Risk Program Management Portfolio Leader

The Risk organization's Head of Project Management Group is looking for a strong Risk Program Management Portfolio Leader to manage and execute on a diverse slate of multi-year projects to support overall Risk Transformation. The role manages multiple teams of senior professionals through other senior managers. Full management responsibility of multiple teams, including management of people, budget and planning. This includes ensuring effective and timely execution of all programs under the Consent Orders that Risk Management is responsible for as well as other programs aimed at building and enhancing the Risk organization’s capabilities. Project Portfolio leader in the recently established Risk Program Management organization is expected to have a track-record in managing complex, multi-faceted initiatives with multiple stakeholders (Businesses and other functions like Finance, Technology etc.) as well as strong partnership, collaboration and creative problem solving skills to achieve value-adding outcomes. Strong understanding of effective risk management practices as well as thought leadership on meeting regulatory requirements will also be expected of the Program Management Portfolio Leader. Typically, a direct report to an C16 role and sits on the highest functional leadership team within a region, or global business.Key Responsibilities:Project manage the Book of Work across Risk segments/stripes and, in partnership with other Program Management leads and the CAO office, businesses and other functions, with best-in-class execution disciplineLead a team of senior program managers to provide support to new or existing programs

Develop a deep understanding of the Target State and Outcomes for the Book of Work, and each project within it for the assigned portfolio of projects

Ensure robust ownership and accountability model for each project under management

Ensure that each program under management has clarity on objectives / outcomes with clear, well-defined milestones to achieve these outcomes

Ensure that each program’s execution is on track to address supervisory expectations and underlying issues / root causes with clear, well-defined, measurable outcomes (risk mitigation, control enhancement, process simplification, enhanced delivery of firm to clients etc.)

Identify and escalate program constraints (e.g., lack of clarity on outcomes, ineffective program management, resource constraints, lack of stakeholder support etc.) in collaboration with Program Leads and provide staffing support for major initiatives to augment embedded staff, as needed

Provide subject matter expertise in one or more risk management disciplines such as enterprise risk, strategic, reputational, risk identification and assessment, risk appetite, risk measurement and monitoring, price risk, control frameworks and other.

Own all aspects of the project portfolio reporting process, including: RAG ratings, key performance indicators, status updates, adherence to dates and deliverables and quality of deliverables

Provide periodic updates to CAO Transformation Group as well as other senior leadership on status of programs or necessary escalations

Provide input to continuously enhance Risk Management’s program management practices in collaboration with the CAO Transformation Group

For the medium- to longer- term, continuously strengthen the capabilities across the talent in the organization while learning from internal / external best practices

Confirm effectiveness of existing governance / execution processes for all portfolio projects, identify and fix issues, escalate in a proactive manner

Identify capabilities needed for SME or program management team and ensure adequate staffing on a timely basis for all projects within portfolio

Provide review and challenge of plans for each program, including definition and timing of work streams, deliverables and other milestones against commitments, dependencies, and staffing

Continuously ensure that programs have clearly identified the required roles and responsibilities and have appropriately identified, and are engaging, all relevant Citi stakeholders with appropriate accountability

Ensure that the right partnership and engagement model is in place with other functions and businesses to achieve program objectives

Perform end-to-end review and challenge of program deliverables to confirm quality and adequacy of deliverables against program target state

Look across programs and initiatives to identify related and interdependent elements and provide recommendations, where needed, for combining or connecting initiatives to achieve greater effectiveness and efficiency

Escalate any concerns related to program structure, resourcing or execution as required/applicable

Support communication to internal and external stakeholders (e.g. regulatory updates, Board updates)

PERSON SPECIFICATIONQualificationsSignificant experience within a highly complex, global financial institution or related industry

15+ years of experience, including 10+ years' managerial experience

Consistent record as Program or Project Manager, Lead, PMO or department head, managing teams and large, strategic cross-functional projects Previous program/project management, consulting, technology and/or management

Experience with relevant banking regulation and supervisory expectations for large complex financial institutions, particularly in the risk management space

Track-record in successfully managing large scale, complex, multi-faceted cross-company initiatives with clear, value-adding outcomes

Ability to quickly come up to speed on multiple topics concurrently (e.g. risk frameworks, processes that are being remediated / transformed) to be able to understand program objectives and to oversee / contribute effectively to their execution

Ability to think strategically and translate strategy into implementation / execution plans

Strong understanding of one or more risk management disciplines in a large global bank environment (e.g. operational risk, credit risk, market risk, risk identification and assessment, risk appetite, etc).

Strong collaboration and influencing skills - able to identify and influence key decision makers across various levels and functions within the organization; defuse conflict and work toward agreement

Consistently demonstrates executive clear and concise written and verbal communication skills with ability to engage at the most senior management levels

Self-motivated and detail oriented with an ability to take reasoned decisions under pressure

Job Family Group:Project and Program ManagementJob Family:Program ManagementTime Type: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/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Effective November 1, 2021, Citi requires that all successful applicants must 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.