The Credit Portfolio Group Manager is a senior management-level position responsible for accomplishing results through the management of a team or department to monitor the Citi portfolio and identify credit migration in coordination with the Risk Management team. The overall objective of this role is to lead the management of Citi's portfolio exposure to client and counterparties globally.
Responsibilities:
Qualifications:
Education:
This role is part of the firm-wide initiative to map Citi's global regulatory inventory to controls across the firm.Most specifically, the mapping of independent Risk-owned controls to independent Risk Management's Managers Control Assessment process.Additionally, the role will identify critical gaps in compliance in order to prioritize independent Risk specific remediation efforts and demonstrate regulatory compliance.
As part of this function, the Risk Regulatory Controls Coordinator will serve as the independent Risk Segment key coordinator to ensure that regulatory mapping to independent Risk-owned controls is accurate, maintained and appropriate as required per the Regulatory Inventory Mapping firm-wide initiative. The individual will have a keen understanding of the independent Risk Segment they support and the relevant activity and controls executed by the specific independent Risk Segment. They will develop a keen understanding of the regulations impacting the Risk Segment they support. Furthermore, they will be experts in the independent Risk area's Managers Controls Assessment process in order to ensure mapping is accurate and maintained during critical change management events. Those events will include, but not be limited to:
1. Changes in Regulations/ New Regulations
2. Changes in Activities and Controls executed by the independent Risk management segment
3. Changes in Management Structure
The individual will be responsible for partnering with independent Risk Management staff to affirm proposed mapping, challenge ICRM led Assessment Unit mapping and act as a Subject Matter Expert in articulating, to internal and external stakeholder, the coverage areas of the independent Risk Segment they support.
The inidividual will partner with the Risk Governance: Risk Controls and Issue Management Team to relay feedback from Risk SMEs and to assist in the Risk-wide execution of the Regulatory Inventory Mapping program and ongoing sustainbility of the iniative inclusive of the change management triggers as noted above. Furthermore, the individual will partner within their Risk Segment coverage area to priorititize remediation efforts and communicate with the Risk Governance: Risk Controls and Issue Management team to ensure issues are appropriately raised and remediated. Furthermore, the inidividual will engage in internal and external review processes that inquire on regulatory inventory mapping to help represent their Risk Segment support area in conjunction with the Risk Assessment Unit owner, who is ultimately accountable for the regulatory applicability mapping.
The (Insert Risk Segment name) is seeking a Risk Regulatory Controls Coordinator to:
- Partner with the Risk Governance: Global Risk Controls and Issue Management to execute the firm-wide Regulatory Inventory Mapping program.
- Partner with Risk Segment SMEs and direct project support resources to ensure efficient mapping of Regulatory Inventory to minimize the impact to Risk SMEs' business as usual activities
- Coordinate with peer Risk Regulatory Controls Coordinators to ensure consistency in execution intra-Risk Segment and across Risk Segments
- Interface with Independent Compliance Risk Management (ICRM), consultants and Business/ Functional equivalents to execute the program and improve the ongoing maintence of the mapping
- Utlize management reporting, to interpret Risk Segment regulatory compliance and determine areas in need of remediation or improved compliance risk management focus.
Job ID: 62726
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