Job
Description
As an individual in Enterprise Risk Management, you play a critical role in managing the bank's diverse risks to ensure financial stability and sustained growth. Your responsibilities include identifying and managing enterprise-level and cross-cutting risks, designing and executing stress tests, managing climate risk, and protecting against reputational risk. Your integral role within the bank ensures that operations are within a defined risk appetite and contribute to the overall objectives of the bank. You will be responsible for overseeing risk identification, assessment, measurement, monitoring, and reporting in In-business Risk Management. Additionally, you will design and implement risk mitigation actions and focus on managing one or more risks in support of business activities. Professionals in Enterprise Risk Management are entrusted with providing a comprehensive view of risk management to enable the bank to anticipate, assess, and mitigate potential risks crucial for the bank's success. Your responsibilities will include leading risk and control assessments, providing risk mitigation recommendations, collaborating on audit, compliance, and regulatory findings, driving remediation efforts, setting up the quarterly audit process, and overseeing procedural implementation and change management to ensure sound governance and controls. Furthermore, you will enhance and automate control processes, monitor control exceptions and breaches, establish and promote strong governance, controls, and a culture of responsible finance, contribute to the implementation and oversight of the Control Framework, and adhere to the firm's Code of Conduct, Plan of Supervision, and all role-specific policies and procedures. Your role will involve managing risk evaluation in business decisions, ensuring compliance with laws and regulations, promptly reporting control issues, identifying root causes, and recommending corrective actions to prevent potential breaches. You will also maintain updated knowledge in conducting risk and control assessments, effectively influence others, drive innovative risk analysis, ensure timely risk reporting, develop key communication materials, lead risk management training, and manage risks related to new activities and business changes. Additionally, you will assist in governance coordination, facilitate MCA risk assessments, adhere to policy, support risk event responses, integrate risk and control responsibilities within business units, enhance control capabilities, create interim tools, strategize monitoring solutions, apply business insights to implement control processes, and collaborate with stakeholders for firm protection and process improvements. As an enthusiastic and early adopter of change, you will take ownership for helping others see a better future and stay positive during uncertainty. You will demonstrate and inspire curiosity in seeking new ways to overcome challenges, actively apply learning from failures, challenge self and others to seek out and communicate alternative views even when unpopular, and welcome diverse ideas to improve outcomes. You will act as a change catalyst by identifying and helping others see where new ideas could benefit the organization, proactively seek to understand and act in alignment with organizational decisions, help others prioritize team and enterprise success over their own personal agenda, focus on highest-priority work aligned to business goals, help others effectively manage competing priorities, proactively identify opportunities to streamline work, create process improvements that enhance efficiency for self and the team, take personal accountability for escalating, identifying, and managing potential risk, implement controls that enhance the client experience and operational effectiveness, anticipate problems, proactively identify solutions that address the root causes and result in meaningful improvements, set high expectations, invest the necessary effort to deliver excellence and exceed performance goals, role-model and help others to do the right thing for clients and Citi in all situations, even when difficult, engage key stakeholders early and often, actively look for opportunities to improve collaboration in achieving common goals, proactively seek out opportunities to volunteer in Citi programs that support the community, advocate for solutions that meet the needs of Citi's clients and the community, enthusiastically promote the unique needs and preferences of colleagues, make active commitment to help colleagues achieve balance, well-being, and development, leverage varied networks to recruit diverse talent, advocate for colleagues with diverse skillsets, styles, and experiences to gain career opportunities, empathetically listen and understand others" positions before acting on issues, work to amplify voices that are minimized in the workplace, and appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards. Qualifications: - 6-10 years of experience in Operational Risk Management, Audit, Compliance or other control function - Understanding of how to lead strong governance and controls, and build a culture of responsible finance, good governance, and ethics - Familiarity with the firm's Code of Conduct, Plan of Supervision, and policies and procedures - Background in collaborating with business partners on Audit, Compliance, and Regulatory findings and remediation efforts - Familiarity with enhancing, automating, or simplifying control processes as well as monitoring control exceptions and breaches - Knowledge of risk assessment, compliance with laws, rules, and regulations, and managing and reporting control issues - Proven ability to design and lead projects that enhance processes, showcasing creativity in problem-solving complex situations - Maintains knowledge of evolving requirements and their impacts, responsible for significant business results and technical strategy - Demonstrates expertise in maintaining a robust Managers Control Assessment in compliance with risk policies, affecting primarily a sub-function - Proficient in applying requirements and implementing compliance policies, communicating effectively across the organization - Liaises with Compliance Assurance and Internal Audit for issue resolution, demonstrating leadership and responsibility - Maintains oversight through metrics review and corrective action plans tracking, using advanced analytical skills - Prepares presentations on developments and emerging risks for senior management, showcasing strong communication skills - Serves as a primary contact for audit groups, demonstrating strong networking and liaison skills - Assesses risks in business decisions, complies with laws, regulations, policies, and ensures adherence, playing a significant role in the organization's performance - Comprehensive understanding of risk identification, assessment, and mitigation strategies - Proficiency in audit processes, compliance requirements, and relevant regulatory standards - Capability in enhancing, automating, and simplifying control processes - Strong leadership skills to manage governance and foster a culture of responsible finance and ethics - Thorough understanding of the firm's policies and procedures relevant to the role - Skills in organizing and managing audit processes and procedural changes - Ability to evaluate risks in business decision-making and manage timely reporting of control issues - Effective communication skills to liaise with various stakeholders across the business Education: - Bachelor's/University degree, Master's degree preferred Skills: - Analytical Thinking - Business Acumen - Constructive Debate - Escalation Management - Issue Management - Policy and Procedure - Policy and Regulation - Risk Controls and Monitors - Risk Identification and Assessment - Stakeholder Management 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 Citi's EEO Policy Statement and the Know Your Rights poster.,
