In-Business Risk 1LOD Senior Lead Analyst, SVP, New York

Citi • New York, NY

146d • $176,720 - $265,080

About The Position

An individual in Enterprise Risk Management plays a critical role in managing the bank's diverse risks to ensure financial stability and sustained growth. This involves the identification and management of enterprise-level and cross-cutting risks, designing and executing stress tests, managing climate risk and protecting against reputational risk. This integral role within the bank ensures operations are within a defined risk appetite and contribute to the overall objectives of the bank. Individuals responsible for In-business Risk Management oversee risk identification, assessment, measurement, monitoring and reporting. They design and implement risk mitigation actions and focus on managing one or more risks in support of business activities. Professionals in Enterprise Risk Management are entrusted with providing a comprehensive view of risk management which enables the bank to anticipate, assess, and mitigate potential risks, crucial for the bank's success.

Requirements

• 10+ years of experience in Operational Risk Management, Audit, Compliance or other control function.
• Experience in assessing risks and evaluating controls in collaboration with various teams.
• Proven ability to design and lead projects to enhance processes.
• Knowledge of evolving requirements and their impacts.
• Expertise in maintaining a robust Manager’s Control Assessment (MCA) in compliance with risk policies.
• Proficiency in applying requirements and implementing compliance policies.
• Experience in liaising with Compliance Assurance and Internal Audit for issue resolution.
• Ability to maintain oversight through metrics review and corrective action plans tracking.
• Proven ability in preparing presentations on developments and emerging risks for senior management.
• Experience serving as a primary contact for audit groups.
• Ability to assess risk in business decisions, comply with laws and regulations, and adhere to policies.
• Risk management skills for facilitating committee meetings and assessing compliance risks.
• Expertise in risk identification, assessment, and mitigation, informed by the latest field trends.
• Proficiency in audit processes, compliance requirements, and regulatory standards.
• Capability to enhance, automate, and simplify control processes.
• Strong leadership and ethical financial management skills, with a knack for creative problem-solving.
• Comprehensive knowledge of firm-specific policies and procedures.
• Advanced skills in managing audit processes and procedural changes.
• Ability to evaluate risks and manage control issue reporting, with responsibility over technical strategy.
• Effective communication skills for stakeholder liaison, alignment, and strategic drive.

Responsibilities

• Monitor the business changes and predict possible risk scenarios.
• Design and lead projects to execute control enhancements over processes.
• Document processes developed, actions taken and track matters to ensure resolution.
• Collaborate with ICRM regularly to ensure correct interpretation and application of requirements.
• Assess potential modifications to compliance policies, contemplate their effects, and collaborate with significant parties to ensure effective implementation.
• Liaise with Compliance Assurance and Internal Audit to facilitate resolution of any issues identified.
• Maintain oversight through review of metrics, monitoring of activity, and tracking of corrective action plans.
• Prepare presentations to update senior management and various governance committees on developments, emerging risks, control issues, and enhancements.
• Assist the Business in key policy adherence and monitoring.
• Update and maintain a robust Manager’s Control Assessment (MCA) in compliance with the Citi’s Risk Policy.
• Serve as main point of contact for audit groups and ensure that all audit requests are timely and appropriately provided.
• Supervise a team responsible for risk assessment during business decision-making, enforce strict compliance with laws, rules, and regulations, and direct the efficient reporting and resolution.
• Act as a change catalyst by identifying and helping others see where new ideas could benefit the organization.
• Proactively seek to understand and act in alignment with organizational decisions; help others prioritize team and enterprise success over their own personal agenda.
• Focus on highest-priority work aligned to business goals; help others effectively manage competing priorities.
• Proactively identify opportunities to streamline work; create process improvements that enhance efficiency for self and the team.
• Take personal accountability for escalating, identifying, and managing potential risk; implement controls that enhance the client experience and operational effectiveness.
• Anticipate problems and proactively identify solutions that address the root causes and result in meaningful improvements.
• Set high expectations and invest the necessary effort to deliver excellence and exceed performance goals.
• Engage key stakeholders early and often and actively look for opportunities to improve collaboration in achieving common goals.
• Proactively seek out opportunities to volunteer in Citi programs that support the community; advocate for solutions that meet the needs of Citi’s clients and the community.
• Empathetically listen and understand others’ positions before acting on issues; work to amplify voices that are minimized in the workplace.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees