Full-Time

Control Design Assessment and Testing Leader / Business Risk and Control Officer

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Compensation Overview

$103.9k - $155.9k/yr

+ Incentive Awards + Retention Awards

Senior

Florence, KY, USA + 1 more

More locations: Jacksonville, FL, USA

Hybrid position; less than 10% travel requirement.

Category
Risk Management
Finance & Banking
Required Skills
Word/Pages/Docs
Risk Management
Confluence
Excel/Numbers/Sheets
Requirements
  • 5+ years relevant experience, 3+ years in Risk & Controls roles.
  • Subject matter expert on controls design, execution and/or control testing.
  • Excellent understanding of MCA (Managers Control Assessment) frameworks and processes.
  • Advanced skills in MS Word, MS Excel, MS PowerPoint, and MS SharePoint.
  • Effective communication, written and presentation skills.
  • Strong people and relationship management skills with the ability to influence others and foster a sense of collaboration.
  • Independent thinker and able to perform a credible challenge of businesses/functions.
Responsibilities
  • Supports the Wealth Client Segments Control Testing Utility by acting on assessing control design, designing control testing tools, developing control testing procedures, ensure control testing transitions, dispositioning exceptions, and developing insights.
  • Carries key responsibility for Control Design Assessment (CDA) by executing CDA checklist/procedures for controls and recording results in Citi Risk & Control (CRC).
  • Owns significant portions of control testing design activity, which includes writing control testing tool descriptions, and completing control testing and QUEST setup.
  • Develops control testing procedures in Confluence and is responsible for obtaining necessary signoffs from covered businesses and functions.
  • Performs a uniquely significant role on training Central Execution team overseas on all designed control testing tools and established control testing procedures.
  • Has the ultimate decision on controls testing outlier disputes, holds the responsibility to raise concerns through IMPACT Concerns or QUEST Observation Logs based on the Business.
  • Creates materials for Operational Risk Forums (ORF) and senior meetings as needed and investigates causes for results that are deviating from trends and escalate situations that pose excessive risk(s).
  • Develops and drives quality-checking routines to ensure compliance with all relevant policies, operating guides, and owned control testing.
  • Supports team members on topics ranging from control testing design to performance management and control testing platforms basics.
  • Helps drive continuous improvements in accuracy, efficiency, timeliness, and quality of MCA control design assessment and controls testing.
  • Maintains relationships and drives accountability with partners and stakeholders to drive control testing's success in support of the business's strategy.
  • Appropriately assesses 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
  • Support other relevant work efforts of the department where needed and as directed by their manager.
Desired Qualifications
  • Ability to work effectively on virtual teams, including across different geographies and time zones preferred.
  • Investment securities and/or insurance licenses preferred (e.g., Series 7, 9,10, 24, 63, 65, 53, 55, 66).
  • Master’s degree preferred.

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citi operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. The company generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citi's extensive global reach and commitment to sustainability set it apart. The goal of Citigroup is to facilitate international trade and investment while managing financial assets responsibly.

Company Size

10,001+

Company Stage

IPO

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

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Simplify's Take

What believers are saying

  • Citi's partnership with Mastercard enhances its position in the digital banking sector.
  • 'Green Deposits' align with the growing demand for sustainable banking products.
  • Citi's involvement with Jumia taps into the expanding African e-commerce market.

What critics are saying

  • Increased competition from digital platforms like Versana may challenge Citi's market share.
  • Citi's partnership with Jumia exposes it to risks in the volatile African e-commerce market.
  • Regulatory challenges may arise from Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The company integrates ESG initiatives, appealing to environmentally-conscious investors and customers.
  • Citi's technological infrastructure supports innovative solutions in consumer and corporate banking.

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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

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