Job Details
The Wealth Management Business Risk & Controls Governance Manager will lead the development and implementation of a robust governance framework specifically for fiduciary risks, including but not limited to Retail Non-Deposit Investment Products (RNDIP) and Conflict of Interests (COI) committees. This role will ensure that our fiduciary governance framework is compliant with Citi Governance Policy with appropriate coverage, structure, and authority documented for each Committee, sub committee, and business forum. This role will work closely with our risk management, control, and compliance organization to ensure the appropriate escalation and review of governance topics.
This role will also ensure that appropriate Policies, Standards, and Procedures are documented for the Wealth MCA, ERM and Governance activities.
Responsibilities:
- Enhance our global Wealth fiduciary governance framework to drive compliance with regulatory and internal governance requirements for monitoring, escalating and decisioning business risks
- Drive a Wealth governance framework that supports our operating unit structure with appropriate coverage, accountability, and authority documented for each Committee, sub committee, and business forum
- Manage the agenda, meeting minutes, and follow-up topics for Wealth Conflict of Interest and Retail Non-Deposit Investment Products (RNDIP) committees, additional fiduciary committees may be added if appropriate in our governance assessment
- Drive standardized governance charters, meeting materials, meeting agenda, and meeting minute templates across our Committee, sub-committee, and business forums
- Strategic leadership in harmonizing, enhancing, and creating Wealth policies, standards, and procedures aligned with Wealth MCA, ERM, and Governance activities.
- Development of strong relationships with key stakeholders with clear communication
- Proactive engagement with control functions to ensure understanding of the Wealth governance program
- Focus on continuous control improvements across all areas to ensure continued improvement of the control framework in an efficient, cost effective, streamlined, and value-add manner.
Qualifications:
- 10-15 years of Financial Services and analytical / control work experience
- Strong understanding of relevant business processes and data segments including the ability to solve for a root cause rather than symptoms
- Strategic thinker with strong analytical skills and the ability to translate complex concepts in a concise manner
- Demonstrated leader capable of driving change
- Ability to set priorities and manage multiple projects simultaneously in a fast paced, highly matrix, dynamic environment
- Self-motivated, highly adaptive, and able to work well under high stress
- Excellent oral and written communication skills
Education:
- Bachelor’s degree; experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; extensive experience in area of focus; previous experience managing a diverse staff
- Advanced degree (e.g., JD, MBA) and certifications (CFA, FRM) preferred
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Long Island City New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Dec 11, 2024------------------------------------------------------
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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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