Third Party Risk Management Managing Director (C16)

Discover your future at Citi Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact. Job Overview Citigroup is seeking a senior Third-Party Risk Management Managing Director (C16) to drive the effectiveness of Citi's Third-Party Risk Management framework, providing independent challenge to business decisions, and ensuring the use of third-party suppliers are within the bank’s Risk Appetite and aligned with applicable Regulatory expectations. The successful candidate will serve as a senior leader and trusted advisor to Executive Management, Risk leaders, Procurement, Technology, Legal, Compliance, and Business stakeholders. This position requires strong leadership capabilities, deep operational risk expertise, and the ability to influence decision-making across a complex global organization. Key Responsibilities Strategic Leadership Collaborate with the Head of Procurement & Third-Party Management to drive oversight of third-party risk activities across multiple businesses, functions, and geographies. Independently assess risks and drive actions to address the root causes that may lead to operational risk losses by challenging both historical and proposed practices. Establish and execute the strategic roadmap for third-party risk oversight. Drive continuous enhancement of risk frameworks. Serve as a senior escalation point for significant third-party risk issues and emerging threats. Enterprise Risk Oversight Provide independent oversight and effective challenge throughout the third-party lifecycle. Ensure consistent application of Citi's Third-Party Risk Management Policy and associated standards. Oversee risk assessments involving operational, cyber, information security, resilience, compliance, financial, geopolitical, and concentration risks. Evaluate material third-party relationships and recommend actions to manage residual risk. Governance & Executive Reporting Lead preparation of executive-level reporting for senior management, risk committees, and governance forums. Monitor risk trends and emerging exposures across the third-party portfolio. Present risk insights and recommendations to Executive leadership and Regulators. Lead development of AI-readable risk metrics and dashboards, enabling real-time monitoring of the third-party portfolio for risk concentration and early warning indicators. Risk Assessment & Due Diligence Oversight Oversee due diligence and risk assessment quality across critical and high-risk third-party relationships, including but not limited to: Specialized controls (e.g., Cyber, Cloud, Resilience, Model Risk, Artificial Intelligence), fourth party and concentration - ensuring the firm maintains full visibility into its extended supplier ecosystem. Challenge risk acceptance decisions and ensure appropriate escalation of material risks. Promote consistency in risk-rating methodologies and monitoring standards. Guide teams in the evaluation of control effectiveness and mitigation plans. Stakeholder Management Partner with senior leaders across Technology, Procurement, Compliance, Legal, Operational Risk, Information Security, Resilience, and Business Functions. Influence business strategy through risk-informed decision making. Foster strong working relationships across global teams and regional stakeholders. Promote a culture of accountability, transparency, and risk excellence. Engage directly with external Regulators (OCC, Federal Reserve, FDIC, and international equivalents) to represent the firm's TPRM posture and respond to supervisory requests and Regulatory inquiries. Talent Leadership Build, mentor, and develop high-performing risk management teams. Establish clear performance expectations and succession planning. Drive a culture of continuous learning and professional development.…

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