Full-Time

VP – Operational Risk and Data Technology Officer

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$129.8k - $194.8kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

New York, NY, USA

Hybrid position based in New York.

Category
Operations Consulting
Consulting
Required Skills
Power BI
Word/Pages/Docs
Tableau
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • 6-10 years experience in product program governance and risk management framework.
  • Skills in risk management, business analysis, data, analytics, databases, data quality are desired; experience in database tools, Tableau, Power BI, visualization is preferred.
  • Strong team player with excellent work ethics, attention to details and accuracy.
  • Quick learner with strong communication, organizational & interpersonal skills with the ability to work with counterparts in various areas in the organization.
  • Should have Excellent proficiency in Microsoft Office – particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation).
  • Good understanding of Risk Management and Operational Risk Management with some basic understanding of Financial Models.
  • Knowledge of Data Governance and Strategy a plus.
  • Bachelor’s/University degree required, Master’s degree preferred.
Responsibilities
  • Establishes and oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
  • Independently assess’ risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
  • Define and manage Operational Risk Management Products, liaise with stakeholders and technology partners.
  • Responsible for oversight and execution of critical ORM Initiatives as a Program/Project manager, with required SME input.
  • Define and manage Operational Risk Data Strategy including but not limited to performing data analysis to derive insights that can be used for effective identification and management of Operational Risk.
  • Develop and maintain strong relationships with senior stakeholders across multiple organizations (internal and external).
  • Define Scope, Strategy and Success criteria for Operational Risk Transformation Programs.
  • Identify risks, issues and critical interdependencies across programs/initiatives.
  • Define requirements and manage Book of Work execution for Operational Risk Applications in the capacity of Product Owner.
  • Manage adherence with all Citi Internal Processes including but not limited to creating and managing documentation that can evidence adherence.
  • Provide Execution and Oversight support for Transformation Programs including effective Independent Challenge.
  • Manage all program/project execution artifacts required for Business Completion and IA Validation of regulatory milestones and deliverables.
  • Governance and oversight may include (not limited to) technology operational risk, risk for example.
  • Execution ownership of ORM assigned Consent Order RBCM (Regulatory Business Milestones).
  • Ownership, Execution, Delivery or ORM owned Programs/ Projects.
  • Resolves transactional level escalations coming from the vendor or internal partners.
  • Analyzes a multitude of scorecards/performance management tools in an attempt to mitigate exposure (risk/financial/regulatory).
  • Monitors goals are met through performance, risk and relationship oversight of our extended supply chain.
  • Collaborates to resolve any issues which fall within the terms of the contract.
  • Develops and maintains relationships across the business users and Lines of Defense to better understand and deliver customer requirements by responding to changes in the internal and external business environment.
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.
  • 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.

Citigroup provides a wide range of financial services, including consumer banking, corporate and investment banking, and wealth management, to clients around the world. Its services allow individuals and businesses to manage their finances, access credit, and invest in various markets. Citigroup operates in over 160 countries, utilizing its global network to facilitate cross-border transactions and offer tailored financial solutions. Unlike many competitors, Citigroup emphasizes sustainability and social responsibility, investing in environmental, social, and governance initiatives. The company's goal is to create a positive impact on society while achieving growth and profitability.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

1812

Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Investment in blockchain enhances cross-border transaction capabilities and client services.
  • Partnership with SeQura aligns with global strategy, expanding footprint in key markets.
  • Debt funding for iwoca supports SME growth, increasing lending opportunities and revenue.

What critics are saying

  • Competition from fintechs like SeQura could challenge Citi's market share.
  • Blockchain investments expose Citi to volatility and regulatory uncertainties.
  • Partnership with Pylon may lead to operational risks if integration is not smooth.

What makes Citigroup unique

  • Citi operates in over 160 countries, offering a vast global network.
  • The company integrates advanced technology to enhance financial services and market reach.
  • Citi's commitment to ESG initiatives strengthens its reputation and client relationships.

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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