Full-Time

VP / Business Risk and Control Officer

Posted on 3/21/2025

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Compensation Overview

$103.9k - $155.9k/yr

+ Incentive Awards + Retention Awards

Senior, Expert

Jacksonville, FL, USA

Category
Risk Management
Finance & Banking
Required Skills
Risk Management
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 6-10 years of relevant experience in Risk & Controls, preferably in financial services.
  • Experience in MCA Transformation efforts highly desired; Experience in controls execution & monitoring; for MCA, Issue Management, risk identification, assessment and reporting.
  • Experience managing large projects in complex operational environment.
  • Experience preparing presentations in PowerPoint for senior management.
  • Ability to work effectively in a cross-functional organization.
  • Demonstrated ability to develop and implement strategy and process improvement initiatives.
  • Demonstrated understanding of business procedures, financial services, control and regulatory industry knowledge.
  • Excellent communication skills required in order to facilitate reviews with senior stakeholders and control partners, consistently demonstrates clear and concise written and verbal communication skills.
  • Effective organizational influencing skills required.
  • Excellent problem-solving skills, ability to see the big picture with high attention to critical details.
Responsibilities
  • Analyze and report horizontal key control metrics specific to MCA/control effectiveness, Issues management, and audit/exam performance, Regulatory Change Management.
  • Support/coordinate Manager’s Control Assessment activities required by the MCA policies and Standard, including supporting MCA Transformation efforts.
  • Support aggregation of Operational risk information and metrics horizontally across SMB&IC Ops​.
  • Identify and escalate, as warranted, trends across Operations indicative of control inadequacies and/or gaps​.
  • Support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy and Control Inventory.
  • Assist in performing a detailed analysis on the identification of issue root cause, partnering with control and process owners to recommendations holistic corrective actions and improvements, provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies.
  • Support the review and challenge process, within the 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.
  • Help contribute to the timeliness, accuracy and completeness of the MCA through controls prior to the execution of a process (QC).
  • Assist in the monitoring of the adherence to the MCA Standard through controls after the execution of a process (QA).
  • Support in dealing with Operational and Compliance Risk in accordance with established Policy requirements.
  • Assist in performing a detailed analysis 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.
  • Assist in supporting Risk Appetite and monitor / assess exposures against this in accordance with enterprise requirements (if applicable).
  • Be part of the process to identify, assess, record and response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
  • Help ensure that adequate governance and training are in place to support management of Risk profiles.
  • Support with risk and control assessments or coordination for programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business (e.g. third party, fraud, sanctions etc) (if applicable).
  • Coordinate risk and control responsibilities and ensure accountabilities are embedded within FLUs, including providing training and leading by example.
  • Support with standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
  • 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Desired Qualifications
  • Experience in MCA Transformation efforts highly desired.

Citigroup provides a wide range of financial services, including consumer banking, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to serve a diverse clientele that includes individuals, small businesses, large corporations, and government entities. Citigroup's products work by offering loans, managing investments, and facilitating transactions, all while generating revenue through interest, service fees, and trading activities. What sets Citigroup apart from its competitors is its extensive global network and focus on technological advancements that enhance the banking experience. The company's goal is to create a positive financial and social impact through its services while maintaining growth and profitability.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's investment in Proxymity enhances transparency in investor communications.
  • Participation in Omnidian's funding supports growth in clean energy investments.
  • Citi's role in Danaos' debt syndicate strengthens its position in corporate financing.

What critics are saying

  • Increased competition from fintechs like Brex threatens Citi's market share.
  • Investments in Validis may not integrate well with existing systems.
  • Financial exposure in Danaos' debt syndicate poses risks if market conditions worsen.

What makes Citigroup unique

  • Citi's global presence in over 160 countries enhances its competitive edge.
  • Strong focus on ESG initiatives aligns Citi with global sustainability goals.
  • Technological innovations in digital banking improve customer engagement and efficiency.

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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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

-5%
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