Finance CRO Legal Entity Risk Manager - Johannesburg - Citigroup Inc.

    Citigroup Inc.
    Citigroup Inc. Johannesburg

    1 day ago

    Default job background
    Accounting / Finance
    Description

    We're currently looking for a high-caliber professional to join our team as Senior Vice President, Finance Senior Risk Officer I - C14 based 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 an optimization of the use of resources.

    Key Responsibilities

    • 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 of Risk assessment and 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 represents 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.

    About You

    • Degree in Finance/Quantitative discipline. Postgraduate degree in a quantitative or financial discipline would be preferred.
    • 10+ years relevant experience within risk management, treasury, or support functions with exposure to balance sheet, financial products, financial/risk analysis.
    • Prior work experience in the material entities and or regional markets.
    • Expert knowledge of treasury, market risk, liquidity management, and derivative products.
    • Subject Matter Expert in asset-liability management, financial instruments, risk metrics and Risk Management.
    • Ability to interact with auditors / regulators and understanding of applicable best practice guidelines and regulations. Up-to-date working knowledge of regulatory requirements and change, specifically those from Basel and local regulatory authorities (desirable).
    • Expert analytical, technical, and quantitative skills.
    • Ability to influence and lead people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse businesses.
    • Business acumen to interact with partners in Risk, Treasury, Markets, and other support Functions.
    • Articulate and effective communicator, both orally and in writing, with an energetic, charismatic, and approachable style. Candidates must have effective persuasion skills, the ability to work effectively at the highest levels of the organization, and will display highly effective networking and influencing skill.
    • Highly developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
    • Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL.
    • Project management skills.
    • Ability to work in groups and flexibility in addressing several tasks simultaneously, to negotiate and resolve conflicts with proven ability to drive changes.
    • Self-driven and finds it natural to take initiative and set agenda.
    • Strong tenacity and resilience.
    • Highly motivated, attention to detail and organized.
    • Business level English proficiency.

    Requirements

    • 10+ years relevant experience.

    Education

    • Bachelor's/University degree, Master's degree preferred.

    Job Details

    • Job Family Group: Risk Management
    • Job Family: Treasury Risk
    • Time Type: Full time

  • FNB South Africa

    Risk Manager

    21 hours ago


    FNB South Africa Johannesburg

    Job Title: Risk Manager · A challenging role for a skilled Risk Manager has become available at {company}, based in Gauteng, Johannesburg. · Key Responsibilities: · Provide guidance and assist with requirements on changed or new risk tools · Oversee the effective use of risk tool ...

  • Rand Merchant Bank

    Risk Manager

    5 days ago


    Rand Merchant Bank Johannesburg

    Job Title: Risk Manager · A risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact the organization. This includes implementing risk management frameworks, conducting regular risk assessments, and developing strategies to minimize ...


  • NedBank Johannesburg

    Senior Manager Risk Job Description · To ensure that the Group Risk Framework is embedded, operationalised and implemented, and advise business on strategic direction in order to meet business objectives, mitigate risks and meet regulatory requirements. · Key Responsibilities: · ...


  • Nedbank Johannesburg

    Job Summary · The successful candidate will ensure the Group Risk Framework is embedded, operationalized, and implemented. They will also advise business on strategic direction to meet business objectives, mitigate risks, and comply with regulatory requirements. · Key Responsibil ...


  • Fempower Johannesburg

    Job Description: · The ERM Professional oversees the organisation's risk management, ensuring that risk profiles align with the organisation's risk tolerance. Working closely with the principal, this role involves strategising, developing and implementing processes to identify, a ...


  • Astral Operations Ltd Johannesburg

    Key Responsibilities · Maintaining Risk Control/Occupational Health/Bio Security requirements and standards as per relevant legislation and Astral Standard Operating Practices. · Job Description · The ideal candidate will be responsible for: · Overall risk management for the Fest ...


