Business Risk and Control Officer

Citibank, N.A. seeks a Business Risk and Control Officer for its Rutherford, NJ location.

Duties: Accomplish results through the management of professional team(s) and department(s). Work with a diverse group of stakeholders to achieve milestones and deadlines. Integrate subject matter and industry expertise within a defined area. Contribute to standards around which others will operate. Demonstrate in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Demonstrate commercial awareness. Develop communication and diplomacy skills to guide, influence, and convince others, in particular colleagues in other areas and occasional external customers. Develop relationship management skills to deepen relationships and build partnerships across the business, executive leadership, and key functional support areas including Government Affairs, Communications, Legal, Compliance, Control, In-Business Risk, and Independent Risk Responsible for volume, quality, timeliness, and delivery of end-results of an area. Conduct planning, budgeting, and policy formulation within area of expertise. Participate in short-term resource planning. Ensure development plans are created and executed. Handle full management responsibility of a team, which may include management of people, budget, and planning, to include duties such as performance evaluations, compensation, hiring, disciplinary actions and terminations, and may include budget approval. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.

Requirements: Bachelor’s degree, or foreign equivalent, in Management, or a related field, and six (6) years of experience in the job offered or in a related occupation performing risk analysis within the financial services industry. Six (6) years of experience must include: Utilizing knowledge of the control environment to identify key operational risks and to monitor and assess the effectiveness of control performance and adequacy of control design to ensure risks are managed within appetite; Performing periodic deep dive exercises for specific event-driven risks, utilizing knowledge of applicable policies and procedures to monitor portfolio metrics and trends and complete root-cause analysis; Supporting the book of work raised as part of the consent order to address the deficiencies raised by the regulators; Utilizing knowledge of risk systems to address regulatory, policy, and control gaps through to remediation; Streamlining and simplifying processes across risk, including streamlining processes to ensure policy requirements are met and reduce manual touch points; Tracking remediation of regulatory, audit, and control gaps through to closure, and ensuring the policy requirements are met; and Utilizing knowledge of risk management working across the lines of defense to review control design and performance and develop remediation plans to address deficiencies in the control environment. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID# 25851936. EO Employer.

Wage Range:                $193,003.00 to $193,003.00

Job Family Group:         Risk Management

Job Family:                   Business Risk & Control

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Time Type:

Full time

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Primary Location:

Rutherford New Jersey United States

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Primary Location Full Time Salary Range:

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