Business Risk and Control Officer - Lesson Learned & Risk Assessment

TN United Kingdom; Belfast; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Business Risk and Control Officer to enhance their risk management strategies. This role requires a strategic professional with expertise in risk assessment and control execution. You will work closely with management to implement and oversee risk control frameworks, ensuring compliance and operational effectiveness. The position offers a hybrid working model, competitive salary, and a generous benefits package, including ample vacation days and private medical insurance. Join a company committed to employee well-being and community impact, where your contributions will drive significant change.

Benefits

Generous holiday allowance

Discretionary annual performance bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees

Access to learning resources

Qualifications

• Strong understanding of risk management practices and compliance.
• Ability to lead global team efforts and manage complex projects.

Responsibilities

• Facilitate execution of Risk & Control Assessments.
• Implement Control Framework and ensure compliance with policies.
• Develop stakeholder relationships across various teams.

Skills

Risk Management

Communication Skills

Problem-Solving

Stakeholder Management

Project Management

Job description

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Business Risk and Control Officer - Lesson Learned & Risk Assessment, Belfast

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Client:

06500 Citigroup Global Markets Limited

Location:

Belfast, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

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Job Reference:

87698e0bdf6d

Job Views:

3

Posted:

10.05.2025

Expiry Date:

24.06.2025

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Job Description:

Role / Team Overview:

The Business Risk and Control Officer (Vice President "VP") is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires Global Markets Risk and Control execution expertise in the analysis of emerging and event driving risks. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

What you'll be doing:

1. Work with Management on governance and facilitate execution of Risk & Control Assessments as required by the operational management framework.
2. Accountable for the implementation of the Control Framework, including Lesson Learned Policy, Risk Control Policy, Control Standard and Issue Management Policy.
3. Ensure identification of root causes, partnering with process & control owners to recommend enhancements, provide check and challenge to ensure appropriate escalation in accordance with relevant Policies.
4. Direct teams in the implementation of the Lessons Learned Policy, including dissemination and learnings across other business units for process improvement to limit recurrence of similar events.
5. Support Markets Business management in review and challenge of design, effectiveness and management of controls to mitigate risks, handling deficiencies, and escalating issues for resolution.
6. Take ownership to identify, assess, document and respond to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
7. Assess, with management, the risks associated with thematic, emerging and event driven activities and changes to the Business, ensuring these are well understood and adequately risk assessed and controlled.
8. Be responsible for Risk & Control assessments or coordination of programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business (compliance, processing, third party, fraud, sanctions, etc.)
9. Assist management in guiding and influencing standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
10. Apply knowledge of the business and products to perform risk assessments and to identify and implement processes & controls.
11. Develop excellent stakeholder relationships across First Line of Defense teams and Second Line of Defense teams (Independent Compliance Risk Management and Operational Risk Management).
12. Provide Markets business risk and control subject matter expertise to stakeholders across all three lines of defense.

What you'll bring:

• Clear and concise written and verbal communication skills.
• Effective organizational influencing skills required.
• Demonstrated ability to lead global team efforts.
• Excellent problem-solving skills.
• Ability to comprehend the big pictures with high attention to critical details.
• Demonstrated ability to develop and implement strategy and process improvement initiatives.
• Strong understanding of risk management practices, including inherent risk assessment, control evaluation and residual risk measurement.
• Experience leading and managing the execution of complex projects to challenging timelines and to meet regulatory expectations.
• Experience of developing and maintaining senior stakeholder relationships.

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
• A discretionary annual performance related bonus.
• Private medical insurance packages to suit your personal circumstances.
• Employee Assistance Program.
• Pension Plan.
• Paid Parental Leave.
• Special discounts for employees, family, and friends.
• Access to an array of learning and development resources.

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need. Then apply to discover the true extent of your capabilities.

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Job Family Group:

Risk Management

------------------------------------------------------

Job Family:

Business Risk & Control

Role / Team Overview:

The Business Risk and Control Officer (Vice President "VP") is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires Global Markets Risk and Control execution expertise in the analysis of emerging and event driving risks. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

What you'll be doing:

1. Work with Management on governance and facilitate execution of Risk & Control Assessments as required by the operational management framework.
2. Accountable for the implementation of the Control Framework, including Lesson Learned Policy, Risk Control Policy, Control Standard and Issue Management Policy.
3. Ensure identification of root causes, partnering with process & control owners to recommend enhancements, provide check and challenge to ensure appropriate escalation in accordance with relevant Policies.
4. Direct teams in the implementation of the Lessons Learned Policy, including dissemination and learnings across other business units for process improvement to limit recurrence of similar events.
5. Support Markets Business management in review and challenge of design, effectiveness and management of controls to mitigate risks, handling deficiencies, and escalating issues for resolution.
6. Take ownership to identify, assess, document and respond to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
7. Assess, with management, the risks associated with thematic, emerging and event driven activities and changes to the Business, ensuring these are well understood and adequately risk assessed and controlled.
8. Be responsible for Risk & Control assessments or coordination of programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business (compliance, processing, third party, fraud, sanctions, etc.)
9. Assist management in guiding and influencing standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
10. Apply knowledge of the business and products to perform risk assessments and to identify and implement processes & controls.
11. Develop excellent stakeholder relationships across First Line of Defense teams and Second Line of Defense teams (Independent Compliance Risk Management and Operational Risk Management).
12. Provide Markets business risk and control subject matter expertise to stakeholders across all three lines of defense.

What you'll bring:

• Clear and concise written and verbal communication skills.
• Effective organizational influencing skills required.
• Demonstrated ability to lead global team efforts.
• Excellent problem-solving skills.
• Ability to comprehend the big picture with high attention to critical details.
• Demonstrated ability to develop and implement strategy and process improvement initiatives.
• Strong understanding of risk management practices, including inherent risk assessment, control evaluation and residual risk measurement.
• Experience leading and managing the execution of complex projects to challenging timelines and to meet regulatory expectations.
• Experience of developing and maintaining senior stakeholder relationships.

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
• A discretionary annual performance related bonus.
• Private medical insurance packages to suit your personal circumstances.
• Employee Assistance Program.
• Pension Plan.
• Paid Parental Leave.
• Special discounts for employees, family, and friends.
• Access to an array of learning and development resources.

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need. Then apply to discover the true extent of your capabilities.