Risk and Control Self-Assessment Group Manager

Citi•Wilmington, DE

About The Position

Manage the execution of control activities in support of Managers Control Self-Assessment (MCA) program, also known as Risk & Control Self-Assessment (RCSA). Take ownership to identify, analyze, and assess potential risks, ensuring timely identification and remediation of significant control issues and operational events. Drive the execution of the MCA in accordance with the ORM Policy & Framework, as well as applicable Policies, Standards, and Procedures. Develop and maintain ORM tools and methodologies to support accurate and consistent assessments of the risk and control environment. Consistently monitor key performance indicators (KPIs) and evaluate effectiveness of the risk and controls. Propose enhancements or improvements as necessary to the MCA. Implement robust tracking and reporting for MCA inventory including key metrics to provide visibility on the status of control gaps and MCA quality control processes, highlighting risk and escalating concerns in a timely manner. Champion MCA best practices transformation, and execution consistency across business/functions. Provide leadership to drive optimization and efficiencies in projects. Assist management in guiding and influencing decisions that conform to business objectives. Provides leadership and direction through a large team of professionals and/or junior managers.

Requirements

10+ years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
Ability to identify, measure, and manage key risks and controls.
Track record leading Control related projects and programs.
Ability to see the big pictures with high attention to critical details.
Develop and implement strategy and process improvement initiatives.
Developing new ideas and improving current processes to proactively mitigate risks.
Requires an ability to challenge and make recommendations for risk and controls remediation.
Expert knowledge in the development and execution for controls.
Proven experience in control related functions in the financial industry.
Proven experience in implementing sustainable solutions and improving processes.
Expert understanding of compliance laws, rules, regulations, and best practices.
Strong leadership, decision-making, and problem-solving skills.
Strong analytical skills to evaluate complex risk and control activities and processes.
Ability to deliver compelling presentations and influence executive audiences.
Strong sense of accountability and ownership, with strong results orientation.
Excellent communication skills; ability to engage and inspire across stakeholder groups.

Responsibilities

Manage the execution of control activities in support of Managers Control Self-Assessment (MCA) program, also known as Risk & Control Self-Assessment (RCSA).
Take ownership to identify, analyze, and assess potential risks, ensuring timely identification and remediation of significant control issues and operational events.
Drive the execution of the MCA in accordance with the ORM Policy & Framework, as well as applicable Policies, Standards, and Procedures.
Develop and maintain ORM tools and methodologies to support accurate and consistent assessments of the risk and control environment.
Consistently monitor key performance indicators (KPIs) and evaluate effectiveness of the risk and controls.
Propose enhancements or improvements as necessary to the MCA.
Implement robust tracking and reporting for MCA inventory including key metrics to provide visibility on the status of control gaps and MCA quality control processes, highlighting risk and escalating concerns in a timely manner.
Champion MCA best practices transformation, and execution consistency across business/functions.
Provide leadership to drive optimization and efficiencies in projects.
Assist management in guiding and influencing decisions that conform to business objectives.
Provides leadership and direction through a large team of professionals and/or junior managers.