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Operational Risk Group Manager at Citi

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job 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 analysis, problem solving and communication to Citis Operational Risk 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 OverviewThe Securities Services Controls team is looking for an International Risk Control Lead to join the global team. You will partner with the International and Europe Cluster & Banking Risk teams within Independent Risk Management and provide expertise on Issuesremediations (regulatory and audit) on design adequacy and operating effectiveness of controls. We are looking for a strategic professional who closely follows latest trends in their own field and adapts them for application within own job and the business. Excellent communication skills are required in order to negotiate internally, often at a seniorlevel. Developed communication and diplomacy skills are required in order to guide, influence, and convince others, in particular colleagues in other areas across the Risk Organisation. Accountable for significant direct business results or authoritative advice regardingthe operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects Custody operations which is a sub-function of Securities Services We are looking for proactive and curious individuals to join our team, with the mission to keep Citi and Citis customers safe! What youll do

  • Establishes and oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
  • Independently asses risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
  • Serves as an oversight function working with the In-Business or/and Independent Risk Teams
  • Ensures Operation Risk Policy implementation and exception approvals
  • Informs Operational Risk Council on Sub-Segment Level or related matters and attends In Business Risk Committees
  • Liaises with Business ORM on breaches and action steps to correct breaches
  • Works on T-10 (deep dive - root cause analysis) with support of In-Business ORM and drive corrective actions
  • Exports best practices and common risk, controls and corrective actions through Framework Papers
What well need from you
  • Relevant experience and seniority
  • Significant experience in Operational Risk and/or Custody is a must
  • Other risk and control disciplines would be a plus
  • Experience in Internal Audit or Financial Control would be desirable.
  • Expertise in the following would be beneficial: Fraud Awareness and Risk Management Operations and Systems (Information Security Standards, Vendor/Outsourcing Management and MCA Legal and Regulatory Compliance Management of a global operations and a complexenvironment that includes global teams.
  • Excellent communication skills - verbal & written, fluent English
What we can offer youThis is a role thatll offer you the opportunity to build an in-depth knowledge of Custody Risk Management. Every day there will be new business challenges that will help you develop new skills that can drive your career 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. By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additionalbenefits such as:
  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
  • A discretional annual performance related bonus
  • Private medical insurance packages to suit your personal circumstances
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. Sounds like Citi has everything you need Then apply to discover the true extent of your capabilities. ------------------------------------------------------ Job Family Group: Risk Management------------------------------------------------------ Job Family:Operational Risk------------------------------------------------------ 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. 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 opportunityreview 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

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