Chief Financial Officer - Global Functions, Operations & Technology Job at Citi (New York)

Job Description

Reporting directly to Citi's Chief Financial Officer, this is a career-defining opportunity to serve as the strategic financial architect for Citi’s Global Functions division. We are seeking a visionary leader to co-pilot the business, transcending traditional finance to shape long-term strategy, drive transformational change, and unlock new vectors of growth. As the CFO of Global Functions, Operations & Technology, you will partner with the executive management team, acting as a trusted advisor to the Global Functions, Operations & Technology organization. You will be empowered to influence the strategic direction.

Job Responsibility

Serve as the lead financial architect and strategic co-pilot to the Functions Head, shaping long-term strategy and translating it into actionable financial plans that drive exceptional performance and achieve business objectives
Act as the primary financial counsel to senior leadership, guiding pivotal decisions related to target setting, investment prioritization, and resource allocation
Represent the financial integrity and strategic vision of the Global Functions, O&T units in high-stakes negotiations and presentations to internal and external stakeholders, including C-suite executives, the Board, and regulators
Champion a culture of innovation by leading the modernization of the finance function
Drive the strategic adoption of AI, automation, and advanced analytics to unlock predictive insights, enhance operational efficiency, and build a world-class, digitally-enabled finance organization
Lead and execute large-scale change initiatives, partnering closely with Technology and other Finance disciplines to re-engineer financial processes for greater agility, scalability, and insightful decision-making
Challenge the status quo and drive a forward-thinking agenda that anticipates the future of finance and its evolving role within Global Functions
Orchestrate a sophisticated expense management strategy that meticulously balances strategic investments supporting business growth initiatives with rigorous financial discipline to maximize profitability and shareholder return
Lead the financial narrative for the Corporate Other externally disclosed segment, overseeing robust forecasting, strategic planning, and insightful analytics that clearly illuminate performance drivers and guide strategic adjustments
Uphold and continuously enhance a robust control environment, ensuring the firm's reputation and financial integrity are safeguarded by embedding comprehensive risk assessment and compliance into the core of all business decisions
Lead, inspire, and develop a high-performing global team of senior finance professionals, setting a clear and ambitious strategic vision for their growth and success
Cultivate a world-class finance organization by actively attracting, retaining, and mentoring top talent, thereby building a robust pipeline of future leaders for the firm
Foster a culture of accountability, collaboration, and excellence, empowering the team to navigate complex financial challenges and consistently achieve ambitious organizational goals

Requirements

15+ years of progressive financial leadership experience within a global financial services organization, adept at managing complex relationships across matrixed organizations
Minimum 5 years of proven CFO or equivalent executive financial experience, serving as a strategic partner to executive-level business leaders
A visionary leader with a demonstrated ability to provide astute advice and innovative solutions on complex financial opportunities and risks to senior management
Extensive experience in leading large-scale digital transformation and change management initiatives within highly complex financial services environments
Deep expertise in financial stewardship, encompassing strategic planning, capital allocation, advanced financial analytics, and robust risk management frameworks
Exceptional executive presence and superior communication skills, with a proven ability to influence, negotiate, and build consensus among a diverse range of senior stakeholders, including C-suite executives and external partners
Proven ability to effectively lead, inspire, and develop large, diverse global teams of high-caliber professionals, fostering a collaborative and high-performance culture
Master's degree or equivalent advanced degree in Finance, Business Administration, or a related field is highly preferred

Chief Country Compliance Officer Sr Mgr

Oversees the Citi Compliance Risk Management Program for a medium to smaller fra...

Location

Bahamas , Nassau

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Credibility as a subject matter expert and experience of dealing with issues that have a high impact at all levels of the organization
Experience of working with key country level regulators and industry associations
Knowledge of local regulatory requirements and obligations and the ability to identify emerging compliance issues and themes
An ability to influence senior business leaders on all compliance risk-related matters affecting the business. The individual should have the ability to independently challenge, when needed, while at the same time being supportive and solution-based and not being perceived as obstructive
An ability to be “hands on” and “in the trenches” with the direct team, while also bringing a sense of strategic vision and a global sensibility to the function
Ability to navigate and negotiate through conflicting demands to maintain focus on priority objectives while ensuring key stakeholders’ needs are met
Strong team leadership, communication, interpersonal and management skills, with a track record of leading through change and the ability to effectively communicate the strategic vision to various stakeholder groups
Effective negotiation skills, a proactive and “no surprises” approach in communicating issues and strength in sustaining independent views. Strong presentation and relationship management and influencing skills are essential
The ability to thrive and execute in a complex, highly matrixed, global environment
Bachelor’s Degree highly preferred or relevant, equivalent experience. Preference for post graduate degree and/or recognized professional qualifications where applicable. Professional qualifications may include: CRMC or equivalent, CPA, ACA, CIA, CFA, ACAMS, etc. strong technical knowledge of compliance regulations and requirements, experience within a highly complex, global financial institution, regulator or related industry participant.

