Business Risk Senior Officer I - C14

The Business Risk Senior Officer I with support the day-to-day execution of Wealth’s first-line risk management framework.  The professional will closely follow latest trends in the industry and adapts them for application within the role.  This role will analyze and synthesize various risk management data elements and reports to proactively identify and mitigate risks for our business.  This role will be engaged in driving policy compliance across the Enterprise Risk Management Framework for the Wealth organization.  Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other functional areas.  Accountable for significant direct business advice regarding the operations and risk profile of the business. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

Responsibilities:

• Assist the Business in key Enterprise Risk Management policy adherence and ongoing monitoring
• Keep Management aware of the risk and control environment of the Business through continuous and open communication, buy preparing senior management materials for Business Risk Committee meetings to present and follow-up on issues, concerns and corrective action plans.
• Update and maintain a robust Manager’s Control Assessment (MCA) in compliance with the Citi Operational Risk Policy to drive proactive risk reduction across products, geographies, and functional areas
• Ensure adherence to the Citi Operational Risk Policy in regard to operational loss approvals and reporting.
• Ensure that the Business has a sound control environment including adherence to relevant policies where appropriate.
• Responsible for the coordination of key projects and ensuring periodic risk assessments are executed timely
• Serve as main point of contact for key stakeholders and ensure that requests are timely and appropriately provided
• 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 10+ years experience in Risk Management, Audit, Compliance or other control function
• Consistently demonstrates clear and concise written and verbal communication skills
• Excellent communication and organizational skills required
• SQL, Perl or Python, Matlab or R, Excel VBA. Database administrator experience is a plus.

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 & Control

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Time Type:

Full time

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Primary Location:

Long Island City New York United States

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Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Oct 14, 2024

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, s