Fraud Risk 2nd LOD Senior Lead Analyst, Citi

Citi

Location:
Hungary, Budapest

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Individuals in Operational Risk establish and manage operational risk policies, propose strategies, and governance processes designed to minimize losses from inadequate controls, fraud, and potential bankruptcy. This includes supervision over technology operational risk, cyber risk, and fraud risk. These individuals are also responsible for the development of tools and infrastructure that support fraud monitoring and prevention, using advanced analytical and statistical skills to identify policy gaps and recommend changes to current policies.

Job Responsibility:

Oversee the application of fraud risk policies, tools, and governance processes, creating sustainable solutions for minimizing losses resulting from failed internal processes, inadequate controls, and emerging risks related to fraud
design and oversee the implementation of robust control measures to mitigate identified fraud risks
independently assess fraud risks within the business, ensuring that the level of exposure to potential fraud risk is within the organization's acceptable risk appetite
review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the 1st line of defense
build and maintain effective relationships with business partners, establishing credibility by understanding the business, their needs, strategic priorities, and challenges
provide strategic fraud risk advisory and support to the business and other stakeholders
guide them in making informed decisions that consider the potential impacts and risks of fraud
partner with key stakeholders to drive fraud risk management strategy in alignment with organizational objectives and risk appetite
support independent oversight and assurance over the bank’s broader operational risk management frameworks, ensuring compliance with regulatory requirements and internal policies
support internal and external audits and regulatory examinations, as applicable
report and escalate significant risk issues and breaches to executive management
partner with senior management on the reporting and presentation of fraud risk status, trends, and key developments to the board, regulators, and other key stakeholders, as applicable
foster a culture of fraud risk management awareness and accountability in the organization, ensuring that employees understand their roles and responsibilities in preventing, detecting, and reporting fraudulent activities

Requirements:

10+ years of experience
robust understanding of fraud risk, and broader operational risk management frameworks, industry standards, regulatory requirements, and risk mitigation practices
demonstrated leadership in coordinating with business units and senior management to address fraud risk issues and implement solutions
demonstrated track record of effectively assessing and managing competing priorities
experience interacting with regulators and internal audit
previous experience working on complex firm-wide projects or processes
effective leadership ability to credibly challenge and influence stakeholders
comfortable in dynamic environments, capable of adapting to change while maintaining focus on risk management objectives
ability to think strategically and align fraud risk management with organizational goals and regulatory obligations
excellent communication skills, with the ability to interact effectively at all levels, develop strong partnerships across the organization, and present complex information clearly to senior management and stakeholders
compelling leadership qualities with ability to credibly challenge the 1st line and influence stakeholders
effective stakeholder management skills, with the ability to understand drivers and overcome barriers
dynamic negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views
robust analytical problem-solving abilities and a high level of integrity to deal with highly confidential data

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

Additional Information:

Job Posted:
June 24, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Fraud Risk 2nd LOD Senior Lead Analyst