Global Lf/holdings Risk Identification

At **Citi**, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients - whether they be consumers, corporations, governments or institutions - to help them meet their biggest opportunities and face the world's toughest challenges.

The Citi LF/Holdings Global Risk Identification & Governance Senior Lead is 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. These include but are not limited to risk identification, risk monitoring, strategic risk assessment, risk appetite & limits, new activity risk management, risk frameworks & policy advisory, and audit management. The role has a direct reporting line to the Citi LF / Holdings Global Risk & Governance Framework Head, based out of New York. The role will coordinate closely with Global Holdings and the broader Legacy Franchise management team to ensure a consistent approach where possible to enterprise risk management, policy compliance, and enterprise / LF project management including consent order deliverables and audits.

This is a strategic role responsible for driving the development and execution of the Global LF Risk Governance Framework requirements related to the Identification, Monitoring, Measurement and Control of the Material Risk Inventory (MRI), Top and Emerging Risks, as well as Concentration Risks and linking these requirements to other key processes, such as Strategic Planning, Risk Appetite and Risk Capital.

**Key Responsibilities**:
**Risk Identification & Governance**:

- Responsible for coordination, consolidation, and end-to-end management of 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. This involves reviews with the Product/Function Heads, fronting the challenge from the Independent Risk teams as well as review with the Asia/Europe stakeholders before submission to Global Risk Identification team.
- 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.

**New Activity & Risk Management, Risk Appetite & Limits**:

- Responsible for new activity risk management, including, but not limited to product inventory mapping, reviewing of proposals from businesses to assess for compliance to the New Activity Policy / for sunset of processes.
- Assisting the lead with the performing of ongoing monitoring for new activities approvals globally for LF R&C
- Ensuring the Product Risk Ratings and Periodic Refresh and Time/Event Based Reviews are performed within the expected timelines.
- Monitoring of the risk appetite statements and assessments processes to ensure execution globally across all relevant LF/Citi Holdings teams (as applicable)
- Assist with identification of the risk limits and threshold