Risk Regulatory Engagement - Senior Officer - SVP
New York, NY 
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Posted 16 days ago
Job Description

The objective of this role is to drive the execution of regulatory engagements across Independent Risk Management, to ensure the organization is responsive, agile and well-prepared for unique and demanding regulatory requests. The position will require significant project management and stakeholder engagement to ensure that regulatory engagements are thoughtful, comprehensive and culminate in consistent messaging. In addition, there is opportunity to provide senior management with emerging regulatory themes and provide proactive support for upcoming interactions. This role support regulatory engagements for the Finance CRO, the USPB CRO and Wealth CRO covering risk topics including Liquidity Risk, Interest Rate Risk, Retail Credit Risk, and Commercial Credit Risk.

Key Responsibilities:

  • Manage complex regulatory exams that require significant program management across risk teams, with a focus on ensuring regulatory expectations are addressed on a holistic and consistent basis.
  • Establish effective working relationships and partner with key stakeholders and subject matter experts across relevant risk segments to ensure a more integrated approach to regulatory relations.
  • Support proactive communication strategies with regulators and provide advice to senior management on the best approach to regulatory interactions with guidance on best in class presentations, materials and other submissions provided to regulators.
  • Synthesize regulatory feedback and key thematic findings to senior management, the CRO and key stakeholders to drive awareness of and help anticipate regulatory concerns.
  • Review and provide quality assurance of risk management deliverables submitted to regulators.
  • Support and advise more junior Regulatory Coordinators in the execution of administrative requirements for regulatory exams and interactions.
  • Assist in high priority regulatory ad hoc projects across their lifecycle by identifying and structuring problems, analyzing root causes, developing solutions, communicating project results, and obtaining buy-in for change

Team Overview:

The Risk Regulatory Engagement team ensures the Independent Risk organization maintains a strong and productive engagement model with critical regulators, including the Federal Reserve, OCC and FDIC. The team proactively manages the execution of regulatory engagements on behalf of the Independent Risk organization, which includes exams, ongoing supervisory meetings and requests as well as responses to supervisory letters. The team partners closely with subject matter experts within the Risk Stripes to:

  • Oversee and coordinate regulatory examinations to ensure the Independent Risk teams are organized and proactively addressing regulatory requests and concerns;
  • Manage ongoing supervisory regulatory interactions, including meetings and information requests, to strengthen regulatory relations;
  • Produce thematic summaries to Senior Management on regulatory interactions and developments to provide insight and advice;
  • Conduct exam readiness assessments to ensure the organization proactively self-identifies issues and documentation is ready for submission;
  • Support the development of appropriate and comprehensive responses and remediation plans when regulatory issues and concerns are identified; and
  • Work closely with partners in other Businesses and Functions, to ensure consistent and clear communications to regulators.

Development Value:

The position provides the opportunity to work closely with stakeholders across a number of risk disciplines. The position requires working closely with the senior management across risk segments to provide guidance, leadership and support during critical regulatory exams and interactions to ensure well-managed, productive and insightful communications. The position also provides opportunity to support the development of the new regulatory affairs model across the broader risk management team.

Qualifications:

  • 10+ years of experience in the Financial Services industry, preferably in a regulatory-facing role that requires superior problem solving and excellent oral/written communication skills
  • In-depth understanding of risk management disciplines with experience in Liquidity, Interest Rate Risk and Retail Credit
  • Solid understanding of Regulatory Interactions with a background in exam management/coordination, management of regulatory meetings and information requests, in addition to experience with preparation of formal written responses
  • Experience working at a banking regulatory agency, such as the Federal Reserve, OCC, and FDIC, and working knowledge / familiarity with these regulators a plus
  • Excellent influencing, facilitation, and partnering skills. Ability to build strong internal and external networks
  • Exceptional writing skills, with ability to synthesize complex concepts and translate into effective presentations to external regulators and Senior Executives
  • Autonomous and highly motivated with the ability to multi-task productively and to work independently as well as collaboratively
  • Strong attention to detail, willingness to "roll up sleeves"; ability to work under pressure and tireless work ethic
  • Experienced in project management with excellent organizational, follow-up and time management skills

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Job Family Group:

Risk Management

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Job Family:

Regulatory Risk

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$176,720.00 - $265,080.00


In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Apr 18, 2024

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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 review .

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
176720.00 per Annual
Required Experience
10+ years
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