Risk - UK CRO Office - Regulatory Risk Officer - VP

Citi ,
London, Greater London

Overview

Job Description

**Job Purpose:** The role is supporting the UK Chief Risk Officer (CRO) and team in the regulatory risk management of the CGML legal vehicle and supporting the UK CRO's Office in delivery of strategic and regulatory projects. **Job Background/context:** This role reports into a Director in the regional UK CRO's Office who reports into the UK CRO. The UK CRO is the Chief Risk Officer for Citigroup Global Markets Limited (CGML) and CBNA London Branch CRO. The UK CRO's team is responsible for managing regulatory requirements relating to CGML (Citi's major broker-dealer entity) for risk management. Additionally, as this role resides in the wider EMEA CRO's Office, the role can also involve supporting a variety of UK and EMEA strategic initiatives for other UK vehicles. **Key Responsibilities:** Responsibilities will primarily consist of supporting the UK CRO's Office in a number of areas relating to the in-depth interpretation of existing and forthcoming regulations: + Undertaking the in-depth review of existing and forthcoming regulations, in order to identify potential impacts for risk management and UK legal entities. + Representing the UK CRO's Office on internal project teams, set up to work through major regulation changes. + Undertaking project work in relation to enhancing or updating risk management frameworks to reflect regulation changes and developments. + Liaising with risk IT SMEs to identify system changes required to accommodate regulation changes and developments. + Overseeing the coordination of, and providing input into self-assessment exercises; + Assisting with the production of regulatory information requests, and assisting in management of information, dialogue and relationship with regulators. + Reviewing and interpreting regulations changes that impact major regulatory deliverables (e.g. ICAAP). + Coordinate Risk input and responses to regulatory consultation papers. + Providing assistance with the global Regulatory Inventory Mapping exercise with respect to UK legal entities. **Development Value:** This role will provide unique visibility, be cross-functional in nature and provide exposure to different businesses, products and risk types. The position involves a significant amount of interaction with Citi's subject matter experts and direct involvement in some of the most critical strategic projects for Citi in the UK. The candidate will gain a strong understanding of market, credit, operational and liquidity risk and how senior management manages those risks across the legal entities and the region. **Knowledge/Experience:** + Previous experience in a regulatory relevant role that required the in-depth interpretation of regulations, is preferred. + Working knowledge of the principles of market risk, counterparty credit risk, operational risk, and / or balance sheet / liquidity. + An understanding of Citi's business model and/or that of other financial institutions. Skills: + Exceptional writing skills, with the ability to synthesize complex regulatory concepts and translate into "user-friendly" language, and effectively present in long-form documents or slide format. + Numerate, with quantitative and spreadsheet skills, with the ability to analyse, interpret and present data in a readily digestible format using the latest charting/diagrammatic presentation techniques. Qualifications: + Undergraduate degree. Competencies: + Ability to quickly assimilate and analyse large amounts of information; + Excellent influencing, facilitation, and partnering skills, with an ability to build a strong internal network across functions and within risk management; + Strong attention to detail, willingness to "roll up sleeves"; tireless work ethic. Exceptional candidates who do not meet the above criteria may be considered for the role provided they have the necessary skills and experience. **Valuing Diversity:** The candidate should demonstrate an appreciation of a diverse workforce, should appreciate differences in style or perspective and use differences to add value to decisions or actions and organisational success. **Citi is an Equal Opportunities Employer** ----- Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - GB ----- Time Type : ----- Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity. 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 CLICK HERE at . To view the "EEO is the Law" poster CLICK HERE at . To view the EEO is the Law Supplement CLICK HERE at . To view the EEO Policy Statement CLICK HERE at . To view the Pay Transparency Posting CLICK HERE at . Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabi