Senior Vice President of Operational Risk

6 days ago

Belfast, United Kingdom Citi Full time
About the Role

Citi is seeking a highly skilled and experienced Operational Risk Management Senior Vice President to join its team. As a key member of the Operational Risk Management team, you will play a critical role in identifying, assessing, and mitigating operational risks across the organization.

Key Responsibilities
  • Provide independent oversight and assurance over the bank's operational risk management framework, ensuring compliance with regulatory requirements and internal policies.
  • Lead and guide a team of risk professionals, providing mentorship, guidance, and performance evaluations.
  • Review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the First Line of Defense (1LOD).
  • Produce comprehensive and accurate risk reports for senior management and regulators, highlighting key risks, trends, and emerging issues.
  • Collaborate with other risk functions to provide a holistic view of the Business risk profile.
  • Analyze operational risk data to identify patterns, root causes, and potential areas of concern.
  • Develop targeted action plans and participate in the ongoing development and refinement of Citi's Operational Risk Management Framework and underpinning Policies, Standards, Procedures.
  • Independently leverage risk assessment tools and 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 and maintain effective working relationships with Operational functions, positioning yourself as a trusted partner, leading to better alignment of risk management activities with Business objectives.
  • Act as a trusted advisor to business units, providing expert guidance on risk mitigation strategies, control enhancements, and risk reduction measures.
  • Facilitate risk workshops, training sessions, and awareness programs to promote a strong risk culture within the bank.
  • Monitor regulatory developments to ensure the organization remains compliant with evolving legal requirements, proactively manages emerging risks, and makes informed strategic decisions.
Requirements
  • Significant Risk Management expertise.
  • Knowledge of Operational Processes and underlying Policies, Procedures, Regulatory requirements is preferred.
  • Proven record of delivering tangible outcomes in risk management, demonstrating ability to apply expertise effectively and drive meaningful results.
  • Strong analytical skills with the ability to analyze risk data, identify trends, and develop actionable insights.
  • Outstanding communication and influencing skills through all levels of the organization, with the ability to articulate and present complex risk concepts.
  • Exceptional relationship management skills.
  • Ability to think strategically and develop long-term risk management plans and solutions.
  • Demonstrable leadership with the ability to lead and mentor a team.
What We Offer
  • A competitive base salary, annually reviewed.
  • A generous holiday allowance starting at 27 days plus bank holidays.
  • A discretionary 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.

Citi is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating an inclusive environment that values diversity and promotes equal opportunities for all employees and job applicants.

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