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The Risk Operations Sr Grp Mgr manages multiple teams through other managers. In-depth understanding of how own sub-function contributes to achieving the objectives of Treasury GPO Risk and Control. A good understanding of the industry, including risk events, is also necessary in order to contribute to the risk mitigation and management objectives of the Treasury function. Requires thorough understanding of strategic direction of the function within Finance, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an integral member of the functional leadership team within a country/site location, job family, or line of business.Responsibilities include:Functional leadership and oversight of in-business risk across Treasury functions.
Implementation and maintenance of a robust Risk and Control Self-assessment system/Managers' Control Assessment (MCA) framework.
Oversight and management of Key Risk Indicators (KRI) with relevant departments, defining and updating function-specific KRIs in order to fit to regulations and business nature, scale, and character; Quarterly collection of KRI data, analysis of the KRI result, investigation of the root cause/rationale for KRI breaches and corresponding CAPs.
Closely monitoring the status of issues and Corrective Action Plans (CAP) and validating the CAP completion documents before issue closure.
Support the execution and expansion of the Treasury Business Risk Control Committee meetings on a quarterly basis, provide transparency on a continuous and consolidated basis for significant Compliance and Control reporting.
Proactively monitor risks and make recommendations to the businesses and control functions, assisting with implementation.
Continually focus on improving processes that offer operational and productivity efficiencies and proactively engage with businesses to assess their risk and control environments.
Work with the businesses, regional management and ORM when operational losses arise to understand the root causes and implement process changes to avoid re-occurrence including oversight of Lessons Learned for Treasury.
Provides leadership in optimization and efficiencies in control practices for the business as well as the resolution of cross business issues.
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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:15+ years of experience in risk advisory, operational risk, and/or internal control related functions within the banking sector
Experienced negotiator - able to identify and influence key decision makers across various levels and functions within the organization; diffuse conflict and work toward agreement.
Consistently demonstrates clear and concise written and verbal communication skills
Proficient in Microsoft Office with an emphasis on MS Excel
Self-motivated and detail oriented
Ability to take reasoned decisions under pressure
Advanced Presentation skills - comfortable with public speaking across various forums and be able to effectively and logically communicate when ideas are being challenged in an open forum
Education:Bachelor’s/University degree, Master’s degree preferred and managerial experience
Job Family Group:Risk ManagementJob Family:Risk Exposure Monitoring & ManagementTime 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 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