Global Head of In-business Risk - London, United Kingdom - Citi

Citi

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Purpose:

The global head of In-Business Risk & Control (IBRC) for the Issuer Services business will lead a global team that is responsible for the assessment, implementation, and continued development of risk and controls solutions.

The individual will identify enhancement opportunities, communicate the details of issues and corrective measures, and align activities to achieve critical governance and control milestones.

The role is key in providing senior management with analysis of the business's control environment and regulatory adherence, as well as implementing plans to address regulations and new or revised Citi policies.

The IBR&C Head applies in-depth inter-discipline knowledge in providing control and compliance assessments.

Strong communication and diplomacy skills are required, as well at the ability to work in a matrixed environment around the globe.

Job Background/Context:

Issuer Services is a business unit in the Securities Services line of business that generates more than $800MM in annual revenue for Citi's Institutional Client Group.

It provides Agency & Trust and Depositary Receipts solutions for clients across the globe.

The Issuer Services IBRC head will be responsible for the business' risk management framework and execution plans for these global product lines.

The role will report to the global head of IBRC for Securities Services, with a matrix reporting line to the global head of Issuer Services, and will manage a team based in Hong Kong, Mexico, the United Kingdom, and the United States.

Responsibilities:

Oversee the risk management framework for Agency & Trust and Depositary Receipts, ensuring these businesses' risk profile aligns to risk appetites and that risks are appropriately monitored and escalated
Identify key operational and emerging risks through review and continuous evaluation, design, and execution of appropriate controls and compliance with regulations
Execute on Manager's Control Assessment and other Citi Risk & Control requirements, ensuring an accurate representation of activities, risks, and controls
Examine internal and external risk events to identify control and process enhancements and proactively monitor data sets to identify areas of focus
Provide oversight and guidance over the assessment of complex issues, structuring potential solutions and driving effective resolution with other stakeholders
Coordinate the implementation of global and regional risk and control projects and initiatives
Maintain and deliver efficient risk and control governance structures
Advise business executives on risk and control matters and ensure new business activities are addressed with appropriate control design
Partner, collaborate, and work with other areas within Citi across lines of defense
Lead external engagements with auditors and regulators
Keep abreast of regulatory changes, new regulations and internal policies and ensure business compliance

Development Value:

The position provides a very wide scope of activities, geographic and legal entity coverage with frequent interaction with senior management across geographic, product, risk, and functional lines.

The role will be an integral member of the global leadership teams for the IBRC organisation and for the Issuer Services business.

Knowledge/Experience:

Prior experience in risk and control management and in efforts to improve this discipline
Knowledge of Issuer Services and/or Securities Services businesses
Familiarity with frameworks that deliver policies and procedures to ensure compliance with relevant laws, rules, and regulations
Examples of leadership of risk and control governance structures
Track record of managing stakeholders at all levels and within complex organisational structures

Skills/Competencies:

Track record of successful management of teams in multiple locations
Strong verbal and written communication skills; ability to present ideas to audiences at all levels internally and externally
Demonstrated track record of collaboration across multiple, disparate internal and external business groups
Ability to manage multiple projects and priorities across teams and work effectively under pressure in a rapidly changing environment
Ability to work with different business and functional teams
Selfstarter, flexible, innovative, and adaptive
Detailoriented and structured
Strategic agility and ability to challenge

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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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