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VP Risk Governance Lead (Hybrid)

Job Req ID 24786046 Location(s) Irving, Texas Job Type Hybrid Job Category Business Administration
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The Risk Governance team manages firm-wide cross risk type Governance Committees, including the Citigroup and CBNA Board Risk Management Committee (RMC), Group Risk Management Committee (GRMC), and CBNA Risk Committee. The team is part of the wider Risk Chief Administrative Office (CAO) that provides support to the Risk organization with a focus on governance, control effectiveness, regulatory engagement, risk communications, and financial performance including resource management.

Position Objective:

The objective of this role is to manage the day-to-day execution of the Risk Management Committees, inclusive of the Board Risk Management Committees, Group Risk Management Committee and the CBNA Risk Committee. The role involves working with stakeholders on the agenda for the Risk Management Committees and to deliver complete, accurate and timely information to senior management. These committees are responsible for overseeing the execution of the risk governance framework, for ensuring that the Citi and CBNA risk profiles remain consistent with approved risk appetite, including for aggregate and concentration risks, and for discussing top, growing, emerging and idiosyncratic risk issues facing the firm. The GRMC and CBNA RC committees focus on the quantitative risks such as credit, market (trading and nontrading), liquidity, and strategic risks and escalate/report into the Board RMCs.

Key Responsibilities:

  • Manage an integrated forward calendar for GRMC, CBNA RC, and Board RMCs, to help ensure coverage is comprehensive across all committees and aligned with committee charter and applicable regulatory requirements
  • Coordinate agendas, stakeholder communications, and material development supporting the GRMC, CBNA RC, and Board RMCs, working to improve alignment and coordination across all committees, demonstrating robust escalation and corporate governance processes
  • Manage and monitor governance responsibilities for the GRMC, CBNA RC, and Board RMCs, track coverage of top risks and oversee follow-up items
  • Interact and communicate with stakeholders to identify key topics of interest to bring to the GRMC, CBNA RC, and/or Board RMCs
  • Lead high priority strategic/regulatory ad hoc projects for the Risk Governance function across their lifecycle by identifying and structuring problems, analyzing root causes, developing solutions, communicating project results, and obtaining buy-in for change
  • Participate in maintaining and enhancing the team’s policy documents including Policies, Standards, Charters, Procedures and any supporting process documentation
  • Provide effective challenge to internal stakeholders on presentation materials submitted to ensure effective, appropriate and accurate communications
  • Engage with various subject matter experts (across all businesses) and members of the Risk Management Executive Council to ensure key risks are appropriately brought to the Executive Management committees
  • Produce clear and succinct presentations for the Risk Management Committees, as needed, in addition to other internal and external forums
  • Oversee the Risk Governance controls in line with expanded Manager Control Assessment expectations, which will require ongoing execution and monitoring
  • Coordinate the identification and adoption of new technology solutions to better execute on governance committees, in particular leading the requirement gathering efforts and engagement with Sourcing and other internal departments
  • Respond to requests related to Internal Audit (IA) activities, including IA coverage requirements tied to governance and reporting activities.
  • Support for regulatory validation activities tied to transformation or consent order requirements
  • Contribute to enhancements to risk specific subcommittee committee governance practices
  • Develop strong working relationships and effectively partner with key stakeholders and subject matter experts across the organization (business & functions) to accomplish goals
  • Help develop other team members to enhance risk governance skills

Development Value:

Position provides a unique vantage point to gain a firm-wide perspective across all businesses (e.g. Banking, Wealth, Markets, Retail, Services), geographies  and deeper understanding of the material risks across the firm (credit, market (trading and non-trading), liquidity, operational, compliance, reputation, and strategic). The role provides the opportunity to work closely with various stakeholders across the Risk organization, as well as other global functions including Finance Compliance, and Internal Audit.

Job Qualifications/ Skills

  • 6-10 years of experience in the Financial Services industry, preferably in a role that requires decision making, superior problem solving, analytical thinking / capabilities and excellent oral / written communication skills
  • Proactive, highly motivated with excellent planning, organizational, follow-up and time management
  • Attention to detail, ability to work under pressure and tight deadlines in a collaborative manner
  • Experience in committee management or corporate governance including understanding policy requirements, escalation protocols and associated control processes
  • Effective communicator including exceptional writing skills that creates effective, transparent presentations appropriate to the Board and Senior Executives
  • Proven ability to take decisions and influence, facilitate, and partner internally and externally
  • Working knowledge in the principles of credit, market, liquidity, strategic, operational and compliance, and / or reputational risks, including relevant risk management measures is preferable
  • Understanding of Citi’s businesses and products or prior experience evaluating similar businesses, products, and geographies
  • Project management skills would be a plus but not essential
  • Demonstrated ability to collaborate effectively with peers and more junior team members
  • Ability to quickly learn new concepts and pick up business knowledge
  • Undergraduate / Master’s degree(s) with an analytical focus (e.g. finance, economics, engineering, mathematics, etc.)

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Job Family Group:

Business Strategy, Management & Administration

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Job Family:

Strategy & Development

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Time Type:

Full time

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Primary Location:

Irving Texas United States

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Primary Location Full Time Salary Range:

$125,760.00 - $188,640.00


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:

Sep 13, 2024

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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.

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 Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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