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Operational Risk Officer - Business Control Support - VP - Hybrid

Company: Citi
Location: New York
Posted on: January 27, 2023

Job Description:

The Operational Risk Officer is aligned with CAO businesses partners to help appropriately manage risks arising from our products, services and business operations. This person, along with business process owners, ensures that effective risk management is embedded in day to day operations and reflected in our business strategies, and related activities and will be primarily responsible for proactive management of operating risk. This requires significant coordination across internal business teams, as well as various other support and control groups within the organization. Key Responsibilities

  • Provide input/guidance to the business to ensure appropriate overall governance is in place
  • Own the execution and facilitation of the Manager Control Assessment (MCA) process
  • Drive risk discussions, provide input, and ensure decisions are made regarding risk acceptance and mitigation
  • Partner with business to ensure that governance and procedures associated with loss event reporting, risk assessments, remediation tracking and operational risk reporting are within the Risk Framework
  • Assist risk owners in the identification and evaluation of operational risks and controls, including identification of potential issues and opportunities for improvement
  • Propose and implement technical solutions to drive toward control monitoring automation, simplification of front line control responsibilities, and automation of recurring reporting requirements
  • Conduct risk assessments, test control design and operating effectiveness
  • Produce and support risk management reporting to management (e.g. Annual Risk Assessments, Quarterly Risk Assessments, Operational Risk Forum, Key Indicator Dashboards)
  • Ensures that significant risks and issues are appropriately and timely escalated
  • Provide issue management review and validation support
  • Readiness assistance for audits and exams (both internal and external) Qualifications:
    • 5 -10 years relevant experience
    • Functional knowledge of Citi's MCA program and framework.
    • Significant experience in Operational Risk is a must. Other risk and control disciplines would be a plus.
    • Experience in Internal Audit or Financial Control would be desirable.
    • Excellent communication skills - verbal & written Education:
      • Bachelor's/University degree, Master's degree preferred - Job Family Group: Risk Management - Job Family:Operational Risk Time Type: Full time Primary Location: Irving Texas United States Primary Location Salary Range: $110,890.00 - $166,340.00 Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 .View the " EEO is the Law " poster. View the EEO is the Law Supplement .View the EEO Policy Statement .View the Pay Transparency Posting - Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, New York , Operational Risk Officer - Business Control Support - VP - Hybrid, Executive , New York, New York

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