Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Shape your Career with Citi
Citi’s Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks.
We’re currently looking for a high caliber professional to join our team as Director, Country Operational Risk Management Head - Hybrid (Internal Job Title: Operational Risk 2nd LOD Sr. Group Manager based in Singapore. Being part of our team means that we’ll 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 believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
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.
We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
Individuals in Operational Risk establish and manage operational risk policies, propose strategies, and governance processes designed to minimize losses from inadequate controls, fraud, and potential bankruptcy. This includes supervision over technology operational risk, cyber risk, and fraud risk. These individuals are also responsible for the development of tools and infrastructure that support fraud monitoring and prevention, using advanced analytical and statistical skills to identify policy gaps and recommend changes to current policies. This role is crucial to the company as it fortifies against potential operational risks, thereby protecting the company's financial stability and reputation, and contributing towards the overall business resilience and success.
In this role, you’re expected to:
Establish policies, standards, and procedures to ensure consistency and alignment of operational risk management across the organization.
Influence and guide businesses in risk-related decision-making, ensuring the integration of risk management into business planning and daily operations.
Oversee the development and implementation of risk monitoring programs, including the creation of key risk indicators (KRIs) and dashboards to track operational risk exposure.
Drive by example, a culture of look across ORM (business, L1 Risk SME and cluster teams) to elevate risks identified and elicit insights from work performed.
Lead the reporting and presentation of operational risk status, trends, and key developments to the board, regulators, and other key stakeholders, as applicable.
Stay informed of regulatory changes and ensure that operational risk management practices comply with all relevant laws and industry standards.
Support internal and external audits and regulatory examinations, as applicable.
Engage with key stakeholders to ensure that operational risk management practices are fully integrated into business processes and strategic decisions.
Leverage technology and innovation for continued enhancement of risk management processes.
Inspire people with a compelling and aspirational future vision; demonstrate optimism when leading the organization through challenges and uncertainty.
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 transparency, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards
As a successful candidate, you’d ideally have the following skills and exposure:
15+ years of experience, including 8-10+ years' managerial experience
Robust understanding of operational risk management frameworks, industry standards, regulatory requirements, and risk mitigation practices.
Understanding of banking products and services and downstream impacts of operational risk strategy.
Proven experience managing complex risk assessments, designing risk mitigation strategies, and overseeing compliance with operational risk frameworks.
Demonstrated leadership in partnering with the business and senior management to address operational risk issues and implement solutions.
Experience interacting with Regulators and Internal Audit.
Ability to influence across cultures at a senior level, understanding how to operate effectively across diverse businesses.
Ability to think strategically and align operational risk management with organizational goals and regulatory obligations.
Ability to manage and drive change within the organization, ensuring risk management processes evolve to meet changing business and regulatory environments.
Outstanding communication skills, with the ability to present complex risk matters clearly and persuasively to senior management, the Board and other stakeholders.
Exudes strong executive presence and poise to garner credibility and confidence with stakeholders in senior-leader forums.
Robust analytical problem-solving abilities and a high level of integrity to deal with highly confidential data.
Education:
Bachelor's/University degree, Master's degree 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, you’ll 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 today
https://jobs.citi.com/dei
