Citi Ventures Business Execution and Controls Vice President’

Posted:
3/23/2025, 5:00:00 PM

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

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

Citi Ventures is an integral part of the Client organization at Citi, and consists of three core verticals:

  • Strategic Investing: sources and executes minority investments in innovative, early-stage companies with the primary goal to support and drive innovation in Citi businesses
  • Partnerships & Venture Development: capitalizes on Citi products and IP through spinouts, partnerships, and commercialization frameworks to drive revenue.
  • Enterprise Digital Assets: operates throughout Citi’s lines of businesses to provide cross-enterprise functionality and expertise for digital assets.

The Business Execution and Controls (BEC) team sits within Citi Ventures and supports the core Citi Ventures verticals. The BEC team provides broad-based support capabilities across Operations, Performance and Program Management, Risk and Controls, Governance, and Culture efforts. The BEC team also enables operational efficiency, drives consistency throughout Venture Investing groups, and leads transformation efforts.

The role sits within Business Execution and Controls (BEC) within the Citi Ventures organization and presents a unique opportunity to work within and learn more about the Strategic Investing space, as well as Partnerships & Venture Development, and Enterprise Digital Assets teams. Furthermore, the role positions the applicant to collaborate closely with a broad set of internal Citi stakeholders, including Citi Ventures Control Partners (e.g. Finance, Controllers, Bank Reg, Legal, and Risk), and the offices of the CAO and Head of Business Execution within the Client organization. The Business Execution and Controls VP will act as an evangelist, striving for alignment and consistency in processes across Venture Investing at Citi, identifying and executing on opportunities to streamline approaches, and responding to deliverables in a time-effective and sophisticated manner. The role will report to the co-head of the Citi Ventures Business Execution and Controls Team.

Position Scope & Responsibilities:

Citi Ventures, is seeking a highly motivated individual - Program Lead Manager (VP) to support the Business Execution and Controls team, with focus across:

Internal Risk & Control and Governance:

  • Support the Business Execution and Controls (BEC) team within Citi Ventures and provide broad based support with Risk and Control and Governance requests and activities, including the Citi Ventures Manager’s Control Assessment (MCA) to identify, manage and mitigate risks and perform ongoing monitoring to ensure internal controls are functioning properly, identifying any control gaps, and recommending control enhancements as needed
  • Support MCA transformation activities, including GPMP adoption, control monitoring and automation efforts.
  • Drive Risk ID assessments and reviews, including Non-Traded Market Risk
  • Lead deliverables as part of the Risk Governance Framework and update various governance documents to ensure adherence to internal policies and procedures
  • Assist with the annual update of the internal Citi Ventures Product Program document, striving for proactive alignment across ventures investing groups at Citi; contribute updates towards enterprise-wide policies and procedures
  • Manage the monthly Warrant tracking and attestation process for Citi Ventures
  • Drive proactive identification, management, and remediation of issues/findings/corrective action plans across Citi Ventures in line with firm requirements including artifacts/deliverables to support issue validation/resolution
  • Respond to internal 2nd and 3rd LOD and external regulator reviews, audits, inquiries, and attestation requests 

Performance and Program Management:

  • Compose senior management updates and leadership presentations, including but not limited to the Venture Investing Advisory Committee and the quarterly Citi Ventures Updates
  • Support performance and activity planning, analysis, and tracking efforts
  • Provide broad ad hoc support to the Citi Ventures team with various management requests and deliverables
  • Maintain and proactively enhance the internal CV Strategic Investing Best Practices procedure guide 
  • Act in a project management leadership capacity in supporting current and future projects (e.g. platforms, tools, core processes) towards successful and timely completion  

Citi Ventures Operations:

  • Actively participate in the wire execution process to fund new equity venture investments  
  • Own select operations activities for the group, including Continuity of Business and Record Management tasks
  • Assist with various 3rd party vendor relationship support tasks, including contract renewals
  • Provide other Business Management support to the Citi Ventures team, as needed  
  • Champion various Culture efforts, including Voice of Employee workstreams and new team member Onboarding

Qualifications

  • Bachelor’s degree in a quantitative discipline: Finance, Mathematics, Sciences, Statistics, Economics, Management, Operations Research, Risk & Controls, Governance, Compliance, Strategy or Consulting role
  • Venture Investing knowledge a plus
  • 5+ years of work experience in Financial Services, Investment Banking, Investing, Management Consulting, or Data Analytics/Data Science
  • Excellent presentation, oral and written communication and influencing skills; ability to effectively produce impactful and sophisticated documentation
  • Excellent PowerPoint and slide creation skills and ability to tailor slide content to audience knowledge base and seniority level
  • Solid Microsoft Excel skills and the ability to quickly develop advanced knowledge of MS Excel
  • Experience in Project Management, Strategic Initiatives Management and Business Analysis preferred
  • Quick learner with excellent communication skills, team-oriented mentality, and ability to work with counterparts in different areas of organization
  • Acute attention to detail, substantial problem-solving, as well as self-sufficiency and accuracy in delivering results are essential 
  • Ability to set priorities and manage multiple projects simultaneously in a fast paced, highly matrix, dynamic environment
  • Openness to challenge and continuously challenging the status quo
  • Self-motivated, highly adaptive, and able to work well under high stress

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Job Family Group:

Project and Program Management

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Job Family:

Program Management

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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:

$129,840.00 - $194,760.00


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:

Mar 31, 2025

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