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Assessment & Design Senior Group Manager

United States Citigroup
Dubai, UAE
Full Time
Manager
3 weeks ago
Risk ManagementControl DesignRegulatory ComplianceWealth ManagementSales PracticesAudit Management
Free

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Risk ManagementControl DesignRegulatory Compliance
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Role Overview

  • The Senior Group Manager, Risk & Control Design for UAE Wealth Management is a critical leadership role responsible for the holistic design, implementation, and ongoing oversight of robust risk and control frameworks across all facets of Citigroup's Private Bank and Consumer Group wealth businesses
  • This role demands a deep understanding of wealth management operations, risk management principles, and the specific control requirements associated with various products and distribution channels.

Key Responsibilities

  • Strategic Control Framework & Design: Lead the design, implementation, and continuous enhancement of the end to end risk and control framework for the CG/CPC UAE Wealth business.
  • Product Specific Controls: Develop and embed robust controls specific to investment & insurance products, deposit products, and lending products.
  • Channel Specific Controls: Design and implement effective controls tailored for branch operations and digital platforms.
  • Control Uplift Program: Drive and contribute significantly to the execution of enhancements identified through the firm's control uplift programs.
  • Regulatory Compliance & Oversight: Proactively work with ICRM to interpret and assess the impact of new and evolving regulations.
  • Exams & Audits Management: Act as a primary point of contact and lead preparation for regulatory examinations and internal audits.
  • Control Testing: Oversee or directly contribute to the design and execution of comprehensive control testing programs.
  • Sales Practices & Ethical Conduct: Design, implement, and monitor controls aimed at fostering strong ethical sales practices.
  • Risk Assessment & Management: Lead ongoing risk assessments to identify emerging risks and control gaps.
  • Issue Management: Direct the identification, assessment, and timely resolution of control issues.
  • MCA: Drive robust MCA program with comprehensive control design and testing.
  • Reporting: Direct the communication of risk and control status to all relevant stakeholders.

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