Controls Lead for Cash Management Operations

The Controls Lead for Cash Management Operations is part of the broader Operations Controls function within the Chief Operating Office (COO) organization. The Operation Controls function is responsible for driving the Risk and Control framework and governance across the Operations product areas. This Controls position covers Cash Management Operations, which is responsible among other for managing Citi’s nostro accounts and optimizing fund balances across correspondent bank accounts. This team is part of a broader Cash Services Operations function, which is an enterprise-wide utility providing financial integrity and efficiency through comprehensive payroll management, strategic cash flow optimization and robust payment capabilities controls. This role will work in close partnership with Cash Management Operations, Liquidity Management, Market Operations, Operational Risk Management (ORM) and Independent Compliance Risk Management (ICRM) areas to assess the risk profile of processes and develop and maintain a robust control framework that pro-actively identifies and mitigates emerging and materialized risks. The role is also expected to bring thought leadership to the product and be an integral part of the Cash Services Controls management team. The individual must have an in-depth understanding of Operational Risk management and a good understanding of the financial industry, preferably Treasury/Liquidity/Cash Management area. The role requires thorough understanding of the strategic direction of the function, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication, coordination and Power Point skills are a must in order to articulate internally issues, action plans, etc., often at a senior level. Some external communication/negotiation may be necessary with either regulators or auditors.