Job Information
Citigroup Business Risk Officer in New York, New York
The Business Risk Officer / Supervisory Principal is a strategic professional who stays abreast of developments within own field and contributes to directional supervisory oversight of their business/region or scope of jurisdiction. Recognized technical and supervisory authority over multiple areas within the business and complex investments. While the role may require a unique level of subject matter expertise, multiple people within the unit may provide similar levels of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular, colleagues and partners in other areas. Significant impact on the area through complex analysis, assessment and evaluation. Provides advice and counsel related to the Risk and Control framework and supervisory oversight of the business.
Responsibilities:
Correspondence reviews
Assist in the resolution of investment-related complaints
Responsible for review of escalated surveillance issues.
Review and approval of Marketing Material (if applicable)
Review and approval of Outside Investments and Activities (if applicable)
Monitor Licensing and Registration requirements
Post-trade blotter reviews
Management of trade errors and corrections
Manage and maintain OSJ (Office of Supervisory Jurisdiction) files
Review and approval of new brokerage and managed accounts
Review and dispositioning of designated suitability alerts and breaks within policy guidelines
Review and approve client suitability profiles (if applicable)
Partner with Regional Supervisory Principal and Regional Supervisory Head and team on the resolution of escalated supervisory issues
Review and pre-trade approval of designated bank-channel and broker-dealer investments
Interface, consult with and escalate to Senior Management and partners including, but not limited to, Compliance, Legal, AML, Regional Business Risk, Regional COO and Sales Management
Assist with ad-hoc projects and/or workflow UAT testing as assigned by Manager
Assist with coaching and training Registered Representatives when applicable
Conduct periodic mandatory supervisory meetings
Assist with audits, examinations, testing and regulatory inquiries when applicable
Qualifications:
Relevant 6-10 years of supervisory experience in the financial industry; compliance or other risk management experience helpful
FINRA Series 7, 66 (or 63 and 65), 24 (and/or 9/10) and 31; Series 3 or 4 a plus
Willingness to obtain any missing licenses within 120 days of hire
Knowledge of Bank and Broker-Dealer businesses
Strong knowledge and experience in complex investment products such as Alternatives, Structured Products and Derivatives)
Ability to multi-task, assess and balance diverse priorities
Strong networking, influencing and negotiating skills
Strong analytical skills
Excellent written and verbal communication skills
Strong organizational and time management skills
Excellent interpersonal and diplomacy skills
Ability to work independently, execute on agreed upon timelines and work under pressure
Experience in internal/external audit management preferred
Strong problem-solving skills
Ability to see the big picture with high attention to critical details
Demonstrated ability to contribute to/participate in process improvement initiatives
Proficiency in MS Office (primarily Excel), Pershing NetX360, Actimize Surveillance, Salesforce and other related business applications preferred
Education:
- Bachelors/University Degree or equivalent experience
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$129,840.00 - $194,760.00
In addition to salary, Citi’s 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.
Anticipated Posting Close Date:
May 08, 2024
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 Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.