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The Data Risk Officer role will serve as a subject matter expert on data risk appetite planning, metric reviews, and analysis, leading the review and challenge of firm-wide efforts to manage data risk and the monitoring of data risk reduction activities. This role will have a central role in the ingestion and synthesis of firm-wide 2LOD challenge activity on data risk into the Data Risk Appetite Assessment process.
Job Responsibility:
Support the primary oversight of the firm's Data Risk Appetite, including assessment of factors of risk, assessing and monitoring "path-to-green" efforts, and managing metrics that measure risk and associated analysis
Work collaboratively with 1LOD teams to support the definition of clear "path-to-green" strategies and assist in driving the execution of agreed plans
Contribute to identifying and executing independent second-line risk assessments, in coordination with other ORM teams where needed (e.g., contributing to challenges of specific risk appetite metrics) to meet internal commitments, leveraging the hub-and-spoke model
Participate in internal knowledge sharing initiatives related to Data Risk Appetite efforts
Help ensure that this multidisciplinary and cross-cutting risk area is well understood and that the implications of firm-wide remediation efforts are understood in terms of "path-to-green" efforts
Assist in the negotiation and remediation of identified risk and control concerns
Prepare materials for escalation of significant or unaddressed risk issues and control environment concerns to appropriate governance forums and Risk leadership
As needed, support the primary interface to key stakeholders such as regulators, senior management, and the Board, as it relates to 2LOD assessment/point of view for the Risk Category
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards
Requirements:
5-7 years of direct experience in a non-financial risk (data, technology, or reporting risk) or relevant 1LOD function within a financial services organization
Experience in assessing risk appetite for non-financial risks aligned with regulatory expectations
Proficient in risk assessment principles and supervisory expectations in terms of the quantity and quality of operational risk management
Demonstrable understanding of Data Management fundamentals, including Data architecture, Data principles, and a deep appreciation of intersectionality and interdependency with enterprise Technology and systems architecture
Strong technical problem-solving and analytical skills to include design and execution of risk and control assessments
Ability to identify conflicts, discrepancies, and other issues, and contribute to bringing together the right team to solve them
Deep expertise with risk metrics, including prominent roles in design, delivery, sustainability of metric delivery and/or auditing/challenging metrics
Well-developed listening skills and a strong ability to communicate and engage effectively, both orally and in writing
Ability to constructively challenge others at all levels and across boundaries to deliver better results
Experience in working with internal relationships and partnering with a range of stakeholders (e.g., business, functions) to support change management efforts
Continuous improvement mind-set to solve for root causes, assess the impact of actions, and adjust as needed
simplify and standardize at every opportunity
Well-versed in executing risk management monitoring routines, tracking identification to resolution
Experience applying operational risk management frameworks in a global organization
Bachelor's degree in Computer Science, Data Science, Information Technology, Business, or a related field
What we offer:
Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work - life balance
Career progression opportunities across geographies and business lines
Socially active employee communities with diverse networking opportunities