Vice President - Business Risk and Controls Officer - Digital Growth and Data Solutions (UAE Na[...]

Citigroup, Inc.; Dubai; On-site; USD 60,000 - 120,000; Full time

Job summary

An established industry player is seeking a Vice President for Business Risk and Controls, focusing on digital growth and data solutions. This role is pivotal in developing and implementing robust control programs while ensuring compliance with regulatory standards. The ideal candidate will have extensive experience in operational risk management, strong analytical skills, and the ability to engage effectively with senior management. Join a dynamic team where your contributions will directly impact the organization's risk management strategies and operational efficiency. This is an exciting opportunity to lead initiatives that enhance risk controls in a rapidly evolving digital landscape.

Qualifications

• 6-10 years of experience in operational risk management or compliance.
• Strong knowledge in the development and execution of controls.
• Ability to manage multiple tasks and priorities.

Responsibilities

• Support the design and development of comprehensive controls programs.
• Drive controls enhancements focused on increasing efficiency and reducing risk.
• Collaborate with stakeholders to assess risks and develop mitigation activities.

Skills

Operational Risk Management

Compliance

Audit

Analytical Skills

Problem-Solving

Communication Skills

Education

Bachelor's Degree

Master's Degree

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Vice President - Business Risk and Controls Officer - Digital Growth and Data Solutions (UAE National)

Vice President - Business Risk and Controls Officer - Digital Growth and Data Solutions (UAE National)

Individuals in Assessment & design are responsible for developing, designing, and implementing controls programs, and providing review and guidance on robust controls design adhering to Citi's Policies, Standards, and Frameworks. Individuals proactively identify and drive controls enhancements such as automation, standardization and rationalization including transformation execution activities. Includes first line activities for identification, measurement (significance and likelihood), and ongoing assessment of key risks and controls in partnership with relevant process owners to drive management decisions to operate within the firm's Risk Appetite.

Responsibilities :

• Support the design and development of Citi's comprehensive controls program.
• Support assessment of the effectiveness of existing controls, identifying areas for improvement, and helping to implement necessary changes.
• Continually drive and manage controls enhancements focused on increasing efficiency and reducing risk.
• Help coordinate with key stakeholders and relevant process owners to drive management decisions aimed at maintaining operations within the firm's Risk Appetite.
• Support the assessment for the business/function risk appetite in line with changes in the business environment, regulatory requirements, and strategic objectives.
• Help collaborate with key stakeholders to assess potential risks and develop risk mitigation activities to define the acceptable level of risk across various areas of operation. • Help to drive execution of Enterprise Risk Management Framework and adherence with Risk Mgmt. / Compliance Policies.
• Help collaborate with business and functions to understand the control processes and identify potential areas for improvement.
• Stay updated on regulatory changes and industry best practices related to control management and ensure the controls program aligns with these standards.
• Support providing regular updates to senior management on the performance of the controls assessment and design.
• 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
• Partner with business and related functions in the coordination of internal audits and regulatory reviews and provide necessary support with audit and examination deliverables, tracking of engagements, monitoring of issues and CAPs raised as part of the audit process, etc ensuring coverage for Digital and Data management.

Qualifications :

• Minimum of 6-10 years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
• Ability to identify, measure, and manage key risks and controls.
• Strong knowledge in the development and execution for controls.
• Proven experience in control related functions in the financial industry.
• Proven experience in implementing sustainable solutions and improving processes.
• Understanding of compliance laws, rules, regulations, and best practices.
• Understanding of Citi's Policies, Standards, and Procedures.
• Strong analytical skills to evaluate complex risk and control activities and processes.
• Strong verbal and written communication skills, with a demonstrated ability to engage at the senior management level.
• Strong problem-solving and decision-making skills
• Ability to manage multiple tasks and priorities.
• Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.

Education :

Bachelor's/University degree, Master's degree preferred

Job Family Group:
Controls Governance & Oversight

Job Family:
Assessment & Design

Time Type:
Full time

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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