Full-Time

Business Risk and Control Officer

Issue Management, VP, Hybrid

Posted on 11/18/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$103.9k - $155.9kAnnually

+ Incentive Awards + Retention Awards

Senior

Tampa, FL, USA

Hybrid position requiring in-office presence.

Category
Risk Management
Finance & Banking
Requirements
  • Degree from a top tier academic institution.
  • 6-10 years of working experience, preferably in financial services.
  • Ability to multi-task and be dynamic across a number of priorities.
  • Demonstrated experience in guiding deliverables and recommendations and taking initiative on projects or team tasks.
  • Highly organized with an ability to keep other team members organized and on task.
  • Track record of success in completing assigned tasks in a timely, high-quality manner.
  • Capable of driving outcomes independently and escalating issues as encountered.
  • Excellent communication skills and the ability to interact with colleagues across disparate businesses, regions, and cultures.
  • Experience in development of control frameworks, risk frameworks, controls development across business processes or technology, possibly in a consulting or strategy role.
  • Proficient with Microsoft Office suite, amongst other business applications.
  • A demonstrated ability to work collaboratively within and across project teams, functional and business units.
Responsibilities
  • Contribute to an effective enterprise-wide end-to-end issue management program, including robust root cause analysis, gap analysis, timely remediation, and effective ongoing governance and reporting
  • Support an effective issue remediation, providing thoughtful, critical challenge when needed, to help facilitate the design and implementation of automated controls/solutions and metrics wherever possible
  • For specific projects, the individual will lead tasks related to business requirement, ensuring timely and efficient execution resulting in high-quality output
  • Responsible for business process review team coordination, communication of key risks to completion, and output documentation.
  • Builds and guides the development of concise presentations for review by senior members of the team.
  • Consumes complex business information quickly and synthesizes in an efficient manner.
  • Evaluates business processes for efficiency and proper controls with the assistance of the SVP and Director.
  • Develops high-quality relationships with key stakeholders across the organization.
  • Anticipates next steps and challenges, where possible, to avoid delays or other pitfalls.
  • Applies critical thought in evaluating business problems, articulates problem statements concisely and guides the development of logical, pragmatic control recommendations and issue resolutions.

Citigroup provides a variety of financial services to a wide range of clients, including individuals, businesses, and governments. Its offerings include consumer banking, credit services, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, demonstrated through its investments in environmental, social, and governance initiatives. The company's goal is to create a positive financial and social impact while ensuring growth and profitability.

Company Stage

N/A

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
  • The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
  • Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.

What critics are saying

  • Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
  • Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.

What makes Citigroup unique

  • Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
  • The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
  • Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.

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