Job Description

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank thats uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot.Shape your Career with CitiCitis Risk Management organization oversees Citis risk governance framework and risk appetite, ensures all risks generated by the firms businesses are measured, reviewed, and monitored on an ongoing basisWere currently looking for a high caliber professional to join our team as Director, Business Risk and Control Sr Group Manager - Hybrid (Internal Job Title: Director - C15) based in Mumbai, India. Being part of our team means that well 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 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.In this role, youre expected to:The Regulatory Quality Control team is a central team within Risk, reporting to the Head of Regulatory Quality Control focused on oversight of independent review of the regulatory issues owned by Risk.The team is responsible for effective check and challenge, driving consistency, developing templates and design principles for Quality Control to review Transformation and Regulatory issues for Risk.Lead quality control reviews of applicable laws, rules, regulations, and controlsContinuously confirm that regulatory transformation programs have clearly identified the required roles and responsibilities and have appropriately identified, and are engaging, all relevant Citi stakeholders with appropriate accountability.Evaluate the effectiveness of risk data aggregation, validation and reporting procedures to ensure compliance with the policies and regulatory requirements and making recommendations for improvements, where necessaryDevelop and document detailed testing scripts to assess adherence to risk policies, procedures, and bank regulatory requirements.Evaluate the design and operating effectiveness of controls, assess identified findings, determine root causes and propose risk ratings in accordance with internal guidelines and standards.Prepare detailed work papers to support the results of the quality control programLeverage specialized knowledge and skills, providing management with insight into their area of subject-matter focus.Proactively monitor assigned book of work for changing risks and needed updatesIdentify solutions for a variety of complex and unique control issues, utilizing complex judgement and sophisticated analytical thought.Highlight where controls are functioning well or where management needs to act to better manage current and emerging risks and escalate any significant concerns appropriately.Partner with cross functional teams to develop approaches for addressing broader corporate/thematic emerging issues.Lead the junior team members from technical perspective in reports automation and data analysis related work, such as creating plans with specific actions in line with the teams overall prioritization, guiding the junior members in their assignments, and reviewing their work to provide feedback, etc.Build strong partnerships with IA and Risk teams in addition to Product/Functions team to address key information requirements and becoming a plan expert for the team.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.Escalate any issues on program structure and scope, as needed, to the Transformation Program Execution Lead.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 transparencyAs a successful candidate, youd ideally have the following skills and exposure:An extensive years of broad experience in transformation roles including in managing large complex cross-company transformation programs, including Finance, Audit, Risk and Controls, Regulatory or Consulting roles, in financial services.Strong knowledge of data and reporting processes and risk and controls - both preventative and detective.Experience working for a Regulator highly desirable.A critical thinker who seeks to understand the business and its control environmentRecent experience in managing or leading audits and/or quality assurance reviews for a banking institution is preferred.Proven leadership and project management skills to drive alignment across stakeholder groups to review and challenge repeatable end-to-end risk management solutions and controls aligned with policies, framework and processes.Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.Demonstrated ability to understand effective and efficient risk controls and gaps within large organizations.Develop influential relationships based upon shared risk objectives and trust to deliver outstanding business impact and elevate teams value proposition.Ability to work as a member of a team where success is defined not only on individual performance but also that of the entire team.Excellent communication skills; ability to articulate deadlines and deliverables clearly to senior members of organizationExperience advising and collaborating with cross-functional internal & external stakeholders.Lead through change with candor and optimismEffective negotiation skillsAbility to work effectively on virtual teams, including across different geographies and time zones preferred.Demonstrated excellence in mentoring and developing staff and expanding their capabilities.BS or MS degrees in business, finance, economics, engineering, computer science or other analytically intensive discipline's, FRM or CIA certification preferred.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, youll 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 todayhttps://jobs.citi.com/deiJob Family Group: Risk ManagementJob Family: Business Risk & ControlTime Type: Full timeCiti 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 .View the " " poster. View the .View the .View the

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