VP - ICG ORM: New Activity and Product Risk Coordinator

21 Nov 2024

Vacancy expired!

The Operational Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. 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. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.The role is part of the ICG Operational Risk Management team and will provide their expertise to ensure compliance with Citi’s Operational Risk Framework and related policies and procedures. More specifically the role will primarily focus on challenging operational risks of new and existing Products across Citi ICG Businesses, utilizing core tools that are part of the ORM framework, in particular the Manager’s Control Assessment result, to provide effective oversight and help coordinate the 2nd line independent opinion (Operational Risk Business Coverage Officers, Risk SMEs and Regional Coverage Officers).The ORM VP will also assist with the development and enhancement and maintenance of the Operational Risk Framework related to product risk rating and new initiative (as applicable) and coordinate with Regional ORM teams for resolution of issues and/or emerging risks that have global implications.This position will work closely with independent risk coverage officers across ORM and the Independent Risk Product Governance Group, as well as the first line Business Managers, Product Managers, In-Business Operational Risk and Control Managers in carrying out job responsibilities.KEY RESPONSIBILITIESGovernance & Oversight for new activities and product risk rating

Lead coordination within ICG ORM to support risk rating challenge of new and existing product risk rating

Together with the Business and Functional coverage leads, support the creation of an appropriate engagement model with the business to enable meaningful challenge and oversight

Develop appropriate ORM trainings and procedures related to new activity governance and product risk rating challenge

Coordinate the challenge for New Activities between business coverage, Risk SME and regional coverage.

Perform analysis as related to risk rating and MCA and other ORM framework element to fully understand connections and thematic observations

Be a leader and the voice of ICG ORM in evolving the 2nd line framework as it relate to product risk rating governance

Foster and maintain strong working relationship with the Business as a valued and respected partner

Keep abreast of latest risk management techniques and industry best practices

Ensure adherence to ICG Operational Risk procedures; provide feedback for the continuous improvement of these procedures to strengthen 2nd line of defense oversight

Qualifications:Knowledge /ExperienceBachelor’s Degree in Business, Finance, Accountancy, Law, or related experience

Work experience of 7+ years in the financial services industry in a risk related field, such as Operational Risk Management, Compliance, Audit, Control, Business Risk

In depth knowledge of ICG products and businesses

Experience working in complex and rapidly changing Businesses

Ability to synthesize complex issues/root causes into plain language that can be more readily addressed

Experience with the Managers Control Framework (also known as RCSA) a plus

SkillsStrong analytical and conceptual skills.

Ability to work independently and perform credible challenge of a business

Effective team player and contributor in dynamic and shifting teams

Excellent communication and interpersonal skills

Ability to work collaboratively within and across functions and Lines of Defense

CompetenciesProficient in MS Office applications necessary for executing job responsibilities (Excel and PowerPoint)

Excellent data / quantitative analysis skills

Strong presentation skills (ability to draft and present to senior audience)

Job Family Group:Risk ManagementJob Family:Operational RiskTime Type: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.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 Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Effective November 1, 2021, Citi requires that all successful applicants must be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Full-time
  • ID: #23219631
  • State: Florida Tampa bay area 33601 Tampa bay area USA
  • City: Tampa bay area
  • Salary: USD TBD TBD
  • Showed: 2021-11-21
  • Deadline: 2022-01-20
  • Category: Et cetera