Business Risk

Whether you're at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks.  We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You'll also have the chance to give back and make a positive impact where we live and work through volunteerism.

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The Control Assessment and Central Testing functions partner with the Control Owners and the In-business Control Teams to conduct all the M&T activities for the key controls in scope of the CTU - this includes the control design assessment (CDA), the development of tools for operational effectiveness monitoring (OEM) and operational effectiveness testing (OET), the assessment of the design of the OEM & OET tools (MDA & TDA), the execution to the OEM & OET activities, and the disposition of the exceptions identified through the M&T activities.

The Central Testing function is primarily based out of Citi Service Centers in India. It is structured along three verticals: (1) M&T Execution, (2) M&T Automation, and (3) Strategy & Governance. The identified candidate for this role will be part of the M&T Execution, Control & Monitoring Design Assessment team.

Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That's why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

• We empower our employees to manage their financial well-being and help them plan for the future.

• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

In this role, you're expected to:

• The primary function of this position is the timely execution of the Managers Control Assessment (MCA) program

• Have a good understanding of the Risk & control framework and the underlying fundamentals on Risk Management

• Perform control testing and involve in publication of test reports

• Lead / participate in strategic initiatives viz. control performance enhancement, etc.

• Involve in Control & Monitoring Design Assessment (CMDA) meetings and provide expertise/ guidance in drafting the procedures

• Participate in meetings to analyze documentation and processes to ensure risks and control points are properly addressed

• Pro-actively identify any monitoring breaks and suggest enhancements

• Serve as partner to the onshore team & controls group and involve in Risk redesign or any other reengineering initiative

• Ensure 100% delivery is achieved as per the agreed SLA

• Manage a strong stakeholder connect through regular touchpoint meetings

As a successful candidate, you'd ideally have the following skills and exposure:

• 7+ to 10 years of relevant experience in Operational Risk, etc.

• Experience in working with the various risk and control systems and reporting requirements

• Excellent verbal and written communication skills

• Customer focused with excellent Interpersonal skills and ability to work well in a team environment collaborating across diverse groups

• Demonstrated understanding of operational risk and gap identification
  Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements

• Self-motivated and detail oriented

• Exhibit problem-solving and decision-making skills

Education:

Bachelor's/University degree

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

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