Business Risk and Control Sr Analyst, Citi

Citi

Location:
Singapore, Singapore

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The role focuses on risk and control management for Citi’s Wealth Control organization in Singapore, enabling the identification and mitigation of regulatory risks, implementing control frameworks, and collaborating across various lines of defense to enhance operational and compliance standards.

Job Responsibility:

Responsible for Control Design Assessment, ARCM Management and Review including Inherent Risk Rating, Back Testing for Issues and Losses, for Asia Investment Solution business covering 3 trading Desk and Investment Solution BE activities across Private Bank and CG CPC
Accountable for oversight and consistent implementation of the MCA Standard for Investment Solution business
Responsible for acting as a supporting partner and consultant throughout the MCA lifecycle and supporting businesses and functions in implementing MCA with operational and compliance risk and control SMEs
Produce reports on outcome-based insights and identify control issues across common processes
Engage with respective business stakeholders across Capital Market & Manages Investment teams in Asia to evaluate each control and whether objective is appropriate in context of inherent risk and whether controls are adequately designed
Engage with CTU and Global Controls team (CMU) and business stakeholders in execution of control design, informing control owners on outcome of control design and reporting of results of control design assessment across 600 Local ARCMs and 400 odd EMP and SMPs across sub assessment Unit for Investment Solution business in Asia
Engage with Control Owners to design new or augment existing controls as a result of New Activity Rollout, Process enhancements, Audit and Compliance Testing Findings, escalation events, Lesson Learned activities and Self-identified Issues
Serve as the single contact within Asia Investment Solution Risk and Control team to engage with business and stakeholders on MCA Control Design and the ongoing effort on GPMP adoption/enrichment, addressing QC issues and continuous monitoring of controls
Work with product teams across Investment Solution and DCAAF team in designing new Digital Monitoring Tools including supporting business in disposition of outliers, identifying root cause for any confirmed outliers, and supporting business in raising corrective actions, wherever applicable

Requirements:

University graduate with at least 6-8 years of experience with strong strategic, analytical and product management skills
Candidate should have good knowledge on Investment Products
Must have exposure to 2-3 years of Risk, Control, Audit or Compliance roles
Working-level knowledge of core end-to-end processes performed in the Consumer and Private Bank business
Experience with governance, risk and control management, risk approvals, as well as engaging with 2nd/3rd lines of defense
Understanding / familiarity with new product development (e.g. first and second line of defense risk/control mechanisms
Ability to move from granular detail to strategic level, with effective executive presentation skills
Comfortable operating with limited guidance and under significant time pressure

What we offer:

Access to telehealth options
Health advocates
Confidential counseling
Financial well-being programs
Planning for future support programs

Additional Information:

Job Posted:
May 06, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Business Risk and Control Sr Analyst