• Competitive
  • Wilmington, DE, USA
  • Permanent, Full time
  • Citi-US
  • 2019-02-20

VP Credit Risk Execution and Oversight Officer

VP Credit Risk Execution and Oversight Officer

  • Primary Location: United States,Delaware,Wilmington
  • Other Location: United States,Texas,Irving
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18074921


Description

About Citi:
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

 Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

Key Responsibilities:
The primary focus of this role is support strategic oversight of the risk policy execution and monitoring for the Global Consumer Risk Management organization as the 2nd Line of Defense.

This role will be instrumental in establishing robust operational readiness for policy execution, risk identification, mitigation and prevention, and also doing an effective challenge to the In-Business process owners leveraging on the Risk Oversight Tools that are part of the GCRM framework.
  • Provide oversight of policy adherence of the GCCFRP
  • Work with the Independent Risk teams in NAM, LATAM and APAC to execute the MCA process for the Global Consumer Risk Management
  • In coordination with the Independent Risk partners, create a feedback loop to improve the control environment identifying trends on topics that indicate emerging risks
  • Provide support on the documenting and updating new policies/procedures/standards supporting the implementation of policies execution at In-Business and/or Oversight level
  • Partner with FRI to keep a robust set of metrics to monitor the Consumer Risk Oversight Policy Execution
  • Identify changes in Global Consumer Credit Fraud and Risk Policy (GCCFRP) or relevant regulations that may lead to changes to the Risk Policy Oversight framework (RPO)   
  • Evaluate process issues identified for GCRM and ensure adequacy of Root Cause Analysis and corrective action plans are in place and timely executed
  • Assist Independent Senior Risk Policy Execution and Risk Transformation Manager to lead / present relevant material as necessary at senior level governance forums such as Town Hall/SCO Forums, MCA Continuous Monitoring Process, Credit Risk Strategy OpCom as well as for meetings with important stakeholders like the Regulators, 3rd Line of Defense and senior management.
  • Support the coordination of the GCRM forums
  • Ensure effective change management process of policy/standards/procedures are in place and up to Citi standards


  • Qualifications

    • Experience in managing complex projects with diverse stakeholder groups
    • Bachelor's degree required; MBA or related Master's Degree is highly preferred
    • Strong energetic lead with advanced presentation and communication skills
    • 5+ years of experience in consumer credit risk management and/ or process re-engineering and automation. Prior consulting experience a plus
    • Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views.
    • Excellent judgment and independent decision-making ability