Job Description

Citi\'s Banking, Capital Markets and Advisory (BCMA) division provides comprehensive relationship coverage and a full suite of products and services to be the best possible financial partner to its institutional clients. Citi leverages the breadth of its unmatched global network to meet clients\' debt capital raising needs and to provide merger and acquisition and equity-related strategic financing solutions. From inaugural issuances and exchanges to cross-border transactions and first-of-their-kind landmark structures, our track record of successfully executing transactions in both buoyant and challenging market conditions is a testament to Citi\'s unwavering commitment to provide the highest quality service to clients. By serving these companies, we help them grow, creating jobs and economic value at home and in communities worldwide. Overview The In- Business Risk & Control Senior Manager role will be responsible for the oversight of Banking, Capital Markets and Advisory (BCMA) Corporate Banking India, Bangladesh and Sri Lanka (The India Cluster) Operational Risk & Control requirements. Corporate Banking comprises Top Tier Local Corporates (TTLC), Financial Institutions (FIs) and Global Subsidiaries Group (GSG) The individual will provide governance & oversight of operational risk identification, assessment, and monitoring and mitigation process as a First Line of Defense function. The role has a direct reporting line to the Regional BCMA In-Business Risk & Control Head based in Hong Kong with a matrix reporting line to the BCMA Corporate Banking India Business Head. The individual will perform the role through proactive engagement and coordination with global Business Management, regional Business risk and control teams, and in-country business teams, through effective challenge in formal governance forums and in day-to-day management processes. Additionally, the role leverage all the core tools that are part of the Operational Risk Management (ORM) framework, viz., the Key Operational Risk (KOR) identification and Key Risk Indicator (KRI) monitoring process, scenario analysis, Manager\'s Control Assessment (MCA) challenge as part of Citi\'s Governance, Risk and Control (GRC) framework. The objective is to ensure compliance with Citi\'s Operational Risk Framework and Firm policies. Responsibilities: Oversight of internal controls, identification of key operational and emerging risks by ensuring appropriate review and continuous assessment, design and execution of those controls and compliance with regulations. Maintain line-of-sight on risk and control matters across all countries in the BCMA India Cluster. 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. Participate in various management forums at both the local and Regional levels. Keep BCMA management aware of the risk and control environment of the Business through continuous and open communication, by preparing and hosting Business Risk Committee meetings with Senior Management to present and follow-up on issues, concerns and correct action plans. Working with the BCMA Regional In-Business Risk & Control Team update and maintain a robust global Manager\'s Control Assessment (MCA) through Citi\'s Governance, Risk and Control (GRC) framework. Engage in the risk assessment process, controls and Key Risk Indicators (KRI) thresholds design, as well as continuous monitoring of Key Operational Risks (KORs) in compliance with Citi\'s Operational Risk Management Policy. Responsible for local management reporting in coordination with regional risk and control teams, including quarterly reporting on changes to the control environment, significant events, lessons learned and root cause analysis as applicable. There may be a requirement for collaboration with the Global BCMA Team which may include conference calls / video calls with the headquarters in US time zones. Locally oversee key operational risk areas and maintain a close working relationship with internal policy owners at the second line of defense, including Independent Compliance Risk Management (ICRM), Operational Risk Management (ORM), Information Security (IS), Third Party Management (TPM), etc. For BCMA India Cluster act as main point of contact for Internal Audit and Compliance Testing or Monitoring groups and ensure that all deliverables requests are timely and appropriately addressed. Conduct root cause analysis on potential issues identified and support the business in the design of corrective and preventive action plans. Discuss remediation plans with reviewers prior to validation stage. Coordinate the implementation of global and regional risk and control projects and initiatives. Work with the relevant country franchise and Second Line teams (including processes tied to internal and external third parties) to map and document processes in order to achieve consistency while addressing local nuances. Qualifications: Minimum 8 - 10 years in Operational Risk Management / Enterprise Risk Management, Audit, Compliance or other control functions Demonstrated strong working knowledge of BCMA products and the related operations and financial requirements Excellent project management and organizational skills and capability to handle multiple projects at one time Consistently demonstrates clear and concise written and verbal communication skills Proficient in the learning and use of new systems to capture operational risk data for internal analysis Knowledge and understanding of Citi applications and systems would be advantageous. . Demonstrated judgement and critical thinking skills. Education: Bachelor\'s/ University degree or equivalent professional qualification Bachelor\'s/University degree or equivalent experience, potentially Masters degree Job Family Group: Risk Management Job Family: Business Risk & Control 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

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