Senior Risk - London, United Kingdom - Citi

Citi

Verified Company

London, United Kingdom

4 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

This new role is part of the EMEA ICG Risk and Control team supporting the region.

The role will work with Risk and Control colleagues in the region to ensure consistency in issue management, understanding the EMEA business' risk profiles and roll out of enhanced risk and control frameworks.

The role integrates in-depth specialty knowledge of strategic, reputational, operational and compliance risks with a solid understanding of industry standards and regulatory requirements for all businesses and functions in the region.

The incumbent will work with Risk and Control colleagues in the region and globally to ensure full consideration of the EMEA business in the design and roll out of enhanced risk and control frameworks, and will work with both the regional businesses as well as the regional and in-country Risk & Control Teams to ensure such frameworks are fully embedded in the region.

In addition, this role will work with Independent Risk, Control Functions and Internal Audit to enhance local control standards and support business management in their oversight.

Responsibilities:

Partner with inbusiness risk and control leads to coordinate regulatory priorities, issue remediation, lessons learned and transformation plans across EMEA businesses and jurisdictions
Provide support to the EMEA Risk & Control Management to ensure a robust risk identification and assessment of the control environment is provided to the EMEA Management to facilitate their effective oversight of nonfinancial risk with a focus on operational risk stripes
Coordinate and support operational risk stripe level risk identification and risk profile reviews with Business Risk and Control and Cluster level in the region
Support and implement best practice control frameworks across key EMEA businesses and jurisdictions
Work with control partners and Internal Audit to facilitate control remediation efforts and the audit coverage of the business in EMEA
Oversee and coordinate EMEA Governance region, cluster and country high reviews and compliance with Citi Governance policies and standards
Lead/participate different working groups in the development and implementation of new risk and controls frameworks in country or in the region
Applies indepth 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.
Ensure that emerging risks identified are socialized with key stakeholders and mitigation strategies are in place.
Leverage reporting to identify trends, themes and areas requiring improved controls
Drive Manager's Control Assessment monitoring, quarterly approvals and improvements requirements

Qualifications:

Significan experience in Risk and Control portfolio and/ or operational risk frameworks with First Line or Second Line experience
Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary.
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.
Strong understanding of Risk Management structures and roles and responsibilities across 3 LoD and Citi's Risk and Control environment is a strong plus
Experience in Risk and Controls Self Assessments and risk stripe key indicators and threshold monitoring
Demonstrated analytical skills with followup and problem solving capability
Ability to analyze a process and recommend ways to improve quality, controls, and efficiency

Education:

Bachelor's/University degree or equivalent experience, potentially Masters degree

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Job Family Group:

Risk Management

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Job Family:

Business Risk & Controls

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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.

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