Investment Operations – Senior Vice President - Risk & Control

Individuals in Assessment & design are responsible for developing, designing, and implementing controls programs, and providing review and guidance on robust controls design adhering to Citi’s Policies, Standards, and Frameworks. Individuals proactively identify and drive controls enhancements such as automation, standardization and rationalization including transformation execution activities. Includes first line activities for identification, measurement (significance and likelihood), and ongoing assessment of key risks and controls in partnership with relevant process owners to drive management decisions to operate within the firm’s Risk Appetite.

Responsibilities: 

• Partner with the Global Wealth Investments Operations group (including Securities [Corporate Actions, Mutual Funds, Settlement, Income Processing, Security Pricing], Brokerage Operations, Alternative Investments, Capital Markets.)
• Provides leadership and direction through a large team of professionals and/or junior managers.
• Provide leadership to drive optimization and efficiencies in projects
• Assist management in guiding and influencing decisions that conform to business objectives
• Manage the design, development, and implementation of Citi's comprehensive controls program. 
• Assess the effectiveness of existing controls, identifying areas for improvement, and executing necessary changes. 
• Continually manage controls enhancements geared towards increasing efficiency and reducing risk. 
• Regularly assess the business/function risk appetite in line with changes in the business environment, regulatory requirements, and strategic objectives.
• Work closely with key stakeholders and process owners to drive management decisions aimed at maintaining operations within the firm’s Risk Appetite.
• Collaborate with key stakeholders to assess potential risks, develop risk mitigation activities, and define the acceptable level of risk across various areas of operation. 
• Drive execution of Enterprise Risk Management Framework and adherence with Risk Mgmt. / Compliance Policies.
• Collaborate with business and functions to understand control processes and identify potential areas for improvement. 
• Stay informed about regulatory changes and industry best practices related to control management, ensuring the controls program aligns with these standards. 
• Provide regular updates to senior management on the performance of the controls assessment and design.
• 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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards

Qualifications: 

• 10+ years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
• Strong knowledge of Investments including Securities, Corporate Actions, Mutual Funds, Settlement, Income Processing, Security Pricing, Brokerage Operations, Alternative Investments, and Capital Markets.
• Ability to identify, measure, and manage key risks and controls.
• Track record leading Control related projects and programs • Ability to see the big pictures with high attention to critical details.
• Develop and implement strategy and process improvement initiatives.
• Comprehensive knowledge of Citi’s businesses and functions and their risk profiles.
• Developing new ideas and improving current processes to proactively mitigate risks.
• Requires an ability to provide challenge and make recommendation for risk and controls remediation.
• Expert knowledge in the development and execution for controls.
• Proven experience in control related functions in the financial industry.
• Proven experience in implementing sustainable solutions and improving processes.
• Expert understanding of compliance laws, rules, regulations, and best practices.
• Deep understanding of Citi’s Policies, Standards, and Procedures.
• Strong leadership, decision-making, and problem-solving skills.
• Strong analytical skills to evaluate complex risk and control activities and processes.
• Ability to deliver compelling presentations and influence executive audiences.
• Strong sense of accountability and ownership, with strong results orientation.
• Excellent communication skills; ability to engage and inspire across stakeholder groups.
• Exceptional command in Microsoft Office suite, particularly Excel, PowerPoint, and Word.

Education: 

Bachelor's/University degree, Master's degree preferred

#LI-RG4

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Job Family Group:

Controls Governance & Oversight

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Job Family:

Control Design

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Business Insights, Constructive Debate, Controls Lifecycle, Digital Skills (Including AI), Policy, Procedure, and Regulation, Process Design, Program Management, Risk Management Lifecycle, Stakeholder Management.

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Other Relevant Skills

Communication, Issue Management, Risk Management.

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