Citi

Product Risk and Control Director

Citi

Atlanta, GA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Citi, a global financial services company dedicated to providing our clients with innovative and secure products. We are looking for a talented and experienced Product Risk and Control Director to join our team and lead the way in ensuring the safety and compliance of our products. As a key member of our risk management team, you will play a critical role in identifying and mitigating potential risks, while also driving a culture of control and accountability. If you have a strong background in risk management and a passion for driving business success through effective risk management strategies, we want to hear from you. Join us in shaping the future of financial services and making a positive impact on our clients' lives.

  1. Develop and implement risk management policies and procedures for all products within Citi.
  2. Collaborate with various departments and stakeholders to identify potential risks and assess their impact on the company and its clients.
  3. Conduct regular risk assessments and ensure that all products are compliant with regulatory requirements and industry standards.
  4. Monitor and evaluate product performance and identify areas for improvement in terms of risk management.
  5. Lead a team of risk analysts and provide guidance and support in their day-to-day activities.
  6. Develop and deliver training programs to ensure all employees are knowledgeable about risk management and control measures.
  7. Stay up-to-date with industry trends and regulatory changes to ensure Citi's risk management strategies are in line with best practices.
  8. Communicate risk management strategies and recommendations to senior management and other relevant stakeholders.
  9. Collaborate with the legal team to ensure all product contracts and agreements are compliant with regulatory requirements and risk management standards.
  10. Participate in audits and reviews to ensure all risk management processes and controls are effective and efficient.
  11. Foster a culture of control and accountability within the organization by promoting risk awareness and responsibility across all levels.
  12. Develop and maintain relationships with external partners and vendors to ensure all products and services meet Citi's risk management standards.
  13. Proactively identify and address potential risk areas and escalate to senior management when necessary.
  14. Continuously monitor and evaluate the effectiveness of risk management strategies and make recommendations for improvements as needed.
  15. Act as a subject matter expert on risk management and provide guidance and support to other teams within the organization.
Where is this job?
This job is located at Atlanta, GA, USA
Job Qualifications
  • In-Depth Understanding Of Financial Products: The Product Risk And Control Director Should Possess Extensive Knowledge Of Various Financial Products Such As Equities, Fixed Income Securities, Derivatives, And Alternative Investments. This Knowledge Is Crucial In Identifying Potential Risks Associated With Different Products And Implementing Effective Control Measures.

  • Risk Management Expertise: The Ideal Candidate Should Have A Strong Background In Risk Management And Be Familiar With Industry Best Practices. This Includes Experience In Developing Risk Frameworks, Conducting Risk Assessments, And Implementing Risk Mitigation Strategies.

  • Regulatory Compliance Knowledge: As A Financial Institution, Citi Is Subject To Various Regulations And Compliance Requirements. The Product Risk And Control Director Must Have A Thorough Understanding Of These Regulations And Be Able To Ensure That All Products And Processes Are In Compliance.

  • Strong Analytical Skills: This Role Requires The Ability To Analyze Large Amounts Of Data To Identify Trends And Potential Risks. The Candidate Should Be Proficient In Using Data Analysis Tools And Have The Ability To Interpret Complex Financial Data.

  • Leadership And Communication Skills: As A Director, The Candidate Should Have Strong Leadership Skills And Be Able To Effectively Manage A Team. They Should Also Possess Excellent Communication Skills To Collaborate With Various Stakeholders, Including Senior Management, Risk Committees, And Regulators.

Required Skills
  • Risk Management

  • Financial Analysis

  • Product Development

  • Project Management

  • Data Analysis

  • Team Leadership

  • Compliance monitoring

  • Regulatory Knowledge

  • Operational Efficiency

  • Problem

  • Stakeholder Communication

  • Control Oversight

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Organization

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Product Risk and Control Director in Atlanta, GA, USA is $137,730 - $200,000 per year. However, this can vary depending on factors such as the size and industry of the company, the individual's experience and qualifications, and the specific responsibilities of the role.

Additional Information
Citi is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 21st, 2024
Apply BeforeMay 10th, 2026
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About Citi

Citigroup, Inc. is a global financial services holding company specializes in banking and financial solutions. It offers a range of products and services among individuals, corporations, governments and institutions such as savings, checking, online banking, individual retirements accounts, credit cards; personal, student, and commercial real estate loans, cash management services, home equity, and bill consolidation, as well as online banking services, cash management, transactions, trade, securities, and fund services.

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