VP, Operational Risk - Risk & Control Reference Library Manager
Company: Citi
Location: Hurst
Posted on: January 26, 2023
Job Description:
Overview: This new role is part of Risk and Control team
supporting the one of the Manager's Control Assessment (MCA) leads
in designing and delivering an enhanced risk and control
self-assessment for Citi's operating businesses and functions. The
role will combine specialist expertise in operational risk
management practices and methods along with project management and
change skills to organize and co-ordinate a change program across
businesses. These program activities will include developing the
appropriate policies and procedures, designing and building the
target operating model for the process and building an
infrastructure for maintaining the RCSA across Citi's franchise.
Program activities will also develop capabilities for controls
testing and quality assurance of control frameworks across the end
to end businesses.Core ResponsibilitiesThis global second line of
defence role will focus on supporting the lead of Operational Risk
and Control Taxonomies to successfully deliver planning, design,
build, test and implementation activity focused on transforming
with Citi's Controls Future State Design.
- Coordinate in Design and implementation of the Control
Taxonomy, Control Library, Monitoring Taxonomy and Monitoring
Library.
- Coordinate the design and development in the 2nd line focusing
on impacts relating to downstream use cases from the Listed
Taxonomies/ Libraries. This includes but not limited to Enterprise
(firm-wide) and Standard (business-centric) Content.
- Prioritize the design and development of preventive controls to
guard against risk drivers materializing operational risk
events.
- Identify and develop critical detective and mitigating controls
that limit subsequent impact of operational risk events.
- Drive activities to identify, design, build, test and implement
any required firmwide specific guidance and procedure across Citi
to ensure robust governance and execution of the control taxonomy
and reference control library.
- Ensuring that there is appropriate review, update, maintenance
and approval of latter Taxonomies and Library across the
organisation.
- Coordinate Activities to identify, design, build, test and
implement any required firmwide specific guidance and procedure to
implement across all business, functions and geographies.
- Assist in the Development and coordination of delivery of a
realistic delivery plans to implement standard risk and control
reference data.
- Develop and implement ongoing analytic reporting of Taxonomies
and Reference Library usage. This includes metrics and MI on usage,
themes, trends and potential weaknesses.
- Areas you will have experience in: Operational Risk, Risk
Management, RCSA , risk appetite, risk taxonomies, risk assessment,
control identification and assessment, MI.
- Coordinate change management at relevant working groups and
accurate/ timely reporting of delivery plan status, including
escalations where required.
- Communicate to the businesses/ functions/ regions on the
development of Taxonomies , Libraries tools and practices.
- Assist in the Coordinating testing, including pilots, across
Citi business/ region stakeholder groups.
- Build and foster meaningful relationships with a wide range of
stakeholders internally.
- Proven ability to deliver to a high standard.
- Strong analytical skills across MS applications.
- You have excellent judgement / decision making skills.
- Qualifications:
- 6-10 years experience in Operational Risk is a must. Other risk
and control disciplines would be a plus - credit, and market.
- Experience in Internal Audit or Financial Control would be
desirable.
- Expertise in the following is beneficial: Fraud Awareness and
Risk Management Legal and Regulatory Compliance, specifically
- Management of a global operations and a complex environment
that includes global teams.
- Excellent communication skills - verbal & written
- Experienced Operational Risk practitioner with First Line or
Second Line experience Excellent oral and written communications
skills Self-starting with the ability to multitask and prioritize
Ability to work in a team environment, listen and work well with
others Client-focused and open to different ideas/viewpoints
Demonstrated analytical skills with follow-up and problem solving
capability Ability to analyze a process and recommend ways to
improve quality, controls, and efficiency 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, Dallas , VP, Operational Risk - Risk & Control Reference Library Manager, Executive , Hurst, Texas
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