Director - Regulatory Risk Senior-19033299 Description Job Description: Senior member of the Capital Risk Management and Review (“CRMR”) team with responsibilities for regional coverage in EMEA and Asia. The position reports to the Global Head for CRMR. Key Responsibilities:
Establish strong and effective relationships with a network of regional key stakeholders, partnering with senior colleagues in
Finance-Capital Advisory Group
Independent Risk Management including Credit, Market and Convergence Risk, Quantitative Risk and Stress Testing (“QRS”), and Fundamental Credit Risk
Business First Line
Establish and maintain strong and effective relationships with US and International regulators for Basel-related topics
Serve as a key regional liaison with Internal Audit (IA) and external auditors on all significant Basel related issues
Collaborate in the ongoing maintenance of appropriate Basel-related capital policies
Contribute to the development and maintenance of a central repository for Basel related interpretations and review results
Support the CRMR Global head on a wide spectrum of Risk management and governance activities related to Risk and Basel Capital
Represent CRMR in New Product Approval and similar governance committees for the approval of new and complex transactions
Represent CBNA for risk governance
Drive the interpretive process for Basel III Risk Weighted Asset (“RWA”) measurement, providing effective and credible challenge to first line decisions for both the Standardized and Advanced Approaches
Together with QRS and the Business, ensure that internal and regulatory capital treatment for new products and complex transactions are consistent and that differences are appropriately explained
Participate as appropriate in independent reviews to provide assurance of compliance with the U.S. Basel III Final Rules
Through such reviews and in partnership with QRS, provide assurance that internal and regulatory capital treatment are consistent for Credit Risk and Market Risk, with differences appropriately explained, and that capital treatment is applied consistently on a global basis
Monitor and report on remediation of issues raised requiring a Corrective Action Plan
Unique visibility, cross-functional and cross-Risk experience and knowledge
Significant interaction with senior management
Direct involvement in a variety of critical RWA strategic projects across Citi
Strong understanding of the credit and market risk issues impacting regulatory and risk capital, as well as governance of the Basel capital process
10+ years of work experience in the financial industry, preferably with risk management experience with credit risk, market risk and/or regulatory capital experience
Understanding of the underwriting, structuring, pricing and syndication and hedging of bank financing products (including derivatives and Securitized Financing Transactions), as well as risk management practices, is preferred
Basic knowledge of Basel III and RWA
Knowledge of Citi’s markets businesses is preferred
Excellent executive level communication skills are required: verbal, written and presentation, with ability to articulate complex concepts and translate into "user-friendly" language.
Experience on virtual teams, preferably in a global / complex / matrix organization, and ability to manage through influence
Proven track record of delivering results and strategic initiatives in a complex environment
Experience interacting with regulators
Ability to deliver difficult messages in a professional manner
A transformational mindset to increase the effectiveness and efficiency of the processes
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience. Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success. Citi is an Equal Opportunities Employer.
8 August 2019
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.
Only direct applications will be considered.
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