Business Risk And Control Sr Officer I

The Business Risk and Control Sr Officer I is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business Typically a small number of people within the business that provide the same level of expertise Excellent communication skills required in order to negotiate internally often at a senior level Developed communication and diplomacy skills are required in order to guide influence and convince others in particular colleagues in other areas and occasional external customers Accountable for significant direct business results or authoritative advice regarding the operations of the business Necessitates a degree of responsibility over technical strategy Primarily affects a sub-function Responsible for handling staff management issues including resource management and allocation of work within the team project Responsibilities Work with Management on 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 Accountable for 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 Ensure the identification of issue root cause partnering with control and process owners to recommend holistic corrective actions and improvements provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies Direct teams in the implementation of 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 management in 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 With management direct teams on the timeliness accuracy and completeness of the MCA through controls prior to the execution of a process QC Assess with management the adherence to the MCA Standard through controls after the execution of a process QA Assist management in exercising control over Operational and Compliance Risk in accordance with established Policy requirements Help management allocate resource 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 Assess with management Risk Appetite and monitor assess exposures against this in accordance with enterprise requirements if applicable Take ownership to identify assess record and response to Operational and Compliance Risk events ensuring these are captured accurately timely and in accordance with requirements Responsible that adequate governance and training are in place to support management of Risk profiles Assess with management the risks associated with New Activities and changes to the Business ensuring these are well understood and adequately controlled if applicable Support management on operational risk scenario analysis and stress testing for Operational Risk Capital requirements Be responsible of risk and control assessments or coordination for programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business e g third party fraud sanctions etc if applicable Take ownership to ensure that risk and control responsibilities and accountabilities are embedded within FLUs including providing training and leading by example Assist management in guiding and influencing standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management Apply knowledge of the business products or services to identify and implement control points and processes throughout the business Appropriately assess risk when business decisions are made demonstrating particular consideration for the firm s reputation and safeguarding Citigroup its clients and assets by driving compliance with applicable laws rules and regulations adhering to Policy applying sound ethical judgment regarding personal behaviour conduct and business practices and escalating managing and reporting control issues with transparency Qualifications 10 years of experience Familiarity with 3rd party risk models Consistently demonstrates clear and concise written and verbal communication skills SQL Perl or Python Matlab or R Excel VBA Database administrator experience is a plus Education Bachelor s University degree Master s degree preferred Job Family Group Risk Management Job Family Business Risk Control Time Type Full time Most Relevant Skills Credible Challenge Data Analysis Laws and Regulations Management Reporting Policy and Procedure Referral and Escalation Risk Controls and Monitors Risk Identification and Assessment Risk Remediation Other Relevant Skills For complementary skills please see above and or contact the recruiter Citi is an equal opportunity employer and qualified candidates will receive consideration without regard to their race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other characteristic protected by law 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 Citi s and the poster