The Operational Risk Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
Responsibilities:
* Responsible for communicating to executive management implications of existing and opposed regulation and developing potential responses. This may include regulations related to specific product or macro / systemic regulation, including standards to comply with OCCC, U.S. Fed, Treasury, FDIC and regulations from other central banks and regulatory authorities (e.g. Basel II / III, Heightened Standards).
* Provides risk strategic analytics and information management across Citibank products; facilitating data-quality and controls for other teams and managers.
* Performs business analysis to respond to regulatory and business questions and provide portfolio insights.
* Performs data analysis to monitor and track data quality and completeness of data.
* Provides Project Management of various deliverables
* Partners with Clients to understand and quickly respond to Client needs. Proactively seeks Client feedback to influence change throughout organization.
* 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.
Qualifications:
* 6-10 years experience in product program governance and risk management framework.
* Should have Excellent proficiency in Microsoft Office particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and other related policy documentation).
* Broad understanding of operational policies and procedures.
* Demonstrate financial and risk reporting knowledge as well as experience from the business and/or technical area desired.
* Project management knowledge and experience working with diverse group of stakeholders to achieve milestones and deadlines and capability to handle multiple projects at one time.
* Proven relationship management skills with ability to deepen relationships and build partnerships across the business, executive leadership and key functional support areas like Government Affairs, Communications, Legal, Compliance, Control, in-business Risk and Independent Risk.
* Good knowledge of Citi products, risk processes and controls with good understanding of regulatory requirements and risk management framework.
* Experience in compiling process and data quality metrics, analyzing results to clearly communicate data-driven analysis to senior management.
* Proficient in MS Office applications (Excel, Word, PowerPoint).
Education:
* Bachelors/University degree, Masters degree preferred
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Job Family Group:
Risk Management
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Job Family:
Regulatory Risk
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Time Type:
Full time
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Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.
It also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment provides wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate and consumer loans, investment banking and advisory services, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2018, it operated 2,410 branches in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.