Operational Risk Analyst I

The Enterprise Operations and Technology EO T Third Party Management Operations TPM Ops provides operational support process guidance and quality assurance and quality control oversight to businesses across Citi leveraging a central utility infrastructure standardized processes and operating procedures to execute robust risk management activities throughout the third-party management life cycle The Third-Party Risk Analyst II will be responsible for executing day-to-day activities in support of Citis Third-Party Management Program including the implementation of key standardized processes related to compliance with Citis policies and standards guiding internal stakeholders Strong communication and diplomacy skills is required Completion of activities related to Third Party lifecycle and ensuring data accuracy for the reporting of third-party related metrics The analyst is expected to understand Third Party Life Cycle Management process in detail and ensure the associated risks are mitigated in line with Citi requirement for suppliers Responsibilities Demonstrate Strong knowledge about Third Party Lifecycle Management Regulatory guidelines Contract Terms conditions Information Security Regulations OCC GDPR Data Privacy Laws and Country specific Local Laws etc Providing process guidance and support to Third Party Officers TPOs Business Activity Owners BAOs and other business stakeholders on end-to-end Third-Party Management requirements and set up periodical review meeting with all the stakeholders Facilitating and coordinating with various Policy Owners in areas such as Data Privacy Export Licensing Information Security and Continuity of Business CoB Act as Level 1 Reviewer in the team and understand the nuances of the Third-Party Management process in detail Participates in team meetings to analyze documentation and processes to ensure risks and control points are properly addressed Assists management group in gathering data and information for supervisors reporting and to take ownership of specified projects and tasks Verify if third parties policies and procedures are complaint to Citis policies and procedures Identify and report gaps if any to senior management Identify opportunities for better control and productivity enhancement through various process reengineering initiatives and automation projects including but not limited to Robotic Process Automations Analyzing the data and forecast trends with respect to inherent risk associated with third parties and build controls to mitigate such risks Work with Operations standards team to identify the process gaps and take measures in mitigating the same Work with seniors as appropriate on data related for Internal and external Auditors and ensure timely and accurate submission of all deliverables and ensure that all comments are addressed observations are reported correctly and corrective action is taken accordingly Initiate process changes in line with new emerging risks and regulatory requirements Strong organization skills with proven ability to successfully manage multiple priorities Detail oriented with strong problem solving and analytical skills Excellent relationship management skills with ability to build partnerships across Citi businesses Strong risk process and project management skills with proven ability to influence and drive results across a diverse team of stakeholders Proven ability to interact effectively with diverse cultures and backgrounds Qualifications Minimum 6 years of working experience in financial services Banking industry Professional Qualification preferably CA freshers Excellent Communication skills Good excel skills Education Bachelors degree required Professional Qualification - CA preferred Job Family Group Risk ManagementJob Family Operational RiskTime Type Full timeCiti 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 Citigroup Inc and its subsidiaries Citi invite all qualified interested applicants to apply for career opportunities 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 View the poster View the View the View the