Pallavi P.

About Pallavi P.

With over fifteen years of experience in financial services, I specialize in risk…

Experience

1. Senior Vice President, Risk and Controls - Private Bank

   Citi

   Jul 2022 — Present · New York, NY, US

   Managed and supported multiple risk and control programs for the organization, including defining strategy, approach, and reporting to ensure risk management consistency and excellence.•Appropriately assessed risk in business decision-making, with a focus on safeguarding Citigroup’s reputation, clients, and assets by-Driving compliance with applicable laws, rules, and regulations-Adhering to internal policies-Applying sound ethical judgment-Escalating, managing, and reporting control issues with transparency.•Collaborated with cross-functional business partners on risk and control findings, offering recommendations to improve business practices.•Strategized, composed, and delivered audit and exam responses representative of Citi Private Bank Residential Real Estate business practices for Internal and External Audits/Exams (OCC FDPA, OCC HMDA, OCC Fair Lending, CFPB).•Executed comprehensive risk assessments, Management Control Assessments,Corrective Action Plan resolution, Control testing, Developed Key Risk Indicators (KRIs) & Key Performance Indicators (KPIs), and Activity Risk Control and Monitoring Tool (ARCM) statements.•Supported risk assessments such as the Enterprise Risk Assessment, Compliance Risk Assessment, and Process-Level Operational Risk Assessment, including evaluations of risk appetite, inherent risks, and mitigating controls.•Facilitated Operational Risk Committee discussions; focused on key risks (regulatory, operational, reputational) and significant control-related issues affecting Residential Real Estate businesses in the U.S, ensuring proper issue resolution or risk acceptance.