Description
Citi continues to enhance its business control and governance framework by building out Client -CAO, a new function in the 1st Line of Defense, to house and consistently manage Credit Risk activities performed across its Institutional Client Group organization.
Client -CAO was established with the objective to provide an integrated “end-to-end” credit underwriting, identification, measurement, management and monitoring for wholesale credit businesses across the enterprise. Its formation was an outcome of the Wholesale Credit Risk Program, an ongoing strategic initiative across the 1st and 2nd lines of defense, shaping ICM’s Target Operating Model. Currently CLIENT-CAO has a footprint in over 40 countries.
This role will report into the In-Business Central Controls & Enhancement Monitoring and Reporting Lead in Client-CAO and will focus on performing ongoing control monitoring and independent control testing.
The Central Controls & Enhancements team owns all supervisory and conduct metrics for the department and is tasked with the identification of best practices and processes, the integration / centralization of controls across legacy organizations, analyses and implementation of enhancements, process flow mapping and maintenance, and coordination with other Controls teams.
This is an exciting opportunity for a practically minded professional with a solid understanding of credit risk controls and a keen interest to make a difference in a fast-paced environment. The role will is an excellent opportunity to learn the
The incumbent will be working closely with the CLIENT-CAO business units and foundation of CLIENT-CAO and provide an introduction to other attributes for growth within the organization. controls sub-teams, second line control teams across locations, Business Managers, as well as partner areas such as Operations and Technology.
Mexico City
Key responsibilities include:
Plans, tests and monitors key controls which have been identified for each product line and document results / reports on findings
Works with a geographically dispersed team of resources to perform control monitoring / testing
Ensures appropriate remedial actions are in place where deficiencies are identified; performs root cause analysis
Provides governance and oversight over Client-CAO controls
Identification of best practices of controls
Identification and implementation of Business Control enhancements
Additional duties as assigned
Skills:
Highly intellectual in character requiring exercise of discretion and judgment
Excellent problem-solving abilities
Results orientated
Must be flexible to adapt to the changing needs of the organization during the different phases of Citi’s Transformation
Ability to collaborate with others to achieve business objectives
Capability to work with multi-disciplinary teams from different regions
Ability to communicate effectively with management and cross functional organizations
Other Qualifications:
Bachelor’s degree / University degree or equivalent experience
Experience in internal operation audit role or equivalent experience with controls is a plus
Proven experience in independently handling enhancement projects and interacting with teams across all lines of defense globally
Understanding of the Risk & Control disciplines, standards and associated gold source systems (Citi Risk & Control, Records Management Governance Tool, Document Management System)
Must be a self-starter, flexible, innovative, and adaptive
Proven ability to work in high-pressure, time-sensitive environment
Ability to work collaboratively and independently, ability to navigate a complex organization
A proactive and “no surprises” approach in communicating issues
Excellent written and verbal communication skills
Superb Presentation skills – in person and via video/phone
Strong Excel & PowerPoint skills
Bilingual in Spanish a plus
Advanced English proficiency required (conversational).
Knowledge of Excel and Power Point.
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.