Operational Risk Management Specialist

4 weeks ago


Wilmington, Delaware, United States Hispanic Technology Executive Council Full time
Job Summary

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve.

Key Responsibilities
  • Lead and execute the day-to-day activities of the team, which include monitoring the implementation of supervisory plans and control frameworks, ensuring compliance to established regulations, policies, and standards.
  • Manage the ongoing design, self-assessment, implementation, and enhancement of supervisory and control frameworks, ensuring robust oversight and control.
  • Maintain a strong working relationship with business partners across all the lines of defense to ensure smooth resolution of any requests, inquiries, issues around safety and soundness processes.
  • Directly impact the safety and soundness team by collaboratively ensuring the successful delivery and execution of key safety and soundness procedures and processes from start to finish.
  • Facilitate and oversee the integration of controls into ongoing transformation efforts within Global Lending Operations.
  • Analyze safety and soundness processes data to identify trends, issues and opportunities for improvements and provide strategic insights and actions.
  • Develop and implement strategic plans which include new processes and best practices to improve safety and soundness process operations, and achieve departmental goals.
  • Provide guidance, support and mentorship to the team members, fostering a collaborative and high-performance environment.
  • Tracks and ensures the team meets the KPI & SLA related to safety and soundness.
  • Assess the validity and effectiveness of proposed Activity, Risk, Control and Monitoring (ARCM's).
Requirements
  • Minimum 6 years of experience in banking or finance, with significant expertise in managing high-risk processes syndicated loans.
  • Expert LIQ knowledge and experience preferred.
  • Expert knowledge of Business Processes, Systems and Tools used in the Loan Process.
  • Demonstrate deep understanding of financial markets and regulatory compliance related to loan high-risk processes.
  • Awareness of risk types, policies and control measures and processes.
  • Comply with applicable laws, rules, and regulations, and adhering to Policies.
  • Comprehensive insight into managing, preparing, and reviewing loan documentation.
  • Extensive experience with identifying, mitigating, managing, resolving, and escalating risks and issues.
  • Proficiency with financial software and Microsoft Office Suite, particularly Excel.
Education

Bachelors/University degree, Masters degree preferred.



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