Markets Managers Control Assessment (MCA) Architect, VP

Overview of Citi:

Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

The role:

With a rapidly growing presence, our team is a key part of the Citi Markets global organization delivering world-class solutions to meet the needs of our corporate, institutional, government, and individual investor clients in 160 countries and territories. We offer meaningful careers for individuals from a wide range of backgrounds and disciplines, our diversity is our strength and our people, our greatest asset. Our roles provide challenge and progression, working in an exciting and growing global Financial Markets organization.

This role sits within the Governance & Control function within the Chief Operating Office of Markets, responsible for the design and implementation of Markets wide frameworks and practices that are integral and fundamental to the franchise's Operational and Compliance Risk Management.  

The Governance & Control group covers:

1) Control Framework; 2) Governance of Legal Vehicles and Products; 3) Regulatory Compliance; 4) Strategy and Transformation.

As part of the Control Framework team, the MCA Framework group leads the oversight of the MCA Framework to ensure that best practices are employed across Markets and assist management in the monitoring and management of operational and compliance risk for the franchise. The MCA Framework group is a centralized team specializing in: designing and implementing standard solutions to meet policy and regulatory requirements and provide management with the tools to manage their operational and compliance risks.  

The group is looking for a VP candidate to support with the design and documentation of standardized controls across the Markets franchise.

Responsibilities:

• Partners with the team on all new or modified processes to review through the appropriate governance routines and launch with adequate controls which can be monitored and reported.
• Collaborates with Markets stakeholders and 2nd Line of Defense Risk Stripe SMEs in the documentation and drafting of process flows, risks-controls to show compliance with internal policies and laws, rules and regulations.
• Provides a comprehensive view of front to back processes with details of possible risks and relevant controls to mitigate the same.
• Serve as partner on Manager Control Assessment (MCA) Quarterly Risk Assessment and the Annual Risk Assessment process.
• Integrates subject matter and industry expertise within a defined area.
• Contributes to standards around which others will operate.
• Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers.
• Ensures internal reviews and external examinations are well managed with clearly evidenced controls.
• Proactively identifies emerging risks and assists the control team with resolving control gaps and issues and helps to create corrective action plans, inclusive of root cause identification and resolution.
• Ad hoc control / audit related requests as needed.
• Actively focus on process improvement, creating efficiencies, and ensuring proactive approach and partnership to audit management
• 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

What we need from you

• Knowledge of Operational/Compliance Risk Management Framework.
• Familiarity with Markets products and offerings.
• Experience in management, risk management and/or regulatory compliance in one or more of the following risk disciplines: technology risk, business continuity, operational risk, supplier risk, or audit and controls. Broad knowledge of other risk areas, with strong understanding of supplier or third-party risk impact in a financial services company is a plus . Demonstrates knowledge of in-scope business and product areas
• Project management and governance experience with demonstrated ability to achieve and exceed critical milestones. ·
• Ability to foster working relationships with other leaders across multiple lines of business and with support organizations, including auditors and regulators.
• Demonstrated judgement and critical thinking skills.

Education:

• Bachelor’s/University degree or equivalent experience, potentially Masters degree
• Relevant certifications (CIA, CFA, CRCM, GRCP)

What we can offer you

This is a role that'll offer you the opportunity to build an in-depth knowledge of financial services operations. Every day there will be new business challenges that will help you develop new skills that can drive your career

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

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: 

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A 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 

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.

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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.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

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