SVP, Senior Operational Risk Officer - Data Risk - C14 (Hybrid)

Job Description:

Individuals in Operational Risk establish and manage operational risk policies, propose strategies, and governance processes designed to minimize losses from inadequate controls, fraud, and potential bankruptcy. This includes supervision over technology operational risk, cyber risk, and fraud risk. These individuals are also responsible for the development of tools and infrastructure that support fraud monitoring and prevention, using advanced analytical and statistical skills to identify policy gaps and recommend changes to current policies. This role is crucial to the company as it fortifies against potential operational risks, thereby protecting the company's financial stability and reputation, and contributing towards the overall business resilience and success.

Responsibilities: 

• Oversee the application of data risk policies, tools, technologies, and governance processes, creating sustainable solutions for minimizing losses resulting from failed internal processes, inadequate controls, and emerging risks.
• Support the development and implementation of the Data Governance Policy, procedures, and various other standards/methodologies. Accompanied by the ability to monitor the effectiveness and adoption within the business
• Design and oversee the implementation of robust control measures to mitigate identified data risks.
• Lead reviews that challenge the effectiveness of data risk mitigation strategies, governance structures, data risk taxonomy, data risk appetite, data risk issue management, data controls framework, and metrics.
• Build and maintain effective relationships with Business partners, establishing credibility by understanding the business, their needs, strategic priorities, and challenges.
• Provide data risk advisory and support to the business and other stakeholders. Guide in making informed decisions that consider data risk, path to green, and other remediation activities.
• Partner with key stakeholders to drive data risk management strategy in alignment with organizational objectives and risk appetite.
• Foster a culture of data risk awareness and accountability in the organization, ensuring that employees understand their roles and responsibilities in mitigating risk exposure.
• Partner with Sr. management on the reporting and presentation of data risk incidents, trends, and key developments to the board, regulators, and other key stakeholders, as applicable.
• Support internal and external audits and regulatory examinations, as applicable.
• Review and analyze different types of documentation to provide feedback, enhancement suggestions or inquire additional information.
• Lead or participate in projects and other initiatives requested by Sr. management.
• Report and escalate significant risk issues and breaches to executive management.
• Assist in monitoring and review of various aspects within data programs including but not limited to data concerns, operating models, issues, metrics, architecture tooling, enterprise data, EUCs, data quality, and controls.

• Inspires people with a compelling and aspirational future vision; demonstrates optimism when leading the organization through challenges and uncertainty.
• Creates a highly resilient organization in which people persist through challenges, transparently communicate and own mistakes, and actively apply learnings to make Citi better.
• Establishes a safe environment where people candidly communicate opinions, seek diverse opinions, and actively debate decisions.
• Fosters a culture that rewards teams to pursue breakthrough ideas and improve business results; proactively invests resources in innovation initiatives.
• Creates a culture that strongly encourages teams to prioritize enterprise success over individual agendas and do the right thing for the organization.
• Boldly creates focus by aligning critical priorities across businesses, functions, and regions; eliminates nonessential work that could distract the organization from executing key priorities.
• Champions innovative ways to manage risk through streamlining processes and building common methods.
• Creates and reinforces a culture of exceptional controls that support client satisfaction and operational effectiveness.
• Proactively solves systemic enterprise challenges by investing time and resources to gather cross-enterprise data; builds sustainable solutions that fully address the root causes of issues.
• Creates a performance culture of high expectations that inspires people to continuously deliver excellence and exceed company goals.
• Energizes and reinforces an ethical environment where doing the right thing for clients and Citi is expected in every decision and action.
• Establishes a culture where teams actively cultivate coll