Operational Risk Group Manager (SVP/C14)
Company: Citi
Location: Irving
Posted on: May 15, 2022
Job Description:
The Operational Risk Grp Manager is accountable for management
of complex/critical/large professional disciplinary areas. Leads
and directs a team of professionals. Requires a comprehensive
understanding of multiple areas within a function and how they
interact in order to achieve the objectives of the function.
Applies in-depth understanding of the business impact of technical
contributions. Strong commercial awareness is a necessity.
Generally accountable for delivery of a full range of services to
one or more businesses/ geographic regions. Excellent communication
skills required in order to negotiate internally, often at a senior
level. Some external communication may be necessary. Accountable
for the end results of an area. Exercises control over resources,
policy formulation and planning. Primarily affects a sub-function.
Involved in short- to medium-term planning of actions and resources
for own area. Full management responsibility of a team or multiple
teams, including management of people, budget and planning, to
include performance evaluation, compensation, hiring, disciplinary
actions and terminations and budget approval.Responsibilities:
- Establishes and oversees the application of operational risk
policies, technology and tools, and governance processes to create
lasting solutions for minimizing losses from failed internal
processes, inadequate controls, and emerging risks.
- independently asses risks and drive actions to address the root
causes that persistently lead to operational risk losses by
challenging both historical and proposed practices.
- Governance and oversight may include (not limited to)
technology operational risk, cyber risk for example.
- Serves as an oversight function working with the In-Business OR
and Independent Risk Teams
- Drives - Operation Risk Anticipation, Mitigation and Loss
Recovery (and respective Recovery Plans)
- Ensures Operation Risk Policy implementation and exception
approvals
- Informs Operational Risk Council on Sub-Segment Level OR
related matters
- Attends In Business Risk Committees
- Leads- oversees the annual Key Risk Indicator (KRI)
reviews
- Monitors KRCIs triggers and thresholds and the analysis by the
Business
- Liaises with Business ORM on breaches and action steps to
correct breaches
- Communicates and Escalates breaches in KRCIs at the Segment
Level
- Works on T-10 (deep dive - root cause analysis) with support of
In-Business ORM and drive corrective actions
- Exports best practices and common risk, controls and corrective
actions through Framework Papers
- Ensures that Citi wide KORs and KRCIs are communicated and
understood by Businesses
- 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 others and create
accountability with those who fail to maintain these
standards.Qualifications:
- 10+ years relevant experience
- Significant experience in Operational Risk is a must. Other
risk and control disciplines would be a plus - credit, and
market.
- Experience in Internal Audit or Financial Control would be
desirable.
- Expertise in the following would be beneficial: AML/KYC, Fraud
Awareness and Risk Management Operations and Systems (Information
Security Standards, Vendor/Outsourcing Management and MCA Legal and
Regulatory Compliance Management of a global operations and a
complex environment that includes global teams.
- Excellent communication skills - verbal & writtenEducation:
- Bachelor's/University degree, Master's degree
preferred-------------------------------------------------Job
Family Group: Risk
Management-------------------------------------------------Job
Family:Operational
Risk------------------------------------------------------Time
Type:Full
time------------------------------------------------------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 review .View the
"" poster. View the .View the .View the
-----------------------------Effective November 1, 2021, Citi
requires that all successful applicants for positions located in
the United States or Puerto Rico be fully vaccinated against
COVID-19 as a condition of employment and provide proof of such
vaccination prior to commencement of employment.
Keywords: Citi, Irving , Operational Risk Group Manager (SVP/C14), Executive , Irving, Texas
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