At a Glance
- Tasks: Join a dynamic team to manage business risk and support decision-making in banking.
- Company: Citi is a leading global bank, committed to innovation and excellence.
- Benefits: Enjoy a full-time role with opportunities for growth and development.
- Why this job: Make impactful decisions while collaborating with senior management and diverse teams.
- Qualifications: Ideal candidates have experience in risk management or investment banking, with strong communication skills.
- Other info: Citi values diversity and offers equal opportunities for all applicants.
The predicted salary is between 43200 - 72000 Β£ per year.
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The Business Selection, Transactional Conflicts and Reputation Risk (\βBSCR\β) team globally supports Banking & International bankers by reviewing potential engagements with clients for transactional conflicts of interest and reputation risk issues and leading business decisions. The BSCR team drives superior alignment decisions by holistically vetting alternative opportunities, client relationships and revenue streams, while protecting Citi by mitigating transactional conflicts and reputation risks in partnership with the business and control functions.
Responsibilities:
The Business Selection SVP will assist in facilitating and managing BSCR decisions through a centralized process in coordination with senior management in Banking & International. This group analyzes critical facts and drives business selection and conflict resolution decisions that increase the probability of success, maximize profitability, and minimize franchise and other risks.
The role requires a strong understanding of Banking products and transactional expertise. As part of a small, focused team, the individual will work closely with deal and relationship teams and first and second line control functions to support consistent, well-informed decision-making.
Critical responsibilities include, though are not limited to:
- Collect, summarize and, at times, develop qualitative and limited quantitative analysis relating to companies involved in a potential situation.
- Determine what transactions need to undergo heightened review and elevate to broader BSCR team.
- Communicate with deal team leaders to diligence specific deals, learn industry-related dynamics, and identify potential risks (including risks to reputation) and political sensitivities.
- Extrapolate information from bankers as to client relationships, transaction dynamics, future business prospects.
- Analyze key facts and circumstances that underlie BSCR decisions in a fair and impartial manner avoiding client, regional and franchise bias.
- Participate in discussions involving senior management, senior members of deal teams, franchise and industry heads, and senior Legal, Compliance and Risk (as appropriate) to decide between potential clients, strategize on how to manage clients, optimize fees, weigh reputation and other risks and respond to client requests to limit Citi\βs businesses or go hostile.
- Verify that client discussions and documentation are in line with BSCR decisions.
- Track and maintain certain key indicators and statistics for the group.
- Assist in training bankers on transactional conflicts of interest and reputation risk.
- Identify the need for policy changes and assist in modifying/creating policies.
- Assist in cross-selling initiatives with other Citi businesses.
- Assist in designing and testing enhancement to the conflict clearance system.
Qualifications:
- Expertise in risk management and familiarity with Banking products and services.
- Excellent oral and written communications skills; must be able to build strong working relationships with key stakeholders.
- Proactive, detail oriented, and commercially-minded, and possess exceptional business judgment.
- Ability to help drive change to business practices by working effectively across multiple businesses and clusters.
- Self-starter with the ability to multitask and prioritize in a dynamic, fast paced environment.
- A JD candidate must have a law degree from a top-tier accredited law school, be admitted to practice law in the relevant jurisdiction, have at least 1-2 years of comprehensive experience specializing in general corporate law, with emphasis on M&A transactional work in a corporate or law firm environment.
- A non-JD candidate must have at least 1-2 years of investment banking experience with significant exposure to M&A.
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Job Family Group:
Business Strategy, Management & Administrationββββββββββββββββββ
Job Family:
Business Execution & Administrationββββββββββββββββββ
Time Type:
Full timeββββββββββββββββββ
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 (\βCiti\β) 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 .
View the \β EEO is the Law \β poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
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Job function
Finance and Sales
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StudySmarter Expert Advice π€«
We think this is how you could land Business Risk Manager - Citi
β¨Tip Number 1
Familiarise yourself with Citi's business model and the specific challenges they face in risk management. Understanding their approach to transactional conflicts and reputation risks will help you engage in meaningful conversations during interviews.
β¨Tip Number 2
Network with current or former employees of Citi, especially those in risk management roles. They can provide valuable insights into the company culture and expectations, which can be a game-changer when preparing for your interview.
β¨Tip Number 3
Stay updated on recent trends and regulations in the banking sector, particularly those affecting risk management. Being able to discuss current events and their implications will demonstrate your proactive approach and industry knowledge.
β¨Tip Number 4
Prepare to showcase your analytical skills by thinking of examples where you've successfully identified and mitigated risks in previous roles. Real-life scenarios will illustrate your capability to handle the responsibilities outlined in the job description.
We think you need these skills to ace Business Risk Manager - Citi
Some tips for your application π«‘
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and qualifications for the Business Risk Manager position. Tailor your application to highlight relevant experience in risk management and banking products.
Craft a Strong CV: Your CV should clearly outline your experience in risk management, particularly in M&A or investment banking. Use bullet points to detail your achievements and responsibilities in previous roles, focusing on quantifiable results.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and explain how your skills align with Citi's needs. Mention specific experiences that demonstrate your ability to manage transactional conflicts and reputation risks.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role in risk management.
How to prepare for a job interview at Jobs via eFinancialCareers
β¨Understand the Role Thoroughly
Before your interview, make sure you have a solid grasp of what the Business Risk Manager role entails. Familiarise yourself with the responsibilities listed in the job description, especially around risk management and transactional conflicts. This will help you articulate how your experience aligns with their needs.
β¨Prepare for Scenario-Based Questions
Expect to be asked about specific scenarios related to risk management and decision-making. Prepare examples from your past experiences where you successfully identified and mitigated risks, particularly in banking or M&A contexts. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
β¨Showcase Your Communication Skills
Given the importance of building relationships with stakeholders, demonstrate your excellent oral and written communication skills during the interview. Be clear and concise in your answers, and donβt hesitate to ask clarifying questions if needed. This shows your proactive approach and attention to detail.
β¨Research Citi's Values and Culture
Citi places a strong emphasis on its values and culture. Research their mission, recent news, and any initiatives they are involved in. During the interview, relate your personal values to those of Citi, and express how you can contribute to their goals while maintaining a focus on reputation and risk management.