Market Risk Issues Management and Processes - Belfast, United Kingdom - Citi

Citi
Citi
Verified Company
Belfast, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Overview of Citi:

Citi is a world-leading global bank. We have approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide.

We provide consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

We enable clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.


Citi Belfast is one of the largest employers in Northern Ireland with a diverse and talented team of over 3000 people from over 40 different nationalities across our four Belfast offices.

We are the only global investment bank operating in Northern Ireland.

Every day, our local experts interact with global teams in over 100 countries developing and supporting next-generation technology solutions for the enterprise and delivering critical services to the bank and its customers, to make sure we are a stronger and safer organization for our clients.


You will have a truly global reach, which will provide you with new experiences and development opportunities right here in Belfast's iconic Titanic Quarter.


Team/Function Overview:


The primary objective of Global Market Risk is to establish a comprehensive and independent Market Risk framework, including development and management of a comprehensive market risk limit setting and monitoring capability, performance of the market risk aggregation and analysis, development of capabilities for robust stress testing analyses and the establishment and implementation of consistent policies, standards and procedures.


The Market Risk CAO collaborates with Risk Managers to help ensure adherence to market risk management processes; and works closely with Internal Audit, Risk Reporting and Data Analysis, Market Risk Analytics, Markets and Securities Services, and Finance within Citi to ensure timely remediation of issues and that proper controls are in place and evaluated regularly.


Role / Position Overview:


This role will primarily focus on the oversight and effective management of market risk issues arising from various sources, as well as, leading interactions with Internal Audit.


The role requires extensive coordination with Market Risk managers globally to obtain and report the status of issues, then independently formulate independent evaluation of status and escalate concerns to senior management in order to drive transparency and accountability.

In addition, propose and draft self-identified issues as necessary.

The individual will be the primary liaison with Internal Audit. Prior to an audit, review relevant processes and documentation to self-identify gaps.

During an audit, coordinate, track, and review requests, provide review and challenge of artifacts prior to submission, and finalize new Issue/CAP language and timelines.

Subsequent to an audit, partner with issue owners to monitor progress, facilitate closure documentation, and ensure on time remediation.


Development Value:


Knowledge/Experience:


  • Strong understanding of the regulatory environment, the respective business lines and Risk governance
  • Process improvement mindset to increase effectiveness and efficiency

Skills:


  • Highly proficient in Microsoft Word, Excel and PowerPoint

Qualifications:


  • Bachelor's degree in technical field; Master's degree a plus

Competencies:


  • Strong attention to detail and problemsolving skills
  • Excellent coordination skills and the capability to prioritize effectively in a fast paced and demanding environment
  • Selfstarter, with the ability to quickly assimilate and analyse processes, and manage projects with mínimal supervision
  • Proven ability to collaborate across all levels of the organization with excellent influencing, facilitation, and partnering skills and the ability to quickly build relationships

What we Offer
We work hard to have a positive financial and social impact on the communities we serve.

In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.


We'll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.

Visit our Global Benefits page to learn more.

Highlights to our core benefits include:

  • Award winning pension
  • Onsite health services
  • Private medical insurance packages to suit your personal circumstances
  • Paid parental leave
  • Generous holiday allowance starting at 27 Days plus bank holidays; increasing with tenure
Citi Belfast also champions diversity within our workforce, which helps us be well and live well together. We have over 40 different nationalities in our Northern Ire
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