AVP, Business Risk and Control Sr. Analyst

Team/Role Overview

As an organization, we set objectives, engage in business activities, and design and implement business processes. Risk is inherent in our business through the decisions we make. Risks are potential events which might have an impact on our ability to achieve those objectives, conduct our business activities safely, or execute processes effectively. Citi mitigates risk through the implementation of controls. Controls are important to Citi as they help to mitigate risks, comply with regulations, protect assets, and maintain the trust of customers and stakeholders. Citi uses the Risk and Control Self-Assessment Program to identify, measure, monitor, control, and report Operational and Compliance risks. RCSA is the Citi-wide program that enables the recording and management of Key Controls in accordance with the Control Standard. The RCSA program provides a well-controlled environment that builds trust, enables speed and scalability, and improves client experience as our business evolves.

Our roles entail ensuring we operate in a robust control environment, while in a fast-paced workplace. We comply with global regulations and internal policies and adopt a proactive approach to identifying opportunities to reduce risk through the continuous evaluation of our controls; to protect our clients, the firm, and our reputation.

Job Description:

Join Citi's Markets Controls team to support several critical control and governance processes, enabling the execution of roles and responsibilities under the enhanced RCSA operating model. The role supports execution of the end-to-end control framework across the respective businesses and assists in the identification of Operational Risk issues, while implementing both tactical and strategic solutions to manage these risks, enhance and monitor controls and ensure adherence with Citi policy and standards.

The candidate will join a dynamic and diverse global team of Risk and Control professionals. Ability to leverage the team skills and experience is key to success  in this role.

Key Responsibilities:

• Support the risk assessment process, including the analysis of Operational and Compliance risks, reviewing global monitoring results and preparation of management metrics and presentations.

• Support the In-Business Risk & Control and Business Management teams to maintain and enhance the control environment and the continuous development of the RCSA content.

• Support the mapping and tracking of Operational Risk events and issues impacting the RCSA program.

• Support the RCSA’s Continuous Risk Management (CRM) program in maintaining the ongoing identification, assessment and residual risk management of all Operational and Compliance risks and the Key Controls that mitigate them.

• Provide support in execution oversight of the RCSA program through defined escalation pathways to governance forums on residual risk, new and existing Risk Acceptances, KRI breaches, most significant risks, control Issues, emerging Operational and Compliance Risks impacting business objectives, and on the timeliness and effectiveness of corrective actions taken to improve controls.

• Interact with Markets 1LOD teams, Operational Risk Management, Compliance, Internal Audit and other functions to provide deliverables and business insight. Participate as required in ad-hoc reviews and regulatory / supervisory examinations of the Markets business.

• Support other ad-hoc initiatives where required.

Development Value:

• Develop a detailed understanding of the businesses supported, products and processes and how they operate within a large organization, which spans across multiple countries.

• Gain in-depth knowledge of the control framework, governance processes and tools.

• Develop a global network of contacts within the business, Markets Controls, Operational Risk Management, Compliance, Internal Audit and other

• functions.

• Build effective prioritization skills as the job entails dealing with multiple conflicting priorities in a time pressure environment.

• Exposure to major projects at Citi to leverage and grow risk management and project management skills.

• Successful candidates will have the opportunity for future career progression within Markets.

• Requirements:

• Bachelor’s degree in applicable field required.

• 2-5 years’ work experience in financial services

• Experience in Risk Management / Risk and Controls, Compliance or Internal Audit.

• Experience in project work, process re-design and change management.

• Excellent