SVP Enterprise Concentration Risk Management

1 week ago

Mississauga, Canada Citigroup Inc. Full time

Enterprise Concentration Risk Management (ECRM) is an enterprise-wide risk management function that encompasses credit risk, market risk, liquidity risk, and operational risk. ECRM is part of the overall Enterprise Risk Management (ERM) Organization.

The SVP Enterprise Concentration Risk Management - Identification and Monitoring is focused on supporting and enhancing the concentration risk framework at Citi. The individual will be responsible for providing concentration-related subject matter expertise in concentration risk management to relevant stakeholders.

The role encompasses:

  • reviewing and challenging concentration risk identification framework (including any metrics) in coordination with risk and business management
  • monitoring existing and emerging concentration risks to develop relevant concentration risk driven narrative for Senior Management (monthly) and to the Citi/CBNA Board (quarterly) reports

As the SVP Enterprise Concentration Risk Management, you will play a critical role in identifying, assessing, and mitigating risks across Citi. You’ll collaborate with senior leadership across multiple risk stripes and various business units to ensure effective risk management practices. If you have a strong background in ERM, particularly within the banking sector, and can communicate complex risk concepts persuasively, we’d love to hear from you

Responsibilities:

  • Risk Assessment and Identification - Conduct comprehensive risk assessments, considering both internal and external factors to identify material/emerging concentration risks, evaluate their potential impact, and recommend appropriate risk mitigation strategies.
  • Risk Reporting and Communication - Prepare clear, concise, and compelling risk reports for senior management and the Board by synthesizing key concentration issues that impact Citi. Articulate complex risk issues in a way that resonates with diverse audiences.
  • Risk Monitoring and Measurement - Lead robust review and challenge sessions with key stakeholders across multiple risk stripes (e.g., Wholesale/Retail Credit, Treasury Risk, Market Risk, Liquidity Risk) to enhance concentration-related key risk indicators (KRIs) and monitor their exposure.
  • Regulatory Compliance - Prior experience with implementation of frameworks related to OCC's Heightened Standard is extremely desirable. Knowledge of regulatory requirements around management of Concentration Risks at large banks is required.
  • Adherence to Policy and Procedures - Ensure all monitoring and reporting procedures align with ECRM risk policies and work effectively with individual business risk policies as they pertain to ECRM.

Qualifications:

  • Strong background in Financial Risk Management with at least 4 years of hands-on experience in Enterprise Risk Management
  • 10+ years of Risk Management experience at large banks
  • Broad understanding of different risk stripes within ECRM framework, including but not limited to credit, market, operational, liquidity, DSFT risks, etc.
  • Familiarity with Regulatory expectations around Concentration Risk will be extremely helpful
  • Strong analytical skills and the ability to link common risks across different risk areas

Education:

  • 8-12 years relevant experience
  • Bachelor's degree/University degree or equivalent experience
  • Master's degree preferred
  • Certified Risk Professional (CRP), Financial Risk Manager (FRM), or similar certifications is desirable

Job Family Group: Risk Management

Job Family: Credit & Portfolio Risk Management

Time Type: Full time

Citi is an equal opportunity and affirmative action employer.

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.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities.

#J-18808-Ljbffr

  • Svp Enterprise Concentration Risk Management

    2 weeks ago

    Mississauga, Canada Citi Full time

    Enterprise Concentration Risk Management (ECRM) is an enterprise wide risk management function that encompasses credit risk, market risk, liquidity risk and operational risk. ECRM is part of the overall Enterprise Risk Management (ERM) Organization. - reviewing and challenging concentration risk identification framework (including any metrics) in...

  • SVP Enterprise Concentration Risk Management

    1 week ago

    Mississauga, Canada Citigroup Inc. Full time

    p>Enterprise Concentration Risk Management (ECRM) is an enterprise-wide risk management function that encompasses credit risk, market risk, liquidity risk, and operational risk. ECRM is part of the overall Enterprise Risk Management (ERM) Organization.The SVP Enterprise Concentration Risk Management - Identification and Monitoring is focused on supporting...

  • Svp

    6 months ago

    Mississauga, Canada PointClickCare Full time

    For more than 20 years, PointClickCare has been the backbone of senior care. We’ve amassed the richest senior care dataset making our market density untouchable and our connections to the healthcare ecosystem exponentially more powerful than those of any other platform. With Collective Medical & Audacious Inquiry, we’ve become the most expansive,...

  • Enterprise Risk Manager

    6 months ago

    Mississauga, Canada Element Fleet Management Full time

    Get started on an exciting career at Element!_ Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to be people first, then business - delivering on our promise of a superior client experience. This takes hard work and innovation, and we need more like-minded people on our team. What We...

  • Svp, Enterprise Risk Analytics

    6 months ago

    Mississauga, Canada Citi Full time

    We are a seeking a **Enterprise Risk Analytics (ERA) Transformation Program Manager** individual to Project Manage the Stress Testing Book of Work and Consent Order across Risk segments/stripes in partnership with other ERA SME leads, Program Management leads and the CAO office, businesses and other functions, with best-in-class execution discipline. **Some...

  • Enterprise Risk Management Specialist

    3 weeks ago

    Mississauga, Ontario, Canada 08763 Citi Canada Technology Services ULC Full time

    Job SummaryThe Enterprise Risk Technology Product Owner will be responsible for leading and executing an end-to-end creation and quality review process for Enterprise Risk Management Technology owned and impacted regulatory business critical milestones. This role is a key function within the Functions Technology Team to ensure that the closure process of...

