Citi Group Director Regulatory Risk Senior Group Manager Hybrid 

United States, New York, New York 

462025340

The Finance Chief Risk Office (FINCRO) provides risk management oversight of the Finance function, including effective risk challenge and mitigation of risk for capital, liquidity, interest rate risk and treasury investments, and ensures compliance with all risk-related regulatory requirements. In addition, the team oversees the key risk management methodologies and calculations, including CECL and IFRS9 for credit reserves, and Basel Advanced RWA.

Within FINCRO, the Credit Reserve Actuals and Forecasting (CRAF) group is aresponsible for implementing, maintaining, and enforcing the end-to-end Risk frameworks with associated policies & procedures, methodologies, results oversight and governance and controls for Credit Reserves (CECL & IFRS 9 ECL) and Basel Advanced Approaches activities within the Independent Risk Management organization.

The Director will be directly involved and accountable for the end-to-end Review and Challenge of theQuarterly Multi-Year Multi-Scenario Forecast (QMMF) for Firmwide Cost of Credit and other Firmwide forecasting deliverables. Additionally,the director will be responsible for designing and implementing end state operating models, designing and monitoring of controls frameworks specific to forecasting, remediating regulatory/internal audit deficiencies and oversight of multiple risk streams across each process under the CRAF groups purview. This role requires proven partnership, leadership and risk and controls expertise as the team will coordinate across a multitude of stakeholders in Risk, Finance, Technology and Internal Audit. Success will require integration and harmonization of the process across geographies, products, business units to ensure consistency across the firm.Responsibilities:

• Determine the approach to and lead the independent review and challenge of quarterly forecasting for Cost of Credit . Review components include methodologies, results, governance, and processes
• Lead and oversee (1) deep-dive analysis related to specific forecast components (e.g., NCLs, Allowance, and total cost of credit) to enhance understanding of drivers of the firm's financial forecasts and inform decision-making, and (2) ad-hoc analysis, including competitor/peer analysis
• Accountable for presenting analytical insights to senior stakeholders across the firm as well as reporting of review and challenge results to senior management
• Oversee the development of controls and automation (including development of analytical tools) across the reporting process to ensure accuracy and timeliness of information presented to senior management and overall support a strong control environment
• Significant interaction with a wide range of senior bank and risk management colleagues, as well as external stakeholders such as regulators / auditors.
• Initiates feedback session with Client to understand strength and focused areas. Leverages feedback to influence change throughout organization.

Qualifications

• 15+ years of experience in a top-tier bank or comparable role, including significant exposure to and direct management of the capital management and planning and/or review processes
• Hand-on experience with regulatory examinations and remediation, thorough understanding of regulatory requirements (SR 15-18, Basel, etc.), capital management and planning methodologies
• Experience managing large datasets and extrapolating insights
• Advanced Microsoft Office skills, particularly Excel and PowerPoint; additional experience with Tableau, SQL, SP&P CapIQ/SNL or Bloomberg preferred

Professional Skills

• Excellent written and verbal executive level communication skills for interactions with senior management, regulators and Internal Audit
• Ability to influence and lead stakeholders across organization at a senior level using sound judgment and successful execution, and understanding how to operate effectively across diverse businesses
• Ability to challenge business management and appropriately escalate
• Ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders
• Highly motivated with attention to detail, team oriented, and strong organizational skills

Education:

• Bachelor’s/University degree, Master’s degree preferred

Anticipated Posting Close Date:

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