AVP, Third Party Risk Analyst - C12

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citibank serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey.  Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services, and digital capabilities to clients across the full spectrum of consumer banking needs worldwide.

We’re currently looking for a high caliber professional to join our team as AVP, Third Party Risk Analyst based in Singapore.  Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. 

The Operational Risk Sr Analyst is a seasoned professional role within Citi’s COO Organization. This role is within the Third Party Risk Oversight (TPRO) team and is titled as a Third Party Risk Analyst (TPRA). The TPRA is responsible for various risk and control monitoring processes related to third parties. The TPRA is focused on analyzing data from various due diligence evaluations, monitoring resolution of third party Issues (Follow-Up items, iCAPs, Supplier Complaints, etc.), acting as a SME and key resource for ensuring Third Parties, Business Activity Owners (BAOs), and other key stakeholders are compliant with the Third Party Risk Management Policy and Citi Supplier Standards (and other applicable Policies) by providing guidance and assistance with completion of Third Party Utility (TPU) tasks, Gap Dispositions, third party/BAO questions and support to their internal Peers, as needed.  

Responsibilities:  The Third Party Risk Analyst is responsible to: 

• Review, assess and act on results of third party assessments/controls (e.g. IS, CoB, Data Privacy, Export, Credit Risk, Country Risk, Financial Evaluations). 
• Partner with the TPU, as necessary, to review and respond to the results of third party risk management activities conducted centrally by the TPU. Ensure gap remediation of any outstanding or overdue activities. 
• Develop, document and update Citi’s Third Party Exit Strategy Plans as required; when the exit strategy poses significant risk to Citi, work with business contacts to establish appropriate risk mitigation plans. 
• Engage the Third Party and Business to monitor and report supplier complaints, complaint escalations and issues (e.g. negative media reports, supplier complaint logs, etc.). 
• Collaborate with the Issues Management team during the implementation, follow-up and closure processes for Issue Management/iCAPs.  
• Assess and escalate any third party issues identified. 
• Support the production and maintenance of Third Party business monitoring metrics/scorecards and performance monitoring. Support includes creating scorecards based on service levels outlined in the third party contract, validation of source data, distribution and reporting of scorecards, completion and maintenance of SLA PMA tool, and remediation of any gap dispositions tied to scorecards.   
• Maintains third party systems of record – CASP+, TPORT and any/all other databases or tools (inputs supplier information timely, accurately, and completely). 
• As appropriate, interact with broader team and Third Party community to share best practices and coordinate services. 
• Partner, as appropriate, with Procurement and BAO(s) to ensure all contract documents in Citi’s Contract Management System (eSourcing) are complete, up-to-date and accurate. Engage BAO(s) prior to contract expiration to ensure contracts are renewed on a timely basis. 
• Provide polished content for USPB CAO CTPRO’s various stakeholder/executive communications and decks.  

Preferred Qualifications: 

• Preferred Candidate has 3+ years of relevant experience in one or more of the following areas: Compliance, Risk and Control or supplier/third party management. 
• Strong written and verbal communication skills. Must have the ability to articulate complex and sensitive issues to management, Business Activity Owners, Third Parties, and internal stakeholders. 
• Ideal candidate will have experience leading cross functional meetings and discussions. 
• Strong candidates should display high level of attention to detail and ability to break down complex problems to drive solutions. 
• Follow written policies/procedures, as well as assist with procedure enhancements as required. 
• Ability to exercise sound, timely and independent judgment; yet recognize when engaging others and escalation is critical. 
• Must be able to manage multiple deliverables/tasks/project at any given time and comfortable shifting work as priorities change.   
• Must be responsive, professional, and supportive to the business activity owners/partners, Manager, key stakeholders, and Supplier(s). 
• Prior user acceptance and other systems testing experience preferred. 
• Proficiency with Microsoft Office products critical to the role.