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Operational Risk Officer

Employer
Citigroup
Location
London, United Kingdom
Salary
Competitive Salary
Closing date
Nov 25, 2021

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Job Role
Risk Manager
Salary Range
United Kingdom - GBP - £
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Level of qualification
Newly qualified, Qualified, CIMA
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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.
Role Overview:
The goal of the Operations Line Control Oversight team is to develop and maintain a comprehensive process to proactively identify and reduce operational risk. As a senior member of the Markets Operations Line Control team, the incumbent will be responsible for developing and maintaining comprehensive processes to identify and reduce operational risk; their main focus will be on the Markets Operations teams. Risk areas include but are not limited to BAU Operational process, Regulatory requirements, Internal Policy adherence, New Business initiatives, Issue & Corrective Action Plan Management and Internal & External Audit exam participation. Partnering with operations line staff, this role will be responsible for assisting in the proactive management of operating risk and remediation of control issues. This requires co-ordination across numerous internal operations teams, as well as various other support and control groups within the 2nd and 3rd lines of defence within the organisation.
Key

Responsibilities:

- Point of contact Markets Operations staff for Control related activities Overseeing and coordinating Regional Control related initiatives in partnership with Senior Operations officers
- Proactive review of EMEA Markets Operations related control processes and reporting Participate in evaluating critical; Strategic and Tactical Change; Policy and Process updates; Regulatory requirements etc.
- Support and interface to Internal and External Control organisations (Internal/external audit, Regulatory, ORM, Compliance, Finance etc.)
- Management and oversight of Corrective Action Plans (CAPs) ensuring Issues are sufficiently remediated
- Complete detailed reviews of Operational Risk Events ensuring lessons learned are shared across applicable business lines.
Qualifications:
- Willingness to question/challenge existing processes and ensure a satisfactory outcome
- Previous experience of Asset Servicing processing, highly desirable not not essential
- Teamwork skills in working with diverse Line Control officers across regions
- Proficient in metrics/Key Risk Indicators (KRI) assessment and reporting
- Strong organisational skills with the ability to multi-task
- Ability to work under pressure managing tight deadlines and/or unexpected changes
- Excellent communication and relationship skills across all management levels especially Senior Operations Management
- Analytical with great attention to detail and strong problem solving skills
- Knowledge and experience working within ICG Operations
- Bachelor's degree Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience
What we Offer:
As well as a competitive salary and consideration for a yearly discretionary bonus Citi offer;
- 23 days paid annual leave
- Award winning pension scheme,
- Life assurance and
- Private medical insurance with Bupa healthcare.
In addition, we offer a competitive maternity, paternity and adoption leave scheme and employees also have the option (provided they have a student loan from the Student Loan Company) to divert saver and company match contributions to their student loan. We pride ourselves on our ability to offer employees a number of lifestyle benefits including; on site restaurant and coffee shops, online shopping and concierge service and subsidised clubs and societies.
Our select benefit package offers you the opportunity to customise your benefits according to your own lifestyle preferences and includes corporate discounts, memberships and a range of additional extras.
We also have a vast range of diversity networks, which demonstrates Citi's commitment to growing a diverse workforce;
- Citi Mentor programme
- Prometheus - development initiative for female talent
- Citi Toastmaster
- Citi annual 5k
- Citi Pride

Job Family Group:
Risk Management

Job Family:
Operational Risk

Time Type:

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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\EEO\Supplement\Final\JRF\QA\508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\aa\policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\%20English\formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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