The Business Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
This particular Business Risk Officer will be a dedicated Business Activity Owner (BAO) and will be responsible for managing third party relationships for Markets. The BAO role requires in depth business product knowledge and expertise and will manage the third party relationship across all stages of the third party lifecycle. The BAO will work in concert with Third Party Officers (TPOs), business operations and technology teams, internal functions, risk organizations and second line of defense to identify, manage and mitigate risk. This role will have a global remit.
Responsibilities:
Responsible for managing a portfolio of third party relationships and collaborating with key stakeholders to identify, mitigate and report risks.
Works closely with business partners on findings resulting from control execution and makes recommendations on improving practices and mitigating risks.
Stays abreast of procedural implementation and change management processes to ensure proper governance and controls exist.
Completion of risk assessments to determine inherent risks associated with third party portfolio.
Manages multiple controls with differing levels of risk and due dates.
Has the ability to operate with a limited level of direct supervision.
Ability to think strategically.
Can exercise independence of judgement and autonomy.
Acts as SME to senior stakeholders and /or other team members.
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.
Qualifications:
6-10 years relevant work experience in Business Risk & Controls
5+ years' experience in financial services.
Consistently demonstrates clear and concise written and verbal communication skills
Effective organizational influencing skills required.
Third party vendor management preferred.
Demonstrated ability to lead global team efforts
Excellent problem solving skills
Ability to see the big pictures with high attention to critical details
Education:
Bachelor's/University degree or equivalent experience, potentially Masters degree
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$103,920.00 - $155,880.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Nov 25, 2024------------------------------------------------------
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 reviewAccessibility at Citi.
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