Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in risk assessment, root cause analysis and communication to Citi’s Markets Lessons Learned and Risk Assessment team.
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
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.
What You’ll Do
- 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
What We’ll Need From You
- Proven experience in an operational risk management, compliance, audit, or other control-related functions in the financial services industry.
- 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.
- Requires an ability to provide challenge and make recommendation for risk and controls remediation.
- 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.
- 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.
What We Can Offer You
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
- A discretional annual performance related bonus
- Private medical insurance packages to suit your personal circumstances
- Employee Assistance Program
- Pension Plan
- Paid Parental Leave
- Special discounts for employees, family, and friends
- Access to an array of learning and development resources
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. ------------------------------------------------------
Job Family Group:
Controls Governance & Oversight
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Job Family:
Managers Control Self-Assessment
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Time Type:
Full time
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Most Relevant Skills
Analytical Thinking, Assessment, Business Insights, Communication, Constructive Debate, Controls Lifecycle, Controls Management, Data Quality Management, Risk Management, Stakeholder Management.
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Other Relevant Skills
Credible Challenge, Data Analysis, Laws and Regulations, Management Reporting, Policy and Procedure, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
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