U.S. CBORC - Operational Risk Officer - Targeted Reviews - VP

Company: Citi
Location: Yulee
Posted on: May 15, 2022

Job Description:

As part of the U.S. CBORC Targeted Review Team, the Targeted Review Officer will serve as the point of contact, providing oversight and coordination of Targeted Reviews to ensure thorough completion of fieldwork and testing, as well as ensure issues are tracked through the Issue Governance and Management process.The role will interface with In-Business Issue Managers and business partners across multiplefunctions and lines of business to ensure business issues are captured and statuses maintained per the U.S. CBORC standards.Responsibilities

• Define the scope and review strategy based on the trends of the process in focus.
• Examine key business controls & risks in parallel to established activities, risks, controls & monitoring (ARCMs) to reach appropriate conclusions on inherent risks associated with business activities and corresponding control effectiveness in mitigating those risks.
• Conduct comprehensive control and monitoring design effectiveness evaluations to assess whether risks are sufficiently mitigated.
• Map and understand end to end processes across functions, including handoffs, to determine key control points and identify any gaps or weaknesses.
• Ensure an efficient and timely completion of the Targeted Review.
• Deliver preliminary review updates while on site.
• Sustain formal communication process with the Senior Leadership team to provide transparency to the business through regular business updates and routines.
• Provide updates, as needed, to management on issue remediation status including progress against milestones, risk identified and any other potential impacts.
• Establish and sustain strong project management disciplines and routines with clear accountability for the business and key stakeholders from the Targeted Review planning period through Issue remediation and closure.
• Partner with Issues Management peers to ensure all action plans are appropriate, address the root cause and proposed deliverables satisfy requirements for business closure.
• Ensure audit issues, action plans, and delivery dates are entered into the appropriate tracking system. -
• Partner with CBORC peers to develop and maintain comprehensive dashboard reporting on U.S. Consumer Businesses audit and compliance review status,
  • results, actions, issues, and issues closure.
  • Provide root cause/trending analysis on issues identified during reviews.
    • Qualifications
    • Bachelor's degree required.
    • 8 - 10 years of direct, relevant experience in Financial Service operations, Control, Compliance, Internal Audit, or Regulatory Management.
    • Strong verbal and written communication skills, including presentation skills.
    • Self-motivated with strong interpersonal skills and the ability to create support and buy-in across a wide range of stakeholders; create a strong network of relationships among peers, internal partners, external constituencies, decision makers and stakeholders.
    • Strong judgment and critical thinking skills.
    • Detail oriented, with proven ability to question and identify opportunities within existing processes and business practices by leveraging previous experiences and knowledge.
    • Superior organizational skills with proven ability to successfully manage multiple concurrent priorities.
    • Deep functional knowledge of the U.S. Consumer businesses and applicable rules, regulations, and processes.
    • Pragmatic problem-solver, forward thinker with independence of thought.
    • Demonstrated ability to influence a group of diverse stakeholders and drive accountability and ownership with key business partners and process owners.
    • Demonstrated ability to employ diplomacy and business perspective with stakeholders, peers and Audit teams.
    • Computer experience to include expertise with Microsoft Office (Excel, PowerPoint, Word).
    • 30% travel required.Responsibilities-------------------------------------------------Job Family Group: Risk Management-------------------------------------------------Job Family:Operational Risk------------------------------------------------------Time Type:Full time------------------------------------------------------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 .View the "" poster. View the .View the .View the -----------------------------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.

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