Business Unit Manager, Underwriting Governance & Controls - SVP
Company: Hispanic Technology Executive Council
Location: Irving
Posted on: October 16, 2024
Job Description:
Citi continues to enhance its in-business controls and
governance framework by building out Institutional Credit
Management (ICM), to house and consistently manage credit risk
activities performed across its legacy Institutional Client Group
organization. ICMs objective is to provide integrated end-to-end
credit underwriting, identification, measurement, management, and
monitoring for wholesale credit risk across the enterprise. Within
ICM, the Credit Underwriting function (ICM-UW) provides analysis,
greenlight, underwriting, first-line-of-defense credit approval and
subsequent credit monitoring across all institutional wholesale
credit businesses including Corporate Banking, Securitization &
Specialized Products (SSP), Treasury & Trade Services (TTS),
Markets, and Securities Services.This role will report to the
ICM-UW Head of Governance and Controls.KEY RESPONSIBILITIES:Support
various ICM-UW verticals to implement, monitor, and govern the
governance and controls framework including the following:
- Manage the overall governance and controls framework for
certain ICM-UW verticals
- Provides project support to ensure execution under ICM-UW owned
Issues/CAPs
- Ensure controls framework is fit for purpose for assigned
ICM-UW verticals, specifically the ARCM and MCA framework
- Coordinate the development and implementation of Quality
Control framework across the ICM-UW verticals
- Ensure adequate oversight and management of internal and
external audits, including Regulatory, FCR and Internal Audit
- Engage with ICM-UW verticals to understand any concerns
regarding execution of the control environment and/or other
applicable emerging concerns which will need to be addressed by the
team
- Interface with ICM-UW verticals to develop and assess adequacy
of KPIs to drive scorecard metrics and facilitate the reporting of
results and trends
- Ensure ongoing and timely feedback to vertical heads to sustain
a strong control culture and an unwavering commitment to excellence
in execution
- Summarize and present key themes to Senior leaders and present
recommendations to facilitate improvement
- Support the broader ICM-UW team and other global
function/business partners on strategic initiatives/projects as
appropriateSPECIFIC RISK and GOVERNANCE EXPERIENCE:
- Possesses a working knowledge of the relevant procedures,
policies, and related process workflows that govern the end-to-end
delivery of credit
- Strong operational risk management knowledge and practical
application (e.g. issues management, ARCM and MCA design)
- Experience in effectively engaging with banking regulators,
FCR, and Internal Audit
- Thorough knowledge of Citis systems and operational
infrastructure
- Proven experience in facilitating the execution of key
processes that enable prompt execution of the monitoring and
management of risks
- Ability to provide strategic insights and strong sensitivity to
macro and regulatory issues, and impact of such issues on the
various risk families, including operational and franchise
risksQUALIFICATIONS:
- BA/BS or higher degree in Business, Finance or equivalent
experience, Masters degree preferred
- 10+ years risk/risk-related credit work experience in
banking/financial institutions
- Advanced Microsoft skills (Word, Excel, and PowerPoint)
- Demonstrates strong ethics and integrity
- Strong leadership. Dynamic, flexible, and with strong
communication skills
- Ability to see the big picture in a complex environment
- Can make decisions under pressure and short timeline
- Demonstrated influencing and negotiating ability, resolve
conflicts amongst various constituencies
- Creates alignment and transparency across the team by openly
communicating both team and individual goals and development areas,
and connects team purpose to overall firm strategy
- Exhibits strategic leadership skills by defining short and
long-term goals, assigning resources along with defining and
tracking performance metrics to ensure results
- Excellent presentation and communication skills adept at
presenting effectively to audiences of various sizes and various
constituencies------------------------------------------------------Job
Family Group: Business Strategy, Management &
Administration------------------------------------------------------Job
Family:Business
Administration------------------------------------------------------Time
Type:Full
time------------------------------------------------------Primary
Location:Irving Texas United
States------------------------------------------------------Primary
Location Full Time Salary Range:$156,160.00 - $234,240.00
In addition to salary, Citis 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.------------------------------------------------------Anticipated
Posting Close Date:Sep 27,
2024------------------------------------------------------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. If you are a person
with a disability and need a reasonable accommodation to use our
search tools and/or apply for a career opportunity review .View the
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Keywords: Hispanic Technology Executive Council, Richardson , Business Unit Manager, Underwriting Governance & Controls - SVP, Executive , Irving, Texas
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