Director - Capital & Risk-Weighted Assets (RWA) Oversight; Risk Management (Hybrid)

We live in an increasingly complex world.  Companies these days are either born global or are going global at record speed.  Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives.  Citi is a bank that’s uniquely positioned for this moment.  Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot.

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Citibank serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey.  Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services and digital capabilities to clients across the full spectrum of consumer banking needs worldwide.

We’re currently looking for a high caliber professional to join our team as Director - Capital & Risk-Weighted Assets (RWA) Oversight; Risk Management (Hybrid)(Internal Job Title: Regulatory Risk Sr Grp Manager - C15) based in Mumbai, India.  Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

• We empower our employees to manage their financial well-being and help them plan for the future.

• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses

The Capital and Risk-Weighted Assets (RWA) Actuals Review Team (“CRRT”) is a function established within the second line of defense Finance Chief Risk Office (CRO) organization, whose mandate is to provide independent testing and monitoring of the end-to-end spot capital and leverage ratio calculation and reporting production process, GSIB calculation and reporting, including Independent Verification of Advanced Systems under U.S. Basel rules for Citigroup, Inc. and Citibank, N.A.

CRRT is a global team with dedicated teams in New York City, New York, Irving, Texas and Mumbai, India. The team members in each location work together across different review areas through the course of the year.

The Director will play an integral part in developing and implementing a comprehensive second line of defense oversight of capital and RWA actuals production process consistent with Citi’s ongoing transformation efforts and other strategic priorities. The Director will lead the Mumbai team, and report into Head of CRRT.

The Director will partner extensively with other members of CRRT, Capital Controllers Group (CCG), Finance CRO organization, Global Regulatory Reporting and other teams. The role will provide significant exposure to senior management in Risk, Finance and Internal Audit.

In this role, you’re expected to:Reporting Structure and Responsibilities

• Leading reviews within the Capital and RWA Actuals Review Team, including driving the review planning and scoping, executing testing and leading the team responsible for the review.

• Ensuring the accuracy and reliability of reported RWA actuals, and the adequacy of compensating measures.

• Communicating proactively testing progress and exceptions with key stakeholders and Capital and RWA Actuals Review Team management.

• Delivering and supporting the implementation of changes necessary to enhance the second line of defense oversight of Citi’s RWA production process in connection with Citi’s ongoing transformation efforts and to satisfy evolving regulatory developments.

• Supporting the Capital and RWA Actuals Review Team management in communicating to senior management and the banking regulators the actions planned and the improvements achieved in the RWA actuals production process .

• Developing a strong working relationship with CCG process owners, including the Quality Assurance team and other key stakeholders across the end-to-end capital and RWA production processes.

As a successful candidate, you’d ideally have the following skills and exposure:

• Excellent leadership and managerial skills, including the ability to lead a team to perform comprehensive reviews.

• Strong communication skills, including well-developed verbal, written and presentation skills. 

• Strong analytical skills and ability to review and comprehend large sets of data.

• Strong attention to detail with proven ability to explain complex concepts in simple terms across multiple levels of management and stakeholders.

• Previous experience in Basel Regulatory Capital Controllers, Regulatory Capital Reporting (e.g., FFIEC 101, FR Y-9C etc.)  or Basel Regulator Capital Audit functions is preferred.

• Understanding of Basel RWA regulations is a must.

• Extensive years of proven experience in the financial services industry with considerable years of experience in a comparable role.

• Strong audit instincts and ability to apply independent judgment to business practices, with a proven ability and willingness to challenge the status quo.

• A self-starter with ability to independently manage work and drive multiple deliverables concurrently.

• An undergraduate degree is required

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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