Operational Risk Management Senior Vice President

4 weeks ago

Belfast, United Kingdom 11037 Citibank, N.A. United Kingdom Full time
Operational Risk Senior Vice President

Citi is seeking an experienced Operational Risk Senior Vice President to join its Operational Risk Management Team. As a key member of the team, you will be responsible for providing independent oversight and assurance over the bank's operational risk management framework, ensuring compliance with regulatory requirements and internal policies.

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.
  • 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.
  • Problem-solving and interpersonal skills with flexibility to navigate dynamic business environments.
  • 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; must be able to address and resolve conflict while maintaining relationships.
  • Ability to think strategically and develop long-term risk management plans and solutions.
  • Demonstrable leadership with the ability to lead and mentor a team.
  • Bachelor's/University degree and Master's degree preferred.
What We Offer:

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.

We offer a competitive base salary, annually reviewed, and a whole host of additional benefits, including:

  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
  • 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.
  • 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.

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