The Business Risk and Control Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job familyThis role will be part of the Central Governance & Controls team organization with responsibility for supporting the implementation of the Control Standard requirements and the execution of MCA QA requirements as required by the MCA Standard. In addition, the role will support the implementation of the new MCA risk rating methodology.Responsibilities:
Overall responsibility for supporting implementation of the control standard, including the creation of a control inventory
Coordinate gap assessment and review of business controls vs minimum control standards
Develop business level procedure and guidance
Implementation and execution of the MCA Standard requirements for QA activities
Drive consistency for MCA risk rating methodology including business support and guidance
Provide specialist / SME control advice and guidance
Create, monitor and report on key metrics to track progress, identify risk and provide analytics for control oversight
Help contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e. Risk & Control Self-Assessment) processes as required by the MCA Standard
Support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Control Standard and Control Inventory.
Support the review and challenge process, within the FLUs, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, handling deficiencies, and escalating issues for resolution.
Qualifications:
6-10 years of experience.
MS Excel, MS Access, SAS, SQL, Visual Basic a plus. 5+ years’ experience in financial services.
Consistently demonstrates clear and concise written and verbal communication skills
Effective organizational influencing skills required.
Demonstrated ability to lead global team efforts
Excellent problem-solving skills Ability to see the big pictures with high attention to critical details
Demonstrated ability to develop and implement strategy and process improvement initiatives.
Education:
Bachelor's/University degree, Master's degree preferred.
Job Family Group:Risk ManagementJob Family:Business Risk & ControlTime Type:Full timePrimary Location:New York New York United StatesPrimary Location Full Time Salary Range:$129,840.00 - $194,760.00In 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:Apr 02, 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.