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Vice President of Business Risk and Control

2 months ago


Tampa, Florida, United States Citigroup Inc Full time
Are you ready to advance your career?
At Citi, we recognize the value of our skilled workforce and strive to foster professional growth from within before seeking external talent for our vacancies. If you believe this position aligns with your career aspirations, we encourage you to consider applying.

Our employees are the cornerstone of our success.

About Citi
Citi stands as a premier global banking institution, managing approximately 200 million customer accounts across over 160 countries and territories. We offer a comprehensive suite of financial services, including consumer banking, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Technology & Business Enablement
As a forward-thinking bank, Citi is committed to creating economic value that is both responsible and beneficial to our clients. Our Technology & Business Enablement teams are dedicated to delivering innovative solutions that underpin our operations, ensuring safety, managing resources, and enhancing the tools our employees require for success. We aim to transform client and partner interactions, providing exceptional service through secure and efficient platforms.

Chief Operating Office

The TB&E COO organization is a multifaceted team focused on achieving Citi's vision of growth and economic advancement. We oversee controls, analytics, quality assurance, regulatory compliance, data transformation, and business execution services for our Technology and Foundational Services functions.

Position Overview - VP Business Risk and Control Officer

We are looking for a Business Risk and Control Officer to support the TB&E Chief Operating Office. This role involves providing continuous oversight and expertise in risk and control, facilitating formal governance processes that allow for the identification, mitigation, and escalation of operational risks.

Key Responsibilities:
  • Assist in managing and coordinating the Managers Control Assessment (MCA) for the division.
  • Oversee the identification, documentation, and remediation of issues and corrective action plans (CAPs).
  • Identify control gaps and collaborate to develop action plans for risk mitigation.
  • Manage risk appetite metrics to ensure effective delivery of mitigating actions.
  • Evaluate risks in business decisions, ensuring compliance with laws and regulations while safeguarding the firm's reputation.
  • Report control issues transparently and hold individuals accountable for maintaining standards.
  • Collaborate with business partners on findings and recommend improvements.
  • Develop procedural implementation and change management processes to ensure governance and controls.
  • Review procedures for regulatory consistency and customer experience impact.
  • Conduct internal testing of dispute processes to ensure control effectiveness.
  • Monitor exceptions to dispute policies and identify underlying causes.
  • Utilize data to assess impacts on customer experience and regulatory compliance.
  • Operate with a degree of autonomy and independent judgment.
  • Serve as a subject matter expert to senior stakeholders and team members.
Qualifications:
  • 6-10 years of experience in developing, implementing, or testing controls within risk management.
  • 5+ years of experience in a technology-driven organization.
  • Familiarity with Managers Control Assessment (MCA) processes.
  • Ability to work effectively across various functions.
  • Capability to balance strategic objectives with tactical execution.
  • Proven track record in making impactful business decisions.
  • Strong analytical skills and experience with tools such as Excel, Access, SQL, or Cognos.
  • Excellent written and verbal communication skills.
  • Effective organizational influencing abilities.
  • Strong problem-solving skills.
Education:
  • Bachelor's degree or equivalent experience; higher-level graduate degree preferred.
Job Family Group:
Risk Management

Job Family:
Business Risk & Control

Time Type:
Full time

Compensation:
Competitive salary and benefits package, including medical, dental, and vision coverage, 401(k), life insurance, and wellness programs.

Citi is an equal opportunity employer and values diversity in the workplace.