Business Risk and Control Officer, Citi

Citi

Location:
United States, Irving

Category:
Finance

Contract Type:
Employment contract

Salary:

114720.00 - 172080.00 USD / Year

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Job Description:

The Business Risk and Control Officer is a strategic professional responsible for governance, controls, and risk management tasks within Citi. This role includes risk assessment, control design, execution of compliance policies, and automation of control solutions, requiring strong problem-solving and leadership skills.

Job Responsibility:

Help contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e. Risk & Control Self-Assessment)
support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy and Control Inventory
assist in performing a detailed analysis on the identification of issue root cause, partnering with control and process owners to recommendations holistic corrective actions and improvements
provide check and challenge to ensure appropriate escalation in accordance with Issue Management and Escalation Policies
help contribute to the Lessons Learned Policy, including monitoring of control breaches and dissemination and learnings across other business units for process improvement
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
assist in the monitoring of the adherence to the MCA Standard through controls after the execution of a process (QA)
support in dealing with Operational and Compliance Risk in accordance with established Policy requirements
assist in performing a detailed analysis to identify, assess, escalate, and manage risk exposures across Risk Categories
assist in supporting Risk Appetite and monitor/assess exposures against this in accordance with enterprise requirements
ensure adequate governance and training are in place to support management of Risk profiles
contribute to the risks associated with New Activities and changes to the Business, ensuring these are well understood and adequately controlled
support operational risk scenario analysis and stress testing for Operational Risk Capital requirements
coordinate risk and control responsibilities and ensure accountabilities are embedded within FLUs
support with standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.

Requirements:

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
third party vendor management preferred
demonstrated ability to lead global team efforts
excellent problem-solving skills
ability to comprehend the big pictures with high attention to critical details
demonstrated ability to develop and implement strategy and process improvement initiatives
excellent knowledge of the principles of control design, execution and testing
knowledge of advanced automation tools and applications
good understanding of MCA (Managers Control Assessment) frameworks and processes
advanced skills in MS Word, MS Excel, MS PowerPoint, and MS SharePoint
effective communication, written and presentation skills
strong people and relationship management skills with the ability to influence others and foster a sense of collaboration
strong execution and project management skills with drive for continuous improvement to ensure timely/quality delivery of critical projects/tasks
innovative and independent thinker and able to structure, design and articulate imaginative automated solutions.

Nice to have:

third party vendor management
knowledge of advanced automation tools and applications
demonstrated ability to develop and implement strategy and process improvement initiatives
innovative and independent thinker and able to structure, design and articulate imaginative automated solutions.

What we offer:

medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
discretionary and formulaic incentive and retention awards.

Additional Information:

Job Posted:
April 29, 2025

Expiration:
May 05, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Business Risk and Control Officer