Finance Resolution & Recovery Planning- Non-Financial Capabilities, Controls and Testing Senior Vice President – C14

Posted:
12/19/2024, 4:00:00 PM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

The Resolution & Recovery Planning (RRP) Non-Financial Capabilities, Controls, and Testing (CCT) SVP will support the team within RRP team for core non-financial capabilities and relevant sub-capabilities ensuring capabilities meet regulatory requirements, Citi’s expectations, as well as peer practices. This role reports to a Director (C15).

Responsibilities:

  • Define, enhance, and maintain the CCT framework, guidance, and procedures for core non-financial capabilities and relevant sub-capabilities.
  • Standardize and streamline the processes and relevant documentation.
  • Guide Accountable Executives (AEs) to maintain capability inventory, follow firmwide approach to assess controls and design comprehensive tests in accordance with CCT framework.
  • Review and challenge the completeness, adequacy and comprehensiveness of capabilities/sub-capabilities, controls and testing documentation and test outcomes to ensure adaptability under various stress scenarios and compliance with the regulatory expectation.
  • Provide governance and oversight of RRP related issues and corrective actions.
  • Support various governance bodies (e.g., Senior Governance Group and/or Recovery and Resolution Steering Committee) with required materials.
  • Support capability AEs in responding to regulatory exams, firmwide requirements/requests, and other inquiries in a timely manner.

Qualifications:

Education: Bachelor’s degree in business, finance, economics, law, or related fields

Experience: 10+ years of relevant experience in corporate treasury, risk management, financial regulation, project management, or similar fields

Communication Skills: Excellent oral and written communications skills to enable effective engagement with senior stakeholders.

Expertise: Demonstrated expertise in a role focused on and comprehensive understanding of capabilities as well as proven track record with controls and testing programs

  • Understanding of Regulatory Environment: Deep knowledge of financial regulations and requirements, particularly those relating to recovery and resolution planning
  • Capital and Liquidity Management Knowledge: Should understand the complexities of capital and liquidity management
  • Compliance Management: Knowledge and experience in ensuring compliance with regulatory requirements as well as experience representing large financial institutions (preferably G-SIBs) with regulatory bodies (e.g., OCC, FDIC, FRB, PRA, EBA, etc.)
  • Analytical Skills: Highly developed analytical and problem-solving skills
  • Organizational Skills: Capable of managing multiple priorities and meeting tight deadlines in a dynamic work environment
  • Teaming: Proven track record engaging and partnering with Business Unit (BU) leaders and cross-functional teams (e.g., Risk, Audit, Legal, Compliance, Technology, etc.)
  • Analytical Skills: Strong analytical and problem-solving skills with the ability to connect the dots across different business areas.
  • Proactive, highly organized with strong attention to detail while driving results within critical deadlines. Intellectual curiosity: Must be comfortable operating with some degree of ambiguity and defining approaches to handle “white space” inherent in an evolving regulatory environment.

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Job Family Group:

Finance

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Job Family:

Fin Solutions Dsgn & Implement

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$176,720.00 - $265,080.00


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:

Jan 31, 2025

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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.

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