Business Risk Sr. Manager - Regulatory Inventory Mapping (RIM)

Citi, the world's leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. 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. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.
Institutional Clients Group - Markets and Securities Services division (ICG MSS) Governance and Controls spans across all the ICG MSS Business Areas and is charged with delivering all their strategic governance and controls initiatives. It is an exciting and fast-paced group to work in, with a broad and varied portfolio across all front office Markets business.
This role will be a part of the central ICG MSS PM Team and assigned to support the delivery of the Regulatory Inventory Mapping (RIM) Initiative for ICG.
The RIM Initiative is a Citi-Wide program that will globally map and integrate key regulations and rules into the Management Control Assessment (MCA) program. It will identify and report mapping gaps/key issues, update MCA content, ensure proper governance, report and deliver documentation to address regulatory compliance and create a long-term sustainable process.
The role will be expected to be the principal Regional PM for the ICG MSS Business RIM Initiative. They will report into the central ICG MSS PM Team.
The role is highly visible and therefore has a critical part to play in meeting key Citi regulatory deliverables, ensuring best business practices and enhancing the ICG MSS risk and control framework to help businesses stay within key compliance risk appetite measures.
Job Background/context:
The role will need to become familiar with Citi PM Policies and Standards and ensure good program governance and execution. It will need to support the Program Director in the identifying and resolution of program risks/issues and ensure the timely delivery of program plans, resources and reporting across all MSS lines of business and wider stakeholders.
The role will require developing a deep knowledge of the key regulations and rules applicable to MSS businesses, how they are monitored in the MCA program, escalating and remediating issues within each ICG business.
It will require an understanding of key regulations applicable, related risks, controls and monitoring mechanisms, along with the identification, escalation and timely remediation of program gaps/issues. Global reporting and communication of project status and risks to appropriate senior business and project managers, project reviews / health checks of the book of work, will be required across all program deliverables to support execution in accordance with strict guidelines.
The candidate will be involved in analysing and providing project management deliverables and other information to support regulatory or audit reviews when applicable and have involvement, if not lead, post program reviews for key initiatives.
Key Responsibilities:

• Develop an understanding of the RIM Initiative and Program deliverables in accordance with Citi project management and governance standards of practice.
• Provide governance, oversight and monitoring activities in accordance with the RIM program and processes specified by the PMO.
• Provide reporting or analyse data across key deliverables, including the identification and remediation of issues and CAPs.
• Review Quality Assurance reporting and support the organization in resolving issues.
• Monitor and manage program risks, issues, assumptions and dependencies whilst escalating to senior management as required.
• Oversee program plans and tracking of progress and changes.
• Oversee budget and resourcing tracking and requests.
• Build strong relationships with key stakeholders across ICG.
• Develop and monitor stakeholder maps and stakeholder engagement plans.
• Facilitate workshops and planning sessions as required.
• Coordination for project and program management regulatory concerns and providing guidance during internal/external audits.
• Conduct Book of Work Reviews and health checks (QA).
• Create sustainable BAU process.

Development Value:

• This role plays a leading contribution to the strategic coordination and direction of the ICGs regulatory compliance, monitoring and control framework. The role is global in nature and will entail developing relationships and working with senior stakeholders across multiple business and control functions.

Knowledge/Experience:

• Minimum of 5 years' experience in project planning, tracking, delivery and reporting.
• Minimum of 5 years' relevant experience in working within a risk, control, compliance, legal or audit function.
• Strong knowledge of self - assessment programs and operational risks.
• Good understanding of program management methodologies, frameworks, processes, tools and industry best practices.
• Experience in applying and embedding program methodologies across large scale programs.
• Excellent planning and task management skills; capable of seeing the bigger picture as well as strong focus on day-to-day execution.
• Proven experience in facilitating workshops and program planning sessions.
• Strong control, compliance, analytical and problem solving skills.
• Experience working with business stakeholders across multiple businesses, regions and support functions.

Skills:

• Good core program and project management skills; including a strong risk, controls, audit and compliance skillset.
• Knowledge of self - assessment and regulatory compliance programs, processes and best practices.
• Excellent planning, task management skills and capable of juggling multiple and changing priorities.
• Good reporting and analytical skills - ability to present information in a clear and concise manner to senior and project stakeholders.

• Ability to support effective management of program risks, issues, assumptions and dependencies across a large complex program.

• Focus on execution and getting the job done.
• Strong communication and interpersonal skills,
• Excellent time management skills and ability to work in a fast paced and complex environment.
• Ability to create sustainable processes in a BAU environment to ensure ongoing regulatory compliance.

Qualifications:

• Advanced degree preferred in accounting, risk, finance, business or legal disciplines.
• Proven program/project management and leadership skills on large, complex projects.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Competencies
The successful candidate will need to have:

• Excellent communication and interpersonal skills.
• Attention to detail and accuracy.
• Highly organized and efficient at prioritising tasks.
• Fast-thinking; able to quickly identify the root of an issue
• Ability to work as part of a team as well as individually with minimal supervision.
• Excellent Microsoft Office skills and be an advanced user of MS PowerPoint, Excel and Project.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.

Job Family Group:
Risk Management
Job Family:
Business Risk & Controls
Time Type:

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