7 days old

VP / MCA Risk & Control Sr. Analyst

New York, NY 10176
EO&T is tightly integrated with Citis businesses and plays a central role in driving value for the firm as well as its clients. It provides a foundation for infrastructure, technology, processes, and people that enable Citi to achieve its day-to-day operational and its long-term growth goals. As measured by transaction volumes and customer touch points alone, Citis global O&T is one of the largest single organizations in the world.

The mission of the OTBRC organization in Citi is to support the identification, assessment, and management / mitigation of risk across O&T related to franchise, reputational, and client risks. Within OTBRC, the EO&T MCA Risk Stripe Team is responsible for the centralized oversight of the EO&T MCA program, as per the Operational Risk Management (ORM) policy and standards.

This position will report to the EO&T MCA Risk Stripe Lead and will strengthen and manage Risk in designated L1 Risk families, working closely with global and regional teams to ensure effective implementation. The position requires a solid conceptual/practical grounding in both Operational and Compliance risk stripes as well as current MCA / Risk and Control Self-Assessment (RCSA) requirements and activities.

**Key Responsibilities:**

Partner with Risk Category SME (RCSME) teams for assigned L1 Risks - e.g., Processing, Cyber (incl info sec), Physical Damage, Technology, and Third Party

Implement and challenge the consistent application of Citis Risk control standards and assignment of GRC operational and compliance risk taxonomies

Partner with the EO&T functional MCA teams to enhance consistency and accuracy in Inherent Risk and Residual assessments

Support L1 (RCSME) teams to review issues and identify and resolve thematic control deficiencies associated with assigned L1 Risk category.

Analyze data, application and assessment of risk taxonomy between multiple risk assessment routines: - MCA, Key Operational Risks, Material Operating Risks, Risk Appetite Assessment, the Material Risk Inventory, Risk Assessment of the Operating Plan, Top Risks; Issues Management and Loss/Event Reporting.

Act as a specialist function for maintaining integrity of mapping of issues and losses to MCA from a risk perspective, enforcing discipline around mapping protocols, e.g., root cause versus impact / event etc.

Help lead the re-engineering of key processes to deliver best in class standardized, streamlined and simplified capabilities across the organization

Assist with Identifying and managing operational risks, execution, and monitoring of controls including identifying automation opportunities.

Responsible for enhancing the risk component of ARCM statements, standardizing inherent risk severity levels, and aligning with Compliance and Operational Risk Key Indicators.

Support the implementation of MCA Standard and Procedures and work with business process owners to ensure consistent implementation within functions.

Assist with the delivery of operational risk assessment results and design strong business metrics that provide line of sight to business control performance.

Provide governance to ensure issue remediation addresses root causes.

Partner with Independent ORM, Risk, Compliance, Audit and Legal to identify and mitigate cross function risks.

Support the MCA process execution to deliver expectations set by Citis Regulators.

Helps lead the implementation of a standard approach for applying resolution of global/thematic issues.

Assist with defining thresholds for Universal Key Indicators (UKIs) and Business Key Indicators (BKIs) for EO&T.

Drive consistency in the application of taxonomy, alignment with regulations and policies, and accuracy of risk description.


6-10 years broad experience in operational risk roles.

Experienced in Operational and Compliance Risk Domains e.g. Tech, Cyber, Fraud, Processing, Third Party, etc.

Execution focused, evidence of delivering against challenging objectives.

Ability to build trustworthy relationships with internal and external stakeholders.

Process and Governance minded with the ability to create structure in an ambiguous and rapidly evolving environment.

A risk professional with a long and exceptional career within financial services risk management.

Experienced in process simplification, reengineering and automation efforts.

Change management - concepts and strategies.

Demonstrated consultative skills (consulting firm or corporate environment).

Executive Communication skills.

Influencing and negotiation skills with stakeholders in a highly complex matrix organization. Ability to explore alternatives and positions to reach outcomes that are supported and accepted by various parties.

Proactive with a strategic mindset.

Able to identify and resolve issues quickly and effectively.

Able to work effectively in situations requiring analytical, interpretive and problem-solving techniques.


Bachelors/University degree or equivalent relevant business experience preferred


**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 **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)


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.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


Posted: 2022-05-13 Expires: 2022-06-12

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VP / MCA Risk & Control Sr. Analyst

New York, NY 10176

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