Senior Vice President

4 weeks ago


Mumbai, India Citi Full time

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi , you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’s Risk Management organization oversees Citi’s risk governance framework and risk appetite, ensures all risks generated by the firm’s businesses are measured, reviewed, and monitored on an ongoing basis.

We’re currently looking for a high caliber professional to join our team as Senior Vice President, Project Manager Retail Risk - Hybrid. (Internal Job Title: Senior Vice President - C14) based in Bengaluru/Mumbai , India . Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

We empower our employees to manage their financial well-being and help them plan for the future.

Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

In this role, you’re expected to:

Risk Senior Project Manager will work as US Personal Banking Risk Leader who manages/partners with multiple teams to execute highly transformational, complex risk programs. The professional will work as a lead and along with the team will provide execution management and governance to 1st & 2nd LOD Risk teams executing against highly transformational, complex programs of work. 
This position will be responsible for driving the strategy and execution to ensure the goals & objectives of multiple initiative/ programs are successfully delivered. Selected individual will be aligned to multiple Initiative based on their area of expertise as identified through the interview process.

Senior Project Managers in the Risk Program Management organization are expected to have excellent proven track-record in managing multiple complex, multi-faceted initiatives with multiple stakeholders within a bank’s risk management organizations as well as strong partnership, collaboration, and creative problem-solving skills to achieve value-adding outcomes. Strong understanding of effective risk management practices as well as thought leadership on meeting regulatory requirements will also be expected of the Senior Project Manager.

Responsibilities:

Project manage and execute the Book of Work across US Personal Banking Risk and, in partnership with other Program Management leads, businesses and other functions, with best-in-class execution discipline. The SVP will partner closely with the USPB Credit Risk Work Stream Leaders and Portfolio Project Leaders to:

Collaborate with multiple Program Managers to action deliverables from reviews of each program’s defined scope, target state, and success criteria to ensure it fully addresses the letter and the spirit of the regulatory feedback, broader supervisory expectations and underlying issues and root causes, and is embedded in a broader strategic vision.

Lead the team to develop and execute the planning, directing and coordination of day-to-day activities of running the Initiative or portfolio of programs.

Manage, monitor & track execution of transformation programs including definition and timing of work streams, deliverables and other milestones against commitments, dependencies, and resource needs.

To help identify and escalate program constraints/risks/issues (e.g., lack of clarity on outcomes, ineffective program management, resource constraints, lack of stakeholder support etc.) impacting project delivery to appropriate stakeholders; ensure mitigation strategies are developed and executed when necessary.

Perform end-to-end review and challenge of program deliverables to confirm quality and adequacy of deliverables against program target state.

Continuously ensure that programs have clearly defined RASCI and engage all relevant Citi stakeholders with appropriate accountability.

Support facilitation, coordination, and arbitration of cross-functional macro level topics with key stakeholders (often including Senior Management)

Ensure consistent implementation and adherence of common PMO processes, procedures, methods, and standards for program delivery, reporting, and closure process across programs.

Support all aspects of the project reporting including RAG ratings, key performance indicators, status updates, adherence to dates and deliverables and quality of deliverables.

Strengthen capabilities while learning from internal / external best practices and contribute to continuously enhance Risk Management’s program management practices in collaboration with CAO Transformation Group

Development Value:

Experience of working in a Leading global financial services organization

Experience in working in Industry leading Enterprise-Wide Regulatory programs that enhance development of technical and analytical skills in addition to increased business knowledge.

Excellent professional development opportunities for internal and external professionals with an opportunity to interact and learn from program sponsors (very senior leadership)

As a successful candidate, you’d ideally have the following skills and exposure:

Qualifications:

16+ years of relevant experience, within the Financial Services industry or Big Four consulting required, during which minimum 5 years s/he applied formal project management methodologies to the successful planning, monitoring, and reporting of complex projects spanning geographies and organizations.

SME knowledge in Risk Management disciplines in a global bank environment (e.g., enterprise risk, credit risk, market risk, operational risk, risk identification, risk appetite, etc.)

Understanding of banking regulations and risk management supervisory expectations for global financial institutions and a strong business understanding of the products and services Citi offers ( CCAR/Stress Testing/Loss Forecasting model)

Understanding of the data (design, principles) and technology models and architecture

Good Understanding of Agile methodology

Ability to quickly come up to speed on multiple topics concurrently (e.g., risk frameworks, processes that are being remediated / transformed) to be able to understand program objectives and to oversee / contribute effectively to their execution.

Strong analytical and problem-solving skills, ability to quickly grasp new subject matter and apply an analytical mindset to think proactively and strategically, identify gaps and propose solutions.

Excellent Stakeholder Management – Well developed listening, influencing and collaboration skills and ability to engage senior managers, identify and influence decision makers, defuse conflict and work toward agreement.

Excellent interpersonal and communication skills to comfortably interact effectively with senior internal clients, project managers and cross functional stakeholders.

Well organized, self-motivated, and good attention to detail, ability to manage tight deadlines or unexpected requirement changes, take reasoned decisions under pressure and willingness to ask questions and challenge existing processes.

Education:

Masters or MBA in Finance, Economics, or other analytical discipline OR Chartered Accountant (CA) with strong relevant experience

Certifications like Financial Risk Manager (FRM) / Professional Risk Manager (PRM), Chartered Financial Analyst (CFA) and/or Project Management Professional (PMP) preferred.

Additional certification in Agile, Prince 2, Data Sciences will be an added advantage

Bachelor’s/University degree or equivalent experience, potentially Masters degree

Working Hours: 1:00 pm - 10:00 pm IST

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

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Job Family Group:

Project and Program Management

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Job Family:

Program Management

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Time Type:

Full time

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