The Client organization was established to drive enterprise-wide approaches to client coverage, identifying and filling in gaps or reducing duplication to ensure consistency throughout the firm. Additionally, it plays a leading role coordinating the allocation of capital and other financial, technology and human resources towards the client segments with the best returns potential.
About the Role: `
This role reports into Client Organization– Head of MCA, Risk Assessment, Control Design and will manage several critical control-related processes as well as support projects to build or enhance the businesses control framework. This will primarily include execution of MCA/RCSA BAU and Consent Order transformation requirements.
Key Responsibilities:
Ensure complete adoption of the MCA within businesses and functions as required by MCA/RCSA Standards
Manage, develop, and motivate a diverse team of risk and control professionals.
Ensure complete scope of operations for MCA/RCSA and timely / quality completion of MCA activities by process and control owners, including oversight of timeliness, accuracy, and completeness.
Oversee quality, completeness, and accuracy of the implementation of the Control Framework
Produce and assess MCA quality metrics and Share report results across businesses and functions, prior to aggregation from Central Controls team, to ensure standardization.
Embed a strong risk assessment and governance approach around delivery of new and existing products, services and activities and services as well as significant organizational, product, systems, and process changes.
Lead MCA transformation work as required by the Global Consent Order remediation program, including governance and reporting.
Embed a strong risk assessment and governance approach around of MCA BAU and CO transformation.
Be a trusted advisor and central point of contact across MCA for senior stakeholders within and outside of Client Organization.
Drive communication and solutioning through Risk Forums at various levels of executive management.
Establish effective governance for direct and indirect initiatives contributing to the remediation of identified risks.
Collaborate effectively with cross-functional teams and build relationships with stakeholders at all levels of the organization.
Problem structuring, sound business judgment, and demonstrated result orientation.
Qualifications:
15+ years of relevant work experience in Financial Services in Business Risk, Enterprise Risk Operational Risk, Compliance, Audit and/or governance and control
8-10+ years' experience leading & managing a team
Experience in managing & executing Managers Control Assessment (MCA)/ Risk Control Self-Assessment (RCSA); required.
Strong understanding of Key Operational Risks and control design.
Expertise in the following would be beneficial: Risk Management Operations and Systems, legal and Regulatory Compliance
Advanced knowledge of risk assessment techniques, such as scenario analysis, and stress testing
Proficiency in risk management principles, methodologies, and frameworks
Excellent analytical skills when it comes to problem-solving including the ability to identify and address root causes through feasible and effective corrective actions. (similar – pick one you prefer)
Experience in working with the various risk and control systems and reporting requirements.
Strong project management skills: ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
Self-motivated, highly adaptive, detail oriented, and demonstrated ability to work in a dynamic, fast-paced environment while still maintaining attention to detail and accuracy.
Strong willingness to learn and grow with a demonstrated passion for excellence and contributing to high performing teams.
Ability to work collaboratively with regional and global partners in other functional units; ability to navigate a complex organization; to influence and lead people across cultures at a senior level.
Excellent communication and presentation skills, including the ability to present complex topics, negotiate and recommendations to all levels, including senior stakeholders.
Meticulous attention to detail and accuracy when analyzing data, preparing reports, and documenting risk management processes.
Ability to operate with a limited level of direct supervision.
Strong in Microsoft PowerPoint and Excel
Bachelor's degree required.
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
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:
Dec 12, 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.
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