Business Risk and Control Officer - Lesson Learned & Risk Assessment, Citi

Citi

Location:

United Kingdom, Belfast

Category:

-

Contract Type:

Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

The Business Risk and Control Officer (Vice President "VP") is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires Global Markets Risk and Control execution expertise in the analysis of emerging and event driving risks. 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. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family

Job Responsibility:

Work with Management on governance and facilitate execution of Risk & Control Assessments as required by the operational management framework
Accountable for the implementation of the Control Framework, including Lesson Learned Policy, Risk Control Policy, Control Standard and Issue Management Policy
Ensure identification of root causes, partnering with process & control owners to recommend enhancements, provide check and challenge to ensure appropriate escalation in according with relevant Policies
Direct teams in the implementation of the Lessons Learned Policy, including dissemination and learnings across other business units for process improvement to limit recurrence of similar events
Support Markets Business management in review and challenge of design, effectiveness and management of controls to mitigate risks, handling deficiencies, and escalating issues for resolution
Take ownership to identify, assess, document and the response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements
Assess, with management, the risks associated with thematic, emerging and event driven activities and changes to the Business, ensuring these are well understood and adequately risk assessed and controlled
Be responsible for Risk & Control assessments or coordination of programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business (e.g. compliance, processing, third party, fraud, sanctions etc.)
Assist management in guiding and influencing standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management
Apply knowledge of the business and products to perform risk assessments and to identify and implement processes & controls
Develop excellent stakeholder relationships across First Line of Defense teams and Second Line of Defense teams (e.g. Independent Compliance Risk Management and Operational Risk Management)
Provide Markets business risk and control subject matter expertise to stakeholders across all three lines of defense

Requirements:

Clear and concise written and verbal communication skills
Effective organizational influencing skills required
Demonstrated ability to lead global team efforts
Excellent problem-solving skills
Ability to comprehend the big pictures with high attention to critical details
Demonstrated ability to develop and implement strategy and process improvement initiatives
Strong understanding of risk management practices, including inherent risk assessment, control evaluation and residual risk measurement
Experience leading and managing the execution of complex projects to challenging timelines and to meet regulatory expectations
Experience of developing and maintaining senior stakeholder relationships

What we offer:

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

Additional Information:

Job Posted:

March 22, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Business Risk and Control Officer - Lesson Learned & Risk Assessment