Business Risk and Control Officer

3 months ago

Mumbai Maharashtra, India Citi Full time

**Responsibilities**:

- Help contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e. Risk & Control Self-Assessment) as required by the MCA Standard including the assessment and appropriate approval of risk associated with business changes.
- Support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy and Control Inventory.
- Assist in performing a detailed analysis on the identification of issue root cause, partnering with control and process owners to recommendations holistic corrective actions and improvements, provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies.
- Help contribute to the Lessons Learned Policy, including monitoring of control breaches and dissemination and learnings across other business units for process improvement to limit the occurrence of similar future events and where similar risk exposure might exist.
- Support the review and challenge process, within the FLUs, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, conducting the control monitoring, handling deficiencies, and escalating issues for resolution.
- Help contribute to the timeliness, accuracy and completeness of the MCA through controls prior to the execution of a process (QC).
- Assist in the monitoring of the adherence to the MCA Standard through controls after the execution of a process (QA).
- Support in dealing with Operational and Compliance Risk in accordance with established Policy requirements.
- Assist in performing a detailed analysis to identify, assess, escalate, and manage risk exposures across Risk Categories (Operational Compliance, Strategic, Reputational, etc), including material, emerging and concentration risks in accordance with enterprise Policies and the establishment of Key Indicators to monitor risk exposures.
- Assist in supporting Risk Appetite and monitor / assess exposures against this in accordance with enterprise requirements (if applicable).
- Be part of the process to identify, assess, record and response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
- Help ensure that adequate governance and training are in place to support management of Risk profiles.
- Contribute to the risks associated with New Activities and changes to the Business, ensuring these are well understood and adequately controlled (if applicable).
- Support operational risk scenario analysis and stress testing for Operational Risk Capital requirements.
- Coordinate risk and control responsibilities and ensure accountabilities are embedded within FLUs, including providing training and leading by example.
- Support with standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.

**Qualifications**:

- 10+ years of experience.
- MS Excel, MS Access, SAS, SQL, Visual Basic a plus. 5+ years’ experience in financial services.
- Consistently demonstrates clear and concise written and verbal communication skills
- Effective organizational influencing skills required.
- Third party vendor management preferred. Demonstrated ability to lead global team efforts
- Excellent problem-solving skills Ability to comprehend the big pictures with high attention to critical details
- Demonstrated ability to develop and implement strategy and process improvement initiatives.

**Education**:

- Bachelor's/University degree, Master's degree preferred.**Job Family Group**:
Risk Management
- **Job Family**:
Business Risk & Control
- **Time Type**:
Full time
- 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.

View the "**EEO is the Law**" poster. View the **EEO is the Law Supplement**.

View the **EEO Policy Statement**.

View the **Pay Transparency Posting

  • Business Risk and Control Officer

    6 months ago

    Mumbai, Maharashtra, India Citi Full time

    The Closing & Validation Quality Assurance (CVQA) team, part of Finance QA Testing and Validation group within the Finance Chief Operating Officer (COO) organization is responsible for the design and implementation of risk and control frameworks that span the Finance function globally. The CVQA Team manages the quality and control of documentation across the...

  • Business Risk and Control Officer

    2 months ago

    Mumbai, Maharashtra, India Citi Full time

    **Responsibilities**: - Supports the Global Operations AML/KYC Controls Testing Utility by acting on assessing control design, designing control testing tools, developing control testing procedures, ensure control testing transitions, dispositioning exceptions, and developing insights. - Carries key responsibility for Control Design Assessment (CDA) by...

  • Finance Risk and Control Officer

    3 months ago

    Mumbai, Maharashtra, India Citi Full time

    **What you’ll do**: - Identify operational risks and effective implement solutions, by performing Pre-Audit Readiness Reviews. - Support International Controllers in the Audit Management process. - Perform control deep dives across all business areas and countries, to identify control deficiencies, control best practices and consistency of approach. -...

  • Avp- Business Risk and Control-tableau Reporting

    4 months ago

    Mumbai, Maharashtra, India Citi Full time

    **Responsibilities**: - Help coordinate governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e.. Risk & Control Self-Assessment) as required by the MCA Standard including the assessment and appropriate approval of risk associated with business changes. - Assist in contributing to the quality, completeness, and accuracy...

  • Business Risk Officer

    6 months ago

    Mumbai, Maharashtra, India Citi Full time

    Citi’s Client organization focuses on strengthening how we deliver for clients across the bank by taking a comprehensive view of our client relationships, ensuring that we deliver one Citi in a consistent and disciplined way through a centralized view of our client strategy, segmentation, and coverage model. Citi’s Client organization brings together key...

  • Analyst, Global Risk Analysis

    4 weeks ago

    Mumbai, India Control Risks Full time

    The successful candidate will play a leading role in delivering and developing Control Risks’ cutting-edge analysis of political, security, operational and macro-economic risks across South Asia. They will also help drive Control Risks’ thematic and comparative analysis on the region.The role will involve providing expert advice to leading companies and...

