Apac New Activity Risk Manager

2 weeks ago

Singapore Citi Full time

The New Activity Risk Management function provides unified governance and risk decision making for material changes to _products_, _services_, _business operating models_ and _capabilities _that impact Citi's clients (collectively referred as "new activities").

New Activity Risk Management is part of Citi's Independent Risk Management function, in the firm's second line of defense.

The function works closely with partners in first line of defense units across Citi to provide robust due diligence, initiative review, risk rating, risk decision approval and ongoing monitoring of future and existing products and services, as part of the end-to-end governance over the product life cycle.

The function is in the process of expanding this oversight role to cover significant changes to business operating models, and platforms created with third parties to deliver new capabilities to clients.


New Activity Risk Management operates as a global organization, and comprises three teams co-located close to business partners in the Americas, Asia Pacific, and Europe Middle East and Africa regions plus teams with global responsibility for certain cross-cutting functions, such as change, policy, process design, and taxonomy.

Team members are based in New York, Fort Lauderdale, Mexico City, London, Belfast, Dublin, Frankfurt, Singapore, Hong Kong, Tokyo and Mumbai, plus a number of telecommuters.

Our business partners are based in all of Citi's global business locations.


The new activities space is an area in which wide-ranging enhancements are taking place currently, within a broader program of change that was started in 2020 and is due to be completed in 2024.

This role is based in Singapore and will be part of the APAC region team.


The New Activity Risk Managers are responsible for matters relating to the day-to-day review process for new activities within APAC and Business lines assigned to their team.

In this role they will work closely with partners in relevant business lines within the Institutional Client Group (ICG), and with partners in control functions across the different lines of defense.


This role provides coordination and leadership for committee members, which include senior representatives from all major functional disciplines, including Independent Risk Management, Legal, Bank Regulatory, Compliance, Accounting Policy, Product Control, Treasury, Basel Interpretive Office, Tax, Operations, Technology, and Legal Vehicle Governance, among others.

Important to this role is consideration and coordination of issues across Citi's legal entities whilst also ensuring alignment with regional and global regulatory expectations.


Key Responsibilities
Responsible for assisting with the management and coordination of the end-to-end activities of the New Activity approval process, including but not limited to

  • Engage with businesses and stakeholders across different businesses, geographies, and functions to prescreen, assess and advise on their submissions in Ideation stage;
  • Challenge new activity proposals for quality and completeness and provide guidance to business, risk and control functions.
  • Assist businesses with validation and closure of any conditions of approval assigned through the review process;
  • Maintain formal documentation, proceedings and records of approved proposals and Product Programs;
  • Effectively manage and ensure delivery of scheduled Post Implementation Reviews
  • Ensure strong governance, appropriate senior management engagement, and support in strong risk management decisions in a commercial timeframe and manner.
  • Implement global policies and standards in the new activity space, ensuring alignment to the Risk Governance Framework, Risk Appetite and regulatory expectations.
  • Ensure adherence to the new activity related requirements of the primary regulators in APAC and other regions, as applicable.
  • Liaise regionally and globally with other New Activity Risk Managers within New Activity Risk Management
  • Support the implementation of the enhanced process of the New Activity Frameworks under the consent order.
  • Foster and manage relationships with senior stakeholders across the Institutional Client Group, control functions, second line of defense Risk and Compliance functions, third line of defense Internal Audit functions, and material legal entity management.
-
Job Family Group:

Risk Management

-
Job Family:

Underwriting & Distrib Risk

-
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.

View the "
EEO is the Law" poster. View the
EEO is the Law Supplement.

View the
EEO Policy Statement.

View the **Pay Transparency Posting

  • Head of Apac Risk Management

    2 weeks ago

    Singapore SCOR Full time

    The Risk Coverage department is part of the CRO area. The Risk Coverage team is in charge of the development and effective operation of risk management mechanisms relating to SCOR's risks and operations.This includes the following main activities: Definition and development of SCOR's Risk Management frameworks (eg Risk Appetite, Monitoring of risk exposure,...

  • Apac IT Security Risk Manager

    2 weeks ago

    Singapore BNP Paribas Full time

    In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a...

  • Regional Logistics Purchasing Manager APAC

    1 month ago

    Singapore HENKEL APAC SUPPLY CHAIN PTE. LTD. Full time

    Roles & ResponsibilitiesYour role: Ready to join a great team of Henkel Supply Chain team with an exciting job opportunity as a Logistics Purchasing Manager APAC Directly reporting into the Head of Purchasing Logistics APAC Regional and local responsibility for Warehousing, Transportation, Parcel services in collaboration with the Global Category Team...

  • Regional APAC Manager, US Listed Medical Device

    2 months ago

    Singapore APAC Michael Page Full time

    As the Regional FP&A Manager, you will play a critical role in partnering closely with the Commercial Head of APAC to provide financial insights and strategic support for our sales and services operations. This role requires a seasoned finance professional with extensive experience in both sales and services, coupled with strong analytical skills and...

  • APAC FP&A Manager, US Listed Medical Device

    4 weeks ago

    Singapore APAC Michael Page Full time

    As the Regional FP&A Manager, you will play a critical role in partnering closely with the Commercial Head of APAC to provide financial insights and strategic support for our sales and services operations. This role requires a seasoned finance professional with extensive experience in both sales and services, coupled with strong analytical skills and...

