Business Risk Senior Officer - Senior Vice President

Citi • O’Fallon, MO

1d

About The Position

The Business Risk Senior Officer I with support the day-to-day execution of Wealth’s first-line risk management framework. The professional will closely follow latest trends in the industry and adapt them for application to the Wealth organization. This role will analyze and synthesize various risk management data elements and reports to proactively identify and mitigate risks for our business. This role will be engaged in driving policy compliance across the Enterprise Risk Management Framework for the Wealth organization. Excellent communication skills are 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 functional areas. Accountable for significant direct business advice regarding the operations and risk profile of the business.

Requirements

• 10+ years experience in Operational Risk Management, Audit, Compliance or other control function
• Familiarity with 3rd party risk models.
• Consistently demonstrates clear and concise written and verbal communication skills
• SQL, Perl or Python, Matlab or R, Excel VBA.
• Bachelor’s/University degree or equivalent experience, potentially Masters degree

Nice To Haves

• Database administrator experience is a plus.

Responsibilities

• Assist the Business in key Enterprise Risk Management policy adherence and ongoing monitoring across Risk Identification, Scenario Analysis, Risk Monitoring and Risk Appetite Statement
• Keep Management aware of the risk and control environment of the Business through continuous and open communication, by preparing senior management materials for Business Risk Committee meetings to present and follow-up on issues, concerns and corrective action plans.
• Evaluating the likelihood and impact of identified risks, using risk inventory, risk matrices, and heat maps
• Monitor the status and performance of risks and remediation plans, using key risk indicators (KRIs), risk scores, and dashboards.
• Basic understanding of CCAR/Stress Testing, and Scenario analysis process
• Ensure that the Business has a sound control environment including adherence to relevant policies, where appropriate.
• Responsible for the coordination of key projects and ensuring periodic risk assessments are executed timely
• Serve as main point of contact for key stakeholders and ensure that 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.

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level