Head of Technology Risk for Wealth, USPB & Legacy Franchises

The Technology & Cyber Compliance and Operational Risk Office (TCCORO) at Citi is the firm's reliable second set of eyes. Our mission is to drive comprehensive and consistent practices designed to identify, measure, monitor, report and manage operational and compliance risks while promoting the implementation of actions to address root causes which may lead to unintended operational losses. TCCORO provides specialized subject matter expertise to challenge the Technology Estate across the firm and provide credible second line oversight to ensure the strategies meet business objectives. In essence, we are the technology and cyber conscious of the bank. In line with the ORM and ICRM frameworks, we aim to ensure that internal controls are designed to mitigate technology and cyber risks, are appropriately managed and aligned with our risk appetite to adhere to regulatory obligations and conformance with heightened standards.

Responsibilities

Reporting into the Global Head of Business Segments Technology Risk & Compliance, this role will have oversight responsibility for a significant portfolio of across the Wealth, USPB and Legacy Franchise organizations. The coverage area responsibilities for this Managing Director position entail the following:

• Leading a large second line function that is responsible for executing a holistic, integrated operating model inclusive of performance of technology capability risk assessments, conducting credible challenge activities and ongoing monitoring against industry frameworks (i.e. COBIT, NIST CSF/CRI, etc.) and in compliance with the OCC's Heightened Standards.
• Oversight of the establishment and implementation of technology standards, procedures, and frameworks for the coverage domains.
• Perform independent review and credible challenge of the performance of universal key indicators and other metrics in support of the Technology and Cyber Risk Appetite Statements.
• Represent TCCRO/Second line of defense in various forums including Risk Forums, Safety & Soundness, Risk committees, Regulatory Updates, Internal and External Auditors, etc.
• Influence, and challenge as the organization implements the Transformation program for Technology Risk.
• Oversight of the delivery and performance of technology solutions that are distributed globally to ensure appropriate controls are in place prior to deployment with minimal post implementation disruption.
• Clearly communicate to technology and business managers the impact of control weakness and design control deficiencies on service delivery capabilities

Building upon Citi’s Operational Risk Management Framework, this Managing Director position will have responsibility to perform independent assessment of the technology capabilities in accordance with risk assessment and risk appetite performance to identify the inherent risks in Citi’s infrastructure and security programs and services and reviewing the acceptability of residual risk. The ability to forge strong relationships across a variety of disciplines is vital to the success of this function. Further, staying abreast of key Tech and Cyber trends, actively engaging the industry on latest and emerging operational Risks and authoring white papers will solidify credibility and contribute to best in class second line coverage.

Qualifications:

This candidate will be an acknowledged thought leader in technology and cyber risk management with over 20 years of technology experience in complex IT management, tech/cyber risk, and controls with globally complex, dispersed, and diverse organizations.

The ideal Managing Director will have in-depth, detailed knowledge of technology risks and controls, infrastructure, cloud, and emerging Technology Management, Operations, and Information Security practices in the financial industry especially as it relates to enterprise functions and business sectors. This individual should have the following experience and skills:

• Knowledge of full system, software, and security development lifecycle.
• Extensive risk knowledge including ability develop metrics and risk appetite thresholds.
• Experience with the management and oversight of technology infrastructure components such as Network, servers, databases, and data center design and operations.
• Knowledge of Information Security and Cyber security controls, technologies, operations, and operational response processes.
• Knowledge of Cloud security and controls, including secure design patterns and governance
• Experience with reviewing and evaluating technology architecture de