Senior Vice President - Wholesale Credit Risk Independent Risk Quality Assurance (IRQA-WCR), Citi

Senior Vice President - Wholesale Credit Risk Independent Risk Quality Assurance (IRQA-WCR)

Citi

Location:

India, Mumbai

Category:

-

Contract Type:

Not provided

Salary:

Not provided

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Job Description:

The role is part of the WCR Independent Risk Quality Assurance (IRQA-WCR) function, whose objective is to independently assess whether the established standards, procedures, processes and controls relating to Wholesale Credit Risk (WCR) management are followed and consistently applied across the WCR portfolios in scope of the Program. This objective is achieved by providing assurance to senior management through identification and reporting of thematic deficiencies, operational weaknesses, risk associated with the specific areas, training needs, and processes and quality deficiencies.

Job Responsibility:

Executing the global strategy set by the Global Head of IRQA-WCR
Assessing whether wholesale credit risks within Citi are effectively identified, measured, monitored, and controlled
Acting as the main point of contact and subject matter expert (SME) for the senior management
Providing leadership
Reviewing and approving key documents and templates relating to the Program
Reporting and monitoring of remediation of thematic Concerns and other findings identified in the QARs
Providing oversight and guidance over the assessment of complex issues
Synthesizing QAR results and supporting the Global Head of IRQA-WCR
Assisting in the establishment and enhancement of the IRQA-WCR Standards, Procedures, Risk Assessments, and controls
Attracting, developing, and retaining top quality talent
Staying abreast of relevant changes to rules/regulations and other industry news
Supporting the Global Head of IBQA-WCR on internal projects and initiatives
Supporting Voice of the Employee (VOE) as well as diversity and inclusion initiatives
Travel (less than 10%)

Requirements:

12+ years’ experience in Risk and people management
Demonstrable quality control / quality assurance experience
Deep knowledge of Wholesale Credit Processes
Proficient understanding of policies and procedures
Exceptional knowledge and experience on designing and implementing a robust Quality Assurance framework
Strong grasp of the lending wholesale credit risk covered process
Significant experience in preparing presentations for seniors
Outstanding awareness and adherence to the control environment
Excellent communication skills
Experience in managing cross-functional teams
Bachelor’s/University degree or equivalent experience, potentially Masters degree

What we offer:

Extensive on-the-job training and exposure to senior leaders
Programs and services for physical and mental well-being
Access to an array of learning and development resources
Generous paid time off packages

Additional Information:

Job Posted:

March 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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