The Business Risk and Control 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 Wealth Operations. Developed communication and diplomacy skills are required in order to guide, influence, and convince others, in particular colleagues in other areas. Provides advice and counsel related to risk management within Wealth Operations. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
 

Responsibilities

As a first line of defense risk and control partner, collaborate with North & Latin America Wealth Operations in performing key risk management activities in accordance with policy and procedure requirements. Collaboration includes, but not limited to:

• Identifying, assessing, escalating, and dispositioning events throughout the escalation lifecycle
• Identifying and evaluating issues, including assessing root cause analysis to support the development of effective Corrective Action Plans (CAPs) and corresponding timelines
• Remediating and closing issues and CAPs, including validating supporting documentation used for closure and engaging risk partners across all three lines of defense
• Collecting, capturing, and submitting Operational Risk Events (OREs) into the Loss Capture System (LCS)
• Evaluating internal and external review data and information requests, including relationship management with risk partners across all three lines of defense
• Assessing the execution of Transformation related deliverables, including reviewing supporting documentation and engaging risk partners across all three lines of defense
• Engagement in strategic initiatives, including collaboration with key stakeholders and risk partners across all three lines of defense
• Develop and manage risk management reporting related to governance forums
• Contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA)
• Facilitate Lessons Learned event analysis, including documentation and collaboration with key stakeholders and risk partners across all three lines of defense
• Engagement in the planning and execution of the Scenario Analysis Program and the underlying scenarios
• Providing risk and control guidance in accordance with Enterprise Risk Management Framework
   

Qualifications

• Strong understanding of an Enterprise Risk Management Framework
• 6+ years of financial services risk management experience. Prior Wealth Operations and/or internal or external audit experience is a plus.
• Robust understanding of an effective control environment, including control design and operating effectiveness
• Strong problem-solving skills; comfortable tackling complex problems by breaking down into manageable portions
• Ability to work in a fast-paced, dynamic, and global environment, including strong communication, facilitation, and consensus-building skills
• Detailed oriented, including strong organization and project management skills to meet strict deadlines

Education

• Bachelor’s/University degree, Master’s degree preferred.

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Job Family Group:

Risk Management

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Job Family:

Business Risk & Control

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Time Type:

Full time

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Primary Location:

Tampa Florida United States

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Primary Location Full Time Salary Range:

$103,920.00 - $155,880.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Oct 18, 2024

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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.

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