Business Risk Officer - Vice President

Discover a Strategic Career in Business Risk at a Global Financial Leader

Are you seeking a dynamic career move that positions you at the forefront of a leading global financial institution? This opportunity within Citi offers precisely that, inviting you to become an integral part of an organization dedicated to serving as a trusted partner to its clients by responsibly enabling growth and economic progress through financial services.

About the Role: Business Risk Officer

This Business Risk Officer position is a strategic role designed for a professional who thrives on staying ahead of industry developments and actively contributing to strategic direction. You will be recognized as a technical authority in your area, requiring a solid understanding of commercial awareness and the ability to influence and guide others. Your work will have a significant impact on an entire business area, contributing to the overall performance and effectiveness of the sub-function. You will provide crucial advice and counsel related to the technology and operations of the business.

Key Responsibilities and What You'll Do:

• SOX Control Management: Partner with Front Office, Back Office, and Finance control owners to ensure the proper design, documentation, and execution of SOX key controls in alignment with Citi's SOX policy.
• Process and Control Documentation: Review and develop process flows and Risk and Control Matrices to confirm that key controls effectively address relevant financial statement assertions.
• Control Validation: Perform control walkthroughs to validate design effectiveness and assess operational execution.
• SOX Attestation Support: Aid in Markets' year-end SOX control attestation by ensuring the completeness and accuracy of in-scope controls.
• Quality Assurance: Support quality control certifications, evidence collection, and remediation efforts.
• Framework Alignment: Liaise closely with SOX governance teams, internal/external auditors, and Finance to ensure Markets' processes are aligned with the overall SOX and MCA frameworks.
• Improvement Initiatives: Work collaboratively with business partners on findings and make recommendations for enhancing practices.
• Independent Operation: Operate with a limited level of direct supervision, exercising independence of judgment and autonomy.
• Subject Matter Expertise: Act as a Subject Matter Expert (SME) for senior stakeholders and team members.
• Risk Assessment and Ethical Conduct: Appropriately assess risk in business decisions, with a keen focus on the firm's reputation, safeguarding Citigroup, its clients, and assets. This includes driving compliance with laws and regulations, adhering to policy, applying sound ethical judgment, and transparently managing and reporting control issues.

What Citi is Looking For in Candidates:

• Extensive Experience: Significant relevant work experience in Business Risk & Controls, with a strong focus on SOX within the financial services industry.
• Technical Proficiency: Demonstrable experience using MS Excel and MS Access.
• Communication Skills: Consistently clear and concise written and verbal communication.
• Influence and Organization: Effective organizational and influencing skills.
• Leadership Potential: Demonstrated ability to lead global team efforts and experience with third-party vendor management is preferred.
• Problem-Solving and Strategic Thinking: Excellent problem-solving skills with the ability to see the big picture while maintaining high attention to detail.
• Strategic Implementation: Demonstrated ability to develop and implement strategy and process improvement initiatives.
• Educational Background: A Bachelor's or University degree (or equivalent experience), with a Master's degree being a potential advantage. An ACA qualification or equivalent is also highly valued.

Advantages of Joining Citi:

By joining Citi, you are not just taking on a new role; you are investing in a career within a supportive and forward-thinking organization. Citi is committed to making a positive financial and social impact, and they extend this commitment to their employees.

• Career Growth: Be part of a global organization with extensive learning and development resources to fuel your professional growth.
• Work-Life Balance: Enjoy a business casual workplace with a hybrid working model, offering up to 2 days of remote work per week.
• Competitive Compensation: Receive a competitive base salary that is annually reviewed.
• Comprehensive Benefits Package:
  • Generous holiday allowance starting at 27 days plus bank holidays, increasing with tenure.
  • A discretionary annual performance-related bonus.
  • Private medical insurance packages tailored to your needs.
  • Employee Assistance Program for your well-being.
  • A robust Pension Plan.
  • Paid Parental Leave.
  • Special discounts for employees, family, and friends.
• Inclusive Environment: Citi is dedicated to fostering a workplace where everyone feels comfortable being their authentic self, empowering you to thrive.

Key Considerations for Your Career Path:

This role is ideal for individuals who are proactive, detail-oriented, and possess strong analytical and problem-solving capabilities. If you are looking to:

• Deepen your expertise in business risk and control frameworks within a complex financial environment.
• Develop strategic influencing and stakeholder management skills on a global scale.
• Contribute to critical compliance and operational integrity initiatives.
• Advance your career within a reputable financial institution that values its employees and their development.

then this Business Risk Officer position presents a significant opportunity to shape your career trajectory and make a tangible impact.