Vice President, Business Risk and Controls

Citigroup Inc.; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial services firm in Dubai is looking for individuals in Assessment & Design to support Cards and Unsecured Lending business. Responsibilities include designing controls programs, assessing risks, and ensuring compliance with internal and regulatory standards. The ideal candidate should have 7-12 years of experience in operational risk management and be skilled in stakeholder management and analytical thinking. This is a full-time position offering a dynamic and collaborative environment.

Qualifications

• Minimum of 7-12 years of experience in operational risk management, compliance, audit, or other control-related functions.
• Strong knowledge in the development and execution of controls.
• Proven experience in implementing sustainable solutions and improving processes.

Responsibilities

• Support the design and development of Citi's comprehensive controls program.
• Assess the effectiveness of existing controls and identify areas for improvement.
• Drive management decisions aimed at maintaining operations within the firm’s Risk Appetite.

Skills

Analytical Thinking

Business Insights

Communication

Controls Lifecycle

Process Design

Risk Management

Stakeholder Management

Education

Bachelor's/University degree

Master's degree

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Individuals in Assessment & design supporting the UAE Cards and Unsecured Lending business and Credit Risk Management 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 and oversee issue and corrective action plan management processes. 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 including Managers Control Assessment (MCA).
• 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

Qualifications

• Minimum of 7-12 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 Details

Job Family Group: Controls Governance & Oversight

Job Family: Assessment & Design

Time Type: Full time

Skills

Most Relevant Skills: Analytical Thinking, Business Insights, Communication, Constructive Debate, Controls Lifecycle, Issue Management, Process Design, Program Management, Risk Management, Stakeholder Management.

Other Relevant Skills: For complementary skills, please see above and/or contact the recruiter.

Equal Opportunity Employer

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.

Accessibility at Citi

View Citi’s EEO Policy Statement and the Know Your Rights poster.

View Citi’s EEO Policy Statement and the Know Your Rights poster.