Senior Risk Assessor - Operational Risk - C14 - Hybrid

Company: Citi
Location: Union
Posted on: June 25, 2022

Job Description:

The Operational Risk Sr Officer I is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas . Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy.Responsibilities:

• Leads, coordinates and performs the operational risk assessment activities for USRB owned new initiatives in partnership with the project team and risk strip SMEs, including for multi-year complex cross functional projects
• Works in partnership with the project team and process owners to design and create new controls and enhance existing controls as needed to remediate identified risks
• Manages and tracks control population performance for each assigned initiative
• Performs risk assessment for new initiatives owned by other lines of business and functions, covering activities where there is USRB or Mortgage impacts or involvement
• Establishes and oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
• Independently asses risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
• Governance and oversight may include (not limited to) monitoring and assessing control performance, presenting assessment results to senior leaders and in required governance forums, performing post implementation assessments, etc.
• Serves as a subject matter expert for all operational risk and control assessments
• Analyzes a multitude of scorecards/performance management tools in an attempt to mitigate exposure (risk/financial/regulatory)
• Collaborates to resolve any issues and escalate those that require support.
• Develops and maintains relationships across the business users and Lines of Defense to better understand and deliver customer requirements by responding to changes in the internal and external business environment
• 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.Qualifications:
  • 10+ years relevant experience
  • Outstanding communication and influencing skills through all levels of the organization and with external partners and vendors. Exceptional relationship management skills; must be able to address and resolve conflict while maintaining relationships.
  • Prior operational risk assessment experience
  • In depth knowledge of US Retail Bank processes and technology platforms supporting the lines of business. Ability to effectively communicate complex topics to a broad audience.
  • Detailed oriented with analytical skills, as the role requires a large amount of data manipulation and presentation. Expert in Microsoft Office Tools.
  • Strong organizational/project management skills needed to coordinate multiple inputs, manage stakeholder expectations and meet deadlines
  • Third Party Oversight/Vendor Oversight experience preferredEducation:
    • Bachelor's/University degree, Master's degree preferred-------------------------------------------------Job Family Group: Risk Management-------------------------------------------------Job Family:Operational Risk------------------------------------------------------Time Type:Full time------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .View the "" poster. View the .View the .View the -----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Union , Senior Risk Assessor - Operational Risk - C14 - Hybrid, Other , Union, New Jersey