Third Party Risk Officer - Belfast, United Kingdom - Citi

Citi

Verified Company

Belfast, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in Risk and Compliance to Citi's Business Risk & Control Team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Role Overview:

The Third Party Officer ("TPO") is a dedicated role part of Citi's Third Party Risk Management program, responsibility for ensuring effective risk management practices are in place for external third party relationships which carry the highest degree of risk for Citi's businesses.

The TPO will be supported by the Enterprise Supply Chain Third Party Utility which is responsible for the execution of standard third party risk management activities that can be conducted centrally to drive operational efficiencies.

Responsibilities:

Representing business leadership to coordinate and facilitate Third Party Risk Management activities
Evaluating current market conditions and providing insight on trends/issues that may impact the business through the use of external Third Parties.
Advising BAO on the Risk Assessment for third parties and reaccessing as required; identifying significant changes in relationship to trigger update of Risk Assessment
Verifying third party's compliance to required policies and controls
Partnering with business operations, technology teams and internal functions to conduct onsite visits of third party, as required
Maintaining and updating Citi's Exit Strategy Plans as required; when the exit strategy poses significant risk to Citi, work with business contacts to establish appropriate risk mitigation activities to minimize risk to Citi
Interacting with third parties on escalations of nonperformance and contractual issues to drive resolution when appropriate
Monitoring third party performance and SLs through Citi Performance Management Assessment (PMA) process

Qualifications:

610 years of relevant experience in, strategic sourcing/procurement, vendor management risk management and/or regulatory compliance in one or more of the following risk disciplines: technology risk, business continuity, operational risk, supplier risk, or audit and controls. Broad knowledge of other risk areas, with strong understanding of supplier or thirdparty risk impact in a financial services company is a plus
Demonstrates knowledge of inscope business and product areas
Excellent communication skills in English, both oral and written, with the ability to articulate complex and sensitive issues to management. Local language requirements as applicable.
Experience in strategic sourcing/procurement and interacting with suppliers' management teams with the ability to exercise sound, timely and independent judgment.
Demonstrates understanding of operational capabilities of suppliers across applicable business types

Education:

Bachelor's/University degree or equivalent experience

What we can offer you
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 of 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 Ireland offices, are a vocal supporter of LGBTQ+ rights, and are proud to have 47% of our leadership team made up of individuals who identify as women.

We encourage and lead inclusivity through our Pride, Disability, Multicultural, Families Matter, and Women affinity networks that are run by and for, Citi Belfast colleagues; providing them with the support they need in their personal and professional journeys and supplying them with the tools to help educate colleagues on all things related to each network to help us work better together.

-
Job Family Group:

Risk Management

-
Job Family:

Business Risk & Control

-
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.

View the "
EEO is the Law" poster. View the **EEO is the Law Su