We are seeking a strategic and experienced professional to join our team as a senior, Third-Party Risk Manager for Markets Operational Risk. The position requires a senior risk officer who will help drive the oversight and enhancement of inter-affiliate third-party risk management across Markets.
The successful candidate will be responsible for ensuring adherence to Citi's Third-Party Management Policy and Standards, supporting the effective implementation of the Manager Control Assessment, and driving continuous engagement with business and control partners. A key aspect of the role will be setting up and supporting a more dynamic change program across third-party risk activities - enhancing agility, strengthening risk mitigation, and improving alignment with evolving business priorities.
The role is pivotal in supporting a robust control environment and fostering a culture of transparency and accountability in risk management, requiring deep expertise, strong leadership, and exceptional communication skills.
Responsibilities:
- Define and implement target operating model supporting inter-affiliate third party risk management across Markets
- Perform thematic review of existing, internal relationships and assist Markets in key policy adherence and monitoring
- Keep Management aware of the risk and control environment of the Business through continuous and open communication, buy preparing and host Business Risk Committee meetings with Senior Management to present and follow-up on issues, concerns and corrective action plans.
- Update and maintain a robust Manager’s Control Assessment (MCA) in compliance with the Citi Operational Risk Policy.
- Monitor third Party Management metrics, reporting & dashboard for control completion or results outside of thresholds inclusive of risk assessment and data discrepancies, past due activities, Quality assurance outcomes, aged onboarding.
- Ensure that the Business has a sound control environment from an information security perspective, including adherence to relevant policies where appropriate.
- Serve as main point of contact for audit groups and ensure that all audit requests are timely and appropriately provided.
- 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' experience in Operational Risk Management, Audit, Compliance or other control function
- Familiarity with Third Party Risk Management and Project Management
- Consistently demonstrates clear and concise written and verbal communication skills
Education:
- Bachelor’s/University degree or equivalent experience, potentially Masters degree
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Credible Challenge, Data Analysis, Laws and Regulations, Management Reporting, Policy and Procedure, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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