The Third Party Management Program Execution provides operational support, process guidance, and quality assurance and quality control oversight to businesses across Citi, leveraging a central utility infrastructure, standardized processes, and operating procedures to execute robust risk management activities throughout the third-party management life cycle.
The Project Specialist 2 will be responsible for executing day-to-day activities in support of Citi’s Third-Party Management Program, including the implementation of key, standardized processes related to compliance with Citi’s policies and standards; guiding internal stakeholders; Strong communication and diplomacy skills is required. Completion of activities related to Third Party lifecycle; and ensuring data accuracy for the reporting of third-party related metrics.The analyst is expected to understand Third Party Life Cycle Management process in detail and ensure the associated risks are mitigated in line with Citi requirement for suppliers.Responsibilities:
- Learn in detail about Third Party Lifecycle Management, Regulatory guidelines Contract Terms & conditions, Information Security, Regulations (OCC, GDPR, Data Privacy Laws, and Country specific Local Laws etc.)
- Providing process guidance and support to Third Party Officers (TPOs), Business Activity Owners (BAOs) and other business stakeholders on end-to-end Third-Party Management requirements along with the seniors.
- Work with seniors in coordinating with various Policy Owners in areas such as Data Privacy, Export Licensing, Information Security and Continuity of Business (CoB)
- Act as Level 1 Reviewer in the team and understand the nuances of the Third-Party Management process in detail.
- Participates in team meetings to understand the documentation of all the relevant Third-Party management processes and ensure risks and control points are properly addressed.
- Ensure all SLAs are met without any delay with high accuracy rate.
- Assists seniors in data and information reporting on the specified projects and tasks.
- Verify if third parties’ policies and procedures are complaint to Citi’s policies and procedures. Identify and report gaps if any, to the relevant stakeholders through the various Tools.
- Contribute for better control and productivity enhancement through various process reengineering initiatives and automation projects including but not limited to Robotic Process Automations.
- Initiate process changes in line with new emerging risks and regulatory requirements.
- Detail oriented with strong problem solving and analytical skills
- Excellent relationship management skills with ability to build partnerships across Citi businesses
- Showcase skills to interact effectively with diverse cultures and backgrounds
Qualifications:
Minimum 3 years of working experience in financial services / Banking industry
Preferred 1+ years of direct, relevant experience in third-party risk management or operational risk managementExcellent Communication skills
Education:
- Bachelor’s degree required
- MS Office applications
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Job Family Group:
Project and Program Management------------------------------------------------------
Job Family:
Project Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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