Citi: Global Risk And Control Vice President

The Global Operations Risk and Control Vice President for Know your Customer (KYC) is a risk management role reporting to the Global Operations Risk and Control Manager for KYC.

Candidate will be responsible for helping to drive a robust Risk and Control framework and Governance across the ISG KYC Operations organization globally.The Information Services Group (ISG) is responsible for providing authoritative sources of reference data to our clients across the Institutional Client Services (ICG) organization, through implementing state of the art technologies which promote the collection, storage, analysis, and distribution of product, pricing, account and corporate action data.

The ISG organization works in partnership with data clients across all ICG business lines, deploying solutions to increase their competitiveness, through restructuring business processes, simplifying information access, and providing business intelligence around critical data.

The KYC Operations team are responsible for the onboarding of new clients in compliance with Citis KYC Policy.

This includes new clients, the refresh of existing clients, data quality and corrective action plans/remediations.Responsibilities:Operational ControlIndependent first line risk role responsible for implementing a robust risk and control governance framework globally.

The role will support remediation efforts in response to regulatory matters and Internal Audit findings.

This will involve working with Operations, providing guidance and advisory support and assisting in identifying or implementing solutions.Self-Assessment of Controls ensure that all key controls are included in Managers Control Assessment (MCA) process, perform independent MCA conformance and assurance testing in line with Citi policies and standards.Assist in designing and implementing additional controls and process to strengthen overall control environment.

Recommend appropriate and pragmatic solutions to risk and control issuesTargeted process reviews lead global control reviews of high risk or key regulatory processes/functions to identify gaps in control design of control effectiveness; Develop and execute targeted review plans and schedulesCollaborate with teams across the business and determine impact on the overall control environment of any noted issuesOversight of operations CAP management including tracking operations activity and remediation to ensure sustainable actions are embedded to resolve open issues.Audits assist in planning for an audit, including identifying gaps in critical processes and ensuring CAP are raisedprior to the audit and assist in collation of deliverablesAssist Operations team in the reduction of End User Computing and reduction of risk using EUCsGovernanceDevelop reporting and tracking of key issues, MRA status and Control KRIs.

Develop regional / global KRIs and ensure function heads have a Control Dashboard to provide management with a clear view on ongoing risks/issuesPolicy/ Guidelines Policy/ Guidelines development, standardization, awareness, implementation assistance, and enforcement of related policies globallyAdvisory Subject matter knowledge (for key requirements such as processing controls, End User Computing, escalation process, near miss requirements) and trusted advisor on risk and control issues to management and staffChange Management Review process changes/implementation which may impact controlsprofile of operations processes and develop a robust risk framework that pro-actively identifies and mitigates emerging risks.Excellent communication skills are required in order to articulate issues, action plans, etc., often at a senior level.

Some external communication/negotiation may be necessaryInnovation develop methods to make the function more efficient and ensure local processes are considered in global initiatives.Use communication skills to influence a wide range of internal audiences including product, function, or regional executive management partnersRelationship Management Develop strong partnerships within the ISG Operations & Technology groups, as well as other organizations supporting ISG activities (IA, Compliance, etc.)Work with the independent ICG O& T control function, Compliance and Internal Audit to ensure compliance with all requirements and timely responses to queries.Training development of a risk and control training and awareness program, including providing guidance on all aspectsApprovals Provide review on process changes/implementation which may impact controls eg.

control change and new process acquisitionQualifications:6-10 years relevant experienceStrong understanding of KYC policies and Risk ManagementExperience in Risk and Control/Internal Audit a plusExperienced in Operational Risk with experience in KYC, Account Controls and/or knowledge of other risk disciplines (market risk, credit risk).Demonstrated analytical ability; asks insightful questions, break analytical challenges into workable components and draws meaningful conclusions.

Well versed in breaking down complex matters into core issues and root causes that can be more readily addressed.Proficient in developing new ideas to mitigate risk and improve current processes.Prioritizes high impact potential problems effectively.

Consistently reads different situations accurately and takes appropriate action to gain senior colleague/ client commitment.

Articulates clearly how risk technology supports unit’s business, as well as the issues due to gaps between the current technology and known business requirements.

Ability to measure and assess the impact of stress shocks including fat-tailed risks.

Well-versed in reviewing the dimensions of franchise risk.Education:Bachelors/University degree, Masters degree preferred.

CAMS Certification a plus Job Family Group: Risk Management Job Family:Operational Risk Time Type: 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.

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