Third Party Management Risk Analyst, Assistant Vice President (EMEA)

Citi; Taguig; Hybrid; PHP 1,000,000 - 2,000,000; Full time

Job summary

A global financial services firm is looking for an Assistant Vice President, Third Party Management Risk Analyst in Manila. This role involves coordinating third-party risk management, evaluating market conditions, and ensuring compliance with policies. Ideal candidates will have 5-8 years of experience in risk management and a bachelor's degree. Competitive benefits and a hybrid work model are provided.

Benefits

Mental health resources

Telehealth options

Learning and development resources

Qualifications

• 5-8 years of experience in risk management.
• Knowledge in third-party management policy and procedures.
• Ability to analyze and create MIS of reports.

Responsibilities

• Coordinate Third-Party Risk Management activities.
• Evaluate market conditions and provide insights.
• Liaise with stakeholders to develop risk management strategies.

Skills

Risk management knowledge

Analytical skills

Effective communication

Project management skills

Problem solving

Education

Bachelor's/University degree

Job description

Overview

At Citi, we connect millions of people across hundreds of cities and countries daily, delivering a broad range of financial services and products to consumers, corporations, governments, and institutions. Citi’s Human Resources (HR) team helps attract, retain and develop employees across the globe, supporting recruiting, diversity, global learning and talent development, benefits, compensation and employee relations.

We’re currently looking for a high-caliber professional to join our team as Assistant Vice President, Third Party Management Risk Analyst - Hybrid based in Manila, Philippines. This role offers resources to meet your needs, supports healthy decision-making, and helps manage financial well-being.

Individual well-being resources include programs for physical and mental health, access to telehealth options, health advocates, confidential counseling, and more. Citi also provides access to a range of learning and development resources to broaden and deepen your skills as your career progresses.

Responsibilities

• Represent business leadership in Third-Party Risk Management activities coordination and facilitation.
• Evaluate market conditions and provide insights into trends that could impact the business.
• Advise on third-party risk assessments and reassessments.
• Verify third-party compliance to required policies and controls.
• Partner with operations and tech teams for on-site visits of third parties when necessary.
• Maintain and update Exit Strategy Plans as required.
• Address escalations of non-performance and contractual issues with third parties when necessary.
• Monitor third-party performance and service level agreements.
• Ensure proper execution and upload of third-party contracts in the Contract Management System.
• Review, prioritize, assess, and act on third-party risk management assessment results.
• Facilitate remediation of issues or gaps identified during ongoing monitoring.
• Define risk mitigation strategies based on the business' risk appetite.
• Strive for supplier optimization and efficiency.
• Liaise with Third Party Utility for centrally conducted third-party risk management activities.
• Assess risk when making business decisions.
• Participate in the identification, measurement, monitoring, and reporting of risks.
• Assist in the development and implementation of operational risk management protocols.
• Engage in third-party risk management audits and product oversight reviews.
• Design strategies to improve current processes and advocate for risk reduction strategies.
• Support the development, execution, and analysis of reports.
• Promote operational risk management best practices.
• Be an enthusiastic early adopter of change; take ownership for helping others see a better future and stay positive during uncertainty.
• Demonstrate curiosity in seeking new ways to overcome challenges; apply learning from failures.
• Encourage diverse ideas to improve outcomes and communicate alternative views respectfully.
• Act as a change catalyst by identifying where new ideas could benefit the organization.
• Understand and align with organizational decisions; help others prioritize team and enterprise success.
• Focus on high-priority work aligned to business goals; help others manage competing priorities.
• Identify opportunities to streamline work and create process improvements for efficiency.
• Takes accountability for escalating, identifying, and managing risk; implement controls that enhance client experience and operational effectiveness.
• Anticipate problems and proactively identify root-cause solutions that lead to meaningful improvements.
• Set high expectations and invest effort to deliver excellence and exceed goals.
• Role-model ethical behavior and advocate for clients and Citi in all situations.
• Engage stakeholders early and often to improve collaboration and achieve common goals.
• Volunteer in Citi programs that support the community and advocate for solutions that meet client needs.
• Promote the needs and preferences of colleagues and support work-life balance, well-being, and development.
• Leverage networks to recruit diverse talent and advocate for colleagues with diverse skillsets and experiences.
• Empathetically listen and understand others’ positions, amplifying underrepresented voices.
• Assess risk when making business decisions with regard to the firm’s reputation and compliance with laws and policy.

Qualifications

• 5-8 years of experience
• Knowledge in risk management, particularly resilience and third-party risk management
• Understanding of third-party management policy and procedures
• Familiarity with risk governance structures and risk appetite parameters
• Ability to create, apply, and analyze MIS of reports
• Background in implementing third-party and resilience risk processes across sectors and regions
• Experience in conducting comprehensive third-party and resilience risk management reviews
• Knowledge of relevant regulations and standards related to risk management and ability to ensure compliance
• Ability to adapt to work across a diverse organization, managing various sectors and regions
• Strong analytical skills to interpret complex data and present clearly
• Identify and address potential risks, ensuring regulatory adherence
• Effective communication with stakeholders, providing counsel and collaborating on risk management strategies
• Project management skills to oversee risk reviews and mitigation efforts
• Challenge established practices with adaptability and critical thinking
• Solve complex problems by addressing root causes of operational risk losses

Education

Bachelor’s/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Working at Citi is a global experience with opportunities to grow your career, contribute to communities, and make an impact.

Take the next step in your career, apply for this role at Citi today

citi.jobs link available: Citi Careers

Job Details

Job Family Group: Risk Management

Job Family: Operational Risk

Time Type: Full time

Most Relevant Skills: Analytical Thinking, Constructive Debate, Controls Design, Escalation Management, Issue Management, Operational Risk, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment

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

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.