Risk Appetite and Risk Identification Management, Vice President

Job ID: 97869450336Posted: 2026-07-16Location: Getzville, New York, United StatesSalary: $92,000.00 - $138,000.00Category: Risk Management, ProfessionalCompany: CitiKey ResponsibilitiesThe Vice President will support the end-to-end quarterly Risk Appetite and Risk Identification assessment cycle, partnering with the ORM Risk Appetite Lead and the Head of the ORM Risk Appetite, ID, and Metric Team. Responsibilities include:Support the end-to-end execution of the quarterly Risk Appetite Assessment process. This includes driving the initial data gathering, analysis, and drafting of the assessment to form a comprehensive view of the firm's operational risk profile against its stated appetite.Oversee Risk Identification and Material Risk Inventory: Contribute to the firm’s process for identifying, assessing, and documenting material operational risks. This involves analyzing risk trends, reviewing emerging risks, and ensuring the firm’s central inventory of material risks is accurate, complete, and up-to-date.Manage the Risk Metrics Lifecycle: Support the governance of the firm's operational risk metrics. This includes challenging the design of new metrics, reviewing the calibration of their thresholds, and ensuring they are effectively "cascaded" from the enterprise level to individual business lines for monitoring and reporting.Facilitate Stakeholder Engagement and Alignment: Act as a key liaison between business-aligned risk teams and independent risk management functions. Lead calibration and challenge sessions to build consensus, ensure assessment conclusions are robust and well-supported, and verify that the firm's risk landscape is accurately reflected.Support Governance and Senior Management Reporting: Ensure the risk assessment process adheres to both internal firm-wide policies and external regulatory requirements. Prepare assessment materials for submission to senior governance committees and support leadership in communicating results, key insights, and threshold breaches to executive stakeholders.Drive Process Enhancement and Risk Culture: Continuously seek to improve the risk assessment process for greater efficiency and effectiveness. This includes enhancing the tools and methodologies used for risk identification and metric monitoring. Champion a strong risk culture by providing guidance to junior team members and promoting risk awareness and accountability across the business.Review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the 1st line of defenseLead initiatives to improve operational risk management practices and enhance organizational resilience.Is an enthusiastic and early adopter of change; takes ownership for helping others see a better future and stay positive during uncertainty.Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goalsQualificationsSeveral years of experience in Internal Audit, Operational Risk, Compliance or a related control function within the financial services industry.Robust understanding of risk management frameworks, including risk appetite, risk identification, and control assessments.Strong analytical and problem-solving skills, with the ability to analyze complex data sets, challenge assumptions, and draw evidence-based conclusions.Excellent communication and interpersonal skills, with a proven ability to collaborate effectively and influence stakeholders at all levels of the organization.Experience in managing competing priorities in a dynamic environment, with a strong focus on delivering high-quality outcomes to established deadlines.A proactive and 'no surprises' approach to communicating issues, with a strength in developing and sustaining an independent viewpoint.Bachelor's/University degree is required; a Master's degree is preferred.Education: Bachelor's/University degree, Master's degree preferredTeam/Role OverviewOur team oversees the firm's comprehensive operational risk management process. This includes the firm-wide Risk Appetite framework, which formally defines the level and type of risk we are willing to assume in our pursuit of strategic objectives. A critical component of this is our Risk Identification process, where we systematically identify, measure, and monitor the most significant operational risks facing the firm.These frameworks are brought to life through a robust system of metrics, including Key Risk Indicators. This system sets clear, firm-wide standards for monitoring our risk profile and establishes clear protocols for responding when risk levels deviate from our stated appetite.A dedicated Operational Risk Identification, Appetite, and Metric (ORM RAL) team drives these critical processes. This position, Vice President, Risk Appetite & Risk Identification Management, is a key role within this team. The Vice President will be responsible for driving the execution of our quarterly risk assessment processes, working closely with team members and stakeholders across business-aligned risk teams (1st Line of Defense) and operational risk management (2nd Line of Defense) to deliver a comprehensive assessment for senior management review and approval.This role offers a unique and high-profile opportunity to gain a holistic understanding of the firm's risk landscape, providing significant exposure to a wide spectrum of both enterprise-level and business-specific risk categories.------------------------------------------------------Job Family Group: Risk Management------------------------------------------------------Job Family:Operational Risk------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Getzville New York United States------------------------------------------------------Primary Location Full Time Salary Range:$92,000.00 - $138,000.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Most Relevant Skills Analytical Thinking, Controls Lifecycle, Credible Challenge, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.------------------------------------------------------Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------Anticipated Posting Close Date:Jul 23, 2026------------------------------------------------------Automated Processing and AIWe use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.Illinois residents – AI Notice and Right------------------------------------------------------Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.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 Citi’s EEO Policy Statement and the Know Your Rights poster.