Business Risk Sr. Officer - Svp

Job Description:
The Lending Product Management (LPM) Business Risk and Control Manager manages a team of risk and control professionals and develops medium- to long-term plans and executes risk and control function control strategies. Responsible for handling staff management issues, including resource management and allocation of work within the team/project. This role requires a broad and comprehensive understanding of the different systems, practices/processes relevant to LPM and is likely to be involved in both internal and external negotiations which will have a major impact on the area managed and possibly on other related areas and organization as a whole. Provides input into strategic decisions affecting the global pillar's of LPM, has authority to negotiate and make independent decisions on issues/activities that have critical impact or influence on business operations.
Responsibilities:

• Work with LPM Management on governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e..Risk & Control Self-Assessment) as required by the MCA Standard including the assessment and appropriate approval of risk associated with business changes.
• Accountable for the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy.
• Ensure the identification of issue root cause, partnering with control and process owners to recommend holistic corrective actions and improvements, provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies
• Ownership of delivery and ultimate closure of corrective action plans (CAPs) completely, accurately and on-time.
• Determines the needs of policy updates, identifying opportunities and leading transformation projects, driving process and control standardization (MCA), and the development of improved monitoring controls, with ownership of policy adoption plans, compliance metrics, communication and training.
• Evaluates LPM processes to ensure accurate accounting process, adequate controls are in place.
• Analyzes and identifies overlapping control initiatives to resolve duplication of effort.
• Oversee data governance and/or data risk and controls, work closely with business/functions to ensure practices are embedded throughout LPM.
• Execute risk control coverage strategy, ensure appropriate risk mitigation actions are in place and escalate to senior management as appropriate.
• Provides supervision of Operational/Risk Control team's efforts and assist with prioritizing and addressing roadblocks encountered.
• Provides advice to internal clients on the implications of business trends, issues, operating environment changes and company or business unit strategy.
• Drive Manager's control assessment monitoring, quarterly approvals and improvements required.
• Collaborates effectively by building partnerships and working well with others to meet shared objectives.
• Communicates effectively, develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences; able to drive consensus, and influence relationships at all levels.
• Support management in the review and challenge process, within the FLUs, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, conducting the control monitoring, handling deficiencies, and escalating issues for resolution.
• Assist management in exercising control over Operational and Compliance Risk in accordance with established Policy requirements.
• Assess, with management, Risk Appetite and monitor / assess in accordance with enterprise requirements (if applicable).
• Take ownership to identify, assess, record and response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
• Ensure that adequate governance and training are in place to support management of Risk profiles.
• Assess, with management, the risks associated with New Activities and changes to the Business, ensuring these are well understood and adequately controlled (if applicable).
• Assist management in guiding and influencing standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
• 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 10+ years of relevant experience in Wholesale Lending Credit Risk, Financial Services, plus 5 years of managerial experience
• SME around Operational Risk/Data Risk and Control Frameworks and policy development
• Strong business analysis competency with historic success in shaping opportunities via conceptual thinking and abstract problem-solving capabilities
• Process-oriented individual with demonstrated success in driving change
• Intellectual curiosity, analytical and conceptual thinker
• Proactively seeks and develops new opportunities.
• Excellent analytical, interpretive, and problem-solving skills
• Self-aware with ability to adapt to various situations while creating a future vision for the team
• Consistently demonstrates clear and concise written and verbal communication skills
• SQL, Perl or Python, Matlab or R, Excel VBA. Database administrator experience is a plus.

Education:
Bachelor's/University degree / Masters degree preferred
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Primary Location:
Irving Texas United States
Primary Location Salary Range:
$144,480.00 - $216,720.00
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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