The Operational Risk Manager role is to serve as an Independent Operational Resiliency Risk Manager to support oversight and challenge of Citi’s Recovery and Resolution Plans (RRP) and related operational risks to the execution of the plans.The mandate of the Independent Operational Risk Management function to oversee Citi’s Recovery and Resolution Plans is to help identify operational risks to successfully execute the plans through a review and challenge program following Citi's Independent Assurance framework. The ORM team also provides oversight to RRP development, update, and testing following established business-as-usual oversight models.Responsibilities:
Support development of operational resiliency review strategy, policy and projects related to Citi’s Recovery and Resolution Plan (RRP)
Apply operational risk management guidelines and procedures for identifying First Line of Defense (FLOD) operationalrisks to executing the RRP's
Pursue continuous improvement and challenge adoption of Lessons Learned during operational resilience related tests, exercises, and simulations
Support Risk Oversight tools development
Ensure Risk Governance framework operates efficiently, and operational losses are operating within the defined Risk Appetite parameters
Provide challenges on Key Indicators and Material Operational Risks
Work with ORM partners and First Line of Defense in the review of the documentation and reporting
Analyze, capture, and report risks. Collaborate with ORM and FLOD technical Subject Matter Experts (SMEs) and management regarding all aspects of operational capabilities for RRP
Evaluate, advise, and ensure effectiveness of Business and Technology capabilities and controls across Citi
Facilitate and disseminate best practices across Tier 1 Material Legal Entities requiring RRP
Qualifications:
5+ years of RRP, Business Continuity, Technology Disaster Recovery, Operational Resiliency, Third Party, and/or Risk Management
Direct experience with Financial Operations recovery planning and testing and/or experience with recovery and resolution plans
Skillful understanding of RRP, business continuity, disaster recovery, third party, and operational risk management lifecycle
Thought leadership and clarity in presenting ideas to senior management
Proven technical knowledge of resilience and recovery principles and processes, to include up to date knowledge of current technology solutions, including Cloud and hybrid third party solutions
Knowledge of regulatory requirements
Demonstrated analytical skills with follow-up and problem-solving capability
Education:
Bachelor’s/University degree, Master’s degree preferred
DRII, BCI, CRISC or related RRP certification preferred
Management:
Ability to work effectively with individuals with diverse backgrounds and positions
Ability to work independently
Ability to communicate complex analytical ideas effectively and persuasively
Ability to influence and stablish relationships with key stakeholders from remote locations
Functional Background:
Project management
Understanding of consumer banking business, systems and processes
Policy formulation
Technical Skills:
Deep understanding of technology risk management and response plan cycle management
Thorough understanding of global business continuity practices and industry trends
Job Family Group:Risk ManagementJob Family:Operational RiskTime Type:Full timePrimary Location:Tampa Florida United StatesPrimary Location Full Time Salary Range:$103,920.00 - $155,880.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:May 07, 2024Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Citi is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.