The Business Risk Officer / Supervisory Principal is a strategic professional who stays abreast of developments within own field and contributes to directional supervisory oversight of their business/region or scope of jurisdiction. Recognized technical and supervisory authority over multiple areas within the business and complex investments. While the role may require a unique level of subject matter expertise, multiple people within the unit may provide similar levels of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular, colleagues and partners in other areas. Significant impact on the area through complex analysis, assessment and evaluation. Provides advice and counsel related to the Risk and Control framework and supervisory oversight of the business.

Responsibilities:

• Correspondence reviews

• Assist in the resolution of investment-related complaints

• Responsible for review of escalated surveillance issues.

• Review and approval of Marketing Material (if applicable)

• Review and approval of Outside Investments and Activities (if applicable)

• Monitor Licensing and Registration requirements

• Post-trade blotter reviews

• Management of trade errors and corrections

• Manage and maintain OSJ (Office of Supervisory Jurisdiction) files

• Review and approval of new brokerage and managed accounts

• Review and dispositioning of designated suitability alerts and breaks within policy guidelines

• Review and approve client suitability profiles (if applicable)

• Partner with Regional Supervisory Principal and Regional Supervisory Head and team on the resolution of escalated supervisory issues

• Review and pre-trade approval of designated bank-channel and broker-dealer investments

• Interface, consult with and escalate to Senior Management and partners including, but not limited to, Compliance, Legal, AML, Regional Business Risk, Regional COO and Sales Management

• Assist with ad-hoc projects and/or workflow UAT testing as assigned by Manager

• Assist with coaching and training Registered Representatives when applicable

• Conduct periodic mandatory supervisory meetings

• Assist with audits, examinations, testing and regulatory inquiries when applicable

Qualifications:

• Relevant 6-10 years of supervisory experience in the financial industry; compliance or other risk management experience helpful

• FINRA Series 7, 66 (or 63 and 65), 24 (and/or 9/10) and 31; Series 3 or 4 a plus

• Willingness to obtain any missing licenses within 120 days of hire

• Knowledge of Bank and Broker-Dealer businesses

• Strong knowledge and experience in complex investment products such as Alternatives, Structured Products and Derivatives)

• Ability to multi-task, assess and balance diverse priorities

• Strong networking, influencing and negotiating skills

• Strong analytical skills

• Excellent written and verbal communication skills

• Strong organizational and time management skills

• Excellent interpersonal and diplomacy skills

• Ability to work independently, execute on agreed upon timelines and work under pressure

• Experience in internal/external audit management preferred

• Strong problem-solving skills

• Ability to see the big picture with high attention to critical details

• Demonstrated ability to contribute to/participate in process improvement initiatives

• Proficiency in MS Office (primarily Excel), Pershing NetX360, Actimize Surveillance, Salesforce and other related business applications preferred  

Education:

• Bachelors/University Degree or equivalent experience

Job Family Group:

Risk Management

Job Family:

Business Risk & Control

Time Type:

Full time

Primary Location:

New York New York United States

Primary Location Full Time Salary Range:

$129,840.00 - $194,760.00

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.

Anticipated Posting Close Date:

May 08, 2024

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)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.