  • Risk Appetite

    6 months ago

    Mississauga, Canada Citi Full time

    **About Citi** Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet...

  • Erm Forums Risk Manager Vp

    5 months ago

    Mississauga, Canada Citi Full time

    The Enterprise Risk Management (ERM) function within Independent Risk Management is responsible for overseeing the implementation of the principles articulated in Citi’s Enterprise Risk Management Framework (ERMF) and for the performance of specific enterprise-level risk management programs and processes that span the organization, the lines of defense and...

  • Analyst Enterprise Risk Management

    4 months ago

    Mississauga, Canada Backstage Full time

    **Requisition ID**: 184724 **Career Group**: Corporate Office Careers **Job Category**: Enterprise Risk Management **Travel Requirements**: 0 - 10% **Job Type**: Full-Time **Country**: Canada (CA) **Province**: Nova Scotia; Alberta; Ontario; Québec **City**: Stellarton, Calgary, Mississauga, Montréal Embark on a rewarding career with Sobeys Inc.,...

  • Svp, Risk Management Framework Lead

    2 weeks ago

    Mississauga, Canada Citi Full time

    The Risk Framework & Policy team within ERM is responsible for designing and driving enhancements to, and facilitating the execution of, the firm’s risk management framework to strengthen the firm’s risk management capabilities. The Risk Framework and Policy team owns and defines the Enterprise Risk Management (ERM) Framework, Citi’s overarching risk...

  • Enterprise Risk Management

    6 months ago

    Mississauga, Canada Citi Full time

    The Enterprise Risk Management (ERM) function within Independent Risk Management is responsible for overseeing the implementation of the principles articulated in Citi’s Enterprise Risk Management Framework (ERMF) and for the performance of specific enterprise-level risk management programs and processes that span the organization, the lines of defense and...

  • Enterprise Risk Strategic Initiatives

    6 months ago

    Mississauga, Canada Citi Full time

    **About Citi** Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet...

  • Strategic Risk Management Lead

    3 weeks ago

    Mississauga, Ontario, Canada Citibank Full time

    About the TeamAt Citibank, we are committed to delivering a clearly articulated risk appetite that is connected to firm-wide processes and cascaded within the organization. Our team's book of work is constructed to strengthen our approach to risk management, ensuring a risk profile that is consistent with our defined risk appetite.About the RoleWe are...

  • Cybersecurity Risk Management Leader

    3 weeks ago

    Mississauga, Ontario, Canada Element Fleet Management Full time

    Cybersecurity Risk Management LeaderWe are seeking a highly skilled Cybersecurity Risk Management Leader to join our team at Element Fleet Management. This is an excellent opportunity to work with a leading fleet management company and contribute to the success of our business.As a Cybersecurity Risk Management Leader, you will be responsible for managing...

  • Vp, Enterprise Risk Management

    5 months ago

    Mississauga, Canada Citi Full time

    The Governance team is responsible for governance and control oversight of the Enterprise Risk Management (ERM) including (i) policies, supporting standards and procedures, and training, (ii) regulatory and audit communications, (iii) internal controls, and (iv) consent order execution. **VP, MCA Risk and Control** **Core Responsibilities** - Support the...

  • Vp, Enterprise Risk Management

    4 weeks ago

    Mississauga, Canada Citi Full time

    The Risk Framework & Policy team within ERM is responsible for designing and driving enhancements to, and facilitating the execution of, the firm’s risk management framework to strengthen the firm’s risk management capabilities. The Risk Framework and Policy team owns and defines the Enterprise Risk Management (ERM) Framework, Citi’s overarching risk...

  • Senior Audit Manager, Risk Management

    2 months ago

    Mississauga, Canada Citigroup Inc. Full time

    The Senior Audit Manager is a senior level management position responsible for managing a complex and critical unit within Internal Audit, in coordination with the Audit team. The overall objective of this role is to develop and execute a robust Audit Plan, and direct complex audit activities for a component of the business at a regional or country level.In...

  • Strategic Enterprise Risk Management Leader

    3 days ago

    Mississauga, Ontario, Canada Navacord Full time

    Company OverviewHydro One is the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. Job SummaryWe are seeking a seasoned risk management professional to lead our Enterprise Market Risk Non-Trading Portfolio team at RBC. Key Responsibilities- Develop and implement comprehensive market risk management...

  • Senior Audit Manager, Risk Governance

    2 months ago

    Mississauga, Ontario, Canada Citigroup Inc. Full time

    Senior Audit Manager, Risk ManagementThe Senior Audit Manager, Risk Management is a senior-level management position responsible for leading a complex and critical unit within Internal Audit, in coordination with the Audit team. The overall objective of this role is to develop and execute a robust Audit Plan, and direct complex audit activities for a...

  • Strategic Enterprise Risk Management Leader

    2 weeks ago

    Mississauga, Ontario, Canada Citi Full time

    Job SummaryWe are seeking a highly experienced Strategic Enterprise Risk Management Leader to join our team at Citi. In this role, you will be responsible for leading large-scale projects and managing multiple stakeholders.Key ResponsibilitiesDevelop and implement project plans to fit the needs of stakeholders and deliver within budget on desired...