Job Responsibility

Annual Country Compliance Plan: Preparing, obtaining approval and successfully completing an annual compliance risk management plan, in accordance with the global template and content and presentation requirements, setting out how compliance risk will be managed within the jurisdiction and its constituent parts, and the role to be played by ICRM in order to achieve the plan. Identification of the jurisdictional requirements, accountabilities and the process ownership and monitoring and testing ownership, as well as the determination of suitable staffing, hours required and secured budget in order to achieve the state of compliance within risk appetite will be set out in the plan, which will be reviewed quarterly with the jurisdictional CCC and ICRM, as well as any applicable legal entity, as well as where required by applicable regulatory agencies. The annual country compliance plan must take into consideration the applicable compliance risk assessments and MCAs appropriate to the jurisdiction and its activities.
State of Compliance Reporting: Preparing quarterly, in accordance with the approved global format, and in adherence to all established requirements for the State of Compliance reporting. The State of Compliance report will be presented to the appropriate CCC, BRCC and legal entity Board or Board Audit Committee, or other such Board committee required within the jurisdiction.
Enhancing Governance: Providing a valued interactive program of support and compliance risk management services covering the assessment and reporting of Key Compliance Risks across products, services, functions, legal entities, service centers and the jurisdiction as a whole. Providing stakeholders with insight and practical solutions as well as credible challenge to improve the ethical control culture, and conduct risk environment. Timely reporting of significant local regulatory issues to local, overseas, regional, and global stakeholders. Same-day escalation of regulatory reports received. Maintaining on-going assessment and reporting of the State of Compliance through the relevant corporate governance committees such as country audit committee(s) and/or subsidiary board(s), country coordinating committee and business risk management committee, and other management body(ies). Key Activities Compliance Risk Culture:
Stakeholder Support and Relationships: Developing senior management relationships, including with legal entity management focus, inclusive of non-executive directors (where they exist in the jurisdiction), and the CCO as well as product functional and entity/service center line management. Informing senior management and directors of subsidiary boards, and the country/business management of significant compliance matters that require their attention or action. Proactively anticipate and help the business and functions plan for changes in the compliance and regulatory environment in the country. Provide support to compliance programs and country/business management on policy interpretation and “gray area” exposures. Build and maintain strong relationships with other functional leads, including Legal, Risk Management, including Operational Risk Management, and Internal Audit to create a supportive and seamless compliance and ethical control culture and an appropriate conduct risk environment. Key Activities Processes and Activities:
Regulatory Management and Coordination: Supporting the Citi Country Officer (CCO) in the management and development of regulatory relationships. Coordinating as the key interface with regulators on compliance risk management issues and supervisory exam management matters. Providing same day notification of regulator correspondence to Citi Compliance Officer, Regulatory Liaison and Exam Management CCO and ICRM COO. Providing leadership, coordination and regular interaction with the [insert country] authorities on behalf of ICRM and the Citi franchise. Record regulator correspondence and minutes of regulator meetings on Citi system in line with the Global Regulatory Exam Management Governance and Process Standards. Ensuring prompt recording of, responses to, and escalation of regulatory queries, notices of violations and breaches, any forbearance, and concerns identified. Deliver to regulators and supervisors a valued interactive program of support and assurance in accordance with requirements and appropriate expectations on compliance issues, trends, themes, root cases and impacts relating to governance, regulatory risk management and internal control issues. The overall objective is to earn the regulator’s trust and to establish a strong, independent and professional regulatory relationship across the franchise.
Regulatory Inventory: Ensuring prompt identification, logging in, evaluation and formulation of a plan to address requirements arising from new and amended laws, regulations, rules and other requirements and expectations from regulatory and enforcement authorities.
Regulatory Change Management and Controls: Ensuring that the regulatory change management requirements and processes, along with the regulatory control framework for existing requirements, are effectively operating within the country with respect to the identification, impact assessment and implementation of all applicable laws, regulations, rules and related processes, controls and reporting that impact Citi activities in the jurisdiction.
Anti-Money Laundering Compliance Risk Management (ACRM): Providing strategic direction, oversight, coordination and cooperation in respect of the country’s Anti-Money Laundering compliance risk management program. Partner closely and with the Head of ACRM to ensure a strong linkage between ICRM and ACRM.
Independent Compliance Risk Management (Program and Product/Service/Function focused*): Providing direction and oversight in supporting the ICRM teams in the country related to local requirements and the applicable extraterritorial laws, regulations, relevant Citi policies, standards, and global procedures. Deliver consistent application of program procedures and be accountable to program owners consistent with the ICRM methodology and CRM Framework. *Programs include but are not limited to: Sanctions
Anti Bribery

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Chief Financial Officer - Global Functions, Operations & Technology

Job Description

Job Responsibility

Requirements

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