25879619 Markets Inter-Affiliate Management Lead

CITICORP INVESTMENT BANK (SINGAPORE) LIMITED; Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

A leading investment bank in Singapore is seeking a Senior Third-Party Risk Manager to drive the enhancement of risk management processes. Responsibilities include implementing policies, engaging with stakeholders, and maintaining a sound control environment. The ideal candidate will have over 10 years of experience in operational risk and excellent communication skills. This position requires strong leadership abilities and expertise in project management.

Qualifications

• 10+ years' experience in Operational Risk Management, Audit, Compliance or other control function.
• Familiarity with Third Party Risk Management and Project Management.
• Consistently demonstrates clear and concise written and verbal communication skills.

Responsibilities

• Define and implement target operating model supporting inter-affiliate third party risk management across Markets.
• Perform thematic review of existing internal relationships and assist Markets in key policy adherence and monitoring.
• Keep Management aware of the risk and control environment of the Business through continuous communication.

Skills

Operational Risk Management

Project Management

Communication Skills

Education

Bachelor’s/University degree or equivalent experience

Masters degree

Job description

We are seeking a strategic and experienced professional to join our team as a senior, Third-Party Risk Manager for Markets Operational Risk. The position requires a senior risk officer who will help drive the oversight and enhancement of inter-affiliate third-party risk management across Markets.

The successful candidate will be responsible for ensuring adherence to Citi's Third-Party Management Policy and Standards, supporting the effective implementation of the Manager Control Assessment, and driving continuous engagement with business and control partners.

A key aspect of the role will be setting up and supporting a more dynamic change program across third-party risk activities - enhancing agility, strengthening risk mitigation, and improving alignment with evolving business priorities.

The role is pivotal in supporting a robust control environment and fostering a culture of transparency and accountability in risk management, requiring deep expertise, strong leadership, and exceptional communication skills.

Responsibilities:

• Define and implement target operating model supporting inter-affiliate third party risk management across Markets
• Perform thematic review of existing, internal relationships and assist Markets in key policy adherence and monitoring
• Keep Management aware of the risk and control environment of the Business through continuous and open communication, buy preparing and host Business Risk Committee meetings with Senior Management to present and follow-up on issues, concerns and corrective action plans.
• Update and maintain a robust Manager’s Control Assessment (MCA) in compliance with the Citi Operational Risk Policy.
• Monitor third Party Management metrics, reporting & dashboard for control completion or results outside of thresholds inclusive of risk assessment and data discrepancies, past due activities, Quality assurance outcomes, aged onboarding.
• Ensure that the Business has a sound control environment from an information security perspective, including adherence to relevant policies where appropriate.
• Serve as main point of contact for audit groups and ensure that all audit requests are timely and appropriately provided.
• 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.

Qualifications:

• 10+ years' experience in Operational Risk Management, Audit, Compliance or other control function
• Familiarity with Third Party Risk Management and Project Management
• Consistently demonstrates clear and concise written and verbal communication skills

Education:

• Bachelor’s/University degree or equivalent experience, potentially Masters degree