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The Third Party Management Program Execution provides operational support, process guidance, and quality assurance and quality control oversight to businesses across Citi, leveraging a central utility infrastructure, standardized processes, and operating procedures to execute robust risk management activities throughout the third-party management life cycle.
Job Responsibility:
Execute day-to-day activities in support of Citi’s Third-Party Management Program
Implement key, standardized processes related to compliance with Citi’s policies and standards
Guide internal stakeholders
Monitor the timely and effective completion of activities related to Third Party lifecycle
Ensure data accuracy for the reporting of third-party related metrics
Improve current processes and share best practices with management team
Participate in team meetings to analyze documentation and processes
Assist management group in gathering data and information
Provide guidance to junior TPU analysts
Verify third parties’ policies and procedures compliance
Identify opportunities for better control and productivity enhancement
Analyze data and forecast trends
Work with Operations standards team to identify process gaps
Provide data to management team for Internal and external Auditors
Initiate process changes in line with new emerging risks and regulatory requirements
Requirements:
Minimum 8+ years of working experience in financial services / Banking industry
Preferred 3+ years of direct, relevant experience in third-party risk management or operational risk management or Audit related work
Knowledge of third-party management risk and control methodologies and best practices
Team management skills preferred
Supply chain management experience preferred
Bachelor’s degree required
Master’s Degree preferred
Professional Qualifications including CA/ICWA/ACS etc
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