VP, Risk Operations Officer

The Risk Operations 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. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. 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. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

Responsibilities:

• Serves as point of contact for Operations staff for Control related activities.

• Provides guidance in evaluating risks & implementing appropriate controls, including ensuring appropriate remedial actions are in place where deficiencies are identified.

• Conducts proactive review of Operations, and Finance related control processes and reporting.

• Participates in evaluating; Strategic & Tactical Change; Policy and Process updates; Regulatory requirements etc.

• Supports to Internal and External Control organizations (Internal/external audit, Regulatory, control self-assessment, Compliance, IS, Finance etc.).

• Provides Management / Oversight of Corrective Action Plan remediation process.

• Ensures that the workflows and controls are in place in accordance to the Credit Policy and local regulatory guidelines.

• Reviews guidelines and regulations issued from time to time and ensure that gaps are remediated.

• Works in partnership with stakeholders including Risk, Business, Legal and Product.

• Oversees regulatory reporting submissions and ensure controls surrounding report submissions are robust for accurate and timely submissions. Enhance productivity through automations and workflow realignments.

• Provides oversight and governance over outsourced service providers.

• 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 experience

• Knowledge of credit policies, guidelines and procedures surrounding extensions of credit.

• Good understanding of BNM Regulatory guidelines pertaining to Credit and Risk policy and guidelines.

• Computer literacy especially in Microsoft Excel with numerical skills and attention to details

Education:

• Bachelor's degree required, Master's degree preferred

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Job Family Group:

Risk Management

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Job Family:

Risk Exposure Monitoring & Management

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$129,840.00 - $194,760.00

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 ~~~. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Jun 21, 2024

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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 (~~~) .

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.