Operational Risk Assurance - Vice President

Job Title : Operational Risk Assurance Manager

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your experience and skills in Risk management, 2nd Line Testing & Monitoring, Analytical approach to problem solving and communication to Citi’s Operational Risk Management Team (ORM).

By Joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Operational Risk Assurance teams supports the Global Operational Risk function by defining and maintain Methodologies, Frameworks for undertaking Credible Challenge of 1 Line of Defense (across all business, operational risks categories within Citi). The team additionally oversee the execution of the Challenges undertaken by ORM function and also undertakes Quality Assurance over ORM’s own activities.

What you’ll do

As an Operational Risk Management Vice President in the Independent Assurance and Quality Assurance team, you will manage challenge methodologies, ensuring alignment with Operational Risk Management's second line of defense. This involves overseeing challenge execution, identifying best practices, and providing guidance on compliance. You'll also educate global ORM on available methodologies and tools, fostering collaboration with risk experts and stakeholders. Your role includes continuous improvement of these methodologies, incorporating feedback and industry changes. Additionally, you will participate in risk-related projects, contributing to the overall effectiveness of risk management within the organization.

Responsibilities:

• Managing a portfolio of challenge methodologies aligned to the activities conducted by Operational Risk Management in their role as second line of defense. These will set the routines, practices, capabilities and minimum requirements used in the performance of independent challenge. 

• Oversee and track the inventory of challenges performed by ORM, ensuring completeness with the roles and responsibilities documented within Operational Risk Policies, Standards and Procedure.

• Develop, implement, and execute a communication strategy for ORM challenge methodologies, ensuring effective dissemination of updates and best practices to relevant stakeholders.

• Assist with educating ORM on the existing methodologies and tools available supporting Independent Challenge framework and Quality Assurance programs. Contributing to the improvement in the efficiency and effectiveness of ORM challenge activities.

• Collaborate with ORM coverage teams and Risk Subject Matter Experts to provide guidance on challenge methodologies, facilitate knowledge sharing sessions, and ensure effective communication regarding emerging risks and best practices. This includes regular meetings, joint workshops, and the development of shared resources.

• Lead the development and implementation of learnings and best practises that align with the challenge methodologies. To include collaboration with subject matter experts to ensure accuracy and relevance of content.

• Continually assess and update learning materials based on feedback and evolving changes.

• Coordinate or lead execution of assigned ORM QA activities through the centralized QA operating model.

• Identify and share best practices gleaned from QA observations with global Operational Risk Management teams.

• Prepare materials using Microsoft Office to provide key updates on challenge methodologies, to include regular forums.

• Involvement in various risk and control projects or initiatives led by ORM or other control functions.

What we’ll need from you
 

Qualifications:

• Significant experience in Internal Audit or 2nd Line Testing is required.
• Excellent communication skills required in order to negotiate internally, often at a senior level
• Detailed oriented with analytical skills, stakeholder engagement, data analysis and presentation.

• Education:

• Bachelor’s/University degree or equivalent, Master’s degree or equivalent preferred

What we can offer you

By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as: 

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure, discretional annual performance related bonus 
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program  
• Pension Plan 
• Paid Parental Leave 
• Special discounts for employees, family, and friends 
• Access to an array of learning and development resources 

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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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