Full-Time

In-Business Controls Lead

SVP

Posted on 12/4/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$144.5k - $216.7kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Tampa, FL, USA + 1 more

More locations: Irving, TX, USA

Primary location is Irving, Texas; secondary location is Tampa, Florida.

Category
Management Consulting
Consulting
Required Skills
Tableau
Risk Management
Data Analysis
Excel/Numbers/Sheets

You match the following Citigroup's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 10+ years of experience.
  • Risk and Control professional
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Effective organizational influencing skills required.
  • Experience in overseeing and implementing large scale transformation programs within global financial institutions.
  • Excellent problem-solving skills
  • Ability to comprehend the big pictures with high attention to critical details
  • Demonstrated ability to develop and implement strategy and process improvement initiatives.
  • Fluency in MS PowerPoint, MS Excel, Tableau
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.
  • Support the oversight and delivery large scale transformation programs within supported stakeholder functions, including MCA program components and enterprise-wide control enhancement initiatives.
  • Accountable for the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management 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 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 First Line Units (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.
  • Take ownership to ensure that risk and control responsibilities and accountabilities are embedded within FLUs, including providing training and leading by example.
  • Assess, with management, the risks associated with New Activities and changes to the Business, ensuring these are well understood and adequately controlled (if applicable).
  • 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.
Desired Qualifications
  • Master's degree preferred.

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. Citigroup generates revenue through interest from loans, fees from banking services, and commissions from investment activities. What sets Citigroup apart from its competitors is its extensive global reach and commitment to sustainability, as evidenced by its investments in environmental, social, and governance initiatives. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

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What believers are saying

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What critics are saying

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What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The partnership with Mastercard for Google Pay Plex accounts enhances Citi's digital banking presence.
  • Citi's 'Green Deposits' cater to the growing demand for sustainable banking solutions.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays

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