Wholesale Lending Transformation - Director
New York, New York
Job Type: Hybrid
Job Req ID 24772387Overview
Citi is undergoing a Transformation to modernize and simplify the bank. We’re raising the bar and taking the opportunity to reevaluate the way we do business. This includes fostering a culture of curiosity and excellence and shifting our mindset to be simpler and data driven, making Citi an easier place to work and improving client experience. If you’re ready to be at the forefront of Transformation while taking your career to the next level, we invite you to come and join us!
Success Profile
As one of the world’s most global banks, Citi gives you the tools to make a difference. Through Transformation, we’re building the future of the bank and shaping the banking industry. Citi employs over 220,000 individuals located around the world, encompassing a broad range of teams, roles, cultures and backgrounds. Some of the skills that will make you successful in this role include:
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Cross-Functional Collaboration
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Credible Challenge
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Risk Management
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Data and Results Driven
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Accountable
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Adaptable
Responsibilities
Function background:
The Institutional Credit Management (ICM) team is a critical component of Citi’s First Line of Defense for wholesale lending and counterparty credit risk. It partners with businesses Citi-wide to ensure we have best-in-class risk and control capabilities. ICM also plays an important role in Citi’s Transformation efforts by helping to drive a Citi-wide focus on wholesale credit risk and processing risk management. Through ongoing investment in processes, controls, systems, and governance, ICM continues to further embed consistency and best practices across Citi, driving closer alignment between our business and regulatory goals. The Lending Transformation Program (LTP) is a key enterprise-wide initiative within ICM. The goal is to transform the end-to-end wholesale lending process which will consolidate key remediation efforts for Citi’s lending products and establish a consistent target operating model with a focus on improved processes, controls, and enhanced technology that will achieve best-in-class processing capabilities to support our client franchise.
ICM is looking for a Program Manager Principal to drive transformation across the ICM Transaction Management (TM) function. This individual should have strong wholesale lending experience, including an understanding of regulatory and audit standards and expectations.
Key Responsibilities:
- Head of TM Transformation for North America (NAM), and senior member of the global TM Transformation Team
- Deputies for the Head of TM Transformation, representing the team at various leadership forums.
- Oversee and priorities the global TM Transformation book of work.
- Provide leadership over project management execution, proactively addressing blockers and driving timely delivery.
- Deliver strategic planning partnering with stakeholders, ensuring appropriate syndication and approvals.
- Execute program / project implementation, particularly with emerging regulatory imperatives.
- Provide program / project status updates and reporting across the broader book of work.
- Partner with stakeholders to design and implement front-to-back robust and sustainable control frameworks.
- Evaluate regulatory requirements and maximize execution quality to adequately meet management and regulatory / Internal Audit (IA) expectations.
Qualifications and Competencies:
- 12 years+ of experience in Wholesale Lending and loans products knowledge required
- Experience In Business, Operations, Technology, Risk and Control or Transformation.
- Significant regulatory exposure, including regulatory reporting e.g. Shared National Credits (SNC), FRY14, 2052a etc.
- Delivered large scale transformation programs involving people, process and technology.
- Strong attention to detail and ability to distil complex ideas into clear and simple components.
- Executive presence and gravitas with senior stakeholders and ability to gain consensus across functions and geographies.
- Proactive, 'no surprises', approach in communicating issues/requests.
- Capable of prioritizing and multi-tasking in a dynamic environment.
- Strong problem solving and analytical skills.
- Excellent oral and written communications skills; Must be articulate and persuasive.
- Works well under pressure and to tight deadlines.
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Job Family Group:
Project and Program Management------------------------------------------------------
Job Family:
Program Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
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:
Sep 11, 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 Accessibility at Citi.
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