Overview
Finance CRO Legal Entity Risk Manager Jobs in Johannesburg, South Africa at Citi
We’re currently looking for a high caliber professional tojoin our teamasSenior Vice President, Finance Senior Risk Officer I – C14based in Johannesburg, South Africa.
As part of Finance CRO management global team, this role will help to ensure a sound and robust second line of defense oversight, a consistent implementation of policies in the legal entities in South Africa with possible expansion to other entities in Sub-Saharan Africa, and anoptimizationof the use of resources.
In this role, you’re expected to:
Oversee the design, development, delivery and maintenance of best-in-class Risk Management programs, policies and practices and sets strategic direction with focus on Liquidity Risk, Interest Rate Risk (IRRBB), Investments and Capital Risk to ensure adherence to Citi’s policies and regulatory requirements.
Work with Middle East and Africa Cluster Head as well as other Finance CRO clusters, global risk teams and seniors to ensure best in class risk activities.
Front senior regulators on key legal entity related asset-liability management matters to ensure responsible risk taking in line with internal risk appetite standards and prudential requirements.
Liaise with the global and specialist teams to facilitate consistency, standardization and completeness of controls and challenges of identification so that all processes and their controls are supported by the required documentation and evidence (including credible and effective challenges).
Provide oversight and guidance over the assessment of broad complex issues, structures potential solutions and drives effective resolution with other senior stakeholders.
Drive Global Risk projects to improve accuracy ofRisk assessmentand implementing these across the country/entity/cluster or region.
Review and approve local risk framework, as well as monitor compliance with risk limits/triggers. Interact with other key risk seniors across the clusters and globe (Market Risk, Credit Risk, Operational Risk) and relevant Finance and Reporting teams to improve accuracy of regulatory and management reporting.
Establish professional relationships with relevant regulatory bodies and represent Citi on critical regulatory matters as required.
Serve as liaison with regulatory examiners, Internal Audit, and external auditors on critical Risk issues and oversees the implementation of related remediation.
Conduct analysis and provide challenge and oversight for Risk Appetite Statements, Stress Testing and other ad-hoc regulatory or legal entity governance projects drawing in appropriate resources as required.
Oversee and drive compliance with local regulatory requirements including Supervisory Outlier Test for EVS and liquidity regulatory ratios.
Escalate any issues with appropriate suggested mitigations.
Participate in new product approval reviews to ensure novel offerings, business launches, and complex products are in line with standards outlined in Citi’s risk policies.
Participate with voting rights in senior governance forums.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
As a successful candidat…
Title: Finance CRO Legal Entity Risk Manager
Company: Citi
Location: Johannesburg, South Africa
Category: Finance & Banking, Management
