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Vp new activity risk management lead analyst

https://www.citi.com/ Logo

Citi

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Location:
Canada , Mississauga

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

New Activity Risk Management is a part of the Enterprise Risk Management organization responsible for the design and implementation of firm-wide frameworks and practices that are integral and fundamental to Risk Management within Citi. The New Activity Approval Process is integral to Citi’s Risk Governance, providing robust diligence, review, and approvals for new or modified products, services, and capabilities, ensuring appropriate ongoing controls. The scope of the New Activity Policy is being expanded to cover review and approvals of expense management initiatives and large-scale organizational realignments and redesigns across all units of Citi.

Job Responsibility:

  • Participate in the evaluation of risk issues, and document meeting discussions and ensure that the issues raised during the New Activity Approval Process are duly addressed and resolved
  • Screen new activity proposals to make appropriate risk decision and ensure stakeholder understand their roles and responsibilities
  • Support Services, Banking and Functions New Activity Risk Managers throughout the review process including screening business proposals and making appropriate recommendations for review required, ensuring all process stakeholders understand their role, have all required information and system access and that all steps are completed correctly
  • Ensure that formal documentation is maintained, including conclusions, conditions, follow-ups, reports and metrics of New Activity Approval Process proceedings and decisions
  • Provide reports and analysis from the global database to meet business, regulatory and audit requirements
  • Collaborate and assist in reviewing global initiatives that could impact their particular geography / time-zone
  • Organize New Activity Risk Management tasks, including scheduling Kick-off meetings, proposal reviews, and monitoring follow-ups and conditions for completion
  • Assist the Services, Banking and Functions sub-Committees Chairs by preparing approval meetings and working collaboratively with committee stakeholders
  • Review materials prepared for submission to the Services & Banking Committees and ensuring completeness as per the policy and procedure
  • Prepare and document meetings between the Services, Banking and Functions New Activity Risk Managers and the Products Heads or Business Sponsors

Requirements:

  • Understanding of different risk types, e.g., market risk, credit risk, operational risk, liquidity risk, franchise risk, legal risk, reputational risk, and regulatory risk
  • Experience in the Financial Services industry
  • Product knowledge over a broad set of asset classes, expense initiatives and operating model changes
  • Familiarity with Citi’s businesses, products, operations and risk management
  • Excellent organizational, communication, and interpersonal abilities
  • Capability to manage multiple priorities in complex environment
  • Strong teamwork and independent problem-solving skills
  • Proficient in usage of software applications, data management and report preparation
  • Ability to build strong internal and external networks
  • Bachelor’s/University degree or equivalent experience
What we offer:
  • A chance to develop in a highly innovative environment where you can use the newest technologies in a top-quality organizational culture
  • Professional development in a truly global environment
  • Inclusive and friendly corporate culture where gender diversity and equality is widely recognized
  • A supportive workplace for professionals returning to the office from childcare leave
  • An enjoyable and challenging learning path, which leads to a deep understanding of Citi’s products and services

Additional Information:

Job Posted:
April 25, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:

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