Full-Time

Risk Officer / Remediation Project Manager

Vice President

Posted on 11/5/2024

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 + 3 more

More locations: Lyndhurst, NJ, USA | New York, NY, USA | Irving, TX, USA

Primary location is Tampa, Florida.

Category
Project Management
Business & Strategy
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 6+ years of experience risk and project management
  • Experience in application governance and technology risk
  • 5+ years’ experience in financial services.
  • MS PowerPoint, MS Excel
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Effective organizational influencing skills required.
  • Excellent problem-solving skills Ability to comprehend the big pictures with high attention to critical detail.
  • Demonstrated ability to develop and implement strategy and process improvement initiatives.
  • Excellent analytical, change and transformation skills.
  • Ability to work effectively in a cross-functional organization.
  • Ability to balance strategic priorities with tactical actions.
  • Excellent time management, follow-through.
  • PMP, Sigma Black experience preferred.
  • Bachelor's/University degree
Responsibilities
  • Responsible for the assessment of technology risks, and the development and management of risk remediation efforts. These include both large scale projects and well as targeted efforts to quickly identify, analyze, document and propose remedial process or technology changes.
  • End-to-end resolution of complex problems, supported by in-depth data analysis and process assessments. Required to identify impacts/gaps, develop well founded solutions, demonstrating good analytical and change skills.
  • Manage risk and escalations for the Tech org, 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.
  • 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.
  • Manage all aspects of risk remediation projects, develop all project artifacts, plan development, deliverables tracking, progress reporting, identify and communicate project risks, define mitigation strategies, manage resolutions/escalations, meet key sign off criteria.
  • Create key management presentations for various audiences that articulate our strategic initiatives and accomplishments.
  • 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).
  • 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.

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. 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, as demonstrated by its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while ensuring growth and profitability.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

1812

Growth & Insights
Headcount

6 month growth

12%

1 year growth

12%

2 year growth

1%
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Simplify's Take

What believers are saying

  • Citi's investment in Pylon enhances access to institutional-grade mortgage products.
  • The €410 million investment in SeQura supports international market expansion.
  • Citi strengthens SME lending with a £200 million debt funding package for iwoca.

What critics are saying

  • Increased competition from fintechs like Pylon may lead to market cannibalization.
  • SeQura's expansion may not meet expectations, affecting Citi's returns.
  • Citi's large debt funding packages increase exposure to credit risk.

What makes Citigroup unique

  • Citi operates in over 160 countries, offering a vast global network.
  • The company integrates technological innovations for seamless banking solutions.
  • Citi's commitment to ESG initiatives sets it apart in sustainability efforts.

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