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Citi Group SVP - Senior Risk Governance Officer CRO Office 
Singapore, Singapore 
267333683

06.09.2024

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At, 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 risk-taking activities and assesses risks and issues independently of the front-line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.

We’re currently looking for a high caliber professional to join our team as Senior Vice President, Senior Risk Governance Officer - Singapore CRO Office - Hybrid (Internal Job Title: Country Risk Senior Officer I - C14) based in, Singapore. 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 believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
  • We empower our employees to manage their financial well-being and help them plan.
  • 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.
  • We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

The Senior Risk Governance Officer will help Singapore CRO oversee all risk-related regulatory and governance matters in CBNA SG and Citibank Singapore Ltd to ensure timely escalation and resolution of Risk issues from all Risk segments through established escalation channels to the appropriate country, cluster or global governance committees. The Senior Risk Governance Officer will work closely with cluster and global risk office on regular, ad hoc, and crisis management-related requests for audiences that include senior management, the Citigroup Board of Directors, rating agencies, and regulators.

In this role, you’re expected to:

  • Oversee preparation of Risk Management component of ICAAPs and stress tests in compliance with regulatory and internal ICAAP Standard requirements.
  • Coordinate Risk-related governance committees and supervise execution of regulatory and Board deliverables. Ensure follow up actions raised by governance and Board committees are diligently and completed timely.
  • Review risk-related regulatory reports (IFRS 9, MAS 610, TBGS) to ensure completeness, consistency and accuracy. provide inputs and review Risk contribution to regulatory reports.
  • Represent Singapore CRO office in all initial and working level meetings with onshore regulators. Coordinate regulatory audits (CRAFT), requests, surveys, stress test (IWST) and presentations on behalf of Risk Management.
  • Review and understand all new or updated applicable Risk regulations issued by local and other relevant regulators. Lead, coordinate, design and oversee timely and comprehensive implementation of such regulations by all businesses and product groups by writing, reviewing, and/or approving local procedures, taking into consideration relevant Citi frameworks, policies, standards, procedures and guidelines. Oversee gap analysis and appropriateness of corrective action plans (CAPs) as needed.
  • Coordinate global and local policies/procedure initiatives that impact Singapore by collaborating with Singapore/Global Risk teams from different risk stripes if required.
  • Act as primary interface and point of contact on behalf of Singapore CRO with all in-country, cluster, and global teams on all regulatory and governance matters.
  • Review, challenge, and recommend approval of procedures prepared by other functions and businesses.
  • Participate in the new product approval process as needed on behalf of Singapore CRO.
  • Monitor and drive timely completion of Internal Audit, regulatory, and other Risk-related CAPs in Singapore.
  • Ensure risk and control assessment reporting process (including updates to senior management) is well defined and effective.
  • Oversee projects and initiatives such as stress tests, deep dives, country crisis management, and process re-engineering.
  • Promptly communicate and escalate any significant issues and breaches that may materially affect CBNA SG and CSL’s risk profile.
  • Responsible for presentations and documentation relating to regulatory and strategic deliverables.
  • Mentor and coach junior members in Risk team.

As a successful candidate, you would ideally have the following skills and exposure:

  • Bachelor’s degree, MBA, CPA, or CFA.
  • 10 + years of Risk experience in a global organization.
  • In-depth knowledge of risk policies, procedures, standards, MAS regulatory frameworks, banking products and services.
  • Experience with coordinating regulatory reviews and responding to regulatory requests and surveys.
  • Good analytical skills to filter, prioritize and validate potentially complex information from multiple sources for production of reports, presentations for senior audiences.
  • Excellent English and verbal and written communications skills. Ability to succinctly present issues and status to managers/seniors.
  • Demonstrated project management skills and ability to manage several programs simultaneously to meet projects’ deadline or regulatory timeline, ability to work under pressure, and ability to cope with unpredictable but time sensitive requirements.
  • Experience in supervising, coaching and leading junior members.
  • Demonstrated ability to directly and indirectly influence and effectively partner with key constituents and stakeholders.
  • Demonstrated ability to distill technical concepts and results into intuitive, impactful, and easily digested messages for senior management, auditors, and regulators.
  • Excellent track record of effectively assessing and managing competing priorities.

Attributes:

  • Highly motivated with can do attitude, team oriented and well-organized.
  • Demonstrates strong ethics and integrity.
  • Demonstrated ability to effectively voice and defend independent views and handle conflict.
  • Excellent interpersonal and communication skills for interaction with senior management and negotiate internally and externally.
  • Ability to effectively navigate organizational complexity, break silos and build partnerships across functional and business peers.
  • Makes decisions using well-reasoned judgment under pressure and in a timely manner.
  • Identifies and assesses alternatives as part of the decision-making and escalation processes.
  • Ability to adapt and perform well under pressure and through rapidly developing situations.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Risk ManagementCountry Risk


Time Type:

Full time

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