10 days old

SVP, Global Lead - Product and New Activities Governance Policies, Guidelines and Procedures

Fort Lauderdale, FL 33313
Product Governance Transformation Group (PGTG) works within the Chief Operating Office of Independent Risk Management and is responsible for the design and implementation of firm-wide frameworks and practices that are integral and fundamental to Product Risk Management within Citi. Product Risk Governance is a fast-growing area with increasing scope of responsibilities driving transformation and development in how the firm evaluates and assess new activities risk, new product/services approval risk, existing product/services risk and corresponding ongoing monitoring, managing, evaluating and mitigating of the various risk categories throughout the life cycle of these initiatives.

This is a unique opportunity to be part of an emerging and developing area of risk management. It is an opportunity to be part of a team developing new frameworks, policies and standards for the firm through collaboration with risk management senior leaders, global business executives and external consultants.

**Job Description:**

The **Product and New Activities** **Governance Policies, Guidelines and Procedures Global Lead** will create enterprise wide frameworks, policies, standards and processes to support a sustainable firm-wide evergreen product governance operating model. The end-state goal is to ensure the adoption and adherence to a firm-wide governance process underpinned by a defined, consistent, robust framework of inter-linked policies, guidelines and procedures (governance documents) across all lines of business. The Lead will develop the global firm-wide product/services/activities principles guiding the development of downstream governance documents that will be adopted and implemented on a firm-wide basis across all business lines within the Institutional Client Group and the Global Consumer Bank. The Lead would be required to ensure consistency of policy implementation and execution, lead the drafting of a governance and escalation model for Policy Exceptions, Breaches and Violations and corresponding escalation processes firm-wide. Policies/guidelines will cross both 1LOD and 2LOD functions.

The **Product and New Activities** **Governance Policies, Guidelines and Procedures Global Lead** must partner with senior business leaders, senior risk executives, senior leaders in the various control functions leaders, 2 line of defense risk managers and external consultants, to refine the firm-wide frameworks, to create firm-wide governance policies and business specific guidelines and operating procedures to be adopted and implemented in the Institutional Client Group (including Global Markets; Financing & Securitization; Securities Services; Treasury Services Solutions; Banking, Capital Markets and Advisory; Citi Commercial Bank; Citi Private Bank); Global Consumer Bank, Corporate Treasury. Strong collaboration, influencing and negotiation skills and stature are needed given the senior executive leaders with whom the individual in this role will be coordinating and influencing for acceptance and agreement of policy and guideline standards.

The **Product and New Activities** **Governance Policies, Guidelines and Procedures Global Lead** will drive the evolution of business specific polices and guidelines to ensure a comprehensive, transparent and rigorous governance framework; embed best practices; incorporate any regulatory and audit feedback and other industry changes due to the changing business environments that keep the ongoing monitoring of products and services inventory and risk ratings relevant, accessible, consistent within a firm-wide comprehensive repository.

The **Product and New Activities** **Governance Policies, Guidelines and Procedures Global Lead** reports into the Global Lead of Product Approval and Governance Framework.

**Key Responsibilities:**

+ Establish policies and guidelines for the firm-wide governance committees and forums to govern new products/services in a consistent, transparent, cohesive approach within the newly established holistic and comprehensive end-to-end product approval governance framework. Policies and guidelines include control processes through Committee/Forum peer reviews and on ongoing monitoring and upkeep of a firm-wide inventory repository and workflow tool. Ensure consistency across documentation, process memos and artifacts. Simplifying format and content wherever possible

+ Developing/revise firm-wide risk management policies to address outstanding issues from external regulators, internal & external auditors, and issues raised by internal risk management and business management. Create and manage to the completion of existing and new relevant CAPs (Corrective Action Plans). Ensure creation and management of artifacts to substantiate closure of CAPs and evidence for Internal Audit.

+ Develop project plans to manage the development and approval process for guidelines/policies and standards and prepare weekly reports to report progress to the PMO team for delivery. Document minutes of meetings and a prepare status reports and presentations.

+ Lead, organize and actively participate and contribute working groups developing and instituting new policies with high impact for significant business and cultural changes to institute and ensure sustainability of a comprehensive product/governance inventory operating model.

+ Lead, influence, negotiate and liaise with senior managers across Global Risk and ALL of the firm-wide businesses lines and corporate functions who are responsible for instituting the product/services documentation standards and guidelines for new/existing product programs.

+ Ensure strong ongoing engagement by the Business and Control Functions that participate in the product approval and governance process.

+ Provide subject matter expertise.

**Development Value:**

The position provides the opportunity to drive a strategically significant global control process for Citi with an active role in implementing across multiple business lines. The individual will have unparalleled organizational exposure, with visibility into product and service initiatives across Citi firm-wide with extensive interaction senior leaders within ICG and GCB Businesses Seniors, Risk Management, Control Functions and Legal Vehicle Management.


+ 12+ years relevant experience within financial services. **5- 7+ years in framework and policies design, writing and establishing policy operating frameworks for large, complex organizations, preferably within a financial service.**

+ Degree in journalism preferred, economics or business major.

+ Proven strong writing and editing skills. **Demonstrated experience drafting/writing/publishing complex concepts, ideas processes into simple to understand language** . Experience working in the print media, editing, drafting text a plus.

+ Demonstrated experience in drafting, editing and documenting complex structures **. Ability to synthesize complex concepts, translate into user friendly language and effectively present in text or slide format** . Editing/drafting experience in writing professional documents including process flows, technical flows, policy documents.

+ Evidence of policy experience in a banking and/or financial institution with **ability to lead documentation efforts independently** . Demonstrated experience defining, drafting governance frameworks, policies, guidelines and procedures within a large global and complex financial services organization.

+ Demonstrated excellent written and verbal communication skills and strong negotiation and influencing skills ensuring clarity, brevity and concise structure and organization.

+ Sound knowledge of relevant Citi or Banking Industry businesses and products and their risk profile and ability to apply this knowledge to specific situations. Knowledge of the relevant customer, industry and product range with an understanding of risk disciplines (e.g. market risk, credit risk, operational risk management, compliance, modelling, technology, strategic, etc.) a plus.

+ Experience working with multi-functional partners and internal stakeholders, regulators and auditors. Experience working within a global matrix financial organization.

+ Experience in project and product management ** having leadership in driving and/or delivering major global project and/or strategic initiatives successfully.**

+ **Strong organizational, administrative and execution skills to effectively operate in a large global company and the ability to multi-task effectively in a high-volume and complex environment with changing priorities with a practical solution-driven approach** .

+ Background in process re-engineering a plus.

+ Integrity, honesty, sound judgment, common sense, and attention to detail with ability to build strong working relationships, effective collaborative working groups and delivering within tight deadlines.


**Job Family Group:**

Risk Management


**Job Family:**

Risk Policy


**Time Type:**

Full time


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)


Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


Posted: 2022-05-13 Expires: 2022-06-12

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SVP, Global Lead - Product and New Activities Governance Policies, Guidelines and Procedures

Fort Lauderdale, FL 33313

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