Gmr Portfolio, Enterprise Risk - London, United Kingdom - eFinancialCareers

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eFinancialCareers
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London, United Kingdom

4 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

The GMR Portfolio, ERM and RAF Implementation Manager will manage a specialized team of senior professionals including other senior managers.

The job requires In-depth knowledge of the industry and direct competitors' products/services is also necessaryin order to contribute to the commercial objectives of the business.

Requires thorough understanding of strategic direction of the function within the business, combined with a solid conceptual/practical grounding in both the function and/ or area of expertise.

Excellent communication skills required in order to influence a wide range of audiences. The job is likely to be involved in both internal and external negotiations which will have a major impact on the area managed, and possibly on other related areas andorganization as a whole


Responsibilities:


  • Overseeing the design, development, delivery and maintenance of best in class Risk Management programs, policies and practices and sets strategic direction for Market Risk
  • Providing oversight and guidance over the assessment of broad complex issues, structures potential solutions and drives effective resolution with other senior stakeholders. Provide advice to the businesses on an ongoing basis.
  • Driving Market Risk projects to improve accuracy of market risk analytics
  • Reviewing and approving of risk framework, market transactions as well as monitoring compliance with risk limits/triggers
  • Frequent interaction with Financial Division to understand sources of analytical variations and address valuation considerations
GMR is a major function at Citi.

This role will fill a critical leadership position in GMR, interacting with all GMR product leads, The Global Head of Market Risk and the Global Head of Stress Testing, facing off outside of Market Risk to the leadership teamin enterprise risk management.

This role will be responsible for the development and implementation of an integrated Risk Appetite Program across GMR, which aligns with enterprise guidelines and regulatory expectations.


Responsibilities:


  • Lead a seasoned team of professionals responsible for the Risk Appetite and Enterprise Risk Transformation Plans for GMR.
  • Define and enhance GMR risk appetite (statements and metrics with limits/thresholds) across all risk categories in partnership with financial risk (Treasury, Wholesale credit and Retail credit) and nonfinancial risk management leaders (Operational, Compliance,Reputation, Strategic).
  • Drive efforts to link top of the house appetite to lower level programs focusing on financial risk categories.
  • Design effective operating model within GMR to drive accountability and program effectiveness.
  • Ensure GMR's compliance to the firm's Risk Appetite Policy and develop business level policy, standards, procedures as needed.
  • Interface with ERM on behalf of GMR, structuring engagements with ERM, RAF deployment deliverables and RAP implementation protocols
  • Monitor the GMR portfolio of risks and provide timely updates and commentary to various governance forum, leveraging relationships within GMR and synthesizing bottoms up market risk measures for ERM and RAP consideration / inclusion
  • Work closely with T0, T1 and Concentration Limit owners to ensure senior limits evolve along with RAP and ERM transformation plans

Qualifications:


  • Relevant risk management or related analytical/technical experience required
  • People management experience preferred
  • Demonstrated experience in leading change, with track record of developing and implementing large scale risk management initiatives to improve business performance and enhance risk management
  • Relevant experience in the following areas:
  • Global Market Risk
  • Change Management
  • Good knowledge of Risk Appetite and Stress Testing
  • Good understanding of Financial and Capital planning
  • Strong knowledge of the applicable laws and regulations and the current environment which govern Risk Appetite preferred
  • Hands on experience of Risk analytics & reporting
  • Good understanding and/or experience in Risk governance
  • Understanding of technology capability build

Leadership Competencies:


  • Capability and experience with establishing strategic vision and driving change to achieve business targets
  • Lead by example and ability to inspire trust within the team and with key stakeholders
  • Excellent executive level written and verbal communication skills
  • Strong interpersonal skills and ability to influence at all levels of management
  • Strong analytical skills with ability to guide the team to solve complex problems via practical analyses to enable decision making
  • Contributes to a positive work environment; shares knowledge and supports diversity; remains calm and optimistic under pressure
  • Demonstrated history of driving change and managing for results

Education:


  • Bachelor's degree required, Master's degree preferred (MBA or relevant quantitative field)
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Job Family Group:

Risk Management

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Job Family:

Market Risk

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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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