  • Fic Risk and Control Assessment

    3 months ago

    Mumbai, Maharashtra, India Deutsche Bank Full time

    **FIC Risk and Control Assessment (RCA)**: **Job ID**:R0353530**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-09-19**Location**:Mumbai**Position Overview**: **Job Title**:FIC Risk and Control Assessment (RCA)** **Location: Mumbai, India** **Corporate Title: AVP** **Role Description** The Business Control Unit (BCU) is a 1st Line...

  • Svp-business Risk and Control- C14

    1 month ago

    Mumbai, Maharashtra, India Citi Full time

    The Business Risk and Control Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of...

  • Avp - Business Risk and Control-reporting &

    2 months ago

    Mumbai, Maharashtra, India Citi Full time

    Communications, Reporting & Analysis (CRA) is part of Citi’s COO Controls organization, which supports the Enterprise by creating and implementing methodologies to measure and escalate Operational Risk. The team develops and maintains reports and tools and is responsible for leading projects and automation efforts to lead and deliver transformational...

  • Data Risk Controller

    2 weeks ago

    Pune, Maharashtra, India UBS Full time

    India - Risk - Group Functions **Job Reference #** - 304963BR **City** - Pune **Job Type** - Full Time **Your role** - Are you an experienced practitioner in the area of Data Management, including exposure to use of Big data, data commercialization and other advanced use of Data? Are you risk minded and do you advocate for the importance of operational...

  • Executive - Credit Control

    2 months ago

    Navi Mumbai, Maharashtra, India Control Union Full time

    Asia India Navi Mumbai fulltime Permanent An exciting opportunity has arisen at **Accounts & Finance **at **Navi Mumbai**, India for **EXECUTIVE - CREDIT CONTROL.** Are you **persistent, service-oriented, self-driven and target-oriented **and do you want to be part of our international network? Then we are looking for you! **Tasks and...

  • Business Risk Officer

    3 months ago

    Mumbai, Maharashtra, India Citi Full time

    **About Citi** Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet...

  • Global Fp&a Risk and Control

    6 months ago

    Mumbai, Maharashtra, India Citi Full time

    **Global Financial Planning & Analysis (Global FP&A)** **Manager (C11) - Global FP&A Risk & Controls - MCA Analyst - Mumbai** **Job Purpose** An excellent opportunity for results-oriented individuals seeking a career within Citigroup, and more specifically within the Finance Division. The purpose of the role will be to support the Global Financial...

  • Risk Controls Manager

    6 months ago

    Mumbai, India JPMorgan Chase & Co. Full time

    Control Manager maintains a strong and consistent control environment through a joint accountability model that aligns managers with each line of business, function, and region to mitigate operational risk. The team focuses on four areas: Risk Identification & Assessment, Control Design & Evaluation, Issue Management, and Control Governance & Reporting. ...

  • Risk & Control - Associate

    6 months ago

    Goregaon East, Mumbai, Maharashtra, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** This role resides within the APAC CIB Payments CS&I Advocacy and Control Execution organization and is accountable for supporting the effective execution of the firm wide operational risk and control framework across the CIB Payments Regional Implementations and Corporate Centers CS&I business covering Mumbai. Specifically, the position...

  • Cb Dco

    3 months ago

    Mumbai, Maharashtra, India Deutsche Bank Full time

    **CB DCO - Risk & Control Assessment (RCA)**: **Job ID**:R0347180**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-09-04**Location**:Mumbai**Position Overview**: **Job Title: DCO - Risk & Control Assessment (RCA) - Vice President** **Location: Mumbai, India** **Role Description** Divisional Control Office (DCO) team ensures that the...

  • Dco - Risk & Control Assessment (Rca) - Associate

    1 month ago

    Mumbai, Maharashtra, India Deutsche Bank Full time

    **DCO - Risk & Control Assessment (RCA) - Associate**: **Job ID**:R0347192**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-10-29**Location**:Mumbai**Position Overview**: **Job Title: DCO - Risk & Control Assessment (RCA) - Associate** **Location: Mumbai, India** **Role Description** Divisional Control Office (DCO) team ensures that...

  • Officer - Risk and Control Treasury

    4 months ago

    Mumbai, Maharashtra, India Citi Full time

    The Securities & Derivative Analyst 1 is an entry level position responsible for managing regulatory reports related to Treasury Operations. This also requires close co-ordination with Operations units and stakeholders across the bank. Responsible for reviewing the related guidelines for accurate submission of reports and driving automation...

  • Divisional Risk and Control

    3 months ago

    Pune, Maharashtra, India Deutsche Bank Full time

    **Divisional Risk and Control**: **Job ID**:R0349005**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-09-18**Location**:Pune**Position Overview**: **Job Title - Divisional Risk and Control, Associate** **Location - Pune** **Role Description** - Perform risk monitoring and independent risk assessments - Drive and deliver risk and...

  • Business Risk Officer

    6 months ago

    Mumbai, Maharashtra, India Citi Full time

    **Department Overview** Citi’s Client organization focuses on strengthening how we deliver for clients across the bank by taking a comprehensive view of our client relationships, ensuring that we deliver one Citi in a consistent and disciplined way through a centralized view of our client strategy, segmentation, and coverage model. Citi’s Client...