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Lending Transformation - Director
Citi New York, NY
Apply
$130k-173k (estimate)
Other | Banking 2 Months Ago
Save

Citi is Hiring a Lending Transformation - Director Near New York, NY

Function background:

The Institutional Credit Management (ICM) team is a critical component of Citi’s First Line of Defense for wholesale lending and counterparty credit risk. It partners with businesses Citi-wide to ensure we have best-in-class risk and control capabilities. ICM also plays an important role in Citi’s Transformation efforts by helping to drive a Citi-wide focus on wholesale credit risk and processing risk management. Through ongoing investment in processes, controls, systems, and governance, ICM continues to further embed consistency and best practices across Citi, driving closer alignment between our business and regulatory goals. The Lending Transformation Program (LTP) is a key enterprise-wide initiative within ICM. The goal is to transform the end-to-end wholesale lending process which will consolidate key remediation efforts for Citi’s lending products and establish a consistent target operating model with a focus on improved processes, controls, and enhanced technology that will achieve best-in-class processing capabilities to support our client franchise.

ICM is looking for a Program Manager Principal to drive transformation across the ICM Transaction Management (TM) function. This individual should have strong wholesale lending experience, including an understanding of regulatory and audit standards and expectations.

Key Responsibilities:

  • Head of TM Transformation for North America (NAM), and senior member of the global TM Transformation Team
  • Deputies for the Head of TM Transformation, representing the team at various leadership forums.
  • Oversee and priorities the global TM Transformation book of work.
  • Provide leadership over project management execution, proactively addressing blockers and driving timely delivery.
  • Deliver strategic planning partnering with stakeholders, ensuring appropriate syndication and approvals.
  • Execute program / project implementation, particularly with emerging regulatory imperatives.
  • Provide program / project status updates and reporting across the broader book of work.
  • Partner with stakeholders to design and implement front-to-back robust and sustainable control frameworks.
  • Evaluate regulatory requirements and maximize execution quality to adequately meet management and regulatory / Internal Audit (IA) expectations.

Qualifications and Competencies:

  • 12 years of experience in Wholesale Lending, Transformation, Risk & Control and/or Audit
  • Significant regulatory exposure, including regulatory reporting e.g. Shared National Credits (SNC), FRY14, 2052a etc.
  • Delivered large scale transformation programs involving people, process and technology.
  • Strong attention to detail and ability to distil complex ideas into clear and simple components.
  • Executive presence and gravitas with senior stakeholders and ability to gain consensus across functions and geographies.
  • Proactive, 'no surprises', approach in communicating issues/requests.
  • Capable of prioritizing and multi-tasking in a dynamic environment.
  • Strong problem solving and analytical skills.
  • Excellent oral and written communications skills; Must be articulate and persuasive.
  • Works well under pressure and to tight deadlines.

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Job Family Group:

Project and Program Management

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Job Family:

Program Management

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

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.

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Anticipated Posting Close Date:

Sep 04, 2024

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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.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Job Summary

JOB TYPE

Other

INDUSTRY

Banking

SALARY

$130k-173k (estimate)

POST DATE

07/26/2024

EXPIRATION DATE

10/31/2024

HEADQUARTERS

BROOKLYN, NY

SIZE

<25

FOUNDED

2016

CEO

MELISSA ESPONDA

REVENUE

$10M - $50M

INDUSTRY

Banking

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