Icm-uw Senior Governance and Controls Officer - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

4 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

ICM-UW Governance and Controls Officer (C1- Senior Vice President)

Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its InstitutionalClient Group organization.

ICM's objective is to provide integrated "end-to-end" credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise.

Within ICM, the Credit Underwriting function (ICM-UW)provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings,and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).

This role will report to the ICM-UW Governance and Controls Team Lead.

KEY RESPONSIBILITIES:

Support various ICM-UW verticals to implement, monitor, and govern the governance and controls framework including the following:

Manage the overall governance and controls framework for certain ICM-UW verticals
Provides project support to ensure execution under ICM-UW owned Issues/CAPs
Ensure controls framework is fit for purpose for assigned ICM-UW verticals, specifically the ARCM and MCA framework
Coordinate the development and implementation of Quality Control framework across the ICM-UW verticals
Ensure adequate oversight and management of internal and external audits, including Regulatory, FCR and Internal Audit
Engage with ICM-UW verticals to understand any concerns regarding execution of the control environment and/or other applicable emerging concerns which will need to be addressed by the team
Interface with ICM-UW verticals to develop and assess adequacy of KPIs to drive scorecard metrics and facilitate the reporting of results and trends
Ensure ongoing and timely feedback to vertical heads to sustain a strong control culture and an unwavering commitment to excellence in execution
Summarize and present key themes to Senior leaders and present recommendations to facilitate improvement
Support the broader ICM-UW team and other global function/business partners on strategic initiatives/projects as appropriate

SPECIFIC RISK and GOVERNANCE EXPERIENCE:

Possesses a working knowledge of the relevant procedures, policies, and related process workflows that govern the endtoend delivery of credit
Experience in effectively engaging with banking regulators, FCR, and Internal Audit
Thorough knowledge of Citi's systems and operational infrastructure
Proven experience in facilitating the execution of key processes that enable prompt execution of the monitoring and management of risks
Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various risk families, including operational and franchise risks

MANAGEMENT CAPABILITY:

Strong organizational and project management skills; proficient at managing complex projects across the wholesale bank
Navigates organizational complexity and breaks silos
Highly skilled communicator who ensures key messages are cascaded to supported ICM-UW verticals
Challenges the status quo of current policies and procedures, championing continuous improvement and innovation to ensure the right balance between policy requirements and client experience

QUALIFICATIONS:

BA/BS or higher degree in Business (MBA), Finance or equivalent experience
7+ years risk/riskrelated credit work experience in banking/financial institutions
Advanced Microsoft skills (Word, Excel, and PowerPoint)
Demonstrates strong ethics and integrity
Strong leadership. Dynamic, flexible, and with strong communication skills
Ability to see the 'big picture' in a complex environment
Can make decisions under pressure and short timeline
Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies
Creates alignment and transparency across the team by openly communicating both team and individual goals and development areas, and connects team purpose to overall firm strategy
Exhibits strategic leadership skills by defining short and longterm goals, assigning resources along with defining and tracking performance metrics to ensure results
Excellent presentation and communication skills adept at presenting effectively to audiences of various sizes and various constituencies

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Job Family Group:

Risk Management

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Job Family:

Business Risk & Controls

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Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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