Job Information
Citigroup Business Risk and Control Sr Officer, Reporting Analysis and Governance, SVP in Getzville, New York
The Client organization was established to drive enterprise-wide approaches to client coverage, identifying and filling in gaps or reducing duplication to ensure consistency throughout the firm. Additionally, it plays a leading role coordinating the allocation of capital and other financial, technology and human resources towards the client segments with the best returns potential. Finally, it is responsible for managing wholesale credit and counterparty risk for the organization.
The Client Reporting, Analysis, and Governance team sits within the CAO officer under the Head of Controls. The team supports and executes activities related to Corporate Governance including Governance Committees and Board accuracy reporting, Client Escalation, monitoring and reporting of Issue Management and Compliance Risk and oversight of the Client Executive Scorecard Risk & Control Metric performance.
The Reporting, Analysis, and Governance Senior Officer is a practically minded professional who thrives in a fast-paced environment and has a strong understanding of Enterprise governance processes, and a keen interest to learn more and make a difference, and ultimately shape the Client organization for the future. This particular position will oversee the Client’s Executive Scorecard Performance related to the Risk & Control metrics or the Client’s Escalation Program and processes.
Responsibilities:
Accountable for the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard Escalation Policy, Board Material Data Accuracy Control Procedures, Issue Management Policy, Conduct Risk Policy, Compliance Risk Policies and strong oversight over Risk and Control performance.
Ensure the identification of issue root cause, partnering with control and process owners to recommend holistic corrective actions and improvements, provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies.
Direct teams in the implementation of the Lessons Learned Policy, including monitoring of control breaches and dissemination and learnings across other business units for process improvement to limit the occurrence of similar future events and where similar risk exposure might exist.
Support management in 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 management in exercising control over Operational and Compliance Risk in accordance with established Policy requirements.
Help management allocate resource 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.
Take ownership to identify, assess, record and response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
Responsible that adequate governance and training are in place to support management of Risk profiles.
Take ownership to ensure that risk and control responsibilities and accountabilities are embedded within FLUs, including providing training and leading by example.
Assist management in guiding and influencing 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.
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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications:
10+ years of experience
Familiarity with 3rd party risk models.
Consistently demonstrates clear and concise written and verbal communication skills
SQL, Perl or Python, Matlab or R, Excel VBA. Database administrator experience is a plus.
Education:
Bachelor's/University degree, Master's degree preferred.
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Primary Location:
Getzville New York United States
Primary Location Full Time Salary Range:
$115,840.00 - $173,760.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
Apr 29, 2024
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.