Operational Risk Analyst I

Individuals in Quality Assurance, Monitoring & Testing are responsible for assessing outcomes from activities and processes against applicable requirements to enhance risk management quality. This includes quality testing for business function quality control and transformation lead quality control post completion of activities/processes. The role involves developing and executing Monitoring and Testing for controls, such as control design assessment, operational effectiveness design, monitoring/testing design assessment, and executing monitoring/testing tools to evaluate the effectiveness of key controls addressing defined risks. Responsibilities: - Understanding the Citi Risk & control framework and fundamentals of Risk Management - Assisting in QA, monitoring, and testing reviews - Supporting end-to-end monitoring of controls as per Risk Management policy - Participating in Control & Monitoring Design Assessment (CMDA) meetings and aiding in drafting procedures - Identifying monitoring breaks and proposing enhancements - Creating and maintaining reports for control tracking and analysis - Identifying risks across the business and coordinating cross-functional solutions - Assessing risks in business decisions with consideration for the firm's reputation and compliance with laws and regulations - Supervising teams to ensure adherence to standards and escalating control issues with transparency Qualifications: - 3 to 5 years of relevant experience - Self-motivated and detail-oriented - Understanding of team interactions and objectives - Knowledge in controls development and execution - Experience in control-related functions in the financial industry - Understanding of compliance laws, regulations, and best practices - Knowledge of Citi's Policies, Standards, and Procedures - Analytical skills for evaluating risk and control activities - Strong verbal and written communication skills - Ability to manage multiple tasks and priorities - Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word Education: - Bachelor's/University degree or equivalent experience Skills: Analytical Thinking, Assurance Strategy, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Policy and Procedure, Risk Remediation, Stakeholder Management For complementary skills, please see above and/or contact the recruiter.,