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Senior Risk Governance Specialist

2 months ago


Singapore CITIBANK N.A. Full time
Job Title: Senior Risk Governance Specialist

Citi is seeking a highly skilled Senior Risk Governance Specialist to join our team. As a key member of our risk management function, you will be responsible for supporting the global RGF head in the management, governance, and oversight of the implementation of Citi's Enterprise Risk Management Framework, programs, and processes that span the organization, the lines of defense, and various risk categories.

Key Responsibilities:
  • Coordinate, consolidate, and end-to-end manage the materials for the Material Risk Inventory, LF/Citi Holdings Risk Assessment of Operating Plan (RAOP), and Strategic Risk Assessment processes for LF/Citi Holdings globally.
  • Develop, deploy, and enhance risk and control monitoring and reporting processes to measure control performance and enable effective risk and controls identification, monitoring, and governance.
  • Analyze data and prepare management reporting materials for relevant governance forums.
  • Develop the presentation of the key top, material, emerging, and strategic risks to senior management.
  • Drive execution of the risk identification efforts in partnership with team members and other relevant 2LOD/3LOD teams across the bank for timely and effective outcomes that meet the firm's expectations.
  • Responsible for execution in accordance with the Target Operating Model (TOM) principles and ensuring that the critical activities are identified, assessed, and reported to senior management.
  • Incorporate Emerging, Top, and Concentration Risks into the Risk Appetite Assessments, Scenario Analysis, and Manager's Control Assessment (MCA) processes, ensuring that ranking and prioritizing of Emerging Risk occurs as required by Policy.
  • Connect the Risk Governance requirements to other important processes, such as Strategic Planning, Risk Appetite, Risk Capital, CCAR/DFAST, and Stress Testing for easy understanding and sensible alignment.
  • Outline required and sustainable Emerging Operational Risks & Operational Concentration Risks monitoring and reporting in the BRCCs and equivalent forums.
  • Establish and facilitate review and challenge sessions on material risks ensuring that all Business functions provide their inputs to the process and are aligned in their approach of risk review during the challenge and submission process.
  • Represent as the local/global SME for Risk ID Consent Order Transformation, interfacing and covering Risk Taxonomy initiatives (ie. Risk category Group management vertical) in collaboration of Consent Order transformation to achieve milestones/timelines.
Requirements:
  • Years of experience in risk and controls, operational, and compliance efforts in financial services.
  • Exceptional communication, presentation, and strategic skills to aptly engage with senior stakeholders.
  • Adept at building relationships with key stakeholders and influencing and negotiating to drive change.
  • Solid organizational skills and ability to pivot between team and stakeholder management.
  • Understanding of Citi Holdings risk profiles across multiple geographies.
  • Minimum Bachelor's Degree or equivalent professional qualification. Master's degree preferred.
  • Self-starter who can work independently.
  • Ability to multi-task and manage concurrent projects and deliverables.
  • Proficient in the use of basic Microsoft applications (Word, Excel, PowerPoint).
  • Effectively work in situations requiring analytical, interpretive, and problem-solving techniques.
  • Ability to build collaborative working relationships with various groups like Independent Risk, Operational Risk Management, and Compliance.
  • Drive timely results with very good organizational skills and structured work approach.