Full-Time
Operational Risk Sr Officer I
C14, Hybrid, Tampa/Houston
Confirmed live in the last 24 hours
Citigroup
10,001+ employees
Global financial services and banking solutions
Compensation Overview
$130.9k - $196.3kAnnually
Senior
Houston, TX, USA + 1 more
More locations: Tampa, FL, USA
Hybrid role; requires in-office presence.
- Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. Advanced degrees (MBA, Master's) preferred.
- Minimum of 15 years of experience in risk management, with a significant focus on physical commodities trading and logistics.
- In-depth knowledge of commodities markets, trading practices, and logistics operations.
- Strong understanding of risk control frameworks, regulatory requirements, and industry standards.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication and interpersonal skills, with the ability to work collaboratively with cross-functional teams and senior leadership.
- Understanding of Operational Risk Management framework tools including Control Assessments, Scenario Analysis, Event Reviews etc.
- Knows how the business works in context of the market – aware of current and future strategies, tactics, trends, policies, and practices.
- Robust understanding of the construction of an effective control environment.
- Build and maintain effective relationships with Business Partners, establishing credibility by understanding the business, their needs, strategic priorities, and challenges.
- Comfortable challenging within any of the 3 Lines of Defense, and at all levels of the organization, regarding the application of the risk management framework e.g., risk policies, technology & tools, governance processes etc.
- Embrace a level of professional skepticism, naturally seeking to remain objective & validate answers provided before making key decisions.
- Identification of remediation plans and future prevention strategies, adhering to, and promoting good compliance with, Issue and CAP policy
- Lead the identification, assessment, and monitoring of operational risks associated with commodities trading and logistics.
- Develop and implement advanced risk assessment methodologies and tools to evaluate potential risks.
- Design and oversee the implementation of effective control measures to mitigate identified risks.
- Ensure strict compliance with regulatory requirements and internal policies.
- Develop, maintain, and continuously improve risk control frameworks and risk registers.
- Oversee the continuous monitoring of operational risks and control effectiveness.
- Prepare and present regular risk reports for senior management and stakeholders.
- Escalate significant risk issues and breaches to executive management.
- Work closely with trading, logistics, compliance, and other relevant departments to ensure a comprehensive approach to risk management.
- Provide strategic risk advisory and support to business units and senior leadership
- Monitor metrics and key risk indicators, analyze, monitor emerging trends.
- Assists management in achieving and maintaining strategic objectives, promotes efficiency, reduces the risk of loss, and helps ensure compliance with corporate policies, procedures, laws, and regulatory requirements.
- 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.
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
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -9%
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.
Help us improve and share your feedback! Did you find this helpful?