teams such as modeling, operations, technology, finance and others to problem solve and address issues as they occur
• Maintain him/herself informed of latest regulatory changes at the country and Corporate level

Qualifications

Knowledge/Experience:
The ideal candidate should have significant knowledge of the risk management function, retail banking products, very good organizational skills and a proven track record of project management success (at least 10 years of experience in the mentioned areas).
Other desirable skill and attributes:

• Willing work independently and be an effective communicator across all levels of the organization
• Available to work flexible hours with an ability to travel if necessary
• Able to rapidly absorb a lot of information, "connect the dots" and understand implications
• Ability to think strategically and independently must be paired with sound process design and execution
• Culturally sensitive and with a proven ability to effectively work with counterparts globally
• Knowledge of CCAR loss forecasting and/or Citi's data and IT organization and infrastructure a plus