Operational Risk Assurance Manager

Citigroup, Inc.; Belfast; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Vice President for their Operational Risk Management team. This role is pivotal in managing challenge methodologies and ensuring compliance with operational risk policies. You will collaborate with global teams to enhance risk management practices and develop effective communication strategies. The position offers a hybrid working model, competitive salary, and generous benefits, including extensive holiday allowance and private medical insurance. If you are passionate about risk management and eager to make a significant impact, this is the opportunity for you.

Benefits

Generous holiday allowance starting at 27 days

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Employee discounts

Access to learning and development resources

Qualifications

• Significant experience in Internal Audit or 2nd Line Testing.
• Excellent communication skills for internal negotiations.

Responsibilities

• Manage challenge methodologies aligned with ORM activities.
• Oversee ORM's challenge activities ensuring compliance.
• Educate ORM teams on methodologies and tools.

Skills

Risk Management

2nd Line Testing & Monitoring

Analytical Problem Solving

Communication Skills

Stakeholder Engagement

Data Analysis

Presentation Skills

Education

Bachelor's/University Degree

Master's Degree or Higher

Tools

Microsoft Office

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your experience and skills in Risk management, 2nd Line Testing & Monitoring, Analytical problem solving, and communication to Citi's Operational Risk Management Team (ORM).

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Operational Risk Assurance team supports the Global Operational Risk function by defining and maintaining Methodologies and Frameworks for undertaking Credible Challenge of the 1st Line of Defense across all business operational risk categories within Citi. The team also oversees the execution of challenges undertaken by ORM and conducts Quality Assurance over ORM activities. As an Operational Risk Management Vice President in the Independent Assurance and Quality Assurance team, you will manage challenge methodologies, ensure alignment with Operational Risk Management's second line of defense, oversee challenge execution, identify best practices, and provide guidance on compliance. You will educate global ORM on methodologies and tools, foster collaboration, and continuously improve these methodologies based on feedback and industry changes. Additionally, you will participate in risk-related projects to enhance risk management within the organization.

What you'll do

1. Manage a portfolio of challenge methodologies aligned with ORM activities as the second line of defense, setting routines, practices, capabilities, and minimum requirements for independent challenge.
2. Oversee and track ORM's challenge activities, ensuring completeness according to Operational Risk Policies, Standards, and Procedures.
3. Develop and implement communication strategies for ORM challenge methodologies, ensuring effective dissemination of updates and best practices.
4. Educate ORM teams on existing methodologies and tools, contributing to the efficiency and effectiveness of challenge activities.
5. Collaborate with ORM coverage teams and Risk Subject Matter Experts to share knowledge, facilitate communication, and address emerging risks and best practices.
6. Lead the development of learnings and best practices, ensuring content accuracy and relevance through collaboration with experts.
7. Update learning materials based on feedback and industry changes.
8. Coordinate or lead ORM QA activities through the centralized QA operating model.
9. Identify and share best practices from QA observations with global ORM teams.
10. Prepare materials using Microsoft Office for key updates on challenge methodologies and participate in risk and control projects led by ORM or other functions.

What we'll need from you

1. Significant experience in Internal Audit or 2nd Line Testing.
2. Excellent communication skills for internal negotiations, often at a senior level.
3. Attention to detail, analytical skills, stakeholder engagement, data analysis, and presentation skills.
4. Bachelor's/University degree or equivalent; Master's degree or higher preferred.

What we can offer you

By joining Citi Belfast, you will enjoy a business casual workplace with a hybrid working model (up to 2 days remote), a competitive annual salary, and a range of benefits including:

• Generous holiday allowance starting at 27 days plus bank holidays, increasing with tenure, plus a discretionary annual bonus.
• Private medical insurance tailored to your needs.
• Employee Assistance Program.
• Pension Plan.
• Paid Parental Leave.
• Employee discounts for you, family, and friends.
• Access to learning and development resources.

Citi is committed to creating an inclusive workplace where everyone feels comfortable bringing their whole self to work daily. We seek top talent worldwide who are energized, motivated, and empowered to thrive.

Interested? Apply now to explore your potential with Citi.

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Job Details

• Job Family Group: Risk Management
• Job Family: Risk Framework and Policy
• Time Type: Full time

Citi is an equal opportunity employer. Consideration is given without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any protected characteristic.

If you require accommodations due to a disability, review our Accessibility information at Citi. View Citi's EEO Policy Statement and the Know Your Rights poster.