Services Risk & Controls Director for Digital Assets

This opportunity presents a compelling career path for professionals seeking to make a significant impact within a leading global financial institution. As a Risk and Controls Director for Digital Assets at Citi, you will be at the forefront of managing financial crime, regulatory, and reputational risks within the dynamic Services business line. This role offers a unique chance to leverage your analytical, problem-solving, and communication skills in a high-stakes, evolving industry.

Advantages for Potential Candidates:

• Pioneering in Digital Assets: This is a prime opportunity to gain deep expertise and shape the risk management framework for digital assets, a rapidly growing and strategically important area within finance. You’ll be working with cutting-edge technologies and emerging financial products.
• Global Impact and Reach: Citi's Services division operates in 95 countries, providing integrated financial solutions. This role allows you to contribute to a truly global operation, interacting with diverse teams and understanding international regulatory landscapes.
• Strategic Influence: You will be instrumental in identifying and mitigating emerging risks, ensuring the design and implementation of effective control infrastructures. This involves close collaboration with Product, Business Risk, Operations, Technology, and Compliance teams, offering a chance to influence business strategy and operational resilience.
• Career Development and Learning: The role demands a broad understanding of digital assets and their associated risks, fostering continuous learning and professional growth. Citi's commitment to learning and development resources ensures you'll have the tools to expand your knowledge and advance your career.
• Collaborative Environment: You will partner with business heads, operations, technology, and the second line of defense, fostering strong relationships and promoting a shared approach to risk management. Collaboration with other Citi lines of business for best practice sharing is also a key component.
• Hybrid Working Model: Enjoy a balanced work-life approach with a hybrid model, allowing for up to two days of remote work per week, combined with the benefits of a business-casual workplace.
• Comprehensive Benefits Package: Citi offers a competitive compensation structure, including an annually reviewed base salary, a discretionary annual performance bonus, generous holiday allowance, private medical insurance, an Employee Assistance Program, a pension plan, paid parental leave, and employee discounts.

Key Considerations for Candidates:

• Deep Digital Asset Expertise: A strong understanding of blockchain technology, cryptocurrencies, stablecoins, and their associated financial crime risks is essential. Familiarity with global crypto regulations and VASP licensing and compliance requirements is also critical.
• Risk and Compliance Acumen: While specific certifications like ACAMS or ACSS are preferred, a robust conceptual and practical grounding in Risk Management, compliance, and operational controls is paramount. Experience in both traditional banking and Virtual Asset Service Providers (VASPs) is highly valued.
• Challenging the Status Quo: This role requires the confidence and ability to challenge business management, escalate critical issues, and drive necessary change. A proactive and assertive approach is key to effectively managing risks.
• Stakeholder Management: You will need excellent interpersonal skills to build and maintain strong partnerships across various global and regional teams. Articulate and persuasive communication, with the ability to provide insightful commentary to senior stakeholders, is vital.
• Problem-Solving and Analytical Skills: The ability to analyze complex processes, identify root causes of control issues, and implement sustainable solutions is fundamental to success in this position.
• Pace and Adaptability: The digital assets landscape is fast-paced and constantly evolving. Candidates should be adept at multitasking, prioritizing, and adapting to changing priorities and regulatory requirements.

For ambitious professionals looking to shape the future of risk management in the digital asset space, this Risk and Controls Director position at Citi offers a challenging yet rewarding career trajectory. It's an opportunity to contribute to a respected global organization while developing specialized expertise in a critical and expanding field.