VP, Risk Appetite and Limits, Concentration Risk Management (Liquidity and Treasury Risk) - C13
Citigroup Inc. Tampa, FL Full-Time
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About Citi:
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank - an institution connecting millions of people across hundreds of countries and cities.
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 Principles represent the qualities, behaviors and expectations we all must exhibit to deliver on our mission of enabling growth and economic progress. They contribute to creating a culture that drives client excellence, controls excellence and operational excellence.
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.
About the Group:
Enterprise Risk Management (ERM) within Independent Risk Management is responsible for overseeing the implementation of the principles articulated in Citi's Enterprise Risk Management Framework and for specific enterprise-level risk management programs and processes that span the organization, the lines of defense and various risk categories. These include risk identification, enterprise risk analytics, risk appetite & limits, new activity risk management, risk frameworks & policy, strategic risk, digital assets risk and climate risk. The group is headed by the Head of ERM who reports directly to the Citigroup Chief Risk Officer (CRO).
About the Team:
As part of ERM, the Risk Appetite & Limits team is responsible for designing and driving enhancements to strengthen the firm's approach to risk appetite and limits, including concentrations. The team's book of work is constructed to deliver a clearly articulated risk appetite that is connected to firm-wide processes, cascaded within firm and that is supported by metrics, limits and assessments that ensure a risk profile that is consistent with the firm's defined risk appetite. The team is led by the Head of Risk Appetite & Limits who reports to the Head of ERM.
About the Role:
The current opening is for a Vice President on the Risk Appetite & Limits team, focused on the firm's approach to enterprise concentration risk management. The objective of the role is to support and enhance the concentration risk framework for Liquidity and Market Risk Non-Trading Risk Pools (Treasury Risk). The individual will be responsible for providing concentration-related subject matter expertise in these areas to relevant first and second line stakeholders.
Key Responsibilities:
* Supporting the review and challenge of enterprise level limits / metrics from a concentration risk perspective in coordination with first line Business and second line Independent Risk management
* Working with first and second line team members from Liquidity and Market Risk Non-Trading risk pools to enhance concentration risk metrics for robust risk pool coverage and monitoring of existing and emerging concentration risk
* Performing independent analysis and monitoring existing and emerging concentration risks to develop relevant concentration risk-driven narrative for Senior Management and Board-level reporting
* Collaborating with cross-functional teams to enhance the connectivity of concentration risk management processes with day-to-day business and risk management practices (e.g., by strengthening existing linkages or establishing new linkages)
* Supporting the enhancement and ongoing oversight of the team's monitoring and reporting capabilities and ensure adherence to requisite policies/procedures
Development Value:
The successful candidate will have the opportunity to be part of a significant transformation effort of one of Citi's foundational risk management programs, with active engagement across multiple business lines and regions. The candidate will have organizational exposure to senior management and subject matter experts across businesses and functions, including the Citigroup CRO and their leadership team.
Qualifications:
* 6-10 years previous liquidity and treasury risk management experience, including experience with limit setting and monitoring and stress testing
* Prior experience with key liquidity regulations (such as Reg. YY) and key treasury risk areas like Interest Rate Exposure (IRE), Economic Value Sensitivity (EVS), ALM is highly valued
* Strong project management and verbal communication skills including ability to drive discussions with first and second line Senior Management
* Strong written communication skills including Board-level presentations, policy writing
* Proficiency in Microsoft Office, particularly PowerPoint and Excel
* Experience in SAS/Tableau a plus
Education:
* Bachelor's degree in analytic field (e.g., finance, business, economics, mathematics) required
* Advanced degree(s) and/or professional certifications (e.g., CFA, FRM) highly valued
Recommended Skills
• Analytical
• Assessments
• Certified Financial Risk Management
• Communication
• Data Analysis
• Economy
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Job ID: 2296710505
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