The Senior Portfolio and Governance Manager manages multiple teams through other managers. In-depth understanding of how own sub-function contributes to achieving the objectives of the function. A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level.

Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an integral member of the functional leadership team within a country/site location, job family, or line of business.

Key Responsibilities:

• Establishment of central payments/movement of funds risk and portfolio governance, including determination of approach and implementation.
• Alignment of payment Taxonomy across the enterprise
• Management of a movement of funds program geared towards reducing internal liquidity risk
• Definition and implementation of minimum control standards (including for PPC, FX validation, manual file uploads, FMI governance, funds / credit availability check, etc)
• Monitoring of payments risk / reduction of errors and friction
• Works and influences other areas of Risk Management, Finance, Compliance/Control, and the lines of businesses.
• Identifies emerging operational risks, investigates causes for metrics that are deviating from trends and escalate situations that pose excessive risk(s).
• Direct team management

Key Management Skills:

• 15+ years relevant experience
• Demonstrated analytical ability; asks insightful questions, break analytical challenges into workable components and draws meaningful conclusions. Well versed in breaking down complex matters into core issues and root causes that can be more readily addressed.
• Prioritizes high impact potential problems effectively. Consistently reads different situations accurately and takes appropriate action.
• Advanced Leadership skills Operates as a leader, with an understanding and appreciation for diverse backgrounds.
• Strong understanding of control and risk management principles, with a track record of implementing effective frameworks to mitigate operational risks.
• Cross functional and stakeholder management expertise

Technical Skills:

• Experienced in Movement of Funds/ Payments Operational Risk. Knowledge of other risk disciplines (market risk, credit risk) a plus.
• Strong understanding of control and risk management principles, with a track record of implementing effective frameworks to mitigate operational risks.
• Proficiency in negotiation to resolve conflicts, reach consensus and manage expectations.

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Job Family Group:

Risk Management

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Job Family:

Operational Risk

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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:

$170,000.00 - $300,000.00

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:

Aug 29, 2024

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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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