Risk Reporting 2LOD Sr. Group Mgr

Citigroup; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Citigroup in Mumbai seeks a Risk Reporting and Exposure Monitoring professional to analyze and report risk across portfolios and regulatory requirements such as FR Y-14. The role supports senior management with clear risk insights and drives effective risk governance.

The candidate will develop analytical methods, monitor risk exposures, and contribute to the firm's risk management strategy and regulatory compliance initiatives. Strong communication and teamwork are essential.

Responsibilities

• Conduct independent analysis of complex business initiatives and emerging risks, providing crucial insights and recommendations to senior management.
• Develop and maintain an understanding of economic and regulatory landscapes, identifying potential impact on risk profile.
• Develop advanced quantitative models and tools to enhance risk measurement, monitoring, and reporting.
• Prepare and present comprehensive risk reports for senior management, regulators, and stakeholders, communicating inherent risks across portfolios and FR Y-14 reporting.
• Collaborate with risk managers, business line representatives, and stakeholders to align risk assessments and mitigation strategies.
• Stay updated with trends in stress testing and risk management through industry forums and regulatory discussions.
• Mentor junior team members and promote professional development in risk reporting.
• Act as a subject matter expert in risk reporting, adapting industry trends for the role and business.
• Apply commercial awareness and judgment in risk-based decisions impacting the function.
• Negotiate with senior leadership and occasionally handle external communications.
• Contribute to Citi's overall risk management strategy, regulatory compliance and protection of financial health through reporting and exposure monitoring.
• Energize the team by articulating a vision for the future and identifying opportunities for change.
• Inspire continuous improvement, ownership of mistakes, and knowledge sharing across teams.
• Create an environment that invites diverse viewpoints and agility in decision-making.
• Champion ideas that benefit the organization and safely experiment.
• Communicate context behind key decisions to align with enterprise priorities and avoid distractions.
• Focus resources on critical priorities and reduce cross-team redundancies.
• Identify opportunities to manage risk by streamlining processes and limiting over-customization.
• Lead efforts to strengthen controls and accountability for risk management across client-facing activities.
• Guide teams to solve complex challenges by data gathering and root-cause analysis.
• Encourage the team to exceed performance goals and deliver high-quality work.
• Demonstrate integrity and accountability in client and Citi interests, even under pressure.
• Build partnerships across functions and enable cross-functional collaboration.
• Monitor and listen to team sentiment, fostering an inclusive, healthy work environment.

Job description

The Risk Reporting and Exposure Monitoring role is critical for effectively managing and communicating the company's risk exposure. Individuals in this role provide a comprehensive analysis and reporting of inherent risks across various portfolios, and regulatory reporting in compliance with standards like FR Y-14. By providing a clear view of the company's risk profile, this role enables informed decision-making. This role is key to the company's overall risk management strategy, regulatory compliance and protection of financial health and reputation.

Responsibilities

• Conduct independent analysis of complex business initiatives and emerging risks, providing crucial insights and recommendations to senior management.
• Develop and maintain a deep understanding of economic and regulatory landscapes, proactively identifying how they could potentially impact the organization's risk profile.
• Develop advanced quantitative models and tools to enhance risk measurement, monitoring, and reporting capabilities, focusing on risk exposure and regulatory compliance.
• Prepare and present comprehensive risk reports for senior management, regulators, and other stakeholders, effectively communicating inherent risks across various portfolios and regulatory reporting requirements like FR Y-14.
• Collaborate with risk managers, business line representatives, and other stakeholders to ensure alignment on risk assessments, mitigation strategies, and action plans.
• Stay updated with the latest trends and best practices in stress testing and risk management by participating in industry forums and regulatory discussions.
• Mentor junior team members, promoting professional development and enhancing the team's overall effectiveness in risk reporting.
• Act as a subject matter expert within the field of risk reporting, adapting the latest industry trends for application within the job and business.
• Apply commercial awareness and advanced judgment in making risk-based decisions that significantly impact the function or business.
• Negotiate internally at a senior level using excellent communication skills, occasionally handling external communication as required.
• Contribute significantly to the company's overall risk management strategy, regulatory compliance, and protection of financial health and reputation through effective risk reporting and exposure monitoring.
• Energizes the team by communicating a compelling vision of the future; helps them identify opportunities for change and improvement during uncertainty.
• Inspires the team to constantly improve, own mistakes, and proactively share learnings with other teams; demonstrates deep curiosity to help the team learn and improve.
• Creates a team environment in which members are proactively invited to speak up, seek out, and debate alternative views; role-models agility to change course when presented with new information.
• Acts as a catalyst for change by identifying and championing ideas that benefit the organization; supports the team to safely experiment.
• Communicates the context behind key organizational decisions; puts the enterprise above the team, and helps the team make decisions that benefit the greater good
• Creates focus by communicating and aligning resources to the most critical organizational priorities; proactively reduces potential distractions for the team.
• Proactively identifies and acts on opportunities to manage risk through streamlining processes, eliminating redundancies across teams, and reducing over-customization.
• Leads teams to strengthen controls that support client satisfaction and operational effectiveness; creates a culture in which all team members take accountability for managing risk.
• Guides the team in solving complex business challenges by taking time to gather data, uncover root causes, and identify sustainable solutions.
• Leads teams to continuously raise expectations; inspires them to exceed performance goals and deliver the best possible work.
• Role-models, educates, and holds the team accountable for doing the right thing for clients and Citi, in all situations, even when difficult
• Holds self and team accountable for establishing partnerships that break down boundaries and engage cross-functional partners early and often; creates opportunities for enhanced collaboration across business and functions.
• Reinforces opportunities for team members to support clients and communities; educates teams on the challenges faced by Citi's constituents.
• Creates a flexible and engaging work environment in which employees can achieve work-life balance and people of diverse backgrounds and styles can thrive; lives by example.
• Proactively seeks out and champions diverse talent for critical roles; is intentional in taking action to ensure all team members are treated in a fair and equitable manner.
• Actively monitors and listens respectfully to how teams are feeling, particularly when facing challenges; assumes best intent and responds with empathy
• Appropriately assess risk when