SVP, Enterprise Concentration Risk Management, Citi

Citi

Location:
Canada, Mississauga

Category:
Banking

Contract Type:
Employment contract

Salary:

Not provided

Save Job

Apply Position

Job Description:

Enterprise Concentration Risk Management (ECRM) is an enterprise-wide risk management function that encompasses credit risk, market risk, liquidity risk, and operational risk. ECRM is part of the overall Enterprise Risk Management (ERM) Organization. The SVP Enterprise Concentration Risk Management – Analytics and New Initiatives is focused on supporting and enhancing the concentration risk framework at Citi. This critical role involves identifying, assessing, and mitigating risks across Citi while collaborating with senior leadership and business units.

Job Responsibility:

Conduct comprehensive risk assessments, considering both internal and external factors to identify material/emerging concentration risks, evaluate their potential impact, and recommend appropriate risk mitigation strategies across risk stripes
Lead robust review and challenge sessions with key stakeholders across Wholesale Credit Risk to enhance concentration related key risk indicators (KRIs) and monitor their exposure
Lead robust review and challenge sessions with key stakeholders to ensure concentration limits are appropriately calibrated
Prepare clear, concise, and compelling risk reports for senior management and the Board by synthesizing key concentration issues that impact Citi
Articulate complex risk issues in a way that resonates with diverse audiences
Ensure all monitoring and reporting procedures align with ECRM risk policies and work effectively with individual business risk policies as they pertain to ECRM

Requirements:

Strong background in Financial Risk Management
8-12 years of Risk Management experience at large banks with at least 4 years of hands-on experience in Enterprise Risk Management
Broad understanding of different risk stripes within ECRM framework, with solid expertise in Counterparty Credit Risk
Familiarity with Regulatory expectation around Concentration Risk will be extremely helpful
Strong analytical skills and the candidate should have the ability to link common risks across different risk areas
Bachelor's degree/University degree or equivalent experience

Nice to have:

Master's degree preferred
Certified Risk Professional (CRP), Financial Risk Manager (FRM), or similar certifications is desirable
Knowledge of regulatory requirements around management of Concentration Risks at large banks

What we offer:

Equal opportunity employment
Best-in-class benefits
Work-life balance

Additional Information:

Job Posted:
May 31, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

SVP, Enterprise Concentration Risk Management