  • Cgw Investment Apac Risk

    2 weeks ago

    Singapore Citi Full time

    Support risk and control programs for the APAC Investment organization including execution and reporting results to provide global risk management consistency and excellence Works closely with business and product partners on regulatory change management, management of issues, identifies gaps and makes recommendations on improving practices Management of...

  • Senior Risk Manager

    1 month ago

    Singapore M&G plc. Full time

    At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities . To help us achieve...

  • Senior Risk Manager

    4 weeks ago

    Singapore M&G plc. Full time

    At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities . To help us achieve...

  • AVP, Third Party Risk Management, Risk Management Dept

    2 months ago

    Singapore Sumitomo Mitsui Banking Corporation Full time

    Third Party Risk Management as a 2nd Line function Implementation of Third Party Risk Management framework in APAC branches and subsidiaries for assessing, monitoring and reporting of third party risks inherent in business operations, with Technology Risk, Operational Risk and Operational Resilience as key priorities Own, upkeep and operationalize the...

  • APAC HR Risk

    2 weeks ago

    Singapore HAYS SPECIALIST RECRUITMENT PTE. LTD. Full time

    Roles & ResponsibilitiesA HR Risk & Governance Analyst role in Singapore for a Financial Institution.Your new companyThe client is a Financial Institution with a global presence offering products ranging from corporate, personal, private banking, as well as investment banking and capital markets. They are looking for a HR Risk & Control to join their...

  • Senior Manager, Credit

    2 months ago

    Singapore DSV AIR & SEA SINGAPORE PTE. LTD. Full time

    Roles & ResponsibilitiesPurpose of the PositionThe regional credit & risk manager will be responsible for the management and coordination of all credit control activities for DSV APAC, to ensure that customers pay within the agreed payment terms and coordinate with LSSC to follow group credit policy, support credit & risk management process optimization....

  • Apac New Business Transformation Expert

    2 weeks ago

    Singapore Combined Insurance Full time

    APAC New Business Transformation ExpertPlease note that this role can be based either in Hong Kong, Singapore, or other APAC countriesResponsible in leading and driving highly efficient & optimized new business transformation to support business growth across business segments & channels in APAC markets.Responsibilities: Transform new business flow to be...

  • Editor, T Brand International, Apac

    2 weeks ago

    Singapore The New York Times Full time

    Themissionof The New York Times is to seek the truth and help people understand the world. That means independent journalism is at the heart of all we do as a company. It's why we have a world-renowned newsroom that sends journalists to report on the ground from nearly 160 countries. It's why we focus deeply on how our readers will experience our journalism,...

  • Risk Manager

    2 weeks ago

    Singapore SCOR Full time

    Job summary (This is a 12 months contract position)Enterprise Risk Management (ERM) supports the strategic objectives defined by the Group. The ERM is defined and maintained within the CRO area. Through the different specialized departments, the CRO area monitors adherence of SCOR's risk profile to the defined risk appetite, optimizes the risk composition,...

  • Apac Risk Manager Qsra/qcra

    2 weeks ago

    Singapore Linesight Full time

    APAC Risk Manager QSRA/QCRAAs a Risk Manager at Linesight, you will work with highly experienced, culturally diverse, and passionate teams nurturing a strong social dynamic and a shared sense of achievement. You will gain vast industry experience that will open doors for you, extend your skillset and expand your perspective. We will empower, support, and...

  • Apac Cybersecurity and Privacy Assistant General

    2 weeks ago

    Singapore AIG APAC HOLDINGS PTE. LTD. Full time

    Your future teamAIG's Global Legal, Compliance, Regulatory and Government Affairs (GLCR) department is comprised of attorneys and other professionals providing high quality advisory and transactional support with integrity and objectivity across all parts of the organization. The team ensures an operating environment that minimizes legal, regulatory and...

  • Apac Reserving Actuary

    2 weeks ago

    Singapore AIG APAC HOLDINGS PTE. LTD. Full time

    Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings...

  • Senior Manager, Enterprise Risk Management

    4 weeks ago

    Singapore APAC Michael Page Full time

    This is a Senior Manager, Enterprise Risk Management (ERM) position with a reputable real estate developer. With a global portfolio of diverse asset classes, the business is committed to creating spaces that enhance the communities and delivering value to stakeholders through strategic investments and development projects.Client DetailsMy client is a leading...

  • Senior Manager, Enterprise Risk Management

    1 month ago

    Singapore APAC Michael Page Full time

    This is a Senior Manager, Enterprise Risk Management (ERM) position with a reputable real estate developer. With a global portfolio of diverse asset classes, the business is committed to creating spaces that enhance the communities and delivering value to stakeholders through strategic investments and development projects.Client DetailsMy client is a leading...

  • Senior Manager, Enterprise Risk Management

    1 month ago

    Singapore APAC Michael Page Full time

    This is a Senior Manager, Enterprise Risk Management (ERM) position with a reputable real estate developer. With a global portfolio of diverse asset classes, the business is committed to creating spaces that enhance the communities and delivering value to stakeholders through strategic investments and development projects.Client DetailsMy client is a leading...