VP Operational Risk Manager
Company: Citi
Location: Irving
Posted on: January 27, 2023
Job Description:
The Operational Risk Manager role is to serve as an Independent
Operational Resiliency Risk Manager to support oversight and
challenge of Citi's Core Consumer, Small Business Banking, Retail
Commercial Bank and Citi Personal Wealth Management. Primary
responsibilities include:
- Support development of resiliency strategy, policy and
projects.
- Apply operational risk management guidelines and procedures for
identifying First Line of Defense (FLOD) risks
- Pursue continuous improvement and challenge adoption of Lessons
Learned during operational resilience related tests, exercises, and
simulations
- Support Resiliency Risk Oversight tools development
- Ensure Risk Governance framework operates efficiently and fraud
losses are operating within the defined Risk Appetite
parameters.
- Oversee compliance to all policies and procedures established
at the group level including connected Financial Crimes
disciplines.
- Liaison with Global Consumer Risk and other internal and
Industry peers.The main responsibilities are;Process:
- Support development of operational resiliency strategy, policy
and projects
- Apply operational risk management guidelines and procedures for
identifying First Line of Defense (FLOD) risks
- Pursue continuous improvement and challenge adoption of Lessons
Learned during operational resilience related tests, exercises, and
simulations
- Support Enterprise Resiliency Risk Oversight tools
development
- Ensure Risk Governance framework operates efficiently and
operational losses are operating within the defined Risk Appetite
parameters
- Provide challenges on Key Indicators and Material Operational
Risks
- Work with First Line of Defense in the review of the
documentation and reporting
- Analyze, capture, and report risks. Collaborate with FLOD
technical Subject Matter Experts (SMEs) and management regarding
all aspects of Business and Technology recovery planning and
testing
- Guide and assist in the implementation of sound and effective
resiliency processes and monitoring of non-core consumer products
(Small Business Banking, Retail Commercial Bank and Citi Personal
Wealth Management)
- Evaluate, advise, and ensure effectiveness of Business and
Technology capabilities and controls across Citi
- Facilitate and disseminate best practices across all
LoBsPeople:
- Assist resiliency managers and their teams to manage staff
including training and career development plans and to ensure high
morale among prevention, detection, and recovery staff
- Champion enterprise resiliency awareness and best practice
sharing with various stakeholders and aid in the development of
continuity/resiliency risk management training modules
- Raise the level of operational resiliency awareness among
country officers and other related staffKnowledge/Experience:
- 5+ years of Business Continuity, Technology Disaster Recovery,
Operational Resiliency or Risk Management
- Skillful understanding of business continuity and disaster
recovery management lifecycle.
- Thought leadership and clarity in presenting ideas to senior
management.
- Proven technical knowledge of resilience and recovery
principles and processes, to include up to date knowledge of
current technology solutions, including Cloud and hybrid third
party solutions
- Knowledge of regulatory requirements underpinning standards,
including, NIST, ISO, FFIEC, DRI, etc.
- Demonstrated analytical skills with follow-up and
problem-solving capability.Skills:Management:
- Ability to work effectively with individuals with diverse
backgrounds and positions
- Ability to work independently
- Ability to communicate complex analytical ideas effectively and
persuasively
- Ability to influence and stablish relationships with key
stakeholders from remote locationsFunctional Background:
- Project management
- Understanding of consumer banking business, systems and
processes
- Policy formulationTechnical Skills:
- Deep understanding of technology risk management and response
plan cycle management
- Thorough understanding of global business continuity practices
and industry trendsQualifications:
- Undergrad in Business Administration, Computer Science,
Engineering or any other computationally intensive discipline.
- Graduate degree is a plus. Exceptional candidates who do not
meet these criteria may be considered for the role provided they
have the necessary skills and experience.Competencies:
- Strong business drive and ability to mobilize organizational
commitment and support for regional programs
- Regulatory Risk and Compliance
- Leadership skills and ability to deliver results, working with
cross-functional and virtual teams
- Good business understanding and working knowledge of Risk,
Operations and Technology - Job Family Group: Risk Management - Job
Family:Operational Risk Time Type: Full time Primary Location:
Wilmington Delaware United States Primary Location Salary Range:
$110,890.00 - $166,340.00 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 Accessibility at
Citi .View the " EEO is the Law " poster. View the EEO is the Law
Supplement .View the EEO Policy Statement .View the Pay
Transparency Posting - 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 , VP Operational Risk Manager, Executive , Irving, Texas
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