Vice President, Asset Servicing In-Business Risk & Control Senior Manager Asia

At Citi, we get to connect millions of people across hundreds of cities and countries every day.  And we've been doing it for more than 200 years.  We do this through our unparalleled global network.  We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Shape your Career with Citi

Citi’s Markets business provides world-class solutions and an unmatched global presence.  We serve corporates, institutional investors and governments from trading floors in almost 80 countries.  The strength of our underwriting, sales and trading and distribution capabilities span asset classes and currencies, providing us with an unmatched ability to meet the needs of our clients.

We’re currently looking for a high caliber professional to join our team as Vice President, Asset Servicing In-Business Risk & Control Senior Manager Asia - Hybrid (Internal Job Title: Asset Servicing Senior Mgr – C13) based in Hong Kong.  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.  For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

In this role, you’re expected to:

• Ability to identify and manage risks inherent to the Asset Servicing Business
• 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 behaviour, 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.
• Complete process walkthroughs to identify existing and emerging enterprise-wide risks whilst assessing the Design Effectiveness of key controls.
• Manage control issues front to back including identification, root cause analysis, designing strategic solutions to mitigate the inherent risk, overseeing remediation and completing validation to prevent reoccurrence.
• Provide detailed analysis of escalated issues when necessary and recommend actions for resolution
• Propose solutions to implement asset servicing process improvements, client service enhancements, or overall technology enhancements.
• Advise management on the application of existing and new firm wide policies and standards and ensure management are aware of procedural changes and that these changes are implemented correctly within defined timelines.
• Manage all communications with Internal Audit including deliverables, walkthrough requests and issue discussions.
• Support management with ad hoc projects and deliverables to improve the group’s oversight of Risk & Control and Issue Management.
• Keep Management aware of the risk and control environment including progress of issues and remediation on a timely basis.
• Utilize strong communication, interpersonal skills to interact with colleagues and stakeholders, and to exchange potentially complex sensitive information, while being sensitive to audience diversity
• Demonstrate an advanced level of understanding of products and processes, and of how duties relate and/or integrate with others in the team and closely related teams.
• Support the development of an effective control framework that fully meets Audit, Compliance and Regulatory requirements

As a successful candidate, you’d ideally have the following skills and exposure:

• Strong risk and control mindset and understanding of Asset Servicing and/or Settlement Lifecycle
• Strong analytical and problem-solving skills with an ability to analyze data, identify trends and evaluate risk scenarios
• Excellent written and verbal communication and interpersonal skills with a proven ability to effectively engage with stakeholders in other risk related functions including 1st, 2nd and 3rd lines
• Strong presentation skills
• Ability to work in a structured, high volume, time sensitive, high risk and demanding environment.
• Working knowledge of Microsoft Suite
• Bachelor’s Degree or equivalent experience in Asset Servicing or Risk Management (e.g. Operational Risk Management and/or Internal Audit)

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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