  • Standard Bank of South Africa Limited Johannesburg

    Key Responsibilities: · To oversee and ensure the business is compliant with all relevant regulatory legislation and operates within the Standard Bank Group's Non-Financial Risk framework. · The role will work closely with Key Individuals, Chief Operating Officer, Business Compli ...


  • Network Recruitment Johannesburg

    Group Risk Management Specialist: Data Analytics · Apply Agile project methodology to solve complex business problems by analyzing and interpreting key business and operational data to validate or challenge hypotheses. · Collaborate in a team to perform hypothesis testing, conduc ...


  • Pro Personnel Johannesburg

    Project Risk Management Specialist · We are seeking an experienced professional to join our team in project risk management engagements. · Key Responsibilities · Conduct quantitative and qualitative risk assessments using advanced tools and methodologies, including Monte Carlo si ...


  • ASC Human Capital Consulting Johannesburg

    Accounts and Risk Floor Manager · This role is responsible for monitoring, reporting on, and managing all departments and their issues that make up the Accounts, FICA, Risk, and Payments Floor. · Key Responsibilities: · Self Management: · Provide leadership to team members throug ...


  • Network Recruitment Johannesburg South

    Group Risk Management Specialist: Data Analytics · The role of Group Risk Management Specialist: Data Analytics involves applying Agile project methodology to solve complex business problems by analyzing and interpreting key business and operational data. This analysis is used to ...


  • FNZ Johannesburg

    Job Title: Operational Risk & Control Manager · Job Summary: · The Operational Risk & Control Manager is required to lead the application and development of the Risk Event process, act as the primary escalation in respect of all FNZ clients for Operational Risk matters in additio ...


  • pinpoint one human resources Johannesburg

    **Job Overview** · The primary objective of this role is to provide support, development, and monitoring of the Credit Risk Management Framework. This framework encompasses credit policies, portfolio monitoring, and reporting to ensure that credit exposures remain within approved ...


  • Visa Inc. Johannesburg

    Ecosystem Risk Management Specialist · Maintain a high level of awareness about the country and regional business environment, payment systems, and other risks to clients operating in each market. Stay informed about past and present tactics used to mitigate these risks. Serve as ...


  • Standard Bank of South Africa Limited Johannesburg

    Job Title: Manager Engineering, Governance, Risk and Control · Job Overview: · We are seeking a seasoned professional to provide assurance, insights, and recommendations on technology risk management and adherence to minimum technology standards. · This role involves implementing ...


  • FNZ (UK) Ltd Johannesburg

    1st Line Risk Oversight Manager · Job Title: 1st Line Risk Oversight Manager · Apply locations Johannesburg, South Africa time type Full time posted on job requisition id REQ-11871 · Key Responsibilities · The 1st Line Risk Oversight Manager is required to lead the application ...


  • Standard Bank of South Africa Limited Johannesburg

    Role Overview: · The successful candidate will be responsible for providing comprehensive financial management services across various areas of the bank. · This includes leading teams and developing processes, systems, and controls within the finance department to ensure operatio ...


  • Standard Bank of South Africa Limited Johannesburg

    Business Segment: Personal & Private Banking · Location: Johannesburg, South Africa · Job Overview: To provide full financial management services to various areas in the bank through engagement and team leadership. Develop and implement processes systems and controls in the finan ...


  • Profession Hub Sandton

    Job Description: Risk & Compliance Manager · We are seeking a highly skilled Risk & Compliance Manager to support our overall business strategy by managing the risk and compliance frameworks and programmes. · Main Purpose of Role · The main purpose of this role is to: · Develop a ...


  • Nedbank Head Office Sandton

    Job Purpose · To ensure that the Group Risk Framework is embedded; operationalised and implemented, and advise business on strategic direction in order to meet business objectives; mitigate risks and meet regulatory requirements. · Job Responsibilities · Contribute to a culture c ...

Jobs
>
Johannesburg