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Operational Risk Vice President at Citi
4 months ago
By Joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
The Operational Risk Management (ORM) Team in Belfast is seeking to hire an Operational Risk Vice President to support its growing footprint, with a focus on Lending Operations, Cash Services, Tax Information Reporting, Balance Sheet, and Controls within the Services, Markets, Banking, International, and Client sector.
This role is part of the Second Line of Defense (2LOD) and is critical in providing independent oversight, assurance, and effective challenge to the bank's operational risk management activities. The ideal candidate will support the Senior Vice President (SVP) identifying, assessing, and mitigating operational risks, ensuring compliance with regulations and internal policies, and providing strategic guidance on risk management initiatives.
You will require experience in risk management practices, strong analytical skills, excellent communication (both written & verbal), and ability to work both independently and as part of a team to be successful in this position.
What you'll do Provide independent oversight and assurance over the bank's operational risk management framework, ensuring compliance with regulatory requirements and internal policies, as well as guidance on risk mitigation strategies, control enhancements, & risk reduction measures. Contribute to risk assessments and reviews of business units to identify, assess, and monitor operational risks, and to team Book of Work, prioritizing tasks effectively & deputizing for SVP, when required. Review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the First Line of Defiance (1LOD). Assist with the development of comprehensive risk reports, combining qualitative & quantitative data/insights, highlighting key risks, trends, and emerging issues. Analyze operational risk data to identify patterns, root causes, and potential areas of concern. Use this information to develop targeted action plans. Leverage risk assessment tools & methodologies to conduct thorough investigations into areas of concern, ensuring that tangible outcomes are achieved. Conduct root cause analysis of significant incidents and ensure that appropriate corrective actions are implemented. Monitor the effectiveness of incident management processes and recommend improvements as necessary. Build & maintain effective working relationships with Operational functions, understanding their needs, strategic priorities, challenges, & opportunities, and facilitate risk workshops, training sessions, and awareness programs to promote a strong risk culture within the bank. What we'll need from you Significant Risk Management expertise. Solid understanding of the Operational Risk Management Framework & three lines of defense model. Knowledge of Operational Processes and underlying Policies, Procedures, Regulatory requirements is preferred. Proven analytical skills with the ability to analyze risk data, identify trends, & develop actionable insights. Demonstrable problem solving and interpersonal skills. Strong communication and influencing skills, with the ability to articulate & present complex risk concepts. Ability to establish & maintain effective working relationships with a diverse set of stakeholders. Detail oriented with strong organizational & time management skills, capable of managing multiple tasks & prioritizing effectively. Bachelor's/University degree and Master's degree preferred. What we can offer you
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as: Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure A discretional annual performance related bonus Private medical insurance packages to suit your personal circumstances Employee Assistance Program Pension Plan Paid Parental Leave Special discounts for employees, family, and friends Access to an array of learning and development resources Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group:
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Job Family:
Operational Risk------------------------------------------------------
Time Type:
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