Business Risk Officer
3 weeks ago
Citigroup Global Markets Limited seeks a highly skilled Business Risk Officer - Risk Management Expert to join its Client Controls function. This role is responsible for assisting covered teams with client policy adherence and monitoring, ensuring quality and completeness of control framework implementation, and leading issue root cause identification and corrective action planning. The successful candidate will have a strong background in risk and controls, excellent problem-solving skills, and the ability to work collaboratively across different functions and geographic locations.
Key Responsibilities:
- Assist covered teams with client policy adherence and monitoring.
- Ensure quality and completeness of control framework implementation.
- Lead issue root cause identification and corrective action planning.
- Work with business supervisors and technology partners to establish sustainable controls and monitoring methodologies.
- Assist in implementing policies, standards, and procedures that conform to enterprise requirements.
- Maintain a robust Manager's Control Assessment in compliance with the Manager's Control Assessment Standard.
- Ensure new controls are included in respective teams' frameworks and relevant dependencies are set up.
- Keep management aware of the risk and control environment of the business, including emerging risks.
- Lead or participate in enhancement/transformation initiatives to remediate identified gaps.
- Take ownership of identifying, assessing, recording, and responding to operational and compliance risk events.
- Partner with business control owners to ensure timely action on process or monitoring fails, trends, operational losses, open issues, and action plans from ineffective controls.
- Serve as the main point of contact for audit groups and ensure all audit requests are timely and appropriately provided.
- Assess risk when business decisions are made and demonstrate consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets.
- Act as a subject matter expert providing support to stakeholders and control functions on an ad-hoc basis.
- Engage in additional work streams as required.
In this role, you can expect to acquire in-depth knowledge of processes related to supported functions and partners' organizations, develop technical skills through process improvement and automation, collaborate with colleagues from different functions, countries, and diverse backgrounds, gain exposure to the Firm's senior stakeholders within various functions, contribute meaningfully to a growing business function, and develop others. You will also have opportunities to learn new technology and tools and work in a friendly, dynamic, and diversified environment.
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