AVP Operational Risk Monitoring Senior Analyst - C12 - Hybrid

Company: Citi
Location: Glen Ridge
Posted on: January 27, 2023

Job Description:

Description:

We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think this position is right for you, we encourage you to apply! Our people make all the difference in our success.

Position Summary:

The mission of the Personal Banking and Wealth Management Consumer Business Operational Risk and Control (PBWM-CBORC) Monitoring team is to collaborate with process owners in the identification, management, monitoring, and reporting of operational risks. The team is structured along the key components of an effective risk management discipline: MCA Management (focused on risk identification and mitigation through controls), Risk Monitoring (focused on assessing the effectiveness of controls), and Recovery & Remediation (focused on the management of issues). Within the CBORC Monitoring team, the Operational Risk Monitoring Senior Analyst is responsible for the monitoring of controls owned by Credit Risk business functions.

Key Responsibilities:

Responsibilities of the Operational Risk Monitoring Senior Analyst include but are not limited to:

• Partnering with process & control owners in the original design and continued enhancement of the monitoring for the owned controls
  • Executing regular (daily, monthly, quarterly, etc.) monitoring of the controls as per their design and reporting of the results in the CR&C (Citi Risk & Compliance) system
  • Investigating any exceptions identified through the regular monitoring, in order to confirm whether any of the controls did not operate as intended
  • Collaborating with the process & control owner and the IBL (in-business risk lead) in the determination of a corrective action plan, which may include the re-design of the process and/or control
  • Contributing to the identification of opportunities to re-engineer sample-based, manual monitoring into full-base, digital monitoring (also referred to as CAATTs)
  • Engaging with Internal Audit examiners, in the review of design and execution of monitoring activities
  • Participating, as a subject matter expert, in a cross-functional effort aimed at defining how to re-engineer the structure of the overall MCA in order to best support the business
    • This role provides the candidate with an opportunity to gain in-depth understanding of the core processes that she / he supports, establish a broad network across business process owners and lines of defense, and develop a solid understanding of the key components of operational risk management Qualifications:
      
      --- Highly motivated, self-starter, enthusiastic, and creative individual
      
      --- Results oriented, with a strong sense of urgency around tangible accomplishments
      
      --- Resourceful, able to develop quickly a working knowledge of core business processes
      
      --- Strong collaboration / teamwork and communication / influencing skills
      
      --- Strong attention to details, and at the same time capable to develop a strategic view
      
      --- Process oriented, with demonstrated ability to meet deadlines through effective time management
      
      --- Curious, constantly looking for opportunities to improve efficiency and effectiveness
      
      --- Proficient in Microsoft Office tools, in particular Excel
      
      --- Auditing experience preferred
      
      Education:
      
      Bachelor's degree recommended, or 3+ years relevant work experience
      
      -
      
      Job Family Group:
      
      Risk Management -
      
      Job Family:
      
      Operational Risk
      
      Time Type:
      
      Full time
      
      Primary Location:
      
      Florence Kentucky United States
      
      Primary Location Salary Range:
      
      $78,900.00 - $118,350.00
      
      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 , AVP Operational Risk Monitoring Senior Analyst - C12 - Hybrid, Professions , Glen Ridge, New York