Joseph Monks
New York,NY
Summary
Accomplished and motivated executive with successful career history in risk management. Offering exceptional leadership and staff development skills proven to build trust and communicate effectively across all organizational levels. Coordinated with board members and C-suite executives to initiate and execute strategic business plans that achieve key objectives.
Overview
21
21
years of professional experience
1
1
Certification
Work History
SVP, Risk Management Audit
Citigroup
New York, NY
06.2021 - Current
- Planned and executed audits covering Citibank NA product lines, including thematic risk management audits of enterprise risk and operational risk in the areas of technology and cyber, artificial intelligence, operational resiliency, and third-party risk.
- Responsible for engaging with senior stakeholders within Risk Management and making presentations to the OCC and FRB related to the remediation of Risk Management MRAs.
Chief Risk Officer
MarketAxess
New York, NY
07.2013 - 02.2021
- Pioneered the development and execution of a robust risk management framework for organization-wide use; introduced GRC platform equipped with critical risk indicators.
- Participated in executive management and board meetings, providing expertise on risk management topics.
- Prepared Risk Appetite Statements to identify key risks and recommend 'path to green' for risk reduction within Board's tolerance.
- Provided organizational leadership and collaborated with executive partners to establish long-term goals, strategies, and company policies.
Director of Risk Management
Citigroup
New York, NY
06.2011 - 07.2013
- Implemented comprehensive risk management strategies to identify, assess, and mitigate organizational risks.
- Managed external regulatory relationships to ensure compliance with corporate governance regulatory requirements.
- Coordinated interdepartmental efforts to align operational goals with ERM strategy.
- Created a framework to track key performance indicators linked to risk management goals.
- Reviewed company policies and procedures for adherence to legal, regulatory, and industry standards.
Managing Director Head of Audit Japan
Citibank
Tokyo, Japan
03.2007 - 06.2011
- Collaborated with audit stakeholders on identifying opportunities to enhance risk management processes.
- Provided enhanced risk management advice and guidance during risk management audit execution, improving operational practices across all business units.
- Identified risk exposures and evaluated them for the organization.
- Ensured compliance with internal policies and external regulations through coordination with other departments.
- Developed and executed a cohesive internal audit risk management plan, mitigating potential financial losses.
- Stayed updated on evolving legal and industry requirements related to risk management in order to execute the Country Audit Plan.
- Ensured smooth management of external regulatory relationships pertaining to coverage responsibilities such as OCC, FRB, MAS, and Japan FSA.
Executive Director
Morgan Stanley
Tokyo, Japan
06.2003 - 03.2007
- Planned and executed broker-dealer audits over a full range of institutional securities, investment banking, asset management, and property management control and regulatory requirements.
- Frequent participation in executive management committees held in Japan, Asia-Pacific, London, and New York Offices.
- Successfully managed the Japan internal audit team and built the team from a size of 7 to 21 auditors. Trained and coached team members, empowering them to reach their full potential.
Education
MBA - Finance And Banking
Golden Gate University
San Francisco, CABachelor of Science - Finance And MIS
California State University - East Bay
Hayward, CASkills
- Risk mitigation strategies
- Business continuity planning
- Incident Management
- Time management abilities
- Legal Compliance
- Stress testing
- Information Security
- Effective Communication
- Risk Mitigation
Certification
- Chartered Financial Analyst
- Certified Internal Auditor
Accomplishments
- Citigroup Awards for Exceptional Performance
- GRC Risk Management Implementation Recognition Award
Affiliations
- Photography
- Travel
- Aisan culture and cuisine
Timeline
SVP, Risk Management Audit
Citigroup
06.2021 - Current
Chief Risk Officer
MarketAxess
07.2013 - 02.2021
Director of Risk Management
Citigroup
06.2011 - 07.2013
Managing Director Head of Audit Japan
Citibank
03.2007 - 06.2011
Executive Director
Morgan Stanley
06.2003 - 03.2007
MBA - Finance And Banking
Golden Gate University
Bachelor of Science - Finance And MIS
California State University - East Bay