WhitePlainsRecruiter Since 2001
the smart solution for White Plains jobs

Operational Risk Officer

Company: Citi
Location: White Plains
Posted on: January 27, 2023

Job Description:

The Operational Risk Sr Officer I is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas. Necessitates a degree of responsibility over technical strategy. This role focuses on the Cash and Cards businesses and the related Operations within TTS to ensure all risks are addressed to fully protect Citi. Responsibilities:

  • Establishes and oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
  • Independently asses risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
  • Governance and oversight may include (not limited to) technology operational risk, cyber risk for example.
  • Serves as a subject matter expert for all performance issues that surface.
  • Issues Management (KPI/KRI/Corrective Action Plans)
  • In addition to identifying key risks, the individual must be cognizant of Business and industry trends that present business opportunities and be able to provide advice to assist the Business in moving forward with new business in a controlled environment.
  • Liaise with all relevant business, risk and functional partners to uncover risk themes, root cause and the development of remediation efforts.
  • Conduct challenges of lessons learned to uncover root causes (e.g. control breakdowns) of large or frequently occurring losses.
  • The individual must maintain strong relationships with the Business, other Risk and Control functions, and Operations to effectively influence changes that will improve the risk and control environment.
  • Notify / Escalate operational risk concerns.
  • Participate and Support Development of reporting and documentation requirements across all elements of the Operational Risk framework.
  • 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.Qualifications:
    • Knowledge of financial markets
    • Prior risk and control process management experience and products
    • Outstanding communication and influencing skills through all levels of the organization. Exceptional relationship management skills; must be able to address and resolve conflict while maintaining relationships. Ability to effectively communicate complex topics to a broad audience.
    • Detailed oriented with analytical skills, as the role requires a large amount of data manipulation and presentation. Expert in Microsoft Office Tools.
    • Analytical inquisitiveness and problem solving ability; an ability to ask insightful questions, break analytical challenges into workable components and draw meaningful conclusions
    • Willingness and ability to challenge the status quo and BAU to promote improvements/enhancements that will mitigate risk
    • Ability to collaborate with others, communicate effectively with senior management, build effective business relationships. Meet regularly with Global Business Heads
    • Excellent problem-solving abilities; strong analytical skills - both quantitative and qualitative
    • Self-starter and able to execute and close out an issue in a timely manner.
    • Results oriented and tenacious
    • Critical thinking skills are essential for success
    • A thorough ability to provide risk versus reward analysis is imperative
    • Professional presence and attitude
    • Candidate should feel comfortable interacting with individuals at all levels of the organization and have an ability to influence others
    • Ability to lead or participate in cross-functional project teams
    • Clear understanding of legal/regulatory environment
    • Ability to react quickly to a fluid environment and changing priorities while executing plans to achieve multiple objectives
    • Strong Team player with a positive "can-do" attitude
    • 10+ years relevant experience
    • Compliance and/or Internal Audit experience a plusEducation:
      • Bachelor's/University degree, Master's degree preferredThe Operational Risk Management (ORM) Treasury & Trade Solutions Business Coverage team is an Independent Risk team within ORM that consists of a core group of risk professionals who support and challenge the Business in identifying, analyzing, mitigating, controlling and managing risks when providing valuable solutions and services to clients while maximizing risk adjusted returns. The global team functions out of New York. - Job Family Group: Risk Management - Job Family:Operational Risk Time Type: Full time Primary Location: New York New York United States Primary Location Salary Range: $152,050.00 - $228,080.00 Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 .View the " EEO is the Law " poster. View the EEO is the Law Supplement .View the EEO Policy Statement .View the Pay Transparency Posting - Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, White Plains , Operational Risk Officer, Other , White Plains, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

White Plains RSS job feeds